Yihai International Holding
Venture Round in 2014
Yihai International Holding Ltd. is a Chinese company specializing in the research, development, manufacturing, distribution, and sale of hot pot soup flavorings, dipping sauces, and various Chinese-style compound condiments, primarily under the Haidilao brand. The company offers a diverse range of products, including spicy vegetable oils, broth condiments, seasonings for crayfish and fish dishes, as well as marinades and table sauces. Yihai also provides self-serving small hot pot products and snack foods. Its distribution network spans hypermarkets, supermarkets, grocery stores, and e-commerce channels, reaching approximately 31 provincial regions in China, along with the Hong Kong, Macau, and Taiwan regions, and extending to 49 international markets. Established in 2013 and headquartered in Shanghai, Yihai International Holding has become a notable player in the condiment manufacturing sector, generating a significant portion of its revenue from hot pot soup flavoring products.