In July 2007, Shenyang Li Tao Bread Co., Ltd. was established with a share capital of 53.66 million yuan.
In June 2009, the company increased its capital and shares, and its share capital increased to 849,993,806,770 yuan. At the same time, the company acquired Shanghai Li Tao Food Co., Ltd., Shaanxi Gude Food Co., Ltd., xi 'an Li Tao Food Co., Ltd., Jinzhou Li Tao Food Co., Ltd., Harbin Li Tao Food Co., Ltd., Dalian Li Tao Food Co., Ltd., Chengdu Li Tao Food Co., Ltd. and Shijiazhuang Li Tao Food Co., Ltd.
From June 5438 to February 2009, the company implemented equity incentives for employees, and the registered capital increased to 88.26 million yuan.