Chinese hot pot restaurant chain Haidilao has announced audited financial results for the year ended December 31, 2021.
Chinese hot pot restaurant chain Haidilao announced on Tuesday that its Deputy CEO and COO Yang Lijuan has now been named the new CEO.
Popular Chinese hot pot restaurant chain Haidilao has reportedly been privately labelling customers within their member system, recording customers' physical characteristics and individual needs.
Haidilao, a Chinese hot pot chain, announced Monday that it foresees a net loss of about 3.8 billion yuan ($600 million) to 4.5 billion yuan as of Dec. 31, 2021.
The stock price of China’s most popular hotpot chain Haidilao came to a low this week with the company's market value plunging over 50% after an extensive expansion during the Covid epidemic.
Haidilao has launched a scoring system for its employees to select a successor to the chairman and founder of the company Zhang Yong, who announced plans to retire within the next 15 years.
Chinese hotpot chain Haidilao has been in the middle of a controversy after hiking up prices to offset the damages caused by the COVID-19 epidemic.
Haidilao announced its financial results for the fiscal year of 2019 and said its expansion plan will not be affected by the coronavirus pandemic.
Tables in some of the chain’s restaurants are now equipped with “Do not disturb” flip-boards. Customers who do not want to be approached too often by waiters can use the sign to fend off their insistent advances.
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Haidilao’s HK$7.56 billion ($963 million) fundraising will make it the fifth largest in Hong Kong this year, after China Tower, Xiaomi, Meituan Dianping and Ping An Good Doctor, according to South China Morning Post.
After submitting its prospectus in May, Haidilao International Holding Ltd. is finally going public on the Hong Kong Stock Exchange on Sept. 26.
Haidilao International Holding Ltd., one of China’s most popular hot pot chains, submitted its prospectus to Hong Kong Stock Exchange on May 17.