People familiar with the matter said that the Core Investment Group is seeking to withdraw from some of McDonald's business in mainland China and Hong Kong, which means that McDonald's Chinese shareholders will change.But McDonald's China responded that the company's ownership structure remained unchanged.
According to Bloomberg Society on Thursday (July 13), people familiar with the matter reported that Carey Investment Group and CITIC Capital Holdings Co., Ltd. Xinxin Capital, which is the MubaDala Investment Corporation and other funds seek funds of US $ 4 billion (about S $ 5.3 billion) to purchase part of its equity in McDonald's China and Hong Kong business.
People familiar with the matter said that McDonald's shareholders have agreed to the above plan, and the goal of finalizing an agreement with investors in the fourth quarter of this year.
A McDonald's spokesman said in response to inquiries that McDonald's goal in the Chinese market is to increase the number of stores to 10,000. Therefore, the company is using the funds and other resources provided by shareholders to achieve in the Chinese market in the Chinese market.Sustainable growth.
McDonald's China announced in 2017 that the strategic cooperation with CITIC, CITIC Capital Holdings and Core Investment Group has successfully completed the delivery. McDonald's (China) Co., Ltd. officially renamed Jin Gold (China) Co., Ltd.According to the announcement at the time, CITIC and CITIC Capital will hold 52%of the controlling equity in the new company, and Carey and McDonald's hold 28%and 20%of equity respectively.
Since then, McDonald's in China has doubled more than 5,400, and there are 250 in Hong Kong.McDonald's plans to open another 900 stores in China this year.
However, relevant staff of McDonald's told CICC that the golden arch is full of confidence in the long -term sustainable development of the Chinese market and will continue to make full use of CITIC (Xinzhang Capital), Carey and McDonald's worldwideCapital and resources support, further accelerate development, and achieve the development goals of 10,000 restaurants in the future.The company's ownership structure remains unchanged, and the support of shareholders of all parties in the development of the golden arch is resolutely unchanged.