Little Sheep
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Little Sheep
Little Sheep Group Limited
Subsidiary
Industry Catering
Founded 1999
Headquarters Baotou, Inner Mongolia, China
Area served
China, United States, Canada, Japan, Indonesia
Key people
Chairman: Mr. Zhang Gang
Deputy Chairman: Mr. Chen Hongkai
Products Hot pot
Parent Yum China
Website Little-Sheep Catering Chain Company Limited
Little Sheep Group Limited
Traditional Chinese
Simplified Chinese

Little Sheep Group Limited is a company founded in 1999 in Baotou, Inner Mongolia, China. It specializes in operating hot pot restaurants, condiment and meat processing.

Little Sheep currently has over 300 chain restaurants in China (including Hong Kong and Macau), Taiwan and also the United States, Japan and Canada. In 2007, it was awarded the most popular Chinese hot pot restaurant by Chinese Restaurant Association. It was listed on the Hong Kong Stock Exchange in 2008.[1]

Little Sheep posted ¥2 billion in revenues in 2010, or 2% of dining-out receipts in China, according to Pei Liang, secretary-general of the China Chain Store & Franchise Association.[2]

In 2011, Little Sheep was sold to Yum! Brands Inc, a U.S.-based fast food franchise conglomerate (headquartered in Louisville, Kentucky). Yum agreed in May 2011 to acquire Little Sheep for $587 million; however, the deal was delayed for four months as the Chinese Ministry of Commerce conducted an anti-trust investigation.[3] Little Sheep is delisted from Hong Kong Exchange in February 2012 in the end. [4] In 2016, Yum! Brands spun off their Chinese operations into Yum China, which included Little Sheep.[5]

See also

References

External links



  This article uses material from the Wikipedia page available here. It is released under the Creative Commons Attribution-Share-Alike License 3.0.

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