ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

Tims China Joins ESG Global Leaders Summit

SHANGHAI, Oct. 17, 2024 (GLOBE NEWSWIRE) -- TH International Limited (NASDAQ THCH), the exclusive operator of Tim Hortons coffee shops in China (“Tims China” or the “Company”) participated in the Fourth ESG Global Leaders Summit in Shanghai this week.

Tims China was the coffee sponsor of the conference, showcasing its innovations in the sustainable consumer sector in China.

Yongchen Lu, CEO of Tims China, took part in a panel discussion titled "Consensus on New Green Consumption Concepts."

Caption- From left to right the thematic panel, Yongchen Lu during the panel discussion, Tims China coffee booth, guests in line for Tims China coffee

(From left to right: the thematic panel, Yongchen Lu during the panel discussion, Tims China coffee booth, guests in line for Tims China coffee)

Yongchen commented “Tims China is consistently and keenly focused on sustainable development. From recyclable coffee cups and packaging materials to the use of coffee grounds and pre-used decorating materials in our stores, Tims China is at the forefront of rethinking retail. The health and wellbeing of our guests, employees, and the broader public is central to our operations every day.”

Continued Yongchen: “We recently opened a ‘Green Environmental Experiment Store’ in Shenzhen, themed around the recycling of coffee grounds. The primary materials used in the store include eco-friendly panels made from a mix of straw and coffee grounds, and much of the furniture has been constructed with sustainable materials made of coffee grounds. Explorations like our green store in Shenzhen underpin our conviction that we, as aspiring ESG leaders, should set a high bar for sustainable development.”

Caption-Tims China’s First Green Environmental Experiment Store

(Tims China’s First Green Environmental Experiment Store)

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 mainland China, Hong Kong, and Macau. Tims China was founded by Cartesian Capital Group and Tim Hortons Restaurants International, a subsidiary of Restaurant Brands International (TSX: QSR) (NYSE: QSR).

The company’s philosophy is rooted in world-class execution and data-driven decision making and centered around true local relevance, continuous innovation, genuine community, and absolute convenience. For more information, please visit https://www.timschina.com.

Contacts

Investor Relations
IR@timschina.com or Gemma.Bakx@cartesiangroup.com

Public Relations
patty.yu@timschina.com

Follow @TimHortonsChina

Photos accompanying this announcement are available at:
https://www.globenewswire.com/NewsRoom/AttachmentNg/bb0c20a1-b2be-4d2b-b63b-da74a993d4dd

https://www.globenewswire.com/NewsRoom/AttachmentNg/b6691b16-dcdc-45c9-90e0-cb451f36ceff


Primary Logo

Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.