The prospectus of the rural Kigai Harbor shares, the number of direct restaurants expanded to 1146

On July 29, 2022, the rural base fast dinner submitted a prospectus to the Hong Kong Stock Exchange and planned to be listed on the motherboard. The prospectus submitted by the company on January 25, 2022 has failed.

Rural base fast food is one of the leading Chinese fast -food groups in the Chinese catering industry with a high -speed development of high -speed development. As of May 31, 2022, the company has managed the two major brands of rural foundation and Mr. Dami, with a total of 1,146 straight restaurants. According to the Ferrusana report, according to the number of chain restaurants and income income in 2021, the company is China's largest direct -operated Chinese fast food group.

The growth of rural base fast meals is strong. According to the Ferrisana report, from January 2019 to December 2021, the number of chain restaurants increased by 80.1%, which was the highest among the five direct -operated Chinese fast food groups in China.

During the track record, the company mainly focused on strengthening and expanding its share in the following key areas: Chongqing, Sichuan, Hubei, Hunan and Shanghai. As of May 31, 2022, Mr. Rice had 195, 92, 103, 83, 105 and 4 restaurants in Hubei, Hunan, Sichuan, Chongqing, Shanghai and Guangdong.

During the trading record period, five months ended May 31, 2022 in 2019, 2020, 2021 and as of May 2022. The company's revenue was RMB 3.257 billion, 3.161 billion yuan, 4.618 billion yuan, and 4.618 billion yuan, and 4.618 billion yuan and 4.618 billion yuan. 1.793 billion yuan.

From the five months from 2019 to 2021 and 2022, the company's restaurant business revenue accounted for 73.6%, 63.6%, 66.5%, and 66.5%; the proportion of takeaway business revenue was 26%, 36%, 33.4%, and 33.4, respectively. %.

During the same period, the company's profits were 82.702 million yuan, -2424 million yuan, 109 million yuan, and -22244 million yuan, respectively.

The rural fast food said in the prospectus that the restaurant has experienced rapid expansion in recent years, which has led to an increase in risks and uncertainty about business operations, and the company may not be able to fully cope with these risks and uncertainty. In the five months ended May 31, 2022 in 2019, 2020, 2021 and as of May 2022, the company opened 125, 113, 122 and 20 rural base restaurants, and 127, 109, 179 and 37 Mr. Rice Restaurant.

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