Michelin Guide: Shenzhen joins Guangzhou with 176 selected establishments
The Clermont-based group unveiled a joint selection at the Grand Hyatt Shenzhen bringing together two Chinese cities, marking Shenzhen's entry into the territory covered by its gastronomic guide. This initiative extends the restaurant recommendation activity that Michelin has been developing in Guangdong province since 2018.
Michelin unveiled on August 21, 2026 the first joint selection of the Michelin Guide Guangzhou | Shenzhen 2026. This edition welcomes Shenzhen as a new destination, alongside Guangzhou, a city featured in the Guide since 2018.
The expanded selection comprises 176 establishments, including 5 two-Michelin-starred tables, 22 one-starred addresses, 73 Bib Gourmand and 76 recommended restaurants. For its inaugural vintage, Shenzhen brings 59 restaurants, including 7 starred tables.
According to Gwendal Poullennec, International Director of the Michelin Guide, the initiative is part of a commitment to "continue exploring the Greater Bay region" and discovering new addresses throughout the province.
Four individual awards presented, including a Chef Mentor Prize
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The ceremony was an opportunity to present four individual awards. The inaugural Michelin Chef Mentor Prize of Guangdong province was awarded to Jinghui Huang, chef of the two-Michelin-starred restaurant Jiang by Chef Fei in Guangzhou.
The other distinctions include the Young Chef Prize, awarded to Chunghan Hou (La Lune, Shenzhen), the Service Prize, presented to Lianxiang Qin (Yue Yan, Guangzhou), and the Sommelier Prize, presented to Herry He (Chaleur, Guangzhou).
This communication falls under the activity of the Michelin Guide, one of the components of the restaurant and hotel recommendation services developed by the group, whose core business remains tires and components for mobility and industry.
SectorAutomobile et mobilité›Équipementiers automobiles
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Context
Period
Period: 9M 2026
Key reported figures
Revenue: 19 175 millions d'euros
Quarterly revenue: 19 175 millions d'euros
Revenue growth: -0,5 %
Guidance from the release
Michelin confirms its full-year guidance, targeting growth in segment operating income at iso-forex and iso-scope compared with 2025, and over €1.6 billion in free cash flow before M&A.
Risks mentioned
Faiblesse persistante de la Première monte, qui fait reculer les volumes pneumatiques du Groupe de 0,8 % à fin septembre, en particulier en Tourisme Camionnette en Europe et en Amérique du Nord (en Chine, les ventes du Groupe progressent sur un marché en recul de 7 %)
Concurrence des pneumatiques importés à bas prix, notamment d'Asie, qui pèse sur les marques Tier 2 en Amérique du Nord, Tier 3 dans les principales régions et sur le Poids lourd en Amérique du Sud
Faiblesse persistante des Convoyeurs, liée à la prudence des clients miniers en matière de dépenses et à la faiblesse du marché du minerai de fer, notamment en Australie
Opportunities identified
Expansion de Polymer Composite Solutions soutenue par les acquisitions de Cooley Group, Flexitallic et TexTech en 2026 (chiffre d'affaires +21,9 % publié, -2,7 % hors effet de périmètre à cause des Convoyeurs)
Activité Mines en croissance, avec des gains de parts de marché, qui compense la pression sur le Hors-la-route (segment Spécialités -0,9 % publié, +0,4 % à périmètre comparable)
Dynamique positive de la marque MICHELIN en Remplacement avec volume de +4% en fin septembre
Outlook / guidance
Management commentary: Michelin confirms its full-year guidance, targeting growth in segment operating income at iso-forex and iso-scope compared with 2025, and over €1.6 billion in free cash flow before M&A.
The information presented in this article is provided for informational purposes only and does not constitute an investment recommendation, an incentive to buy or sell a financial asset, or investment advice. Readers are invited to conduct their own research before making any decision.
Investments in the stock market involve risks, including the risk of capital loss. Past performance of an asset or market is no guarantee of future results. Any investment decision should be made taking into account your personal financial situation, objectives and risk tolerance.
