TH International Ltd
Close on Oct 19, 2026
About TH International
Retail-Eating Places, SIC 5812
TH International Limited operates as a holding company that develops and manages restaurant and coffee shop franchises in mainland China. Through its operating subsidiaries, the company primarily operates the Tim Hortons coffee shop chain, known as Tims China, offering freshly brewed coffee, specialty beverages, donuts, pastries, and other food items. Its customer base consists of retail consumers seeking coffee, breakfast, and casual dining experiences across mainland China.
The company conducts its operations across mainland China through store networks consisting of company-owned outlets and franchised locations. Corporate executive offices and management facilities are headquartered in Shanghai, People's Republic of China, with the overarching entity incorporated in the Cayman Islands.
Summary of the business section of TH International's latest annual report, written by StockData.
Company profile
Company
- Legal name
- TH International Ltd
- Headquarters
- New York, NY
- Address
- C/O Cartesian Capital Group Llc, 505 5th Avenue, 15th Floor 10017
- Phone
- (1) 917 294 1353
- Employees
- 1,544, Dec 31, 2025
- Industry
- Retail-Eating Places
- Incorporated in
- E9
- Fiscal year ends
- December 31
- Auditor
- KPMG Huazhen LLP, Shanghai, China
Stock & identifiers
- Ticker
- THCH
- Exchange
- Nasdaq
- Shares outstanding
- 33M, Dec 31, 2025
- Filer category
- Non-accelerated filer<br>Emerging growth company
- Stock splits
- 1-for-5 reverse, May 15, 2025; 1-for-5 reverse, Jan 13, 2025
- SEC CIK
- 1877333
- EIN
- 00-0000000
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Yongchen Lu | Chief Executive Officer, Director | 315,661 |
| Dong Li | CFO | 1,000 |
| Suarez Lucas Alperi | Director | – |
| Gregory R. Armstrong | Director | – |
| Peter Michael Yu | Director | 16,153,040 |
| Ho Cheung | Director | 139,887 |
| Santelmo Thiago Temer | Director | – |
| Paul Seungpyo Hong | Director | – |
| De Oliveira Rafael Odorizzi | Director | – |
| Haibing Wu | Director | – |
Employees
Headcount reported in annual reports
“had 1,544 full-time employees and 36 part-time employees.”
Corporate history
Events identified from SEC filings
| Date | Event | Details |
|---|---|---|
| Apr 30, 2025 | Late filing | Notification of late filing |
| Jun 26, 2023 | Delisting | Notice of delisting from exchange (Form 25) |
| May 12, 2023 | Merger | Registration of securities for a merger or exchange offer (S-4) |
| Sep 28, 2022 | Listing | Registration of securities on an exchange (Form 8-A) |
| Sep 23, 2021 | Merger | Registration of securities for a merger or exchange offer (S-4) |