一只“臭虾王”炸出资本“天团”：50万学生午餐，成了谁的提款机？

Core Viewpoint - The recent controversy surrounding Shanghai Green捷, a major supplier of student meals, highlights the issues of food quality and safety in school lunches, driven by profit motives and inadequate oversight [4][5][36]. Group 1: Background and Context - The incident began when a parent discovered spoiled shrimp in their child's school lunch, leading to widespread outrage among parents regarding the quality of meals provided by Shanghai Green捷, which supplies 500,000 student meals daily [1][4]. - Parents have long expressed dissatisfaction with school lunches, citing concerns over taste, healthiness, and freshness of ingredients, culminating in a petition for better meal options [1][6]. Group 2: Company Profile and Operations - Shanghai Green捷, established in 2014, has grown to dominate the Shanghai school meal market, serving over 500 schools and kindergartens, with a daily meal supply exceeding 500,000 portions [5][6]. - The company has been criticized for using low-quality ingredients, with reports indicating that over 60% of meals consist of pre-fried items and fresh vegetables are scarce [6][34]. Group 3: Financial Aspects and Capital Involvement - The meal pricing structure reveals a significant profit margin, with meal costs ranging from 6 to 8 yuan while being sold for 18 yuan, raising questions about the allocation of the remaining funds [4][34]. - Shanghai Green捷's financial performance has been strong, with revenues reaching 560 million yuan in 2017 and a net profit margin of 15.7%, significantly higher than many competitors [25][26]. Group 4: Regulatory and Safety Issues - The company faced scrutiny for allegedly concealing food safety issues, leading to an investigation by authorities after reports of students experiencing food-related illnesses [11][36]. - The response from Shanghai Green捷 to the food safety concerns was criticized as inadequate, with a brief apology lacking a clear plan for rectification [12][36]. Group 5: Capital Structure and Ownership - The ownership structure of Shanghai Green捷 involves complex offshore arrangements, with significant investments from major players like the Liu Yonghao family and Temasek, indicating a strong capital backing [21][22]. - The intertwining of ownership and operational roles raises concerns about accountability, as key figures in the company also have stakes in food supply businesses, leading to potential conflicts of interest [24][20]. Group 6: Implications for the Industry - The situation reflects broader issues within the food service industry, particularly in the context of school meals, where profit motives can compromise food quality and safety [36]. - The rapid expansion of Shanghai Green捷, evidenced by over 80 bidding records in 2025 alone, raises questions about the integrity of the bidding process and the quality of services provided [31][36].