The 34 year old son in law Ge Wuchao became the chairman, and Ziyan Food ushered in the era of the s

Mondo Finance Updated on 2024-01-29

Ziyan Baiwei Chicken, presumably everyone's favorite delicacy, 2 years ago, the company that opened many stores in the streets and alleys was also listed.

Ziyan Food is a national marinated cooked food chain enterprise, originated in Sichuan, developed in Jiangsu, and expanded in the whole country. Headquartered in Shanghai, it was successfully listed on the main board of the Shanghai Stock Exchange on September 26, 2022, becoming a listed company in the food and marinated products industry.

At present, Ziyan Food has opened nearly 6,000 "Ziyan Baiwei Chicken" brand chain stores in about 200 cities in more than 20 provinces, autonomous regions and municipalities directly under the central government, built a number of large-scale standard factories, and also opened a number of sub-brands covering casual catering and leisure lo-mei. Ziyan Food's Baiwei Chicken, Husband and Wife Lung Slices, Rattan Pepper Chicken, Ziyan Goose and other special dishes are also familiar to everyone.

Ziyan Food currently has more than 1,800 employees, with an average salary of more than 130,000 yuan, and the company's per capita efficiency is still relatively high, with less than 2,000 employees and an operating income of nearly 4 billion. This is inseparable from the love of ordinary people for Ziyan Baiwei Chicken.

However, the executives of Ziyan Food are still more interesting.

At present, the chairman of the company is Mr. Ge Wuchao, born in September 1989, Chinese nationality, no right of permanent residence abroad, bachelor degree. He is a member of the Shanghai Youth Federation and a member of the Chinese People's Political Consultative Conference (CPPCC) of Minhang District, Shanghai. He used to be the company's purchasing director, general manager and director. He is currently the chairman and general manager of the company. Mr. Ge is only 34 years old, and he became the chairman of a listed company at a young age, which is really the envy of many people. In May 2023, Zhong Huaijun, the former chairman and founder of the company, stepped down as a director of the company, Ge Wuchao was elected as the new chairman, and Ziyan Food ushered in the era of his son-in-law at the helm. At present, Mr. Ge receives an annual salary of 1.97 million yuan in the company, plus the ** he holds, and his worth is more than 1 billion.

In addition, what is more interesting is that the company also has a 28-year-old executive Zhong Qinchuan, it is not difficult to see from the surname that this is the son of the former chairman Zhong Huaijun, and he holds the position of deputy general manager of the company. Previously, Zhong Qinchuan served as the company's brand center director and development center director. This time the throne was not passed on to his son, but to his son-in-law, I don't know how Zhong Huaijun considered it, but it can also be seen that Chairman Zhong still has a lot of stomach, after all, it is still very surprising to do so.

Judging from Ziyan Food's revenue and profit from 2019 to 2023, the company's performance is also showing a steady growth trend.

First of all, from the perspective of revenue, Ziyan Food's revenue scale has been expanding, and it has maintained stable growth every year. This shows that the company is doing well in the market and is gradually expanding its market share. This trend shows that the company has a strong brand presence and premium product quality, which can attract more consumers and maintain consistent sales growth.

Secondly, from the perspective of profits, Ziyan Food's net profit also showed a steady growth trend. This shows that the company has achieved good performance in terms of cost control, product pricing and market share. Although it has been affected by the epidemic in 2022, in 2023, the net profit is expected to exceed 400 million yuan, reaching a record high.

To sum up, Ziyan Food is a marinated cooked food chain enterprise with good development prospects. In the future, as long as there are no major food safety accidents or other black swan events, the company's development prospects are still very bright.

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