---
title: "NEW AMANTE's subsidiary plans to establish a joint venture primarily engaged in catering services"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/255056622.md"
description: "NEW AMANTE announced that its wholly-owned subsidiary Chengdu Bazhen Yushi Catering Service Co., Ltd. will establish a joint venture with Chinese citizen Mr. Liu Wei, tentatively named Sichuan New Qichen Technology Co., Ltd. The joint venture will be registered in Chengdu and will primarily engage in food and beverage and catering services, with Bazhen Yushi and Mr. Liu holding 70% and 30% of the shares, respectively. The joint venture will focus on developing comprehensive tea beverage experience stores that integrate high-end tea service with cultural experiences"
datetime: "2025-08-28T16:13:03.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/255056622.md)
  - [en](https://longbridge.com/en/news/255056622.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/255056622.md)
---

# NEW AMANTE's subsidiary plans to establish a joint venture primarily engaged in catering services

According to the Zhitong Finance APP, NEW AMANTE (08412) announced that after the trading session on August 28, 2025, a wholly-owned indirect subsidiary of the company, Chengdu Bazhen Yushi Catering Service Co., Ltd. (Bazhen Yushi), will sign a joint venture agreement with Mr. Liu Wei, a Chinese citizen, to establish a joint venture (tentatively named Sichuan New Qichen Technology Co., Ltd.) (joint venture company). The joint venture company will be registered in Chengdu, China, primarily engaged in the wholesale and retail distribution of food and beverages, catering services, and related supporting products and services. Upon the establishment of the joint venture company, Bazhen Yushi and Mr. Liu will hold 70% and 30% of the shares in the joint venture company, respectively, and its financial performance will be consolidated into the group's consolidated financial statements.

In the initial phase, the joint venture company will focus on developing and operating comprehensive tea beverage experience stores in mainland China. These flagship stores will integrate high-end tea beverage services, modern retail, and cultural experiences, redefining the consumer interaction model in the tea beverage industry

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