China McDonald's business was acquired by CITIC, CITIC Capital and Carlyle Group, which means that these three companies have become the main franchisees of McDonald's in Chinese mainland and Hongkong. However, the McDonald's brand itself has not changed, and it is still owned and managed by McDonald's American company.

Although China McDonald's has been acquired, part of its shares still belong to McDonald's American company, which means that there are still some cooperation and connections between them in brand, management and operation.