八马茶业再次递表港交所

Company Overview - Baima Tea has submitted a listing application to the Hong Kong Stock Exchange, with Huatai International, Agricultural Bank of China International, and Tianfeng International as joint sponsors [1] - The company is a leader in the high-end tea market in China, projected to be the top seller in the high-end Chinese tea sector in 2024 [1] - As of June 30, 2025, Baima Tea has a total of 3,585 retail stores across the country [1] Market Insights - The overall Chinese tea market is expected to reach approximately 325.8 billion RMB in 2024, with a forecasted growth to 407.9 billion RMB by 2029, reflecting a compound annual growth rate (CAGR) of about 4.6% [1] - The high-end tea market in China is experiencing stronger growth, with an estimated market size of around 103.1 billion RMB in 2024, projected to increase to 135.3 billion RMB by 2029, indicating a CAGR of approximately 5.6% [1] Market Position - Baima Tea's market share in the high-end tea segment has increased from 1.1% in 2020 to 1.7% in 2024 [1]