Restaurant Brands International(US:QSR) 2 1 Shi Ji Jing Ji Bao Dao·2025-11-11 05:55Core Viewpoint - CPE Yuanfeng has announced a strategic partnership with Burger King to establish a joint venture, "Burger King China," aimed at expanding the brand's presence in the Chinese market, following similar moves by McDonald's and Starbucks [1] Group 1: Investment Details - CPE Yuanfeng will inject an initial capital of $350 million (approximately 2.5 billion RMB) into the joint venture [1] - The plan includes expanding the number of Burger King outlets in China from around 1,250 to over 4,000 by 2035, alongside achieving sustainable same-store sales growth [1] - After the transaction, CPE Yuanfeng will hold approximately 83% of the joint venture, while Restaurant Brands International (RBI) will retain about 17% [1] Group 2: Strategic Focus - CPE Yuanfeng's investment strategy focuses on sectors with "long slope and thick snow" characteristics, indicating a preference for stable and growing industries [3] - The company has invested approximately 10 billion RMB in the chain consumption service sector, with notable projects including Mixue Ice City and Aier Eye Hospital [3] Group 3: Market Potential - RBI's CEO, Joshua Kobza, emphasized that China remains one of the most attractive long-term growth markets for Burger King globally [4] - CPE Yuanfeng aims to empower Burger King China through product upgrades, brand marketing enhancements, store expansion, online channel restructuring, digital system development, and financial optimization [4] Group 4: Transaction Timeline - The transaction is expected to be completed in the first quarter of 2026, subject to regulatory approval processes [5]