Din Tai Fung has incurred a loss of 1.5 billion yuan in the past five years, and its affiliated company was recently forced to pay a debt of 290,000 yuan.
According to reports, Haidilao, once known as the "number one hotpot chain", has suffered giant losses of over 1.5 billion in the past five years, causing its market value to plummet by over 98%, attracting attention. According to the Qichacha APP, Haidilao Catering Management Co., Ltd. was established in September 2008 with a registered capital of 55 million yuan. It owns more than 1200 stores, with over 600 of them already closed. Information shows that the company's sole shareholder, Haidilao Investment Group Co., Ltd., was recently subjected to forced execution amounting to 299,100 yuan.
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