Company Overview - Yujian Xiaomian has submitted a listing application to the Hong Kong Stock Exchange, with CMB International as the exclusive sponsor [1] - As of October 8, 2025, the company operates 451 restaurants in mainland China and Hong Kong, with an additional 101 restaurants in preparation [1] - The majority of the company's restaurants are located in eastern and southern China, with over half situated in Guangdong Province [1] Industry Insights - According to Frost & Sullivan, the Chinese Chinese noodle restaurant market is expected to accelerate growth, with total merchandise transaction value projected to reach RMB 510 billion by 2029, reflecting a compound annual growth rate (CAGR) of 10.9% from 2025 to 2029 [1] - The market for Chinese noodle restaurants, particularly those featuring Sichuan and Chongqing flavors, is anticipated to grow significantly, with total merchandise transaction value expected to reach RMB 135.7 billion by 2029, and a CAGR of 13.2% from 2025 to 2029, the highest among all regional flavor markets [1] Company Performance - In 2024, Yujian Xiaomian is projected to be the fourth largest operator of Chinese noodle restaurants in China, holding a market share of 0.5% [1] - The company's revenue increased from RMB 418 million in 2022 to RMB 1.154 billion in 2024, representing a CAGR of 66.16% [1]

据港交所10月15日披露，广州遇见小面餐饮股份有限公司(简称：遇见小面)向港交所主板提交上市申请书，招银国际为独家保荐人。 招股书显示，遇见小面是中国一家现代中式面馆经营者，根基建立在重庆小面之上，在中国内地及中国香港均有门店。截至2025年10月8日，遇见小面的餐 厅网络包括中国内地22个城市的440家餐厅及香港特别行政区的11家餐厅。 行业方面，根据弗若斯特沙利文的资料，中国中式面馆市场预期将进一步加速增长，到2029年，总商品交易额将达至人民币5,100亿元，2025年至2029年的 年复合增长率为10.9%。在中式面馆市场中，中国以川渝风味为主的中式面馆市场的总商品交易额预期2029年将达至人民币1,357亿元，2025年至2029年的年 复合增长率为13.2%，在中国不同地域风味的中式面馆市场中年复合增长率最高。 凭借强劲的增长势头，截至2025年10月8日，遇见小面有101家新餐厅处于开业前筹备中。公司的餐厅多位于中国东部及南部，其中超过一半餐厅位于广东 省。根据弗若斯特沙利文的资料，就2024年总商品交易额而言，遇见小面为中国第四大中式面馆经营者，市场份额为0.5%。根据同一的资料，按2024年 ...

Core Viewpoint - The company "Yujian Xiaomian" is a modern Chinese noodle restaurant operator rooted in Chongqing noodles, with a growing presence in mainland China and Hong Kong, indicating strong market potential and expansion plans [3][4]. Industry Overview - The Chinese Chinese noodle restaurant market is expected to accelerate growth, with a projected total merchandise transaction value reaching RMB 510 billion by 2029, reflecting a compound annual growth rate (CAGR) of 10.9% from 2025 to 2029 [3]. - The Sichuan-Chongqing flavored noodle market is anticipated to reach RMB 135.7 billion by 2029, with the highest CAGR of 13.2% among various regional flavors in the Chinese noodle restaurant market [3]. Company Performance - As of October 8, 2025, Yujian Xiaomian operates 440 restaurants in 22 cities across mainland China and 11 in Hong Kong, with 101 new restaurants in preparation [3]. - The number of restaurants has increased by 239.1% from 133 to 451 during the performance record period [4]. - Revenue has grown significantly from RMB 418 million in 2022 to RMB 1.154 billion in 2024, achieving a CAGR of 66.16% [4][6]. - In the first half of 2025, the company reported revenue of RMB 703 million, a year-on-year increase of 33.8%, with expectations to break new highs for the full year [4]. - Profit figures for the fiscal years 2023, 2024, and the first half of 2025 were RMB 45.9 million, RMB 60.7 million, and RMB 41.8 million respectively, with the first half of 2025 showing a year-on-year profit doubling [4][6].