# Luwei

A Bitter Aftertaste: The Strategic Retreat of China’s Braised Food Giant

Chinese braised snack leader Huangshanghuang is facing a multifaceted crisis marked by a 40% reduction in store count from its peak and a major 202 million RMB insider sell-off. Despite a temporary profit boost from low raw material costs, the collapse of its 10,000-store expansion strategy and a failed 379 million RMB equity deal highlight significant headwinds in China's retail sector.