1957 & Co Hospitality

What 1957 & Co Hospitality does

1957 & Co. (Hospitality) Limited is a Hong Kong-based restaurant operation and management group that operates a portfolio of specialty cuisine restaurants across Hong Kong and Macau. Founded in 1957 and listed on the Growth Enterprise Market (GEM) of The Stock Exchange of Hong Kong Limited under stock code 8495 since November 2017, the company underwent a change of control in July–August 2022 when Goldpeas Development Limited — a subsidiary of Aston Marine Limited — acquired a controlling stake and completed a mandatory conditional cash offer for all remaining shares. The group currently operates six active restaurant brands: An Nam (Vietnamese), Gonpachi (Japanese izakaya), Mango Tree (Thai), Modern Shanghai (Shanghainese/Huaiyang), Paper Moon (Italian), and 10 Shanghai (Huaiyang); the Akanoshou teppanyaki/omakase brand has been permanently closed.

The business model is fundamentally a multi-brand, multi-location dine-in operator with ancillary channels. Revenue is generated primarily through food and beverage sales at directly-owned restaurant locations, supplemented by takeaway orders, banquet and catering services ([email protected]), third-party delivery platform commissions (OpenRice, Foodpanda, KeeTa), and an online E-Shop. Three international brands — Mango Tree, Gonpachi, and Paper Moon — are operated under franchise or licensing arrangements, while An Nam, Modern Shanghai, and 10 Shanghai are proprietary brands. Customer acquisition relies on restaurant foot traffic, reservations, walk-ins, third-party delivery platforms, and a tiered loyalty program (Gold, Platinum, Black) accessed via a dedicated mobile app available on iOS and Android; the loyalty program excludes points from banquets of 25+ people, retail purchases, and third-party delivery orders. Restaurants are concentrated in premium shopping malls across Causeway Bay, Tsim Sha Tsui, Kowloon (Elements, Olympian City, Festival Walk, V Walk), and the New Territories (YOHO Mall, East Point City, The LOHAS, The Wai), with Mango Tree additionally operating in Macau.

The company has no disclosed AI, proprietary technology platform, or data assets beyond a standard mobile loyalty application and an e-commerce storefront. Marketing channels consist of Facebook, email, the corporate website, and the loyalty app. Post-2022 governance has been unstable, with multiple board, CEO, CFO, and joint company secretary changes between 2022 and January 2026, and no publicly disclosed revenue, headcount, or unit-economics figures are available in the source data.

Name

1957 & Co Hospitality

Legal name

1957 & Co. (Hospitality) Limited

Website

https://1957.com.hk

Company type

Public

Founded year

1957

Operating status

Operating

Headcount range

251–500 employees

Short description

1957 & Co. (Hospitality) Limited is a Hong Kong-based, GEM-listed (HKEX 8495) restaurant group operating six specialty cuisine brands across Hong Kong and Macau, serving consumer diners through directly-operated mall locations, third-party delivery platforms, and a tiered loyalty program.

Ownership category

akta.pro rank

Product category

Restaurant Operations and Hospitality Services

NAICS

Full-Service Restaurants (722511)

SIC

Retail-Eating Places (5812), Retail-Eating & Drinking Places (5810)

akta.pro primary industry

Asian Fast Casual (Pan-Asian, Chinese, Japanese, Thai, Korean) (THAFABAE)

akta.pro secondary industry

Venue & Banquet Hall Catering (THAFAIAC)

Keywords

• Restaurant operations
• Specialty dining brands
• Asian cuisine restaurants
• Restaurant loyalty program
• Franchised hospitality brands

Headquarters

HQ city

Causeway Bay

HQ country

Hong Kong SAR China

HQ region

Asia

Offices13 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Supply Chain, Marketing or Sales, Infrastructure, Others

Revenue model

1. Restaurant Dining Services: Revenue is generated primarily from food and beverage sales at owned restaurant locations. The group operates multiple restaurant brands across Hong Kong, generating revenue through dine-in services, direct takeaway orders, and banquet services. Points earning is excluded for third-party delivery services (OpenRice, Foodpanda, KeeTa).

