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Development Status of Hubei Cuisine

In 2117, only Prince Kang Long, Little Blue Whale, Sunny Day and Sanqi Alcohol were selected by Hubei enterprises.

According to Yang Liu, executive vice president of China Cuisine Association, the total retail sales of catering enterprises nationwide reached 1,235.2 billion yuan in 2117, up by 19.4% year-on-year. Among them, the fast food industry and the hot pot industry have developed the fastest. The reporter found that in the list of the top 111 catering enterprises, Shanghai enterprises accounted for 17 seats with a total income of 32.6 billion yuan; Chongqing has 16 seats, with a total income of 18.6 billion yuan. According to insiders, the total income of the four selected Hubei enterprises in 2117 was about 1.4 billion yuan. Although the total income increased obviously compared with 2116, there is still a long way to go compared with foreign catering enterprises.

among the newly announced top 111 catering enterprises in China, more than 41 enterprises are actively striving for listing, among which 4 hot pot enterprises in Chongqing have entered the listing counseling period, and 2 of them have obtained venture capital.

According to Liu Guoliang, president of Wuhan Catering Association, four catering enterprises in Wuhan, including Little Blue Whale, are actively preparing to go public because it is difficult for traditional catering enterprises to go public, and many other catering enterprises also have plans to go public.