Regarding the specific details of the acquisition, Jinbao's Shanghai headquarters refused to disclose any information about the acquisition.

An employee of the company's planning department said that he had indeed heard that the company had held many talks with Anbaishen, but the specific details and reasons for the acquisition were not yet known.

Golden Leopard is the largest catering and entertainment group in Taiwan. It first entered the Shanghai catering market in October 2003 with the operating model of Golden Leopard International Food Parkway. However, the reporter received information from many parties that currently, this large chain catering enterprise operates

The situation is not ideal and revenue is declining. These factors may be the reason why Jinleo sells its shares to survive.

In Shanghai, the base camp of Leopard Continent, the business situation is not ideal.

"Since this year, Golden Leopard's revenue in Shanghai is estimated to have dropped by 20%. The business situation is not ideal." A senior person in Shanghai's catering industry revealed.

In addition, the revenue of the Tianjin store is not ideal. A person close to Jinbao said that the Tianjin store quickly dropped from 2,000 to 2,500 people per day at the beginning of its opening to 800 to 1,200 people, and it can only reach 1,200 to 1,500 people on holidays (weekends).

.

Public reports show that Golden Leopard *** currently has 18 branches, with revenue of nearly 900 million yuan in 2010 and an income of 40 million yuan. Such income is obviously low.

The decline in revenue in some regions is partly due to the current increase in costs of food, labor, rent, etc., and on the other hand, it is due to the company's internal management chaos.

Since Taiwanese employees hold senior positions and receive higher wages than mainland employees, this has caused dissatisfaction among many mainland employees.

On the other hand, "due to the competition between the East China region and the North China region, some decisions issued by the East China region often do not receive cooperation from the North China region." said the aforementioned person close to Jinleo.

Another fact is that star-rated hotel buffet restaurants and independent high-end self-service catering brands have developed rapidly in recent years, and Golden Leopard's market competitive advantage is no longer what it used to be.