China Xiangtai Food Co., Ltd. Announces Grand Opening of its First Hot Pot Restaurant in Chongqing
China Xiangtai Food Co., Ltd. - Ordinary Shares (PLIN)
Company Research
Source: PR Newswire
CHONGQING, China, Aug. 27, 2020 /PRNewswire/ -- China Xiangtai Food Co., Ltd. (NASDAQ: PLIN) ("PLIN" or the "Company"), an emerging growth company engaged in the food processing business, today announced that the grand opening of its first hot pot restaurant will be held on August 28, 2020 in Chongqing, China. Ms. Zeshu Dai, Chairwoman and Chief Executive Officer of the Company commented, "The grand opening of the first hot pot restaurant is a significant milestone for our company as it is our first step to explore a new market and reach out to more customers. We plan to use a franchise model to open 200 restaurants with our own brand by 2021. We take pride ourselves in our existing industry resources and ability to provide consumers with a true farm-to-table experience. In the future, we will expand our hot pot chain and we believe it will become a key driver for our Company."About China Xiangtai Food Co., LtdHeadquartered in Chongqing, China, China Xiangtai Food Co., Ltd, is a food
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