
Happy Bee (China) Catering Management Co., Ltd., one of the top ten brands of fast food chains, a subsidiary of Happy Bee Group, implements the "24-hour uninterrupted operation" model, Taiwanese-style exquisite fast food, the modern inheritor of Chinese food traditions, and a large-scale domestic chain fast food enterprise
Yonghe King is a fine fast food with Taiwanese flavor. At any time of the day, you can enjoy delicious, value-for-money Taiwanese products and attentive service, so you can enjoy a relaxing moment in the busy day.
Yonghe Dawang opened its first restaurant in Shanghai in 1995 and now has more than 300 restaurants across the country. Up to now, Yonghe Dawang has gradually developed into an all-day dining place with nearly 40 kinds of products. In addition to the famous soy milk fritters, Yonghe Dawang's Dawang mushroom braised pork rice, Dawang tomato beef noodles and other products are favored by customers.
Remarks: "Yonghe" is the place name of Taiwan, famous for its delicious soy milk, Yonghe Dawang is one of the earliest Yonghe brands to enter the mainland, Yonghe Dawang and other brands of Yonghe are not the same brand, unrelated.
In February 2004, Happy Bee officially acquired 85% of the shares of Yonghe Dawang Catering Group. It took three years for Yonghe King to be acquired by a foreign-funded restaurant chain. On 20 July 2007, Happy Bee Co., Ltd., the largest restaurant chain in the Philippines, announced that it would acquire the remaining 15% stake of Yonghe Dawang for US$6 million, completing its goal of acquiring 100% of Yonghe Dawang. After this acquisition, Happy Bee will integrate the business of Yonghe Dawang and introduce more new food and beverage brands in the Chinese market. With the help of Happy Bee Group's successful experience in the fast food industry for more than 25 years, Yonghe Dawang will strive to become the No. 1 brand of Chinese fast food and provide customers with delicious and valuable products.
Founded in 1975 by Mr. Chen Juezhong, an overseas Chinese in the Philippines, Happy Bee Group has developed into the largest fast food chain group in the Philippines. Happy Bee Group has many catering brands, covering Southeast Asia, Chinese mainland, the Middle East, and the United States, and currently has nearly 2,000 restaurants around the world, making it the first listed catering company in the Philippines.