11:08 AM EDT, 10/08/2024 (MT Newswires) -- Yoshiharu Global ( YOSH ) said Tuesday that it has signed a memorandum of understanding with Xing Sheng Group to open a new flagship Yoshiharu restaurant in Shenyang, China.

Xing Sheng's real estate division, Shenyang Yongsheng, is currently building China's largest water park and the collaboration will allow Yoshiharu to open a location within the water park, the company said.

Shares of Yoshiharu Global ( YOSH ) fell past 4% in recent trading activity.

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