# Fujian Yonghui Group Co.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/fujian-yonghui-group-co

- Industry: Retail
- Headquarters: Fuzhou, China
- Website: www.yonghui.com.cn
- Total disclosed funding: $38M
- Latest round: Series A (Jun 15, 2007)
- Investors on record: 1

## About

Established in 2001 and based in Fuzhou, China, Fujian Yonghui Group Co., Ltd. operates as a fresh food retail chain brand that mainly ptovides fresh produce and other products. It has 786 stores in 443 cities in 29 provinces across the country. In  December 2010, Yonghui was listed on the Shanghai Stock Exchange. In May 2018, new investor Sinovation Ventures led a CNY 37.5 million PIPE funding for Fujian Yonghui Group Co., Ltd. 

The company mainly provides various types of fresh food for online and offline users. The products provided include fresh and processed products, seafood, agricultural and sideline products, table food, and private label products. It not only provides offline store retail services, but also provides online shopping services through Yonghui Life app and e-commerce platforms. Users can shop through mobile user terminals or offline stores. The main service groups are housewives and office workers.

The company generates revenue by providing various types of fresh food for online and offline users.

## Funding rounds

- Series A, Jun 15, 2007, $38M — HPEF Capital Partners

## Investors

- HPEF Capital Partners (https://capitalatlas.ai/funds/hpef-capital-partners) — Series A