(SEOUL, INTERNATIONAL NEWS) Reporter Min, Kyeong Chan = A founding ceremony was held on the 8th of this month for YOUA GF CO. LTD., the exclusive partner company in the ROK of KUAIDAO CO. LTD. (ZHONG QING CHUANG), the No. 1 franchise company of China as well as the world.
YOUA GF aims to be a GLOBALLY CONNECTED PLATFORM FOR FRANCHISES and will provide a network of consulting and management services for various ROK franchises in 30 different countries .
In particular, YOUA GF specializes in the Chinese business field and plans to utilize the quick franchise solutions of KUAIDAO CO. LTD. to successfully localize and stabilize franchise launching in China.
KUAIDAO CO. LTD., which holds the Big Data sets of Chinese franchises, is China's top franchise company, and it is expecting to be a bridgehead for the successful global expansion of the ROK’s franchise business.
At a global franchise launch briefing session held on the same day, YOUA GF CO. LTD. revealed that it will provide contracting parties with a franchise platform and marketing infrastructure through cooperation with KUAIDAO CO. LTD. and ZHONG QING CHUANG, help the ROK’s franchise companies launch into the Chinese and global markets, and strive to become the world's largest franchise platform company through utilization of the FINE strategy (franchise distribution, IT, new business, and education)."
YOUA GF CO. LTD. also presented the prospect for the development of IP + Collaborative franchise content, which refers to a collaboration between contents and franchises within the FINE strategy. It also entered into a business agreement on Global Contents IP and Franchise Business with COCOV PLATFORM HOLDINGS (Chairman Kim, Seon-chan), a specialized global platform company, and GLOSFER CO. LTD. (CEO, Kim, Tae-won), a specialized block chain company.
Participants at the agreement ceremony included
Zhang Shi Chang, the founder of China’s KUAIDAO Group and ZHONG QING CHUANG, Maui, a co-CEO of ZHONG QING CHUANG and YOUA GROUP, Shaizing Hu, CEO of YOUA GROUP, Geoffrey Leung, CFO of YOUA GROUP and a former staff member at Rothschild Bank, Jeong Chang-Sup, Chairman of YOUA GF, Kim, Seon-chan, Chairman of COCOV PLATFORM HOLDINGS, Kim Tae Eun, Director of GLOSFER, Kim Young Shik, Vice President of DMC, a listed company at KOSDAQ, Park Kyung-soo, President of Double P Partners, Jo Gwang-je, Chairman of the ROK-China City Friendship Association LTD., Andre Jeong, Chairman of Showbiz Enter Group Co., LTD. and so on.
The agreement specifies the following. YOUA GF CO. LTD. GROUP shall provide the contracting parties with platform construction and infrastructure in China for the ROK’s content IP and franchise business through its parent company YOUA GROUP, KUAIDAO CO. LTD. and ZHONG QING CHUANG. COCOV PLATFORM HOLDINGS shall build a domestic platform for entertainment, content IP, and franchise business to support the launch of Chinese and global companies into the ROK. GLOSFER shall support the overall block chain technology and solutions.
YOUA GF GROUP’s co-CEO, Park Sang Yong, graduated from Tsinghua University in China, completed the specialized Chabis CEO course, and became the team leader of the strategic team of YOUA GF CO. LTD. GROUP. YOUA GROUP’s CFO (Chief Financial Officer), Geoffrey Leung, consulted Alibaba Chairman Marwin throughout the company’s process of being listed on the NYSE during his tenure as the Chief Executive of Rothschild Bank’s Beijing branch.
YOUA GROUP was originally formed under the name of SMART RISUM in 2015 and rapidly developed within three years into a ‘global business making company’ that demonstrated expertise in a variety of areas such as franchising, IT, new technology, entertainment, medical service, AI, and ICO. It boasts partners from not only China but also Hong Kong, Singapore, USA, Japan and so on. YOUA GROUP runs 'Chabis (Business Media Platform)', which trains international students to become professional managers with the aim to draw them into the incubation process for business start-ups. It is also operates in cooperation with ZHONG QING CHUANG in diverse ways.
KUAIDAO CO. LTD. is a company that governs 132,000 franchise stores, 200 franchise brands, 6,300 employees and 32 affiliates in China, specializing in the food, health and beauty industries.