Hu Run Rich List member Lin Lairong joins the shareholder lineup of Xibei Catering Group, adding new strength.

Inner Mongolia Xibe Catering Group Co., Ltd. recently underwent an important business registration change, with well-known entrepreneur Lin Lairong officially becoming its new shareholder. Following this change, the company’s registered capital increased from approximately 102 million RMB to about 104 million RMB, indicating a new development trend for the company.

Public information shows that Inner Mongolia Xibe Catering Group was established in October 2017, with Jia Guolong serving as the legal representative. Its business scope includes catering services, food production, online food sales, and restaurant management. Currently, the company’s shareholder structure includes Beijing Xibe Enterprise Management Co., Ltd., Jia Guolong, and the newly added Lin Lairong, among others.

As the founder of Zhongxing Group and the actual controller of Dazhong Mining, Lin Lairong has broad influence in the business community. In 2025, he ranked on the Hurun Global Rich List for the first time with a wealth of 9.5 billion yuan, becoming a focus of industry attention. His investment in Xibe Catering Group is seen as an important step in his diversified investment strategy.

Industry experts analyze that Lin Lairong’s involvement may bring new resources and development opportunities to Xibe Catering Group, helping the company further expand in the catering market. This business registration change also reflects the active trend of capital operations in the current catering industry, as companies introduce strategic investors to optimize equity structures and enhance market competitiveness.