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Beijing Sanyuan Food Co., Ltd. (hereinafter referred to as "Sanyuan food") is a Sino foreign joint-stock enterprise mainly engaged in dairy industry and McDonald's fast food, Its predecessor was Beijing milk station, which was established in 1956. It was renamed Beijing milk company in 1968. Beijing Sanyuan Food Co., Ltd. was established in 1997. In 2001, the company was restructured into Beijing Sanyuan Food Co., Ltd. in August 2003, it issued 15 RMB ordinary shares to the public, In April 2006, the Ministry of Commerce of the people's Republic of China approved the completion of the split share structure reform. After the successful non-public offering of shares in November 2009, the total share capital of the company was 885 million shares. At the same time, the Chinese rights and interests of Beijing McDonald's Food Co., Ltd. and Guangdong Sanyuan McDonald's Food Co., Ltd. are an important part of Sanyuan food. The company owns 50% shares of Beijing McDonald's and 25% shares of Guangdong McDonald's indirectly.
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