Development of Xi 'an Catering Co., Ltd.

The company adheres to the management policy of "surviving by quality, occupying the market by characteristics and developing enterprises by scientific management". In recent years, it has shown a healthy and rapid development trend. The annual operating income has increased at a rate of more than 10%, accounting for one thousandth of Xi 'an outlets, and the operating income has accounted for 7% of the city. For six years in a row, the enterprise ranks among the top 100 catering enterprises in China and the top 10 catering enterprises in China. In August, 2007, the company won the title of "Brand China Golden Spectrum Award-Top Ten Brands of the Year in China Catering Industry" in the series of brand China general evaluation list selection activities.

20 13 On May 28th, Xi 'an Catering announced that it had signed the Intention Agreement on Capital Increase and Share Expansion with Shaanxi Du Kang Liquor Group Co., Ltd., and the company planned to participate in the capital increase and share expansion of Du Kang Liquor Industry with cash or non-monetary assets not exceeding 200 million yuan.

Xi 'an Catering said that Du Kang Liquor Industry and its affiliated enterprises have a complete R&D industrial chain, producing and selling well-known brands of liquor, which has high brand awareness and market influence. By increasing the capital and shares of Du Kang Liquor Industry, the company can quickly enter the upstream product supply industry, at the same time extend the industrial chain, improve the product structure, maintain the quality and price stability of upstream products, enhance the company's competitiveness and share, and help the company expand its business scale and further improve its overall profitability.