Beijing Cheaper Square Roast Duck Group Co., Ltd. is a state-controlled restaurant group. It owns a number of long-established catering brands: "Bargain Square Roast Duck Restaurant", which was built in the 14th year of Yongle of the Ming Dynasty (1416) and is unique in its technique of roast duck in a stewed oven; "Duji Yushu Roasted Duck Restaurant", which was built in the 3rd year of Qianlong of the Qing Dynasty (1738) and was given the bat-head plaque by the Emperor of the Qing Dynasty The "One Dragon Restaurant", built in 1785 by Emperor Guangxu; the "Zhengyang Lou Restaurant", built in 1843 by Emperor Daoguang; the "Buddhist Pure Vegetarian Cuisine", built in 1922 by Emperor Guangxu; the "Buddhist Pure Vegetarian Cuisine", built in 1843 by Emperor Daoguang; and the "Dushi Mansion", built in 1738 by Emperor Qianlong, with a bat head plaque. The restaurant was built in 1922, and it serves Buddhist vegetarian dishes; "Kung Te Lin Vegetarian Restaurant" was built in 1926, and it is famous for serving Beijing snacks, such as "Jin Fang Snack Shop" and many other long-established brands. There are 36 stores in the city.

The brand of Cheap Square is recognized as "Famous Trademark of China", and the brands of Duyiqi and Jinfang are recognized as "Famous Trademarks of Beijing". Cheap Square's duck roasting technique and the technique of making siu mai in Duyi are listed on the "National Intangible Cultural Heritage Protection List", while the technique of making shabu-shabu and the custom of Beijing soybean juice are listed on the "Beijing Intangible Cultural Heritage Protection List".

Baibaofang Group has been honored with a number of titles: "China's Top 100 Catering Enterprises" by the China General Chamber of Commerce and the China Cuisine Association, "China's Top 10 Catering Brands" by the China Hotel Association, "A-Level Beijing Tax Credit Award" by Beijing Municipal State Taxation Bureau, and "A-Level Beijing Tax Credit Award" by Beijing Municipal Government. "Beijing Tax Credit A-class Enterprise" by Beijing Municipal State Taxation Bureau, "Youth Employment and Entrepreneurship Trainee Base" by Beijing Municipal Committee of **** Youth League, and recommended as vice president by China Hotel Association, Beijing Culinary Association, Beijing Catering Association, and Beijing Old Fame Association respectively. The company has been recommended as the vice-chairman by China Hotel Association, Beijing Cuisine Association, Beijing Catering Association and Beijing Old Brand Association.

Cheap Place adheres to the business philosophy of "convenient for the people, suitable for the family", insists on taking the road of inheritance and innovative development of the long-established catering brand, and strives to create positive contributions to promote the prosperity of the catering market and satisfy the people's demand for meals!