THCH supply chain intelligence for TH International Limited: verified suppliers, customers, debt relationships, acquisitions, and ownership data.
Data compiled by Redley Lamar · ChainSifter Intelligence
TH International Limited (THCH) is shown with relationship data already present in ChainSifter's database. Counts below come from stored supply-chain records and filing/source URLs where available; missing source URLs are not filled in or estimated.
| Ticker | Name | Confidence | Evidence |
|---|---|---|---|
| RETAIL-PARTNERS | RETAIL-PARTNERS | 85% | Our PRC Subsidiaries also rely on third-party delivery services and retail partners to deliver our products to customers |
| DATACO | DATACO | 80% | under the Business Cooperation Agreements entered into by Tim Hortons China with DataCo, DataCo is obligated to use, and require its subcontractors to use, reasonable efforts to maintain procedures d… |
| BVC | BitVentures Limited | 72% | Reciprocal relationship from BVC graph: Reciprocal relationship from THCH graph: Reciprocal relationship from BVC graph: Reciprocal relationship from THCH graph: Reciprocal relationship from BVC grap… |
| HIND | Vyome Holdings, Inc. | 72% | Reciprocal relationship from HIND graph: Reciprocal relationship from THCH graph: Reciprocal relationship from HIND graph: Reciprocal relationship from THCH graph: Reciprocal relationship from HIND g… |
| MORN | Morningstar, Inc. | 72% | Reciprocal relationship from MORN graph: Reciprocal relationship from THCH graph: Reciprocal relationship from MORN graph: tory requirements under Regulation (EC) No 1060/2009, as amended. These requ… |
| QSR | Restaurant Brands International Inc. | 72% | t from Shaolin Capital Management LLC (“Shaolin”). Before issuance of ordinary Shares to ESA Investors and receipt of subscription price of US$ , the Company made payment of US$ in cash as deposits t… |
| QSR | Restaurant Brands International Inc. | 72% | Reciprocal relationship from QSR graph: egment $ 3,841 $ 4,118 BK segment 240 232 PLK segment 844 844 FHS segment 193 193 INTL segment 377 388 RH segment 491 — Total $ 5,986 $ 5,775 Amortization expe… |
| RSTRF | Restaurant Brands International Limited Partnership | 72% | Reciprocal relationship from RSTRF graph: egment $ 3,841 $ 4,118 BK segment 240 232 PLK segment 844 844 FHS segment 193 193 INTL segment 377 388 RH segment 491 — Total $ 5,986 $ 5,775 Amortization ex… |
| VINP | Vinci Compass Investments Ltd. | 72% | Reciprocal relationship from VINP graph: also has the Third-Party Distribution business, with its largest market being Chile. The Chilean third-party fund distribution market is highly competitive. I… |
| YB | Yuanbao Inc. | 72% | Reciprocal relationship from YB graph: Reciprocal relationship from THCH graph: Reciprocal relationship from YB graph: Reciprocal relationship from THCH graph: Reciprocal relationship from YB graph: … |
| Ticker | Name | Confidence | Evidence |
|---|---|---|---|
| SUB-FRANCHISEES | SUB-FRANCHISEES | 92% | Under these franchise agreements, Tim Hortons China will receive monthly payments from the sub-franchisees, which are a percentage of the sub-franchised restaurant’s gross sales |
| CARTESIAN-CAPITAL-GROUP-LLC | CARTESIAN-CAPITAL-GROUP-LLC | 85% | PAC Pte. Ltd. (“PLK”) to acquire 100 % of the outstanding shares of PLKC International Limited (“Popeyes China”) from Holdings IV ( 90 %) and PLK ( 10 %), which are related parties of the Company as … |
| PLKC-HK-INTERNATIONAL-LIMITED | PLKC-HK-INTERNATIONAL-LIMITED | 85% | PAC Pte. Ltd. (“PLK”) to acquire 100 % of the outstanding shares of PLKC International Limited (“Popeyes China”) from Holdings IV ( 90 %) and PLK ( 10 %), which are related parties of the Company as … |
| MORN | Morningstar, Inc. | 72% | Reciprocal relationship from MORN graph: Reciprocal relationship from THCH graph: Reciprocal relationship from MORN graph: Reciprocal relationship from THCH graph: Reciprocal relationship from MORN g… |
