[China, Shanghai] Shanghai's first Chinese-produced Wagyu steak restaurant to grand open on April 26, 2026!

Omigyu Trading Company Pte. Ltd. (Headquarters: Singapore), a wholly-owned subsidiary of Sogo Omi Beef Trading Co., Ltd. (Headquarters: Moriyama City, Shiga Prefecture / Representative Director: Tatsuhiro Nishino), has grand opened its first Chinese-produced Wagyu steak restaurant in Shanghai, China, on April 26, 2026, through Shanghai Xidaju Restaurant Management Co., Ltd., a joint venture established with the Chinese company Shanghai Yushen Investment Co., Ltd. ■ Background of Opening The People's Republic of China, as one of the world's largest consumer markets, is seeing an expansion of middle and affluent classes, primarily in urban areas, leading to a rapid increase in demand for dining experiences that emphasize safety, quality, and brand story. Shanghai, in particular, is a leading Chinese city where Japanese cuisine and high-value dining establishments are concentrated, and there is extremely high interest in high-quality beef, including Wagyu. On the other hand, a market characteristic in China is that the import of Japanese-produced Wagyu is not officially permitted. Considering this environment, our group is building a new business model that utilizes Wagyu produced within China (Chinese-produced Wagyu) while optimizing for the local market: ・Japanese-style quality control ・Brand philosophy ・Value proposition ■ Overview of Shanghai Store No. 1 April 26, 2026 691 Jianguo West Road, Tianping Road Subdistrict, Xuhui District, Shanghai, People's Republic of China (Approx. 531m walk from Exit 1 of Hengshan Road Station on Subway Line 1) Popular Wagyu Steak Specialty Restaurant ■ Business Development by Joint Venture This restaurant will be operated by the following joint venture company: Shanghai Xidaju Restaurant Management Co., Ltd. ・Omigyu Trading Company Pte. Ltd. (100% subsidiary of Sogo Omi Beef Trading Co., Ltd.) ・Shanghai Yushen Investment Co., Ltd. April 25, 2025 Shanghai, People's Republic of China Food service business, restaurant operation This joint venture was established with the aim of integrating the expertise and business foundations of both companies to develop a dining brand suitable for the Chinese market. ■ Future Development Under the philosophy of 'Enriching the world through Omi beef,' the Sogo Omi Beef Trading Co., Ltd. Group is promoting an overseas strategy based in Singapore, currently expanding into 7 countries worldwide, with multiple new store projects underway. Starting with the Shanghai store, we will promote multi-store expansion and brand building within China and further accelerate global expansion. Company Information Company Name: Sogo Omi Beef Trading Co., Ltd. Representative Director: Tatsuhiro Nishino Headquarters: 1-4-14 Moriyama, Moriyama City, Shiga Prefecture 524-0022 Business Activities: Food service business, franchise business, meat wholesale/processing business, export business, prepared food business Online Store: https://www.omigyu-store.jp/ Website: https://omigyucorp.co.jp/ Instagram: https://www.instagram.com/yakiniku.sudaku.official/ X: https://twitter.com/sudaku0118/ Youtube: https://www.youtube.com/@Wagyuacademy Company Name: OMIGYU TRADING SINGAPORE PTE. LTD. Location: Singapore Business Activities: Overall management of overseas business, investment, food import, and food service business