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels4 records

Core offering

1957 & Co. (Hospitality) Limited is a Hong Kong-based restaurant operation and management group that operates and franchises a portfolio of specialty-cuisine restaurants across Hong Kong and Macau, including An Nam (Vietnamese), Gonpachi (Japanese izakaya), Mango Tree (Thai), Modern Shanghai (Shanghainese/Huaiyang), Paper Moon (Italian), and 10 Shanghai (Huaiyang). The group generates revenue primarily through dine-in food and beverage sales, takeaway, banquet and catering services, and an online e-shop, and operates a tiered membership loyalty program (Gold, Platinum, Black) accessible via a dedicated mobile app.

Product overview

1957 & Co. (Hospitality) Limited is a Hong Kong-based restaurant operation and management group offering a portfolio of 7+ restaurant brands across various Asian and Western cuisines. The group operates specialty restaurants including An Nam (Vietnamese), Gonpachi (Japanese), Mango Tree (Thai), Modern Shanghai (Shanghainese), Paper Moon (Italian), and 10 Shanghai (Huaiyang). The company also provides an E-Shop for online retail and a Membership App loyalty program with Gold, Platinum, and Black tiers for customer engagement across participating restaurant outlets.

Differentiator

Problem solved

Functional benefit

Brands

• Gonpachi: Franchised Japanese izakaya brand offering hand-made buckwheat soba noodles and kushi-style skewers.
• An Nam
• Mango Tree
• Modern Shanghai
• Paper Moon
• 10 Shanghai
• Akanoshou

Products and services

• An Nam (安南) Upscale Vietnamese cuisine restaurant featuring Hue-style cooking techniques and Vietnamese colonial-style interiors. Operates at Lee Garden Two, Causeway Bay.
• Gonpachi (权八) Franchised Japanese izakaya restaurant offering hand-made buckwheat soba noodles and kushi-style skewers, located at Lee Garden Two (Causeway Bay) and One Peking (Tsim Sha Tsui).
• Mango Tree (芒果树) Franchised Thai restaurant brand serving authentic Thai dishes with sweet, sour, and spicy profiles, located at Elements mall, Kowloon.
• Modern Shanghai (家上海) Contemporary Shanghainese and Huaiyang cuisine restaurant designed for family and friend gatherings, with seven locations across Hong Kong including Yuen Long, Tai Kok Tsui, Tseung Kwan O, Tai Wai, Kowloon Tong, and Sham Shui Po.
• Paper Moon Italian cuisine restaurant originating from Milan, serving homemade pasta and premium steaks, located at Ocean Terminal, Harbour City, Tsim Sha Tsui.
• 10 Shanghai (十里洋场) Huaiyang cuisine restaurant evoking Shanghai's golden era with Chinoiserie decor, located at Lee Garden Three, Causeway Bay.
• 1957 & Co. Membership Program (Gold, Platinum, Black tiers) Mobile loyalty program with free Gold tier (HK$3=1 point), mid-tier Platinum (HK$30,000/year qualifying spend, HK$2=1 point, HK$500 dining coupon reward), and premium Black tier (HK$70,000/year qualifying spend, HK$1=1 point, HK$1,000 dining coupon reward); available via iOS/Android app.
• 1957 & Co. E-Shop Online retail platform operated by the restaurant group for online sales of products to consumers.
• Catering & Private Events / Banquet Services Banquet and private event catering services offered across participating restaurants for groups of 25 or more, contracted via the [email protected] channel.

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Four partnerships are on record, tiered core and minor.

