Core Insights - Super Hi International Holding Ltd. reported its unaudited financial results for Q4 and the full year of 2025, highlighting growth in revenue and operational metrics despite challenges in operating margins [1][4][6]. Fourth Quarter 2025 Highlights - Revenue for Q4 2025 was US$230.0 million, a 10.2% increase from US$208.8 million in Q4 2024 [6][7]. - Haidilao restaurant's revenue grew by 6.0% year-over-year, with same-store sales rising by 2.3% [4][14]. - The overall average table turnover rate improved to 4.0 times per day, up from 3.9 times per day in Q4 2024 [6][10]. - The company opened 3 new Haidilao restaurants and closed 3, resulting in a net increase of 4 restaurants, totaling 126 as of December 31, 2025 [6][10]. Full Year 2025 Highlights - Total revenue for 2025 reached US$840.8 million, an 8.0% increase from US$778.3 million in 2024 [13][19]. - Revenue from Haidilao restaurant operations was US$790.0 million, reflecting a 5.7% increase from US$747.3 million in 2024 [13][19]. - The overall average table turnover rate for the year was 3.9 times per day, compared to 3.8 times per day in 2024 [13][18]. - The company reported a profit of US$36.3 million for the year, a significant increase of 69.6% from US$21.4 million in 2024, primarily due to a net foreign exchange gain [19][20]. Operational Performance - The total number of guest visits in 2025 exceeded 32.0 million, a 7.0% increase from 29.9 million in 2024 [6][19]. - The restaurant level operating margin for 2025 was 8.7%, down from 10.1% in 2024, attributed to strategic investments in employee incentives and enhanced customer experiences [5][18]. - Staff costs for the year were US$285.4 million, a 10.1% increase from US$259.3 million in 2024, reflecting the expansion of the restaurant network and increased guest visits [17][18]. Revenue Breakdown - Revenue from the delivery business in 2025 was US$19.0 million, a 68.1% increase from US$11.3 million in 2024, driven by optimization of delivery services [24]. - Revenue from other business segments reached US$31.8 million, a 61.4% increase from US$19.7 million in 2024, largely due to the popularity of Haidilao-branded products [24]. Restaurant Network Expansion - As of December 31, 2025, the company operated 126 Haidilao restaurants across 14 countries, marking a strategic expansion in its international footprint [44]. - The company continues to focus on enhancing its brand influence and diversifying its revenue streams through initiatives like the "Pomegranate Plan" [5][24].

Company Overview - Super Hi International Holding Ltd. operates Haidilao hot pot restaurants internationally, recognized as a leading Chinese cuisine brand [4] - Haidilao has a rich history dating back to 1994 in Sichuan and has grown to become one of the largest Chinese restaurant brands globally, known for its unique dining experience and exceptional service [4] - As of September 30, 2025, Super Hi had 126 self-operated Haidilao restaurants across 14 countries on four continents [4] Financial Reporting - The company will report its unaudited financial results for the fourth quarter and full year 2025 on March 31, 2026, before the U.S. market opens [2] - An earnings conference call is scheduled for 8:00 AM U.S. Eastern Time on the same day to discuss these financial results [3] Brand Recognition - Haidilao has been ranked among the world's most valuable restaurant brands for seven consecutive years since 2019 and was awarded the title of "World's Strongest Restaurant Brand" for 2024 by Brand Finance [4]

Core Insights - Super Hi International Holding Ltd. reported a 7.8% year-over-year increase in overall revenue for Q3 2025, reaching US$214.0 million compared to US$198.6 million in Q3 2024 [4][5] - The company achieved a 5.1% increase in revenue from Haidilao restaurant operations, totaling US$200.7 million, driven by business expansion and increased brand influence [6] - The income from operations saw a significant quarter-over-quarter growth of 240.5%, increasing by US$8.9 million from the previous quarter, although it decreased by 15.4% year-over-year [9][10] Financial Performance - Total guest visits increased by 9.5% to over 8.1 million compared to 7.4 million in the same period last year [5] - Same-store sales rose by 2.3% to US$182.2 million from US$178.1 million in Q3 2024 [5][23] - The income from operations margin improved by 4.0 percentage points from the previous quarter to 5.9%, but decreased by 1.6 percentage points year-over-year [9] Operational Highlights - The company opened two new Haidilao restaurants and closed one due to lease expiration, maintaining a total of 126 restaurants in operation [5][15] - The overall average table turnover rate increased to 3.9 times per day, up from 3.8 times per day in the same period last year [5][18] - Revenue from the delivery business surged by 69.2% to US$4.4 million, attributed to optimized delivery services and strategic marketing collaborations [6] Cost and Expenses - Raw materials and consumables used increased by 8.7% to US$71.2 million, reflecting higher food ingredient costs due to business expansion [7] - Staff costs rose by 7.9% to US$71.0 million, driven by an increase in employee numbers and higher guest visits [8] - The profit for the period significantly decreased to US$3.6 million from US$37.7 million in the same period last year, largely due to a net foreign exchange loss of US$31.7 million [10][11] Strategic Initiatives - The company is focused on enhancing management capabilities and expanding its digital platform to improve operational efficiency [3] - The "Pomegranate Plan" aims to incubate secondary branded restaurants and explore diverse business forms [7] - Super Hi continues to strengthen its brand presence globally, maintaining its status as a leading Chinese cuisine restaurant brand [26]

