It is from Chongqing, China.

Rural Base Catering Group was founded in Chongqing on November 23, 1996 by Ms. Li Hong and Mr. Zhang Xingqiang.

In 2015, the founder Mr. Zhang Xingqiang proposed the development strategy of “better raw materials”. On the existing basis, we continue to optimize and improve the quality of raw materials. In China's fast food industry, Village Base Group has put forward the concept of "insisting on the use of non-GMO edible oil". Based on this, we have refined the "four major guarantees" .

Extended information

In 2010 Eastern Time, Village Fund began to be listed on the New York Stock Exchange. Its opening price was $25, with a price-to-earnings ratio of 65.80. After the opening, the stock continued to rise. As of 9:48 EST, the stock was trading at $25.45, an increase of 54.24% from the IPO pricing of $16.5. ?

Village Capital issued 5 million American depositary shares ADS in the United States (each ADS corresponds to 4 ordinary shares). Each ADS was priced at US$16.5 and was oversubscribed nearly 30 times. Documents provided by Village Foundation show that the company’s founders, Li Hong and his wife, jointly own 53.2 million shares of the company.

Rural Foundation - Company Profile

Baidu Encyclopedia - Rural Foundation