Tims China Announces Participation in Three Investor Conferences

Rhea-AI Summary

TH International Limited (Nasdaq: THCH), the exclusive operator of Tim Hortons in China, announced participation in three investor conferences in March 2023. On March 13, it will hold virtual meetings at Loop Capital’s Annual Investor Conference. The following day, Tims China will engage in a fireside chat at the Bank of America Consumer & Retail Technology Conference and host meetings with institutional investors. On March 15, another fireside chat will occur at the UBS Global Consumer and Retail Conference. By the end of 2022, Tims China operated over 600 stores and aims to reach 1,000 stores by the end of 2023.

Positive

• Participation in three investor conferences in March 2023.
• Plans to grow from over 600 stores to 1,000 stores by the end of 2023.

Negative

• None.

SHANGHAI, China and NEW YORK, March 02, 2023 (GLOBE NEWSWIRE) -- TH International Limited (Nasdaq: THCH), the exclusive operator of Tim Hortons coffee shops in China (“Tims China” or the “Company”) today announced that it will participate in three investor conferences this month.

• On Monday, March 13th, the Company will hold virtual meetings with institutional investors at Loop Capital’s Annual Investor Conference.
  
• On Tuesday, March 14th, Tims China will host a fireside chat at the Bank of America Consumer & Retail Technology Conference in Miami Beach beginning at 10:30 a.m. Eastern Time. It will be webcast and made available on the Investor Relations website at https://ir.timschina.com under “Events and Presentations”. Tims China will also meet with institutional investors throughout the day.
  
• On Wednesday, March 15th, the Company will host a fireside chat at the UBS Global Consumer and Retail Conference in New York City beginning at 3:00 p.m. Eastern Time. Tims China will also meet with institutional investors throughout the day.
  

As of the end of 2022, Tims China had more than 600 stores across China, and expects to have 1,000 stores by the end of 2023.

About TH International Limited

TH International Limited (Nasdaq: THCH) (“Tims China”) is the parent company of the exclusive master franchisee of Tim Hortons coffee shops in China, including Hong Kong and Macau. TH International Limited was founded by Cartesian Capital Group and Tim Hortons Restaurants International, a subsidiary of Restaurant Brands International (TSX: QSR) (NYSE: QSR).

Tims China offers freshly brewed coffee, tea and other beverages, bakery & sides, and sandwiches and is an emerging coffee champion in China. The brand’s philosophy is rooted in world-class execution and data-driven decision making and centered on true local relevance, continuous innovation, genuine community, and absolute convenience. For more information, please visit https://ir.timschina.com/.

Contacts

Investor Relations
Tims China Investor Relations:
IR@timschina.com

ICR, LLC
TimsChinaIR@icrinc.com

Public Relations
ICR, LLC
TimsChinaPR@icrinc.com

Follow @TimHortonsChina

FAQ

What investor conferences will TH International Limited participate in March 2023?

TH International Limited will participate in Loop Capital’s Annual Investor Conference on March 13, the Bank of America Consumer & Retail Technology Conference on March 14, and the UBS Global Consumer and Retail Conference on March 15.

How many stores does TH International Limited operate in China?

As of the end of 2022, TH International Limited operated more than 600 stores in China.

What is TH International Limited's growth target for 2023?

TH International Limited aims to increase its store count to 1,000 by the end of 2023.

What is the stock symbol for TH International Limited?

The stock symbol for TH International Limited is THCH.

Where can I find more information about TH International Limited?

More information can be found on their Investor Relations website at https://ir.timschina.com.