It is registered in the Cayman Islands for a certain reason, because this place is a very famous offshore financial center in the world, and most importantly, it is called a tax haven by many people. I believe many people understand this. Haidilao chooses to register in Cayman Islands, which not only does not need to pay taxes, but also has no foreign exchange control. In fact, many enterprises in China are registered here. Zhang Yong, the major shareholder of Haidilao, immigrated to Singapore with his family a long time ago. Zhang Yong immigrated to Singapore as the actual controller for a certain reason, because Singapore's tax revenue is very low, and Singapore's economy is developed, the degree of urbanization is high, and the language and cultural environment is similar to that of China, so very rich people choose to immigrate to Singapore.