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What kind of company is South Beauty
International food service management company. Founded in 2000 in Beijing, South Beauty is a company specializing in international food service management, and its founder is Zhang Lan. The current chairman and general manager is Qin Lotian. South Beauty's first restaurant, located in Beijing, specializes in Szechuan and home-cooked dishes, and has been named the "Favorite Chinese Restaurant for Foreigners" for its pursuit of East-meets-West fusion in terms of dining innovation and environment. South Beauty also created the high-end brand Lan Club and SUBU Fashion Concept Restaurant, and in 2008, South Beauty became the catering service provider for the Olympic Games. In the same year, CDH acquired a 10.53% stake in South Beauty for 200 million yuan and signed a betting agreement with Zhang Lan that South Beauty must go public in 2012. South Beauty failed to get listed on the A-share and Hong Kong stock exchanges in 2011 and 2012. Founder Zhang Lan thus lost effective control of South Beauty and gradually weakened to the point of being out of the game. since then, South Beauty has changed hands between private equity firm CVC, debt syndicate-assigned Bohua Group and other capitalists. in June 2010, South Beauty Co. was named "2009 China's Top Ten Catering Enterprises of the Year by Restaurant World ". In March 2014, South Beauty won the 13th China Hotel Golden Horse Award.