JOLLIBEE Foods Corp. (JFC) recently opened another Tim Ho Wan store in mainland China, making the dim sum food restaurant available at the Changning district of Shanghai.
“We’re thrilled to continue expanding the Michelin-starred Tim Ho Wan in Mainland China. We are targeting to open 100 restaurants within the next four years,” JFC China President Shirley Chang said in a statement on Monday.
JFC has a joint venture agreement with the Tim Ho Wan group to open and operate their dim sum restaurants in mainland China.
Located in the Nanfeng City Shopping Mall, the new branch is the third Tim Ho Wan store in the country. The first was opened in September 2020.
The new two-storey branch has an alfresco dining area to allow the store to safely accommodate up to 126 customers.
JFC aims to open three more Tim Ho Wan stores by September in Shanghai’s Hongkou, Jing‘an, and Minhang districts.
On Monday, shares of JFC at the local bourse went up by 0.29% or 60 centavos to close at P210.60 apiece. — Keren Concepcion G. Valmonte