THCH

TH International Limited (NASDAQ:THCH) is a Chinese restaurant franchise operator that brings the iconic Canadian coffee chain Tim Hortons to mainland China, Hong Kong, and Macau. Founded in 2018 and headquartered in Shanghai, the company went public on NASDAQ in March 2021. As a subsidiary of Tim Hortons Inc., THCH operates as the exclusive master franchisee for the Tim Hortons brand across Greater China, adapting the beloved Canadian coffee and food concept for Chinese consumers. The company has grown rapidly since its inception, expanding from a startup to operating over 900 stores across 60+ cities in China by 2023, while also introducing the Popeyes Louisiana Kitchen brand to the Chinese market.