Company Overview - Wanchen Group, known as the "first stock of snack retail," announced that former chairman Wang Jiankun has resumed his duties after the National Supervisory Commission lifted the detention measures against him [2][4] - Wang Jiankun has been the chairman since December 2013, and his family members, including his son Wang Zeneng and sister Wang Liqing, are significant stakeholders in the company [4] Business Development - Founded in 2011, Wanchen Group initially focused on edible fungi but entered the snack retail market in August 2022 with the launch of the "Luxiaochan" brand [5] - The company has rapidly expanded its snack retail presence through joint ventures and acquisitions, rebranding several acquired brands under "Haoxianglai" [5] Market Position - As of the end of 2024, Wanchen Group operates 14,196 stores, closely competing with Mingming Hen Mang Group, which has 14,394 stores [5] - Wanchen Group is the only publicly listed company in the snack retail sector, while Mingming Hen Mang Group has also filed for an IPO [5] Financial Performance - For the year 2024, Wanchen Group reported revenue of 32.33 billion yuan, a year-on-year increase of 247.86%, and a net profit of 294 million yuan, up 453.95% [5] - In comparison, Mingming Hen Mang Group achieved revenue of 39.34 billion yuan, with a net profit of 829 million yuan, reflecting a year-on-year growth of 280.28% [5]
万辰集团董事长被解除留置！“好想来”称所涉事项与公司无关