Yummy Town (Cayman) Holdings Corporation (hereinafter referred to the Company, the Group or Yummy Town) is a holdings corporation set up in British Cayman Islands on December 22, 2009. The Company’s companies for reinvestment mainly specializes in sales and services of food & beverage chain to sell a variety of leisure tea and beverages, snacks and light meals. The Company’s brands of Real Brew Tea (RBT) and Happy Lemon are operated in the regular chains and franchise or regional franchise, while our business domains have spread all over Mainland China, Taiwan, Hong Kong, Japan, the Philippines, S. Korea, USA, UK, Australia and Middle East that makes the two famous brands in restaurant chain system in China. In 2015, we cooperated with Keio Group of Japan to launch a brand of The Spiceland specializing in curry cuisines in Japanese style, the own brands of ‘Tea Opal’ in middle and high-end tea beverage brand and the brand of Alma Spanish snacks we built in 2016 are regular chain-oriented. In 2017, the Company launched a brand of Hippo Bobatea specializing in brown sugar bubble tea with tapioca pearls, and we set up cooperative stores in joint venture in 2018 in addition to regular chains. After three years of development, we’ve grown brand awareness gradually. Having been widely popular by consumers, the Company has planned to constantly expand its business and develop franchise business.
