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The ceremony of Qingfeng Company's capital increase was successfully held

On 8th,August Beijing Qingfeng Catering Management Co., Ltd. (hereinafter referred to as “Qingfeng Company”) signing ceremony for the capital increase project and Beijing China Equity Exchange (hereinafter referred to as “CBEX”) and Beijing Huatian Food Group Co., Ltd. (hereinafter referred to as The “Hua Tian Group” comprehensive service cooperation signing ceremony was held at CBEX. Sun shuo, deputy head of Xicheng District, Shi Xiaolu, director of the reform department of Beijing Municipal State-owned Assets Supervision and Administration Commission, Lei Haibo, director of the comprehensive department, Zhang Zongliang, researcher at the property rights department, Yan Liping, director of the Xicheng District State-owned Assets Supervision and Administration Commission, Huatian Group, Qingfeng Company Shanghai Fosun High-Tech (Group) Co., Ltd. (hereinafter referred to as "Fosun Hi-Tech"), Beijing Financial Street Capital Operation Center (hereinafter referred to as "Financial Street Capital"), CBEX and other related leaders and media personnel participated The signing ceremony.

Wu Ruchuan, Chairman of CBEX gave an opening speech. He expressed his heartfelt congratulations on the capital increase of Qingfeng Company, and introduced the important achievements made by CBEX in the reform of state-owned enterprises and the function of the capital market. CBEX hopes to continuously deepen cooperation with the Xicheng District State-owned Assets Supervision and Administration Commission and the state-owned enterprises in the district to better serve the reform of the state-owned enterprises in Xicheng District and help the district-owned enterprises to achieve new development in the new era.

Jia Feiyue, General Manager of Huatian Group delivered a speech. He introduced the relevant situation of Qingfeng Company and the mixed reform, and fully expressed the recognition of the advisory service of CBEX. He expressed Qingfeng Company will take advantage of this opportunity of mixed reform, with the support of various shareholder units to make the company bigger and stronger, strengthen the company's business scale, adapt to the market trend of consumption upgrade, and strive to make Qingfeng a leading brand of Chinese fast food.

Huatian Group, Fosun Hi-Tech, Financial Street Capital and Huaqing Tianfeng jointly signed a capital increase agreement. Qingfeng Company successfully restructured from a state-owned sole proprietorship to a mixed-ownership enterprise jointly owned by public capital, non-public capital, and employee stock ownership platform through capital increase and share expansion.

The signing ceremony was a complete success. Qingfeng Company stated that it will actively promote the construction of the company's modern governance system and governance structure in the future, and complement each other's shareholder units to achieve mutual benefit and common development.

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