Group 1 - The company "Encounter Small Noodles" has officially launched its global offering in Hong Kong, planning to issue 97.3645 million shares, with an offering price range of HKD 5.64 to HKD 7.04 per share [2] - The expected net proceeds from the offering, assuming a median price of HKD 6.34 and excluding related expenses, is approximately HKD 551.6 million, with 60% allocated for expanding the restaurant network and market penetration [2] - The company has attracted several cornerstone investors, agreeing to subscribe for shares totaling approximately USD 22 million (about HKD 171 million), including participation from Haidilao's Singapore branch [3] Group 2 - Encounter Small Noodles was established in Guangzhou in 2014, specializing in Chongqing noodles and various Sichuan cuisine, with a significant increase in restaurant count from 170 at the end of 2022 to 465 as of November 18, 2023 [3] - The company has adopted a "price for volume" strategy, resulting in a decrease in average order value from RMB 36.2 in 2022 to RMB 31.8 in the first half of 2025 [3] - The company's revenue has shown strong growth, increasing from RMB 418 million in 2022 to RMB 1.154 billion in 2024, with a net profit of RMB 60.7 million projected for 2024 [3] Group 3 - Despite the revenue growth, the company faces challenges with customer traffic, as the overall table turnover rate for direct-operated stores decreased from 3.8 times per day in the previous year to 3.4 times per day in the first half of 2025 [4]
【IPO追踪】获海底捞投资200万美元，遇见小面今起招股