Core Viewpoint - Green Tea Group is set to launch its IPO with an expected market capitalization of HKD 48.42 billion, aiming to raise over HKD 1.2 billion through the issuance of 168,364,000 shares at an offering price of HKD 7.19 per share [2]. Group 1: IPO Details - The IPO process for Green Tea Group commenced today and will conclude on the 13th, with plans to list on the Hong Kong Stock Exchange under the stock code "6831" on May 16, 2025 [2]. - The IPO includes 16,836,400 shares for public offering in Hong Kong and 151,527,600 shares for international offering [2]. - Eight cornerstone investors have committed approximately USD 87.33 million, with notable subscriptions from companies like Ziyuan Food, Charoen Pokphand Foods, and Huabao [2]. Group 2: Company Growth and Market Position - Green Tea Group opened its first restaurant in 2008 and has expanded to 493 restaurants across 21 provinces, four municipalities, two autonomous regions, and Hong Kong as of April 28, 2024 [3]. - The company ranks third in terms of the number of restaurants and fourth in revenue among casual Chinese dining brands in mainland China for 2024 [3]. Group 3: Financial Performance - The total number of restaurants increased from 276 at the end of 2022 to 465 by the end of 2024, reflecting a compound annual growth rate of 29.8% [4]. - In 2024, Green Tea Group opened 120 new restaurants and plans to open 150, 200, and 213 new restaurants in 2025, 2026, and 2027, respectively [4]. - The average customer spending (客单价) decreased from RMB 62.9 in 2022 to RMB 56.2 in 2024, while the table turnover rate (翻台率) showed fluctuations over the same period [4]. - Revenue figures for 2022, 2023, and 2024 were RMB 2.375 billion, RMB 3.589 billion, and RMB 3.838 billion, respectively, with net profits of RMB 0.17 billion, RMB 0.296 billion, and RMB 0.35 billion [4].
绿茶餐厅今起招股：获紫燕、正大等8733万美元基石认购，计划募集超12亿港元
IPO早知道·2025-05-08 00:48