太突然，一城集体闭店！曾经是“排队王”，品牌方：可以为充卡会员处理退款

Core Points - The well-known hot pot brand "Zhu Guangyu Hot Pot Restaurant" has suspended operations at all its locations in Changsha, leading to speculation about the owner's potential disappearance and concerns from customers who have prepaid for services [1][2][4] - The brand has over 200 locations nationwide and is recognized as a phenomenon in the hot pot industry, often referred to as the "King of Queues" and "Kaleidoscope of Hot Pot" [1][5][12] Company Summary - "Zhu Guangyu Hot Pot Restaurant" was established in 2020 and has gained popularity by integrating high-quality tea drinks and desserts with traditional Chongqing hot pot elements [5] - The brand has served nearly 6 million customers in three years, with innovative products like "Tiger Skin Chicken Feet" and "Smash Lemon Tea" becoming bestsellers [5] - The company has rapidly expanded, opening over 200 locations across 31 provinces, with nearly 50% of its outlets in second- and third-tier cities [5][12] Industry Summary - The hot pot industry is facing a "cooling down" phase, with intense competition and a high rate of business closures, particularly among high-end and low-quality brands [12][14] - A report indicates that over 70% of Chongqing hot pot restaurants are concentrated in the price range of 50 to 120 yuan, with a notable increase in the number of establishments offering lower price points [14] - Emerging hot pot varieties, such as Guizhou sour soup and Yunnan hot pot, are further squeezing the market for traditional Sichuan and Chongqing hot pots, prompting some brands to explore overseas expansion and franchise models [14]