| QSR | Restaurant Brands International Inc. | 72% | eferred Contingent Consideration is in the scope of ASC480 since the instrument embodies an unconditional obligation that the Company must settle by issuing a variable number of its equity shares and… |
| QSR | Restaurant Brands International Inc. | 72% | Reciprocal relationship from QSR graph: Reciprocal relationship from THCH graph: eferred Contingent Consideration is in the scope of ASC480 since the instrument embodies an unconditional obligation t… |
| ALIBABA-GROUP | ALIBABA-GROUP | 62% | promotional spending, which may adversely impact our gross margins. If we are unable to maintain or increase prices for our products or must increase promotional activity, our margins could be advers… |
| BABA | Alibaba Group Holding Limited | 62% | Reciprocal relationship from BABA graph: Reciprocal relationship from THCH graph: Reciprocal relationship from BABA graph: Reciprocal relationship from THCH graph: Reciprocal relationship from BABA g… |
| BEVERAGE-MANAGEMENT-CO-LTD | BEVERAGE-MANAGEMENT-CO-LTD | 62% | cluding those listed under “Item 3. Key Information-D. Risk Factors,” that may cause our actual results, performance or achievements to be materially different from those expressed or implied by the … |
| INTERNATIONAL-GMBH | INTERNATIONAL-GMBH | 62% | International GmbH (“THRI”), a subsidiary of RBI, dated August 13, 2021, as amended (the “A&R MDA”), the monthly royalty rate for stores owned and operated by our PRC Subsidiaries (the “company owned… |
| PAC-PTE-LTD | PAC-PTE-LTD | 62% | PAC Pte. Ltd. (“PLK”) to acquire 100 % of the outstanding shares of PLKC International Limited (“Popeyes China”) from Holdings IV ( 90 %) and PLK ( 10 %), which are related parties of the Company as … |
| PLKC-INTERNATIONAL-LIMITED | PLKC-INTERNATIONAL-LIMITED | 62% | PAC Pte. Ltd. (“PLK”) to acquire 100 % of the outstanding shares of PLKC International Limited (“Popeyes China”) from Holdings IV ( 90 %) and PLK ( 10 %), which are related parties of the Company as … |
| TH-HONG-KONG-INTERNATIONAL-LIMITED | TH-HONG-KONG-INTERNATIONAL-LIMITED | 62% | r equity financing in the future to cover our costs and expenses. However, we may be unable to obtain additional capital in a timely manner or on commercially acceptable terms, or at all. We will req… |
| TIM-HORTONS-RESTAURANTS-INTERNATIONAL-GMBH | TIM-HORTONS-RESTAURANTS-INTERNATIONAL-GMBH | 62% | U.S. will be limited and additional costs may be required.” 6 Risks Related to THIL’s Business and Industry We have a limited operating history in China, which makes it difficult to predict our busin… |
| Instrument | Description | Confidence | Evidence |
|---|---|---|---|
| THCH-DEBT-12975 | Xbrl Convertible | 90% | xbrl convertible detail from xbrl 2025-12-31. |
| THCH-DEBT | Debt stack $16.1M | 90% | Market cache reports total debt of $16.1M. |
| THCH-DEBT-12974 | Warrants outstanding: 57.5 | 90% | xbrl warrant detail from xbrl 2023-12-31. |
| Ticker | Name | Chain Index | Hops | Relationship Types |
|---|---|---|---|---|
| BVC | BitVentures Limited | 100.00 | 1 | ['supplier'] |
| ARES | Ares Management Corporation | 100.00 | 2 | |
| BABA | Alibaba Group Holding Limited | 100.00 | 1 | ['customer'] |
| FMX | Fomento Económico Mexicano, S.A.B. de C.V. | 100.00 | 2 | |
| RSTRF | Restaurant Brands International Limited Partnership | 100.00 | 1 | ['supplier'] |
| HIND | Vyome Holdings, Inc. | 100.00 | 1 | ['supplier'] |
| QSR | Restaurant Brands International Inc. | 100.00 | 1 | ['customer', 'supplier'] |
| SUZ | Suzano S.A. | 100.00 | 2 | |
| MORN | Morningstar, Inc. | 100.00 | 1 | ['customer', 'supplier'] |
| OI | O-I Glass, Inc. | 100.00 | 2 | |
| VINP | Vinci Compass Investments Ltd. | 100.00 | 1 | ['supplier'] |
| FISI | Financial Institutions, Inc. | 100.00 | 2 | |
| YB | Yuanbao Inc. | 100.00 | 1 | ['supplier'] |
| KOF | Coca-Cola FEMSA, S.A.B. de C.V. | 100.00 | 2 | |
| BSBR | Banco Santander (Brasil) S.A. | 100.00 | 2 | |
| BBDO | Banco Bradesco S.A. | 100.00 | 2 | |
| BLSH | Bullish | 50.00 | 2 | |
| OPENAI | OPENAI | 50.00 | 2 | |
| BULL | Webull Corporation | 50.00 | 2 | |
| BABAF | Alibaba Group Holding Limited | 50.00 | 2 |