① ZHOU HEI YA founder Zhou Fuyou was injured when an outdoor butane stove exploded while boiling water, reminding everyone to pay attention to safety; ② In June 2024, Zhou Fuyou returned to the CEO position to promote the Global Strategy reform, and this year has focused on improving store sales models and live-streaming sales.
According to Caixin on December 11 (editor Liang Youyun), ZHOU HEI YA founder Zhou Fuyou recently released a video stating that a few days ago he was injured by an explosion while boiling water outdoors with a butane stove. The video shows Zhou Fuyou with his arm wrapped in bandages, and several injuries on his face that have been treated, as he repeatedly expressed gratitude for the concern from netizens and friends.
In the video, Zhou Fuyou frankly stated that it might be safer to buy recognized brands of butane stoves from formal places, hoping to raise awareness and attention, emphasizing that safety should be a priority whether at home or outdoors.
According to data, Zhou Fuyou founded the "Zhouji Spicy Duck" shop in Wuhan in 1997, which was renamed ZHOU HEI YA in 2005. As the company expanded its directly-operated stores across the country, ZHOU HEI YA established multiple processing plants and logistics centers nationwide, and went public on the Hong Kong Stock Exchange in November 2016.
After going public, ZHOU HEI YA's stock price fluctuated several times, and recently it has suffered from continuous performance decline and store contraction, with the company’s stock price at a historical low.
Historical revenue data from the company show that from 2021 to 2023, the revenue was 2.87 billion yuan, 2.343 billion yuan, and 2.744 billion yuan respectively, while the attributable Net income during the same period was 0.342 billion yuan, 0.025 billion yuan, and 116 million yuan. In the first half of 2024, ZHOU HEI YA achieved revenue of 1.26 billion yuan, a year-on-year decrease of 1.095 billion yuan; the attributable Net income during the same period was 0.033 billion yuan, a year-on-year decrease of 67.75%. As of the end of June this year, ZHOU HEI YA had a total of 3,456 stores, a decrease of 360 stores year-on-year.
In June 2024, Zhou Fuyou returned to the CEO position of the company to promote important strategic transformations, optimize Operation efficiency, and enhance Operation quality. Currently, as the founder, Zhou Fuyou holds multiple positions including Chairman, Executive Director, and CEO of ZHOU HEI YA.
Since the beginning of this year, ZHOU HEI YA has continuously made efforts in adjusting store sales models and in the live-streaming sales sector, with founder Zhou Fuyou frequently appearing to promote products. After recovering from his injuries, Zhou Fuyou appeared in the official ZHOU HEI YA live-streaming room on December 10 to continue promoting products, being present for over an hour to actively address netizens' complaints about high prices.
It is reported that Zhou Fuyou and Tang Jianfang ranked 1179th on the "2023 Hurun Report of China's Rich" with a wealth of 5 billion yuan.
As of the time of publication, ZHOU HEI YA's stock in Hong Kong had a daily increase of 0.58%, with a total market value of 3.946 billion Hong Kong dollars.