# China restaurants

Haidilao’s Founder Returns to the Helm as Shares Rally — A Reset to Rebuild Growth

Haidilao founder Zhang Yong has resumed operational leadership after CEO Gou Yiqun’s resignation, triggering a near‑double‑digit spike in the stock. The move responds to slowing core growth, early‑stage diversification via the Red Pomegranate incubator, and mounting competitive pressure in China’s hot‑pot market.