Core Viewpoint - Wallace, known as the "King of Fast Food," has officially announced its delisting from the New Third Board after nearly ten years, facing challenges from competitors and slowing growth [6][7]. Group 1: Company Announcement - On February 11, 2026, Fujian Huashi Food Co., Ltd. announced the termination of its stock listing on the National Equities Exchange and Quotations, effective February 12, 2026, marking the end of its nearly decade-long presence in the capital market [6]. - The company cited the need to improve decision-making efficiency and reduce operational costs in light of its current business situation and market environment as reasons for the delisting [6]. Group 2: Market Context - The decision to delist was not sudden; the company had announced its intention to apply for delisting on January 9, 2026, and officially suspended trading on January 22, 2026 [7]. - Wallace is attempting to find new avenues for growth amid fierce competition from emerging players like Tastin [6].
华莱士正式宣布退市
第一财经·2026-03-11 04:58