Quanjude said to be planning restructuring

China Quanjude Group, a State-owned restaurant chain that has been serving traditional Peking roast duck since 1864, is reported to be planning corporate restructuring, which could include a potential changing of its name to "China Beijing first meal".

According to a report in Chinanews.com, quoting staff in the company's legal department, the name-change is not imminent, but discussions have been held by senior executives.

Shi Bingfeng, board secretary of the listed company, was quoted as saying the reorganization plan is yet to be finalized.