Restaurant Brands International(US:QSR) Bei Jing Shang Bao·2026-02-02 12:29Group 1 - The core point of the article is the successful completion of a joint venture transaction between Restaurant Brands International (RBI) and CPE Yuanfeng, marking a new phase of rapid growth for the Burger King brand in the Chinese market [1] - CPE Yuanfeng plans to expand the number of Burger King stores in China from approximately 1,250 to over 4,000 by 2035, aiming for sustainable same-store sales growth [1] - Following the transaction, CPE Yuanfeng injected an initial capital of $350 million into Burger King China and holds about 83% of the shares, while RBI retains approximately 17% minority equity and board seats [1] Group 2 - A 20-year master franchise agreement has been signed by a wholly-owned subsidiary of Burger King China, granting exclusive rights to operate and develop the Burger King brand in the Chinese market [1]