Yonghe King is a well-known Chinese-style fast food chain that specializes in breakfast items, meal sets with noodles or rice, and desserts. Established in 1995 in Shanghai by Taiwanese investors, it has grown to have branches throughout China. In 2004, it was acquired by Jollibee Foods Corporation, a major Philippine fast food conglomerate. Yonghe King is famous for its soya milk prepared on-site using non-GMO soybeans and has been expanding rapidly with plans to reach 1,000 stores in the coming years.