Family Joy Investment has established a new company with a food delivery service business.

According to the Qichacha app, Yantai Jiayue Baking Management Co., Ltd. was recently established, with Li Mei as the legal representative and a registered capital of 500,000 RMB. Its business scope includes catering services, food sales, food internet sales, food production, takeaway delivery services, catering management, supply chain management services, and packaging materials and products sales. Qichacha's equity penetration shows that the company is indirectly controlled by Jiayue Group.