八马茶业拟全球发售900.00万股 10月20日起招股

Core Viewpoint - The company, Eight Horses Tea (06980.HK), is planning a global offering of 9 million shares, aiming to raise approximately HKD 428 million for various expansion and operational purposes [1] Group 1: Share Offering Details - The global offering consists of 900,000 shares for Hong Kong and 8.1 million shares for international investors [1] - The subscription period is from October 20 to October 23, with a maximum offer price of HKD 50 per share [1] - The entry fee for investors is approximately HKD 5,050.43 for a minimum lot of 100 shares [1] Group 2: Fundraising Purpose - The total expected fundraising amount is HKD 428 million, with a net amount of HKD 368 million after expenses [1] - The funds will be used for expanding production facilities and building new ones [1] - Additional uses include enhancing brand value, expanding the product portfolio, funding the expansion of the company's offline store network, improving digital operations, and potential acquisitions in the Chinese tea industry [1] Group 3: Financial Performance - The company's net profits for the fiscal years 2023, 2024, and the first half of 2025 are projected to be CNY 206 million, CNY 224 million, and CNY 120 million, respectively [2] - Year-on-year changes in net profit are expected to be 23.92% for 2023, 8.99% for 2024, and a decline of 18.01% for the first half of 2025 [2] Group 4: Market Position - Eight Horses Tea is recognized as 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] - The company is noted as the most well-known tea brand in China [1]