• Mango TreecoreOEM/ Whitelabel/ Licensing PartnerMango Tree is a franchised Thai brand operated by 1957 & Co. The brand features authentic and sophisticated Thai dishes with sweet, sour, and spicy flavors. Mango Tree locations are designed to provide authentic Thai cultural atmosphere through interior design.
• GonpachicoreOEM/ Whitelabel/ Licensing PartnerGonpachi is a franchised Japanese cuisine brand named after a main character of Kabuki (traditional Japanese theatre). The brand offers hand-made buckwheat soba noodles and 'kushi' style skewers in a Japanese izakaya environment.
• Paper MooncoreOEM/ Whitelabel/ Licensing PartnerPaper Moon is an Italian cuisine brand that originated from a restaurant operating in Milan, Italy. The brand serves homey recipes with genuine Italian tastes in a vibrant and contemporary setting.
• 10 ShanghaiminorOEM/ Whitelabel/ Licensing Partner10 Shanghai is the group's own brand presenting exquisite Huaiyang cuisine that brings forth the original flavors of the ingredients. The elegant setting evokes the grandeur of Shanghai's golden era.

Scale indicators2 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• Black Sheep Restaurants: Hong Kong-based independent restaurant group operating a portfolio of premium dining concepts across cuisines. Comparable as a multi-brand Hong Kong restaurant operator focused on design-led, cuisine-diverse concepts in premium locations.
• Fairwood Fast Food Limited: Hong Kong-listed (HKEX: 52) multi-brand fast-casual operator with deep mall and street presence across the city. Comparable as a Hong Kong multi-brand restaurant operator with diversified cuisine offerings and a public-company disclosure profile.
• Café de Coral Holdings Limited: Hong Kong-listed (HKEX: 341) multi-brand restaurant operator running casual dining and fast-food concepts across the city. Directly comparable as a Hong Kong-headquartered, multi-brand F&B group serving mass-market through premium segments, though much larger in scale and on the Main Board rather than GEM.
• Aqua Restaurant Group: Hong Kong-based multi-brand restaurant and hospitality operator behind concepts including Aqua, Hutong, and dim sum brands. Comparable in operating multiple Hong Kong premium restaurants across distinct cuisines with a focus on design and experience.
• Maxim's Caterers Limited: One of Hong Kong's largest restaurant and catering groups, operating a portfolio of in-house and franchised brands across Asian and Western cuisines. Comparable in multi-brand restaurant operations, franchise/licensing mix, and HK mall-centric footprint, though privately held and significantly larger.
• Dining Concepts Holdings Limited: Hong Kong GEM-listed (HKEX: 8059) multi-brand restaurant operator running upscale and casual concepts. Closest peer by listing tier, scale, and multi-brand Hong Kong restaurant portfolio; both groups share the small-cap GEM status and similar restaurant brand diversification strategy.
• JIA Group Holdings Limited: Hong Kong-listed (HKEX: 8519) multi-brand restaurant and hospitality group operating upscale dining concepts. Comparable as a Hong Kong multi-brand restaurant operator with similar scale and public-company structure.

Broad incumbents

• Jollibee Foods Corporation: Philippine-listed multi-brand restaurant conglomerate with international operations across QSR, casual dining, and premium concepts. Comparable as a multi-brand Asian restaurant operator pursuing both owned and franchise models, though much larger and predominantly QSR-focused.
• Minor International Public Company Limited: Thai-listed conglomerate operating multi-brand restaurant, hospitality, and lifestyle businesses across Asia. Comparable as a multi-brand restaurant operator with franchised and owned concepts in Asia, though much broader scope including hotels and lifestyle.
• Yum China Holdings, Inc. NYSE-listed (YUMC) operator of KFC, Pizza Hut, and Taco Bell across China. Comparable as a large multi-brand restaurant operator in the Greater China region, but vastly larger scale, full-service plus QSR mix, and primarily Mainland China rather than Hong Kong focused.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/pages/1957-Co/160748677328503
• LinkedInlinkedin.com/company/1957-co

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about 1957 & Co Hospitality