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Stock impact report

Yoshiharu Announces Strategic Partnership with Xing Sheng Group to Open Flagship Restaurant in Shenyang, China

Yoshiharu Global Co. (YOSH) 
Company Research Source: GlobeNewswire
Agreement with Xing Sheng Group will Bring Yoshiharu Global’s Expanding Cuisine to its First International Location BUENA PARK, Calif., Oct. 08, 2024 (GLOBE NEWSWIRE) -- Yoshiharu Global Co. (NASDAQ: YOSH) ("Yoshiharu" or the "Company"), a restaurant operator specializing in authentic Japanese ramen & rolls, has entered into a non-binding Memorandum of Understanding (“MoU”) with Xing Sheng Group through a Master License Agreement (“MLA”) for the Liaoning Province in China to introduce a new flagship Yoshiharu restaurant in Shenyang, China, home to over 43 million people. Founded in 1991, Xing Sheng Group is a prominent Chinese conglomerate with ventures in real estate, investments, and film production, operating 17 subsidiaries in major cities across China. Its real estate arm, Shenyang Yongsheng Seven Stars Tourism Development Co. (“Shenyang Yongsheng”), specializes in developing tourist attraction centers in Shenyang and is currently constructing China’s largest water park. Show less Read more
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