Core Points - The founder and chairman of Tai Hing Group, Chen Yong'an, passed away on November 24 at the age of 66, leading to a period of mourning for the company [1][3] - Chen Yong'an held a 57.09% stake in Tai Hing Group prior to his passing and was instrumental in the company's strategic direction and decision-making [3] - Following his death, Chen Jiakang, his son, was appointed as the new chairman of the board, while Chen Shufang, his cousin, became the vice-chairman [3] Company Overview - Tai Hing Group was founded in 1989 by Chen Yong'an and Yuan Zhiming, with its first restaurant "Tai Hing Roast" opened in Hong Kong [3] - The company expanded into mainland China in 2004 and adopted a multi-brand strategy starting in 2008, eventually listing on the Hong Kong Stock Exchange in June 2019 [3] - As of June 30, 2025, Tai Hing Group operates 217 restaurants, with 188 located in Hong Kong and Macau, and 29 in mainland China [5] Financial Performance - In the first half of the year, Tai Hing Group reported a revenue increase of 6.2% to HKD 1.712 billion [5] - The net profit saw a significant rise of 280.72%, reaching HKD 40.813 million [5] - The company operates 18 restaurant brands, including "Tai Hing," "Min Wah Ice Hall," "Cha Mu," "Ya Shan Chicken," and "Kao De Zhu" [5]
太兴集团创始人陈永安辞世，儿子陈家强接任董事会主席