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What is the relationship between Yihai and Haidilao?

Yihai is the exclusive supplier of bottom materials under Haidilao.

Yihai (Shanghai) Food Co., Ltd. is a comprehensive food company focusing on research and development, production and sales of Haidilao hot pot bottom materials, dip materials and compound seasoning series products, and is an authorized supplier of bottom materials for Haidilao hot pot, a famous domestic catering brand.

Yihai was established in 2115, when Haidilao established Chengdu Branch, and then put into operation the first hot pot bottom material production line to supply hot pot restaurants operated by Sichuan Haidilao Group. In 2113, Yihai was registered as an investment holding company in Cayman Islands.

Relying on Haidilao

Backed by this big tree, Yihai International's hot pot bottom material business is doing well.

Under the circumstance that the hot pot bottom material market is already dazzling, it is not easy to squeeze in and find its own living space. Yihai International has not only become the second supplier of hot pot bottom material in China, but also the second seasoning listed company with a market value exceeding 111 billion after Haitian Weiye.

in July p>2116, yihai international listed in hong kong at an issue price of hk $3.3. On September 2, 2121, its share price has risen to HK$ 133.4, with an increase of more than 3941% in just a few years, which is about five times that of Maotai in the same period.

reference to the above content: Fenghuang. com-Who will buy the hot pot seasoning of Yihai International without going to Haidilao?

above content reference: Yihai (Shanghai) Food Co., Ltd.-Company Profile

above content reference: Baidu Encyclopedia-Yihai.