Traditional Chinese 福建省華萊士食品有限公司 Headquarters Fuzhou, China | Simplified Chinese 福建省华莱士食品有限公司 | |
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Hanyu Pinyin | ||
Wallace, Fujian Food Co., Ltd., doing business as CNHLS (simplified Chinese: 华莱士; traditional Chinese: 華萊士; pinyin: Huáláishì), is a fast food chain in China. Its head office is in Taijiang District, Fuzhou, Fujian.
Its English name was originally Wallace.
In 2010 the company was valued at US$417 million. Sales at the company grew 416% from 2007 to 2010. In 2010 the total combined sales at CNHLS and Dico's combined was $1.3 billion USD (3.91 billion renminbi). By 2012 the chain was competing with KFC. In 2012 the company had about 3,000 restaurants, and this number grew to about 4,000 in 2013. The restaurant was No. 2 in the China Daily list of the " Top 10 fast-food chains in China".
References
CNHLS Wikipedia(Text) CC BY-SA