Fishy loan undercuts Jiumaojiu’s corporate governance image
The operator of a trendy restaurant chain disclosed it made an $11.2 million loan to its founder in January without informing the board or shareholders Key Takeaways: Jiumaojiu said it…
Hot pot dining boom helps Jiumaojiu serve up profit feast
The restaurant chain selling Chinese sauerkraut fish and hot pot dishes has rebounded from the pandemic with a nearly fourfold jump in first-half profits Key Takeaways: Jiumaojiu’s revenues surged more…
