Home » Business » Laoxiang Chicken: A-share IPO Withdrawal and Brand History

Laoxiang Chicken: A-share IPO Withdrawal and Brand History

In May last year, Laoxiang Chicken submitted a prospectus and planned to be listed on the main board of the Shanghai Stock Exchange. However, in August this year, Laoxiang Chicken chose to withdraw its A-share IPO. Laoxiang Chicken originally planned to be listed on the A-share market and raise 1.2 billion yuan.

The predecessor of Laoxiang Chicken is “Feixi Old Hen” which opened in Hefei, Anhui in 2003. In 2012, “Feixi Old Hen” underwent a brand upgrade and was renamed Laoxiang Chicken. Laoxiang Chicken mainly sells Chinese fast food, and its signature dishes include Feixi old hen soup, spicy chicken offal, steamed chicken feet with beans and rice, braised pork with pickled vegetables, etc.

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2023-10-30 07:54:25
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