The last round of official financing of Baiguoyuan was in January 2018.

Editor’s note: This article is from WeChat public account “Finance Graffiti ” (ID: caijingtuya ), Author Stone Jin, editor tuya.

According to company intelligence expert “Finance and Finance”, a new round of industrial and commercial changes has taken place in mid-to-high-end fruit chain brands, and Guangfa Shunde, which had invested 100 million yuan in Bai Guo Yuan in a Series A financing, withdrew from the company’s shareholders.

Change in shareholders of Baiguoyuan: Guangfa Shunde withdraws and the relevant shares are transferred to the management team

Tianyancha’s data showed that the operating entity of Baiguoyuan, Shenzhen Baiguoyuan Industrial Development Co., Ltd., with more than 40 shareholders, had a slight change on January 17. Zhuhai Kangyuan Investment Enterprise and Guangfa Shunde Investment Management Co., Ltd. Withdrawing from the list of shareholders, the new shareholder was Shenzhen Huilin Industrial Development Co., Ltd., and the registered capital remained unchanged.

It is worth noting that the two exiting investors are both Guangfa Shunde’s investment entities, and Shenzhen Huilin Industrial Development Co., Ltd. was established on September 5, 2019. Yuhui Yong, founder and chairman of Baiguoyuan, and the president Xu Yanlin holds 51% and 49% of the shares, respectively.

Given the fact that Zhuhai Qianheng Investment Management Co., Ltd., a subsidiary of GF Securities, has withdrawn from the ranks of shareholders, in other words, GF Xinde has completely withdrawn.

In September 2015, Baiguoyuan announced the completion of a 400 million yuan A round of financing, Tiantu Capital led a 350 million yuan investment, and Guangfa Shunde and Qianhai Mother Fund followed suit. This is also the earliest round of financing for Baiguoyuan, which was established in 2001 and opened its first store in 2002.

In January 2018, Baiguoyuan announced the last round of official B-round financing announced to date by CICC Zhide, Zhongzhi Capital, CICC Huirong, Cornerstone Capital, Source Capital, Yuexiu Industrial Fund, Shenzhen Venture Capital And other investments exceeding RMB 1.5 billion.

According to the foreign media “eurofresh”, Baiguoyuan has become the world’s largest fruit chain. In April 2019, Baiguoyuan announced the expansion from fruit to fresh products, and released an independent fresh platform-Baiguo Xinxiang.

According to the latest data disclosed by Baiguoyuan’s official website, the annual sales of Baiguoyuan in 2018 exceeded 10 billion yuan, and online sales reached 2 billion yuan.More than 4,000.