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Is Guangzhou Restaurant Group a state-owned enterprise?

Guangzhou Restaurant Group is a state-owned enterprise. The full name of Guangzhou Restaurant Group is Guangzhou Restaurant Group Co., Ltd. Guangzhou Restaurant, a time-honored Chinese brand, was founded in 1935 and is known as "the first restaurant in Guangzhou". Guangzhou Restaurant (stock code: 603043) established the group in 1991; it was restructured into Guangzhou Restaurant Group Co., Ltd. in 2009; it was listed on the Shanghai Stock Exchange in June 2017, becoming the first listed catering group in Guangdong Province.

Honors received by the company

In recent years, the company has won the honors of China's top ten catering brands, China's famous trademarks, China's new time-honored brands, and the National Hotel and Catering Industry Excellence Award for the 70th Anniversary of the Founding of the People's Republic of China. Honors include industry model of meritorious enterprise, advanced collective in the national trade and circulation service industry, advanced grassroots party organization in Guangdong Province, collective with outstanding contributions to poverty alleviation in Guangdong Province, and civilized unit in Guangzhou.

In May 2021, Guangzhou Restaurant was selected into the "Top 10 Online Development Rankings of Chinese Zongzi Brands in 2021" released by iiMedia Ranking.

On September 28, 2023, the Ministry of Commerce and other five departments issued a notice on announcing the review results of Chinese time-honored brands. The review results were confirmed and announced, and the corporate brand was selected.

The company's main business

The company's main business includes catering services and food manufacturing. It adheres to the development direction of "strong catering brands and food to create scale". It owns "Guangzhou Restaurant" and "Taotao Restaurant". Catering and food brands such as "Ju", "Likoufu", "Tianjipin", "Autumn Wind", "Liangfengyuan" and "Xingyue City" have established food production bases in Guangzhou, Maoming, Xiangtan, Meizhou and other places, and have initially established cross-regional The joint layout of production capacity promotes the market to further expand to eastern Guangdong, western Guangdong, central China and eastern China, and the products sell well at home and abroad.

The company’s business scope

Parking lot operation; cold storage rental services; commodity retail trade (except licensed and approved commodities); house leasing; property management; Internet product sales (licensed and approved commodities) (Except); Internet retail of goods (except for licensed products); wholesale of frozen meat; retail of frozen meat; wholesale of dried fruits and nuts; retail of dried fruits and nuts; enterprise management services (except those involving licensed business projects); retail of collectibles (national exclusive Exclusively controlled); conference and exhibition services; catering management; wholesale trade of goods (except for licensed goods); venue rental (excluding warehousing); commercial franchise; retail of arts and crafts (except ivory and its products); desserts Manufacturing and sales; catering distribution services; snack services; bar services; cafe services; teahouse services, etc.

The company's products

As a large-scale comprehensive food processing base in South China, the company's Likofu Food Company has established a complete modern R&D system and quality management system, and its food safety production has reached international standards. Advanced level, and has become the developer and participant of many national technical standards. It has been recognized as a high-tech enterprise and a key agricultural leading enterprise in Guangdong Province.

Guangzhou Restaurant’s Likofu brand products cover eight series including Mid-Autumn Mooncakes, quick-frozen dim sum, Cantonese-style cured meats, prepared dishes, lotus paste fillings, Dragon Boat Festival rice dumplings, Western cakes and breads, and snack foods. Among them, Mid-Autumn Mooncakes, as the representative of "authentic Cantonese-style mooncakes", have been in the industry leadership position for many years. The company has established an online and offline omni-channel sales system, with more than 220 Likofu food chain stores, distribution channels in many places across the country, and online operations covering official malls, Tmall, JD.com and other platforms.