- CEO
- Yong Zhang
- Full Time Employees
- 137,178
- Sector
- Consumer Cyclical
- Industry
- Restaurants
- Address
- No. 1 Building Beijing People's Republic of China 102218
- IPO Date
- Nov 15, 2018
- Business
- Haidilao International Holding Ltd. (HDALF) operates as an investment holding company primarily engaged in the restaurant operation and delivery businesses, focusing on Haidilao branded Chinese hot pot cuisine restaurants; it also conducts sales of condiment products and food ingredients, franchise operations, technology services, hotel operations, property investment management and consulting, and trading activities. The company serves consumers through its core hot pot offerings, including premium ingredients, dipping sauces, and beverages, alongside delivery and takeout services targeting urban diners and families in the casual dining segment of the consumer discretionary sector. Haidilao maintains an extensive geographic footprint with over 1,000 self-operated and franchised restaurants across Mainland China, Hong Kong, Macau, Taiwan, and international markets in Southeast Asia and beyond.
Founded in 1994 and headquartered at No. 1 Building, 7th Floor, Beijing, 102218, People's Republic of China, the Cayman Islands-incorporated entity employs approximately 137,000 people under CEO Yiqun Gou.
In recent developments, Haidilao optimizes its network by opening new restaurants, including 4 Haidilao locations in Q2 2025 while closing underperformers; it launched 62 new outlets in 2024 (59 self-operated, 3 franchised) and tests diversified offerings like mixed rice, self-made beverages, and a Delivery Super Kitchen with satellite models. The company pursues acquisitions of regional hot pot chains, notably a $30 million purchase in Southeast Asia in early 2023 to expand market share; it integrates technology such as AI inventory management and app-based ordering, alongside partnerships with delivery platforms like Meituan and Ele.me, which drove 30% of 2023 sales from online channels, and cross-industry collaborations for membership perks in tourism and transportation.