Why did McDonald's change its name?

McDonald's changed its name to Golden Arch because its symbol, Golden Arch, has a famous nickname in the west, which literally translates as "Golden Arch", so McDonald's changed its literal translation.

Business scope of McDonald's:

Golden Arch (China) Co., Ltd. was established on February 7, 1993. The legal representative is Zhang Jiaxin Phyllis, and the business scope of the company includes:

1. Invest in areas where foreign investment is allowed by the state according to law;

2. Provide the following services to the enterprises invested by them, their related parties and franchisees:

(1) Assist or represent the enterprises invested by them, their related parties and franchisees to purchase raw materials and spare parts for their own use, such as machinery and equipment, office equipment, vehicles, production and maintenance equipment, and sell the products produced by the enterprises invested by them, their related parties and franchisees at home and abroad, and provide after-sales service;

(2) Balance the foreign exchange between the invested enterprise and its related parties with the consent and supervision of the foreign exchange administration department;

Extended data:

Enterprise events:

On August 8, 20 17, McDonald's (NYSE: MCD) announced its cooperation with CITIC (00267. HK), CITIC Capital and Carlyle Investment Group formally completed the acquisition of McDonald's business in China.

After the acquisition, CITIC and CITIC Capital will hold 52% of the controlling shares of the new company, while Carlyle and McDonald's (Global) will hold 28% and 20% of the shares respectively.

2065438+20071October 9, the joint statement of CITIC, Carlyle Investment Group and McDonald's showed that the highest purchase price at that time was $2.08 billion (about139.7 billion yuan), and the purchase consideration would be partially settled in cash, and some new shares would be issued to McDonald's.

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