Core Viewpoint - The company "Encounter Noodle" is set to launch an initial public offering (IPO) from November 27 to December 2, aiming to issue approximately 97.3645 million H-shares globally, with 10% allocated for public offering in Hong Kong and 90% for international offering, plus a 5% over-allotment option [1] Group 1: IPO Details - The expected price range for each share is between HKD 5.64 and HKD 7.04, with the H-shares anticipated to be listed on December 5, 2025 [1] - Cornerstone investors, including HHLRA, Guotai Junan Securities, Junyi Hong Kong Fund, Shengying Investment, Zeta Fund, and Haidilao Singapore, have committed to subscribe for shares totaling approximately USD 22 million [1] Group 2: Fund Utilization - Assuming a share price of HKD 6.34 and no exercise of the over-allotment option, the net proceeds from the global offering are expected to be around HKD 551.6 million [1] - The allocation of the proceeds includes: 60% for expanding the restaurant network and geographical coverage; 10% for upgrading technology and digital systems; 10% for brand building and enhancing customer loyalty; 10% for strategic investments in potential upstream food processing companies; and 10% for general corporate purposes and working capital [1] Group 3: Company Overview - Encounter Noodle operates as a Chinese noodle restaurant chain, with a presence in mainland China and Hong Kong, comprising 451 restaurants across 22 cities in mainland China and 14 in Hong Kong, with an additional 115 restaurants in preparation for opening [1] - According to Frost & Sullivan data, the company ranks as the fourth largest Chinese noodle restaurant operator in China, holding a market share of 0.5% based on total gross merchandise value in 2024 [1]

门店总数超3000家。 据IPO早知道消息，顶巧餐饮集团计划今年赴港上市。 目前，顶巧餐饮集团旗下拥有德克士、康师傅私房牛肉面、贝瑞咖啡、康师傅全民面馆四大品牌，门 店总数超3000家。 事实上，早在2021年，彭博就已报道称，台湾地区食品公司顶新国际集团计划将其在中国内地的餐 饮业务赴港IPO，预计募资规模约8亿美元。 本文为IPO早知道原创 作者｜Stone Jin 微信公众号｜ipozaozhidao 目前，德克士是顶巧餐饮集团旗下最重要的品牌，现门店数超3000家，其中约85%为加盟店—— 1994年，德克士在中国大陆的第一家餐厅在成都开业；1996年，顶巧餐饮集团完成了对德克士的收 购。 当然，德克士迄今为止与另两大西式快餐品牌的规模尚存一定差距——截至2024年9月30日，肯德 基在中国拥有11,283家门店；截至2024年12月，麦当劳中国内地餐厅超过6700家。 值得注意的是， 港股在2024年年末、2025年年初迎来一波"餐饮连锁上市潮" ： 2024年12月20日，小菜园正式以"0999"为股票代码在港交所主板挂牌上市，现市值超105亿港 元。截至2024年12月5日，小菜园在中国14个省 ...