沪上阿姨，申请上市！

Core Viewpoint - The company "沪上阿姨" has submitted its IPO application to the Hong Kong Stock Exchange after opening 7,297 stores in 10 years, becoming the fourth largest fresh tea beverage network in China [1][4]. Company Summary - "沪上阿姨" is preparing for an IPO, following other fresh tea brands like "茶百道" and "古茗控股" [3]. - As of September 30, 2023, the company has 7,297 stores, with 99.3% (7,245 stores) operated by franchisees [4]. - The company reported a profit of 324 million yuan for the first three quarters of 2023, a year-on-year increase of 12.8% [4][5]. - The company has expanded rapidly since its first store opened in 2013, initially selling grain milk tea and later introducing fresh fruit tea in 2019 [4]. - "沪上阿姨" operates under three brands: "沪上阿姨," "沪咖," and "轻享版," offering a variety of healthy beverages made from quality ingredients [4]. Financial Performance - In 2023, the company achieved a revenue of 2.535 billion yuan for the first nine months, compared to 1.645 billion yuan in the same period of 2022, marking a significant growth [5]. - The gross profit for the first nine months of 2023 was 790 million yuan, up from 433 million yuan in 2022 [5]. - The company completed a Series B financing round of 230 million yuan in July 2023 and a Series C round of 121.5 million yuan in February 2024 [5]. Industry Overview - The new tea beverage market in China reached a scale of 103.8 billion yuan in 2022, with a growth rate of 3.49% year-on-year [6]. - The market is expected to exceed 200 billion yuan by 2025, indicating significant growth potential [6]. - The number of new tea beverage stores in China has increased to approximately 515,000 as of August 2023, a growth of over 36% since the end of 2020 [7]. - The beverage industry is influenced by consumer spending power, with stable GDP growth and rising disposable income providing a favorable environment for market expansion [7].