Bafang Yunji Completes Board Election; Two Founding Members Retire
Taiwanese restaurant chain Bafang Yunji announced record 2025 results. The board election saw the retirement of two founding members, accelerating the leadership transition under second-generation chairperson Lin Hsin-Yi. The company plans to expand in the US and strengthen its store network in Taiwan in 2026.
📋 Article Processing Timeline
- 📰 Published: June 11, 2026 at 14:48
- 🔍 Collected: June 11, 2026 at 14:57 (9 min after Published)
- 🤖 AI Analyzed: June 11, 2026 at 14:59 (1 min after Collected)
(Central News Agency, reporter Jiang Ming-Yan, Taipei 11th) Chain restaurant group Bafang Yunji held its shareholders' meeting today and completed the election of its board of directors. Two founding members, Vice Chairman Lin Ming-Zhe and Senior Director Chang Jui-Lien, a former general manager, retired upon the expiration of their terms. Chiu Hsin-Yi, a former CFO, has taken over as the representative of the corporate director, furthering the generational handover under the leadership of the second-generation chairperson, Lin Hsin-Yi.
Bafang Yunji held its 2026 annual general meeting today, approving the 2025 financial report and the profit distribution plan. For the full year of 2025, consolidated revenue reached NT$8.791 billion, an increase of 9.51% year-on-year. Net profit attributable to the parent company was NT$856 million, up 42.18% year-on-year. Earnings per share (EPS) were NT$12.84, a 41.88% increase year-on-year. All three indicators—revenue, net profit, and EPS—set new records since the company's listing.
The shareholders' meeting approved a total dividend of NT$12 per share, including a cash dividend of NT$11.5 per share and a stock dividend of NT$0.5 per share. This is the first time the company has issued a stock dividend since its listing, bringing the total payout ratio to 93.5%.
Chairperson Lin Hsin-Yi stated, "2025 was the most significant year for the group's dual-track progress in both domestic and international scale expansion and profitability improvement. The EPS growth rate of 41.88%, far exceeding the revenue growth rate of 9.51%, is a testament to the realization of economies of scale."
In the Taiwan market, the Bafang Yunji brand added a net 21 stores, and the Liang She Han Pai brand added a net 20 stores. Both major brands expanded simultaneously, with same-store sales and customer traffic both growing by 10%. Liang She Han Pai's same-store sales growth was 6%. In the US market, the company had opened 13 stores by the end of last year.
With the completion of the board election, Vice Chairman Lin Ming-Zhe and Senior Director Chang Jui-Lien have retired. The corporate representative of Fu Yu Investment Co., Ltd. has been changed to Chiu Hsin-Yi. As a former CFO, her appointment as a corporate director is expected to strengthen the group's management decision-making and financial governance.
Looking ahead to the full year of 2026, Bafang Yunji reported that its Q1 EPS was NT$3.56, a record high for a single quarter since listing. Cumulative consolidated revenue for the first five months was NT$3.82 billion, a 6.56% increase year-on-year, also a record high for the same period. In Taiwan, the company will continue its strategy of closing underperforming stores and focusing on strong ones, targeting a net increase of 30 stores for the year. In the US, the company is pursuing a three-track expansion in California, Texas, and Arizona, aiming for a total of over 20 stores for the year. Three stores in Texas are already in the signing stage. (Editor: Pan Yi-Jing) 1150611
Bafang Yunji held its 2026 annual general meeting today, approving the 2025 financial report and the profit distribution plan. For the full year of 2025, consolidated revenue reached NT$8.791 billion, an increase of 9.51% year-on-year. Net profit attributable to the parent company was NT$856 million, up 42.18% year-on-year. Earnings per share (EPS) were NT$12.84, a 41.88% increase year-on-year. All three indicators—revenue, net profit, and EPS—set new records since the company's listing.
The shareholders' meeting approved a total dividend of NT$12 per share, including a cash dividend of NT$11.5 per share and a stock dividend of NT$0.5 per share. This is the first time the company has issued a stock dividend since its listing, bringing the total payout ratio to 93.5%.
Chairperson Lin Hsin-Yi stated, "2025 was the most significant year for the group's dual-track progress in both domestic and international scale expansion and profitability improvement. The EPS growth rate of 41.88%, far exceeding the revenue growth rate of 9.51%, is a testament to the realization of economies of scale."
In the Taiwan market, the Bafang Yunji brand added a net 21 stores, and the Liang She Han Pai brand added a net 20 stores. Both major brands expanded simultaneously, with same-store sales and customer traffic both growing by 10%. Liang She Han Pai's same-store sales growth was 6%. In the US market, the company had opened 13 stores by the end of last year.
With the completion of the board election, Vice Chairman Lin Ming-Zhe and Senior Director Chang Jui-Lien have retired. The corporate representative of Fu Yu Investment Co., Ltd. has been changed to Chiu Hsin-Yi. As a former CFO, her appointment as a corporate director is expected to strengthen the group's management decision-making and financial governance.
Looking ahead to the full year of 2026, Bafang Yunji reported that its Q1 EPS was NT$3.56, a record high for a single quarter since listing. Cumulative consolidated revenue for the first five months was NT$3.82 billion, a 6.56% increase year-on-year, also a record high for the same period. In Taiwan, the company will continue its strategy of closing underperforming stores and focusing on strong ones, targeting a net increase of 30 stores for the year. In the US, the company is pursuing a three-track expansion in California, Texas, and Arizona, aiming for a total of over 20 stores for the year. Three stores in Texas are already in the signing stage. (Editor: Pan Yi-Jing) 1150611
FAQ
What was Bafang Yunji's revenue for 2025?
NT$8.791 billion, a 9.51% increase year-on-year.
Which founding members retired in this board election?
Vice Chairman Lin Ming-Zhe and former General Manager Chang Jui-Lien.
What are the US expansion plans for 2026?
To exceed 20 total stores across California, Texas, and Arizona.