What is the development prospect of haoxianglai?
Haoxianglai is a subsidiary of Fujian Wanchen Biotechnology Group Co., Ltd. According to the data of Euromonitor Consulting (data as of 2023 10), Haoxianglai ranks first among discount snack retail stores in China. At present, there are more than 4,000 stores, and the number is increasing by 500 every month, which is also the first in the industry. Wanchen Group is also the only A-share listed company, so the prospect of luxury is clear. With such a strong background, it is estimated that the number of stores will exceed 10000 in 2025.