TH International Limited (“Tims China”) (NASDAQ: THCH) is the parent company of the exclusive master franchisee of Tim Hortons coffee shops for Restaurant Brands International Inc. (TSX: QSR) (NYSE: QSR) in China, including Hong Kong and Macau. TH International Limited was founded by Cartesian Capital Group and Tim Hortons Restaurants International, a subsidiary of Restaurant Brands International. Tims China aims to build the premier coffee and bake shop in China.
We opened our first coffee shop in China in February 2019 and have grown dramatically since then, with the aim of opening a profitable network of over 2,750 stores by 2026.
Tims China offers freshly brewed coffee, tea and other beverages, bakery & sides, and sandwiches and is an emerging coffee champion in China. The brand's philosophy is rooted in world-class execution and data-driven decision making and centered on true local relevance, continuous innovation, genuine community, and absolute convenience.