The 2026 Golden Ding Awards have been officially announced! Who’s quietly raking in the profits?

This ranking evaluates brands based on three criteria: single-store profitability model, store-opening threshold, and expansion speed. Brands featured on the list possess mature operational systems and business models adaptable to diverse scenarios—providing entrepreneurs with clear, high-quality project references. Among them, Liu Zhenzhen • Yungui Mountain Range BBQ—a self-service barbecue brand highlighting the wild flavors of Yunnan and Guizhou—has gained prominence through its distinctive regional identity. Signature items such as mint-infused beef and lemongrass-marinated meat stand out strongly, complemented by wild mushrooms, seasonal vegetables, and woodruff-based dipping sauces—enabling customers to enjoy all-you-can-eat barbecue for under RMB 100 per person. Each outlet features dedicated staff for grilling assistance and ethnic-inspired interior décor that naturally attracts social-media check-ins, giving the brand a clear edge in the emerging barbecue segment. Da Pang Liu Lao Guo, a brand specializing in Guizhou-style griddle cooking, offers abundant selections of both meat and vegetable ingredients, authentic dipping sauces, and an intensely atmospheric, smoky dining experience. Its menu items are simple to prepare and operate, appeal broadly to consumers, maintain steady foot traffic, and hold considerable potential for regional expansion. 7. Top 10 National Suppliers Influencing Hotpot & BBQ Restaurants This ranking assesses enterprises across multiple dimensions—including production capacity, cold-chain logistics, ingredient R&D capabilities, and industry reputation—to identify suppliers offering stable supply and continuous product innovation for hotpot and BBQ restaurants. It serves as a valuable reference for foodservice operators seeking direct-source manufacturers and building reliable supply chains. Take Panda Prince, a brand under Weizi Mei, as an example: it specializes in proprietary thick-sauce hotpot base, crafted from premium natural ingredients with layered flavor release—ensuring aroma remains robust even after prolonged boiling. The company focuses deeply on custom R&D for hotpot bases, Sichuan-style compound seasonings, and ready-to-cook meals, plus personalized formula customization for individual restaurant needs—suitable for all hotpot subcategories. Meixin Catering Seasonings also stands out prominently in this ranking. Its flavor innovations lead the industry: bestsellers include Sun-ripened Fresh Tomato Soup, Yunnan Wild Mushroom Broth, and Passion Fruit–Sour Spicy Golden Broth; it also offers a full range of BBQ dipping sauces compatible with hotpot, barbecue, noodles, and rice dishes—supporting standardized output across multiple restaurant formats. 8. Top 10 National High-Quality Producers for Hotpot & BBQ Enterprises listed here were selected comprehensively based on production capability, in-house seasoning R&D, customization services, and adaptability to restaurant operations—covering hotpot bases, BBQ products, and pre-prepared ingredients. This list serves as an excellent reference for foodservice brands searching for direct-source manufacturing partners. Xintian Hotpot Oil Dipping Sauce—a benchmark brand in the hotpot oil-dip category—employs proprietary low-temperature aromatic-locking cold-press technology and selects premium sesame seeds. Its red-ring-sealed single-serve oil-dip cans deliver rich, mellow aroma and effective spice relief. The company operates a professional food-safety R&D center and has consistently ranked #1 in sales volume industry-wide for multiple years. Zhang Bingbing Hotpot Tallow, a leader in the beef tallow segment, has spearheaded drafting several national standards for beef tallow. Its popular products—including Heart-Shaped Wok-Tallow and Six-Flavor Aroma-Enhancing Tallow—are made from premium beef kidney fat processed via patented low-temperature aromatic-locking technology, yielding exceptionally rich, pure tallow flavor. It maintains top-tier market share in China’s beef tallow sector. 9. Top 10 National Solution Service Providers for Hotpot & BBQ This ranking identifies service providers excelling in flavor customization, store operation support, and nationwide integrated services—including ingredients, cleaning solutions, and marketing support—addressing key operational challenges faced by hotpot and BBQ brands: store opening, standardization, cost reduction, and efficiency enhancement. It serves as a practical reference for foodservice brands seeking end-to-end collaborative partners. Yi Ming Consulting, with over a decade of deep expertise in the foodservice industry, is recognized as China’s leader in implementing zero-to-one business models. Its proprietary ‘Heavy Planning + Light Marketing’ approach delivers full-chain services—from brand strategy and marketing co-piloting to visual design—driving explosive brand growth. To date, it has served over 1,000 brands, achieving a successful implementation rate exceeding 90%. For Ecolab—a global comprehensive foodservice sanitation and cleaning solutions provider—their offerings specifically target heavy grease in hotpot kitchens and carbonized residue on BBQ griddles. Their integrated solutions include specialized cleaning products, intelligent dishwashers, and digitalized back-of-house management systems—backed by on-site maintenance and food-safety training. This one-stop solution resolves hygiene and compliance risk challenges efficiently, with industry-leading coverage among chain restaurant brands.

