# Juewei Food
Latest news and articles about Juewei Food
Total: 3 articles found
The Bitter Aftertaste: How China’s Braised Snack King Fell from Grace
Juewei Food, China's largest braised snack retailer, has reported its first annual loss and shuttered nearly 6,000 stores amid a massive financial fraud scandal and cooling consumer demand. The company's fall from grace highlights the fragility of franchise-led expansion and the intensifying competition in China's price-sensitive snack market.
A Bitter Aftertaste: China’s Braised Food Giant Juewei Faces Financial Ruin and Regulatory Reckoning
Juewei Food, China's leading braised snack chain, has reported its first annual loss since 2017 following a 342 million RMB tax penalty. The company is struggling with the closure of 5,000 stores and the fallout from a five-year revenue concealment scheme uncovered by regulators.
Bitter Aftertaste: The Fall of China’s Braised Snack King
Juewei Food, China’s largest braised snack chain, has plunged into its first annual loss following a 342 million RMB tax penalty for underreporting revenue. The company is facing a simultaneous crisis of mass store closures, failed external investments, and a 'Special Treatment' stock designation that signals severe regulatory risk.