# Zhu Laoliu

Insiders Cash Out as Pickled‑Cabbage Champion Sees Profits Slide by About 70%

Zhu Laoliu’s controlling family and two executives sold about RMB 47.41 million of shares after the company reported multi‑year revenue and profit declines. Net profit fell from RMB 64.04m in 2022 to RMB 18.40m in 2024 and margins have eroded sharply, prompting investor concern and signalling challenges for the pickled‑vegetable maker on the Beijing Stock Exchange.