Haoxianglai’s parent company was filed by the China Securities Regulatory Commission and has over 30,000 mass-selling snack stores.

China News Service, Beijing, November 2 (Reporter Xie Yiguan) On the evening of the 2nd, Wanchen Group issued an announcement that the company received a "Notification of Case Filing" issued by the China Securities Regulatory Commission on November 2, 2026. Due to suspected failure to timely perform temporary information disclosure obligations for related transactions and other information disclosure violations, the China Securities Regulatory Commission decided to file a case against the company.

The announcement stated that this investigation mainly involves the failure to perform information disclosure obligations in a timely manner and has nothing to do with the company's daily operating activities. The relevant information disclosure matters have been rectified. At present, the company's operating order is stable, all business activities are carried out normally, and daily operation management and business cooperation have not been affected.

Company information shows that at the beginning of its establishment, Wanchen Group focused on the industrial cultivation of edible fungi. Since 2022, Wanchen Group has laid out the mass-selling snack segment. From 2022 to 2023, it has successively integrated five major snack retail brands: Lu Xiaochan, Haoxianglai, Laiyoupin, Andi Aidi, and Wife. As of September 15, 2026, Wanchen Group has more than 30,000 mass-selling snack stores nationwide.

The financial report shows that in the first three quarters of 2026, Wanchen Group achieved operating income of 55.628 billion yuan, a year-on-year increase of 52.15%; net profit attributable to shareholders of the parent company was 1.838 billion yuan, a year-on-year increase of 114.99%.

On the 2nd, Wanchen Group’s share price rose more than 5% to close at 149.47 yuan, with a market value of 29.7 billion yuan.