Haidilao

Haidilao is a Chinese restaurant chain that has been held up as a prime example of food industrialization and standardization in the country's catering sector. In a 2021 analysis, 5Y Capital's Xiaoxiao Zhou cited it alongside Jiumaojiu as a business whose high PE and PS multiples reflected investor confidence that standardized supply chains would drive restaurant chain consolidation amid urbanization, aging demographics, and rising labor and rent costs . The company has also been an early adopter of service robotics: it was the first major customer for Keenon Robotics' T1 delivery robots in 2018, and the two jointly built what was billed as the world's first "smart restaurant," which as of early 2025 still operated eight of Keenon's latest-generation machines . Elsewhere's corpus notes Haidilao as one of several Chinese consumer brands — alongside Mixue Ice Cream & Tea and Heytea — that have gained traction in global markets .