It has been nine months since it was announced on March 31th, 2116 that it would introduce strategic investors. Today (October 9th), McDonald's China was finally sold to CITIC, CITIC Capital and American private equity fund Carlyle Investment for US$ 2.18 billion. At noon today, CITIC announced on the Hong Kong Stock Exchange that CITIC, CITIC Capital, Carlyle and McDonald's have reached a strategic cooperation and set up a new company, which will become the main franchisee of McDonald's in mainland China and Hong Kong in the next 21 years. It is reported that the new company will acquire McDonald's business in mainland China and Hongkong for a total consideration of up to US$ 2.18 billion (about HK$ 16.14 billion). The purchase consideration will be partially settled by cash and partially by issuing new shares of the new company to McDonald's. After the transaction is completed, CITIC and CITIC Capital will hold 52% of the controlling shares in the new company, while Carlyle and McDonald's will hold 28% and 21% respectively. The new company expects to open more than 1,511 new restaurants in the next five years, and will turn more than 1,751 direct-operated restaurants into franchises. The announcement shows that the new company will further develop McDonald's business, including opening new restaurants (especially in third-and fourth-tier cities), increasing the sales of existing restaurants, and expanding and upgrading in menu innovation, convenient service, digital retail and takeaway. Previously, in 2115, McDonald's said that it would turn 4,111 restaurants into franchise restaurants by the end of 2118, and its long-term goal was that 95% of restaurants were franchise restaurants. After the completion of this transaction, more than 1,751 McDonald's restaurants in mainland China and Hongkong will be franchised. As of February 31th, 2116, McDonald's has more than 2,411 direct-operated and franchised restaurants in China Mainland and more than 241 in Hongkong. Can McDonald's global revitalization plan break through Parkson? According to the Beijing Times, Yum! Brands, which owns KFC and Pizza Hut, spun off its business in China and went public on the NYSE in October 2116. Investors introduced by Yum! China are Chunhua Capital operated by Hu Zuliu, the former chairman of Goldman Sachs Greater China, and Ant Financial, a subsidiary of Alibaba Jack Ma. The two parties jointly invested 461 million US dollars to acquire part of the shares of Yum! China Holdings. At present, the market value of Yum! China is about $11.8 billion. Obviously, the controlling stake of Yum! China is still in the hands of Yum! Group. Hot drinks mixed with disinfectant. How did father and son get into McDonald's dining poisoning? Different from Yum!' s divestiture of China Company from Sina News, McDonald's China has sold the main management right in China market, but the notice shows that the acquirer can only become the main franchisee of McDonald's in mainland China and Hongkong in the next 21 years. According to Caixin, from a global perspective, McDonald's is ahead of KFC. At present, McDonald's has more than 31,111 stores in 121 countries and regions; KFC (including Pizza Hut) has about 1,111 chain stores in 81 countries and regions, which is only one third of McDonald's. McDonald's global revenue is basically twice that of KFC, and its profit is three to four times that of KFC. "Patriotic youth" questioned that boycotting KFC was irrational and patriotic, and was beaten by the boycotters. Open Sina News to see details, but this power contrast was upside down in the China market. KFC and Pizza Hut both belong to Yum (NYSE：YUM), and its main business unit in China is Yum's China division. Yum! China has 8,211 restaurants, including nearly 5,111 KFC stores and nearly 3,111 Pizza Hut stores. The total number of McDonald's stores in mainland China is only 2,411, which is less than one third of that of Yum! China. The two companies consume about 1 billion chickens in China market every year, including 641 million chickens from KFC and 361 million chickens from McDonald's. 351,111 people in the United States petitioned KFC to stop using antibiotic chicken and open Sina News on food safety issues. The income and profits of Yum! Without Borders China accounted for half of Yum! Group for a long time, with a higher proportion in the peak period of 2112. The China part of McDonald's accounts for only 5% of its global business, and its profit is almost negligible. In addition, China, an observer, previously reported that the sales of McDonald's were greatly reduced because of the exposure of the supplier's use of expired chicken in the summer of 2114. With the improvement of the income level of consumers in China, they are being robbed of customers by local capital catering chains and foreign coffee chains recently. In addition, McDonald's in the United States is also facing the problem of slow growth. From July to September, 2116, the financial report showed that the profit continued to decrease, and the net profit decreased by 3% compared with the same period of the previous year. It was shifting from a direct store with higher cost to an external franchise. The woman was invited to eat KFC, and was deeply moved and sexually assaulted. Open the video to watch the tragedy caused by KFC. Whether the sale of the main franchise can bring a turn for the better for McDonald's operation in China is worthy of attention. However, Steve Easterbrook, CEO of McDonald's, said that there are huge business opportunities in China and Hongkong. Our partners have excellent performance and have a comprehensive understanding of the China market. The joint efforts of all parties can further enhance competitiveness, realize rapid business growth, and make McDonald's a leading fast food enterprise in China Mainland and Hongkong.