Group 1 - The company, Baima Tea (06980), plans to conduct a global offering of 9 million H-shares from October 20 to October 23, 2025, with a price range of HKD 45-50 per share [1] - Baima Tea is positioned as the largest high-end tea supplier in China for 2024, leading in sales volume in the high-end Chinese tea sector and recognized as a well-known tea brand [1] - The company ranks first in the number of tea chain specialty stores in China and leads in sales revenue in the high-end tea market, as well as in the Oolong and black tea markets [1] Group 2 - The net proceeds from the global offering are estimated to be approximately HKD 368 million, assuming a median offering price of HKD 47.5 per share [2] - Approximately 35% of the net proceeds will be allocated to expanding and constructing new production bases, including upgrades to existing facilities in Wuyishan and Anxi, and establishing a new base in Yunnan [2] - About 20% of the proceeds will be used to enhance brand value and expand the product portfolio, with a focus on marketing initiatives and new product development [2]
八马茶业10月20日至10月23日招股 拟全球发售900万股H股 预计10月28日上市
Zhi Tong Cai Jing·2025-10-20 00:10