Eastroc Beverage(SH:605499) 智通财经网·2025-10-09 00:21Company Overview - Dongpeng Beverage Group Co., Ltd. has submitted a listing application to the Hong Kong Stock Exchange, with Huatai International, Morgan Stanley, and UBS serving as joint sponsors [1] - Dongpeng Beverage is recognized as the leading functional beverage company in China, with the fastest revenue growth among the top 20 listed soft drink companies globally [3] Market Position - Dongpeng Beverage has maintained the number one position in the Chinese functional beverage market for four consecutive years since 2021, increasing its market share from 15.0% in 2021 to 26.3% in 2024 [3] - By retail value, Dongpeng Beverage is projected to be the second-largest functional beverage company in 2024, holding a market share of 23.0% [3] Financial Performance - The company's revenue for the fiscal years 2022, 2023, 2024, and the first half of 2025 was approximately RMB 8.5 billion, RMB 11.26 billion, RMB 15.83 billion, and RMB 10.73 billion respectively [5][6] - The total comprehensive income for the same periods was approximately RMB 1.43 billion, RMB 2.06 billion, RMB 3.36 billion, and RMB 2.35 billion [6] Industry Insights - The retail value of China's soft drink industry is expected to reach approximately RMB 1.3 trillion in 2024, making it the second-largest soft drink market globally [5] - The functional beverage segment is the fastest-growing sector, with a compound annual growth rate (CAGR) of 8.3% from 2019 to 2024, surpassing the overall soft drink market growth of 4.7% during the same period [5] Operational Strategy - Dongpeng Beverage employs a refined channel management strategy and a unique "product + service" model, supported by a sales team of over 7,000 [4] - The company has established a comprehensive digital operation system that enhances sales growth, decision-making accuracy, and cost efficiency, connecting with over 250 million consumers and more than 4.2 million retail outlets [4]