HAIDILAO(HK:06862) 智通财经网·2026-01-13 10:35Core Viewpoint - Haidilao is undergoing significant management changes, including the resignation of key executives and the appointment of new directors to enhance its strategic direction and operational efficiency [1][2]. Group 1: Management Changes - Mr. Gou Yiqun resigns as Executive Director and CEO effective January 13, 2026, but will continue to play a crucial role in promoting management process automation and operational upgrades within the group [1]. - Ms. Song Qing and Ms. Gao Jie also resign from their executive roles, with Ms. Song continuing as the head of the Product Committee [1]. - New executive directors, including Ms. Li Nana, Ms. Zhu Yinhua, Ms. Jiao Defeng, and Ms. Zhu Xuanyi, have been appointed to support the company's innovation and long-term development, effective January 13, 2026 [1]. Group 2: Board Composition and Diversity - Mr. Zhang Yong, the Chairman and Executive Director, is appointed as the new CEO effective January 13, 2026, while Ms. Li Nana joins the Nomination Committee [2]. - The new directors have extensive experience within Haidilao, coming from various operational and strategic backgrounds, indicating a focus on internal talent development [2]. - The board's composition is becoming more diverse in terms of gender and age, which is expected to bring new perspectives and enhance governance standards [2]. Group 3: Market Outlook - Citigroup has raised Haidilao's 2025 sales forecast by 2% due to growth in its delivery business and better-than-expected contributions from new ventures, increasing the target price from HKD 18.5 to HKD 19.7 while maintaining a "Buy" rating [3]. - Dongwu Securities also maintains a "Buy" rating, highlighting Haidilao's strong brand presence in the hot pot sector and its ability to optimize store operations and develop new brand matrices despite industry pressures [3].