“微醺社交”盛行 年赚超10亿的极物思维要IPO了

Core Viewpoint - The company, 极物思维, is aiming to become the first publicly listed "restaurant and bar" brand in China, leveraging its 112 chain stores across the country and a growing trend of social drinking among adults [2][4]. Group 1: Company Overview - 极物思维, founded in 2016 by 唐伟棠, has developed a unique "restaurant and bar" model, combining Western cuisine with a bar atmosphere, and has established itself as the leading brand in this segment in China [4][5]. - As of September 30, 2025, the company has expanded to 112 stores in 40 cities, with over 90% of its locations in first and second-tier cities [4][10]. Group 2: Financial Performance - The company's revenue is projected to grow from 8.45 billion yuan in 2023 to 10.74 billion yuan in 2024, with net profit increasing from 505.25 million yuan to 539.81 million yuan during the same period [5]. - For the first three quarters of 2025, revenue reached 8.72 billion yuan, a year-on-year increase of 14.19%, while net profit rose by 46.85% to 666.98 million yuan [5]. Group 3: Market Position and Competition - According to a report by Frost & Sullivan, 极物思维 holds the top market share in the restaurant and bar sector, outperforming competitors like 海伦司, which has seen declining revenues and profits [5][6]. - The company faces competition from various segments, including local bars and international restaurant brands, necessitating continuous adaptation and improvement of its offerings [11]. Group 4: Strategic Plans and Expansion - The company plans to use funds from its IPO to expand its store network, enhance digital infrastructure, invest in product development, increase brand awareness, and supplement working capital [13]. - Despite a slowdown in expansion, with only two new stores added in the first three quarters of 2025, the company aims to open 30 to 40 new stores in 2026, focusing on first and second-tier cities [13].