WANT WANT CHINA (00151.HK) +0.030 (+0.917%) Short selling $9.62M; Ratio 26.197% Chairman Tsai Eng-meng recently issued "A Letter to All Want Want Employees", mentioning that the group's results and profit for 1Q26 ended June failed to meet expectations, and expressing hope that all employees will attach great importance to the company's major operational crisis.

He pointed out that the difficulties currently faced by Want Want had been anticipated several years ago, as the company had enjoyed nearly 30 years of prosperity without achieving innovation and transformation.

Therefore, when the market underwent dramatic changes in recent years, Want Want's methods of cooperation with distributors and customers failed to keep pace with the times for many years, resulting in customer losses and a year-by-year decline in profits from operating Want Want products.

The current difficulties are the consequence of the group's conservatism and inertia over the past few years, as well as its failure to take timely corrective actions, he said. Therefore, the company must genuinely reflect on itself instead of blaming the market, customers, or the broader environment.

He also underscored that executives who are unable to make contributions should be eliminated. What the group now needs are Want Want employees who can contribute and deliver results, while those without output or achievements will need to be eliminated.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-08-13 16:25.)