On the morning of May 21, Next Next announced that former chief executive officer Zhao Yi was dismissed due to the performance of some of the group's sub-brands failing to meet the board's expectations, and He Guangqi has been appointed chief executive officer, effective May 20, the company said.

Effective April 15, he will cease to serve as chief operating officer of Haute Couture Catering, and he will step down from all other positions related to the Chabu Group and Haute Couture Catering.

Executives continue to leave, with key operations of the brands being placed under the unified responsibility of Chairman He Guangqi.

It is reported that He Guangqi is not only the founder of Gluttony. It is also the chairman, chief executive officer and executive director of Gluttony. Mainly responsible for the development of the group's overall development strategy and business planning, engaged in the catering industry for more than twenty years. As of now, He Guangqi holds a 41.46% stake in Next Step Next Step.

In 2010, Gluttony officially entered the Shanghai market and opened its first store in Shanghai.

Gluttony was founded in 1998. By 2011, in addition to nearly 30 new stores in Shanghai, there are only 170 in the country. 13 years of expansion of 170 stores, an average of 1.08 stores opened every month, the speed is not very fast. Shabu Shabu opened nearly 30 stores in Shanghai in one year, an average of more than 2 per month, twice the number of stores opened per month in the past 13 years. Yang Shuling said, sip sip sip sip will accelerate the development of Shanghai, through 3-5 years of efforts, strive to open nearly 100 stores in Shanghai. As a result, the markets in Beijing and Shanghai remain synchronized, and there will be more than 240 restaurants in China by then.

On January 8, 2021, Zhao Yi, CEO of Gluttony Group, announced in Shanghai that Gluttony will gradually upgrade and remodel its existing stores, explore the full-time operation mode of the new stores, and gradually cover multiple times and scenarios, such as afternoon tea and late-night snacks, in addition to lunch and dinner, to further broaden the extension of Gluttony's income.

On March 4, 2021, Gluttony announced on the Hong Kong Stock Exchange that the Group's revenue for 2020 is expected to decline by about 9.5% compared with 2019, recording a net profit of about 10 million yuan to 20 million yuan

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