Core Insights - CPE Yuanfeng has acquired approximately 83% of Burger King China from Restaurant Brands International (RBI), which retains about 17% ownership [1][2] - The deal aims to accelerate Burger King's growth in China, following RBI's previous acquisition of Burger King China for $158 million from TFI and Cartesian Capital [1] - Burger King China plans to expand its store count from around 1,250 to over 4,000 by 2035, with a focus on sustainable same-store sales growth [2] Financial and Operational Highlights - CPE Yuanfeng will inject $350 million (approximately 2.5 billion RMB) into Burger King China to support expansion, marketing, menu innovation, and operational improvements [1] - In the past six months, Burger King China has closed 196 underperforming stores, resulting in improved financial metrics [1] - As of September 30, Burger King China's same-store sales increased by 10.5% [1]