Company information
- Ticker
- 2741
- Country
- Taiwan
- Sector
- Consumer Discretionary
- Industry
- Leisure
Oldsichuan Business Summary
Oldsichuan (2741.TWO), formally Renjie Oldsichuan Catering Management Consultant Co., Ltd., operates a premier chain of authentic Sichuan-style hot pot restaurants across Taiwan. The company generates revenue through a multi-channel model comprising directly-operated dine-in establishments, a robust delivery infrastructure, and a high-growth retail division. Its primary business segments include core restaurant operations—encompassing the flagship Old Sichuan Ba-Shu Spicy Hotpot, Red Pavilion (Hong Ting) revolving hot pot, and Yin Jiu Hot Pot brands—and a central kitchen facility that powers both physical locations and an e-commerce platform selling branded soup bases and instant meal kits. Within the competitive Taiwanese landscape, Oldsichuan contends with international giant Haidilao, local rival Tripod King (Ding Wang), and Gourmet Master’s Top One Pot, positioning itself as a premium specialist focused on traditional "three fragrances and three peppers" preparation and high-standard food safety. The company was founded in 2003 by the late Liang Chao-chen, a former photographer who localized authentic Sichuanese recipes to build a national enterprise from a single 13-table shop in Kaohsiung. Following Liang’s passing in 2023, the leadership transitioned to co-founder Chen Shu-ping, who currently serves as Chairman and oversees the group’s strategic pivot toward international expansion and digital modernization. The executive team is anchored by General Manager Wu Ming-han, a key architect of the firm’s digital transformation who has integrated AI-driven supply chain management and expanded the company’s omnichannel retail presence. The board, which includes independent directors such as Chen Guo-zhang, maintains a disciplined corporate culture rooted in the "broken window theory" of management, ensuring operational rigour as the company targets new markets in Southeast Asia and global e-commerce channels.