Introduction to Café de Coral Group

Our business covers Hong Kong, Macau, Guangdong Province of China, the United States and Canada, with more than 120 Hong Kong-style fast food restaurants and specialty restaurants, including Ah Er Soup, Yizhu Noodles, Bravo le Café, Italian The Spaghetti House, Espressamente illy, Manchurian wok, etc. In 2003, it acquired Oliver's Super Sandwiches. In March 2007, it strategically acquired 11.65% equity interest in Daoxiang Group for RMB 97.86 million.

In 1992, Café de Coral began to enter the Chinese mainland market and established Café de Coral (China), which mainly opened branches in Guangdong Province, including Guangzhou, Zhuhai, Shenzhen, Dongguan, Zhongshan, Jiangmen, Foshan and other places.

Café de Coral launched the "Club 100" membership program in 2006, which regularly provides discounts. This marketing strategy is mainly to consolidate and improve customers' frequency of patronage and loyalty. Its main similar competitors include Foxwoods and Maxim's Fast Food.

In 2008, Café de Coral purchased land in Tai Po Industrial Estate to build a central food logistics processing center, which is expected to be completed in 2010.

The founders of Café de Coral and Happywoods are Luo Tengxiang and Luo Fangxiang respectively, both brothers of Luo Guixiang, the founder of Vitasoy.