首日开盘涨超80%，港股“高端中国茶第一股”诞生

Core Viewpoint - Baima Tea Co., Ltd. officially listed on the Hong Kong Stock Exchange, becoming the first high-end Chinese tea stock, showcasing the capital vitality of regional consumer enterprises [1][3]. Group 1: Company Performance - On its debut, Baima Tea's stock surged by 86.7%, reaching HKD 93.35, with a market capitalization exceeding HKD 79.35 billion [3]. - The IPO set a new record for tea companies in Hong Kong, with public offerings oversubscribed by over 2,600 times and total subscription funds exceeding HKD 120 billion [3]. Group 2: Company Background - Baima Tea's roots trace back to the establishment of Shenzhen Xiyuan Tea Co., Ltd. in the 1990s, evolving from a single store in Luohu to a national chain with 3,716 stores, the largest in the country [3]. - The company has successfully modernized traditional tea production by integrating technology throughout its supply chain, creating a smart system that includes smart tea gardens, factories, and supply chains [3]. Group 3: Future Plans - The company plans to use the funds raised for expanding production bases, upgrading its brand, optimizing stores, enhancing digital capabilities, and pursuing industry acquisitions, aiming to add 1,500 new stores in the next three to five years [4]. - International expansion is a key focus, with plans to prioritize Southeast Asia and countries involved in the Belt and Road Initiative before entering mainstream markets in Europe and the U.S. [4].