# Wallace

The Price of Low-Cost Dominance: China’s Fast-Food Giant Wallace Delists Amid Quality Struggles

China’s largest domestic fast-food chain, Wallace, is delisting from the New Third Board to cut costs and restructure. Despite its massive footprint of 20,000 stores, the brand is struggling with persistent food safety scandals and intense competition from both domestic upstarts and international giants.

SoBiz2026年3月28日 04:28

#Wallace#China Fast Food#Delisting

A picturesque view of Wallace Monument in Stirling, Scotland from a local cemetery.

Business

China’s Wallace Fast‑Food Chain Retreats from the Over‑The‑Counter Market as Debt, Safety Woes and Family Control Bite

Fujian Huashi Foods, operator of the Wallace fast‑food chain, has applied to terminate its NEEQ listing after years of rapid expansion left it with ballooning debt, declining margins and a spate of food‑safety complaints. The delisting may buy the company regulatory and compliance flexibility, but it also reduces transparency as the chain confronts the difficult task of shifting from scale‑at‑all‑costs to a quality‑focused model.

NeMo2026年2月13日 06:24

#China#Wallace#Huashi Foods