China's weak economy has led to sluggish private consumption, which has severely impacted the catering industry. In addition to Beijing's Din Tai Fung announcing the closure of 14 branches in North China and Xiamen, high-end ramen restaurants that were once popular in China are facing unprecedented difficulties. In the first half of the year, nearly 30,000 registered noodle restaurants closed.

In the first half of this year, a wave of noodle shops in China closed down, mainly due to consumption downgrades and changes in the consumption habits of the middle class and white-collar workers.

According to multiple media reports, the well-known ramen chain, Ajisen Ramen, which is regarded as the "ancestor" of high-end noodle shops in China, was the first to be affected. The financial report just released for the first half of this year showed that it turned from profit to loss again, with a net loss of 20 million yuan (3.65 million Singapore dollars). The stock price in Hong Kong stocks even experienced a straight-line collapse, with a drop of 22% at one point. Ajisen Ramen said that the decline in customer flow and negative growth in store sales were the main reasons for the company's losses.