据港交所10月9日披露，东鹏饮料（605499）(集团)股份有限公司(简称：东鹏饮料(605499.SH))向港交所主板 提交上市申请书，华泰国际、摩根士丹利、瑞银集团为联席保荐人。该公司曾于2025年4月3日向港交所递交 过上市申请。 招股书显示，东鹏饮料是中国第一的功能饮料企业，收入增速在全球前20大上市软饮企业中位列第一。根据 弗若斯特沙利文报告，按销量计，东鹏饮料在中国功能饮料市场自2021年起连续4年排名第一，市场份额从 2021年的15.0%增长到2024年的26.3%。按零售额计，东鹏饮料是2024年第二大功能饮料公司，市场份额为 23.0%，领先地位持续夯实。 历经30余年深耕，东鹏饮料持续为消费者提供可口、高质价比的饮料产品，成功塑造了备受消费者喜爱、拥 有国民级影响力的"东鹏"品牌。夯实功能饮料行业领导地位的同时，公司也持续进行产品创新迭代、拓展多 元化的品类布局。东鹏饮料已建立起覆盖全国的立体化销售网络，截至2025年6月30日，覆盖全国超过420 万家终端销售网点，实现中国近100%地级市覆盖。 围绕供应链、生产基地、渠道合作伙伴和终端消费者，东鹏饮料搭建起全流程、多层次、一体化的数字 ...

Company Overview - Dongpeng Beverage Group Co., Ltd. has submitted a listing application to the Hong Kong Stock Exchange, with Huatai International, Morgan Stanley, and UBS serving as joint sponsors [1] - Dongpeng Beverage is recognized as the leading functional beverage company in China, with the fastest revenue growth among the top 20 listed soft drink companies globally [3] Market Position - Dongpeng Beverage has maintained the number one position in the Chinese functional beverage market for four consecutive years since 2021, increasing its market share from 15.0% in 2021 to 26.3% in 2024 [3] - By retail value, Dongpeng Beverage is projected to be the second-largest functional beverage company in 2024, holding a market share of 23.0% [3] Financial Performance - The company's revenue for the fiscal years 2022, 2023, 2024, and the first half of 2025 was approximately RMB 8.5 billion, RMB 11.26 billion, RMB 15.83 billion, and RMB 10.73 billion respectively [5][6] - The total comprehensive income for the same periods was approximately RMB 1.43 billion, RMB 2.06 billion, RMB 3.36 billion, and RMB 2.35 billion [6] Industry Insights - The retail value of China's soft drink industry is expected to reach approximately RMB 1.3 trillion in 2024, making it the second-largest soft drink market globally [5] - The functional beverage segment is the fastest-growing sector, with a compound annual growth rate (CAGR) of 8.3% from 2019 to 2024, surpassing the overall soft drink market growth of 4.7% during the same period [5] Operational Strategy - Dongpeng Beverage employs a refined channel management strategy and a unique "product + service" model, supported by a sales team of over 7,000 [4] - The company has established a comprehensive digital operation system that enhances sales growth, decision-making accuracy, and cost efficiency, connecting with over 250 million consumers and more than 4.2 million retail outlets [4]

8月28日晚，海尔智家（600690）发布了2025半年报。财报显示，2025年上半年，海外收入增长11.66% 全面领跑。 同时，数据显示"后易"市场正在通过四大布局全面加速拓展市场。首先是加速本土化产品创新，即以本 土用户为中心企划适合当地的产品，而且是市场引领的产品，严谨的产品迭代路径确保上市即引爆;其 次是加快产能的建设和渠道的布局，目前正加速推进埃及生态园二期冰箱等工厂建设，泰国空调工业园 项目已成功试产，新增产能600万台;第三是加速终端零售数字化转型，以泰国市场为例，已经实现一千 多家门店上平台，实现了100%零售系统是通过海尔的平台向外的，全面提升用户体验和经营效率;最后 是加速新机会寻找培育，择机并购整合，2024年收购南非Kwikot后有效整合其分销网络与客户基础，并 持续在新兴市场寻找优质标的扩大市场占有率。 海尔智家在海外市场实施的"先难后易"战略，就是先进入发达国家创牌，在实现引领后再以高屋建瓴之 势进入新兴市场。从半年报披露的数据看，海尔智家在北美、欧洲等发达市场持续跑赢行业。同时，在 新兴市场的增速更为显著，譬如在南亚增长32.47%，东南亚增长18.29%，中东非增长65.42 ...