Click now to view! Latest financial reports from the world’s top 50 chemical giants have just been released.

Lanxess reported a substantial 38.2% year-on-year increase in Q3 sales revenue, reaching €2.185 billion; EBITDA before non-recurring items stood at €240 million, up 4.8% year-on-year. Wacker Chemie AG achieved Q3 group sales of €2.13 billion, a 29% increase year-on-year; EBITDA reached €457 million, up 2% year-on-year. Clariant recorded Q3 sales of CHF 1.312 billion, up 27% year-on-year; EBITDA rose to CHF 220 million, representing a margin of 16.8%. North America Dow reported Q3 net sales of USD 14.1 billion, down 5% year-on-year; GAAP net income was USD 760 million; operating EBIT totaled USD 1.2 billion, compared to USD 2.9 billion in the prior-year period. Nutrien’s Q3 revenue increased 35.9% year-on-year to USD 8.19 billion; adjusted net income rose 118% to USD 1.58 billion. Sherwin-Williams reported Q3 net sales of approximately USD 6.05 billion, up 17.5%; net income reached USD 685 million, up 36.45%. For the first nine months, revenue totaled USD 16.918 billion, up 11.43% year-on-year; net income amounted to USD 1.634 billion, up 4.49% year-on-year. Mosaic reported Q3 revenue of USD 5.349 billion, up 56% year-on-year; net income was USD 842 million, versus USD 372 million in the prior-year period. PPG Industries achieved Q3 revenue of USD 4.468 billion, up ~2% year-on-year; net income declined 4% to USD 329 million; adjusted net income fell 3% to USD 393 million. For the first nine months, net sales totaled USD 13.467 billion, up 6.35% year-on-year; net income declined 46.32% to USD 788 million. Westlake Corporation reported Q3 net sales of USD 4.0 billion, net income of USD 401 million, and EBITDA of USD 804 million. Ecolab reported Q3 sales of USD 3.7 billion, up 10% year-on-year; net income attributable to Ecolab rose 7% to USD 347 million. DuPont’s Q3 revenue stood at USD 3.317 billion, down 22.34% year-on-year; EBITDA rose 5% to USD 856 million. Corteva reported Q3 revenue of USD 2.78 billion, up 17% year-on-year. Total revenue for the first nine months reached USD 13.63 billion, up 12% year-on-year. Eastman Chemical reported Q3 sales of USD 2.709 billion; excluding the divestiture of its rubber additives and adhesive resins businesses and foreign exchange impacts, sales rose 13% year-on-year; EBIT was USD 324 million; adjusted EBIT was USD 333 million. Celanese reported Q3 net sales of USD 2.3 billion, down 7% sequentially; adjusted EBIT was USD 510 million. CF Industries reported Q3 net sales of USD 2.321 billion, up 70.6% year-on-year versus USD 1.362 billion in the prior-year period; net income was USD 438 million, compared to a net loss of USD 185 million in the prior-year period.

Ecolab Inc Reports Strong Q1 2026 Earnings, Reaffirms Growth Guidance

Jul 22, 2026

Ecolab Inc reported strong Q1 2026 earnings with $4.07 billion revenue and $1.70 EPS, beating consensus. The company reaffirmed full-year adjusted diluted EPS growth guidance of 12%-15%, citing solid organic sales and strategic acquisitions.

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