Controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
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2016
Founder Wu Guoqiang and CVC in Control Struggle
In 2013, founder Wu Guoqiang transferred about 90% of the equity to CVC; after CVC brought in professional managers, the two sides clashed over management, products, costs, and other issues. In 2016, Wu Guoqiang was blocked from attending the company's annual meeting and publicly accused the dumplings of "shrinking," making the dispute public. In 2017, CVC sold Da Niang Dumplings to GreenTree; Wu later sued the company over a contract dispute. The brand's stores shrank sharply.