On January 1, 2025, in conserving with documents from The Stock Alternate of Hong Kong, Mixue officially submitted updated checklist application materials to the Hong Kong Stock Alternate, marking the launch of the fresh one year for tea beverage firms going public. The checklist application is jointly sponsored by Bank of The US Merrill Lynch, Goldman Sachs, and UBS Crew, signaling Mixue’s renewed push into the Hong Kong stock market.
In its prospectus (Kapbook), Mixue disclosed several most current alternate knowledge. As of September 30, 2024, by a franchise mannequin, Mixue has over 45,000 stores in 11 worldwide locations in China and out of the country, making it the enviornment’s finest freshly made tea beverage company by retailer count. This huge retailer network accomplished approximately RMB 22.8 billion in retail gross sales income in 2021; RMB 30.7 billion in 2022; RMB 47.8 billion in 2023; and RMB 44.9 billion for the primary 9 months of every body year.
The checklist application displays that within the primary 9 months of 2022, 2023, and 2024, Mixue accomplished revenues of 13.6 billion yuan, 20.3 billion yuan, and 18.7 billion yuan respectively, with one year-on-one year pronounce rates of 31.2%, 49.6%, and 21.2%. In the identical periods, Mixue’s gain earnings had been respectively at 2 billion yuan, 3.2 billion yuan, and 3.5 billion yuan with one year-on-one year pronounce rates of 5.3%, 58.3% and 42 .3%.
It is value noting that here isn’t very any longer the primary time Mixue has submitted an IPO application to The Stock Alternate of Hong Kong. As early as January 2, 2024, Mixue had submitted an IPO application to The Stock Alternate of Hong Kong, however the application later modified into invalid. Moreover, Mixue moreover submitted an A-portion checklist application to the China Securities Regulatory Price in September 2022, but similarly did now not efficiently checklist. On the different hand, Mixue has no longer given up on its idea to enter the capital market and has chosen to proceed seeking breakthroughs within the Hong Kong stock market.
SEE ALSO: Mixue and Goodme Concurrently Post Applications to Hong Kong Stock Alternate
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