Founded in 1998, Shanghai Wang Bao He Co., Ltd. now owns Grand Central Hotel Shanghai (five star), Central Hotel Shanghai (four star), Wang Bao He Restaurant (a time-honored brand) . The company not only owns Wang Bao He, a time-honored brand established in 1774, but also boasts a prestigious downtown location. Over the course of its development, the company has enjoyed high reputation among guests from home and abroad owing to its professional management and considerate services. With growing popularity and influence, it is more than an economic success, but a social icon known for its emblematic “King Crab” and “Wine Forefather” as well as the featured “Harmony” and “First-class Service” in its operation and management.