Exhibit 21.1
List of Significant Subsidiaries
Significant Subsidiaries | Place of Incorporation |
TH Hong Kong International Limited | Hong Kong |
Tim Hortons (China) Holdings Co. Ltd. | PRC |
Tim Hortons (Shanghai) Food and Beverage Management Co., Ltd. | PRC |
Tim Hortons (Beijing) Food and Beverage Services Co., Ltd. | PRC |
Tim Hortons (Shenzhen) Food and Beverage Co., Ltd. | PRC |
Tims Coffee (Shenzhen) Co., Ltd. | PRC |
Shanghai Donuts Enterprise Management Co., Ltd. | PRC |