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Little Sheep Group Limited
Little Sheep restaurant at Xin'ao Shopping Center
Native name
小肥羊餐饮连锁有限公司
Company type
Subsidiary
Industry
Hospitality
Founded
1999
Headquarters
Baotou, Inner Mongolia
,
China
Area served
China
United States
Canada
Japan
Indonesia
Mongolia
Key people
Chairman: Zhang Gang
Deputy Chairman: Chen Hongkai
Products
Hot pot
Parent
Yum China
Chinese name
Simplified Chinese
小肥羊餐饮连锁有限公司
Traditional Chinese
小肥羊餐飲連鎖有限公司
Transcriptions
Standard Mandarin
Hanyu Pinyin
Xiǎo Féi Yáng Cānyǐn Liánsuǒ Yǒuxiàngōngsī
Website
www.littlesheep.com
Little Sheep Group Limited is a Chinese restaurant company that was founded in 1999 in Baotou, Inner Mongolia. The company specializes in operating hot pot restaurants, condiments, and meat processing.
Little Sheep currently[when?] has over 300 restaurant chains in China, Hong Kong, Taiwan, Macau, the United States, Japan, and Canada. In 2007, Little Sheep was named the most popular Chinese hot pot restaurant by the Chinese Restaurant Association. It was subsequently listed on the Hong Kong Stock Exchange in 2008.[1] It became China's first branded catering enterprise listed in Hong Kong.
Little Sheep posted ¥2 billion in revenues in 2010, which accounted for two percent of dining-out receipts in China.[2]
In 2011, Little Sheep was sold to Yum! Brands Inc, a U.S.-based fast-food franchise conglomerate. Yum agreed to buy Little Sheep for $587 million in May 2011 but the deal was delayed for four months by a Chinese Ministry of Commerce antitrust investigation.[3] Little Sheep was delisted from the Hong Kong Exchange in February 2012.[4] In 2016, Yum! Brands spun off their Chinese operations into Yum China, which includes Little Sheep.[5] Happy Lamb was also a similar hot pot brand founded by the original owner of Little Sheep in 2017.
^"Hong Kong shipowner seeks to re-list". Financeasia.com. Archived from the original on 2008-08-18. Retrieved 2011-12-21.
^Jin, Tony (2011-10-27). "Uncertainty Surfaces Over Yum's Takeover of Little Sheep". Thechinaperspective.com. Archived from the original on 2012-05-12. Retrieved 2011-12-21.
^Guang, Yin (2011-11-08). "China Corporate News: Yum's Little Sheep Takeover Review Cleared". Thechinaperspective.com. Archived from the original on 2011-11-11. Retrieved 2011-12-21.
^Little Sheep is Delisted Today Archived 2020-01-31 at the Wayback Machine (Chinese) Feb 2, 2012
^"Yum! Brands, Inc. (NYSE: YUM) today announced that it has completed the separation of Yum China Holdings, Inc. (“Yum China”) from Yum! Brands, creating two powerful, independent, growth-focused companies."
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