The Golden Jaguar buffet restaurant chain has closed its Yan’an Road W. operation in Shanghai, along with other outlets, leaving diners who bought prepaid cards and staff workers who haven’t been paid in the lurch. More than 10 workers at the Yan’an Road W. outlet said they had not been paid for three months, and prepaid card buyers of the restaurant said they have been left in the dark, Shanghai Daily found…Full Article: ECNS.cn July 2017

Key Points

  • On 19 June 2017, Golden Jaguar’s Yan’an Road W. restaurant in Shanghai closed. Recently, all four of the restaurant’s Beijing locations also closed.
  • In 2003, Golden Jaguar, a high-end buffet, opened its first restaurant in Shanghai. The buffet chain expanded to 26 restaurants nationwide, but this number dropped to ~13 restaurants by the end of 2016.

ChinaAg Comment

  • Founded in 2003 and headquartered in Shanghai, Golden Jaguar Group manages high-end buffet eateries at set prices.  The company had expanded beyond Shanghai into Beijing, Taiyuan (Shanxi Province), Wuxi (Jiangsu Province), Harbin (Heilongjiang Province), Shenyang (Liaoning Province), and Hohhot (Inner Mongolia Region).

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