The Chinese home-dining retailer, Guoquan, is planning to extend its business to Hong Kong. This move signifies the company’s first initiative outside Mainland China, aligning with their international expansion plans.
The retailer anticipates the launch of its inaugural store in Wan Chai, Hong Kong, later this year. During this launch, local consumers will be introduced to the Guoquan’s “community central kitchen” concept.
This planned expansion to Hong Kong is concurrent with Guoquan’s continued growth within Mainland China. As of the first quarter of 2026, Guoquan boasts a network of 11,758 stores across the nation, including more than 3100 outlets in township level markets.
From the latter half of 2025, Guoquan has been enhancing its store network by transforming smaller outlets into larger “community central kitchen” formats. The floor area of these renovated stores typically ranges from 80 to 100 square meters. These larger stores offer a wider array of products, a departure from the company’s traditional hotpot and barbecue ingredients.
Guoquan’s product range has evolved to include breakfast items, ready-to-eat meals, light fare, alcoholic beverages, and other options tailored for various consumption times of the day. With 24-hour unmanned stores, customers can access these products and services at any time.
Established in 2017, Guoquan has flourished into one of the leading home-dining brands in China. The company was publicly listed on the Hong Kong Stock Exchange in November 2023.
Guoquan is renowned for specializing in household meal ingredients. Its product offerings range from hotpot and barbecue items to self-heating meals and prepared Chinese dishes.
What is Guoquan’s “community central kitchen” concept?
The “community central kitchen” model is an innovative retail concept where stores are expanded from their traditional format to offer a wider range of products. This not only includes Guoquan’s traditional hotpot and barbecue ingredients, but has evolved to include breakfast items, ready-to-eat meals, light fare, alcoholic beverages, and more.
When was Guoquan founded and when did it list on the stock exchange?
Guoquan was founded in 2017 and listed on the Hong Kong Stock Exchange in November 2023.
What is Guoquan’s current store count in Mainland China?
As of the first quarter of 2026, Guoquan operates 11,758 stores nationwide in Mainland China, including over 3,100 outlets in township-level markets.