Core Viewpoint - Super Hi International Holding Ltd. is set to report its unaudited financial results for the third quarter of FY2025 on November 26, 2025, before U.S. market opening [2][3] Company Overview - Super Hi operates Haidilao hot pot restaurants internationally, recognized as a leading Chinese cuisine brand with a history dating back to 1994 in Sichuan [4] - Haidilao has become one of the largest and most popular Chinese cuisine brands globally, known for its unique dining experience, including attentive service and a great ambiance [4] - The brand has been ranked among the world's most valuable restaurant brands for six consecutive years since 2019, earning the title of "World's Strongest Restaurant Brand" for 2024 [4] - As of June 30, 2025, Super Hi had 126 self-operated Haidilao restaurants across 14 countries on four continents, making it the largest Chinese cuisine restaurant brand internationally in terms of the number of countries covered [4]

Core Insights - Super Hi International Holding Ltd. reported a total revenue of US$198.9 million for Q2 2025, marking an 8.5% increase from US$183.3 million in Q2 2024 [4][5] - Same-store sales increased by 5.3% year-over-year, reaching US$170.2 million [5][21] - The company experienced a significant decline in income from operations, which fell by 56.5% to US$3.7 million, with an operating margin of 1.9% compared to 4.6% in the previous year [9][10] Financial Performance - Revenue from Haidilao restaurant operations was US$189.1 million, up 7.3% from US$176.2 million in Q2 2024 [6] - The delivery business revenue surged by 60.9% to US$3.7 million, driven by optimized delivery services and marketing collaborations [6] - Other business revenue increased by 27.1% to US$6.1 million, attributed to the popularity of hot pot condiments and the incubation of secondary branded restaurants [6] Operational Highlights - The company opened 4 new Haidilao restaurants and closed 1 underperforming location, bringing the total to 126 restaurants [5] - The average table turnover rate remained stable at 3.8 times per day, with same-store turnover at 3.9 times [5][17] - Total guest visits increased by 6.9% to over 7.7 million compared to 7.2 million in Q2 2024 [5] Cost Structure - Raw materials and consumables used rose by 9.6% to US$67.6 million, representing 34.0% of revenue, up from 33.7% [7] - Staff costs increased by 12.1% to US$70.3 million, accounting for 35.3% of revenue, compared to 34.2% in the same period last year [8] - The decline in operating income was attributed to increased investment in customer and employee benefits, higher outsourcing fees, and reduced government grants [9] Profitability - The company reported a profit of US$16.4 million for the period, a significant turnaround from a loss of US$0.1 million in Q2 2024 [10] - Basic and diluted net profit per share were both US$0.03, compared to a net loss per share in the same period last year [11] Market Position - Super Hi operates Haidilao restaurants in 14 countries, making it the largest Chinese cuisine restaurant brand internationally by the number of countries covered [25] - The brand has been recognized as one of the world's most valuable restaurant brands for six consecutive years, earning the title of "World's Strongest Restaurant Brand" for 2024 [25]

Company Overview - Super Hi International Holding Ltd. operates Haidilao hot pot restaurants internationally, recognized as a leading Chinese cuisine brand [3] - Haidilao has a rich history since 1994, originating from Sichuan, and has become a cultural phenomenon in the global restaurant industry [3] - As of March 31, 2025, Super Hi has 123 self-operated Haidilao restaurants across 14 countries on four continents, making it the largest Chinese cuisine brand in terms of international presence [3] Financial Reporting - The company will report its unaudited financial results for the second quarter of FY2025 on August 26, 2025, before U.S. market opening [1] - An earnings conference call will be held on the same day at 8:00 AM U.S. Eastern Time to discuss the financial results [2] Brand Recognition - Haidilao has been ranked among the world's most valuable restaurant brands for six consecutive years since 2019 and was awarded the title of "World's Strongest Restaurant Brand" for 2024 by Brand Finance [3]

Core Insights - Super Hi International Holding Ltd. reported a revenue of US$197.8 million for Q1 2025, marking a 5.4% increase from US$187.6 million in Q1 2024 [4][6] - The company focused on customer-centric initiatives and operational adjustments to enhance long-term customer loyalty and engagement [3][6] - The net profit for the period was US$11.9 million, a significant improvement from a loss of US$4.5 million in the same period of 2024, primarily due to reduced foreign exchange losses [10][11] Financial Performance - Revenue from Haidilao restaurant operations was US$188.4 million, up 4.5% from US$180.3 million in Q1 2024, driven by business expansion and increased guest visits [7] - The income from operation was US$8.2 million, down 33.9% from US$12.4 million in Q1 2024, with an operating margin of 4.1% compared to 6.6% in the previous year [9] - Staff costs increased to US$69.8 million, a 9.7% rise from US$63.6 million in Q1 2024, reflecting the expansion of the workforce and enhanced employee benefits [8] Operational Highlights - The total number of Haidilao restaurants increased from 119 to 123, with 4 new openings and 3 closures of underperforming locations [6] - The same-store table turnover rate was 4.0 times per day, a slight increase from 3.9 times per day in Q1 2024, with total guest visits rising by 6.8% year-over-year to over 7.8 million [6][14] - Average spending per guest decreased to US$24.2 from US$24.9 in the same period of 2024 [17] Strategic Initiatives - The company is implementing a "Pomegranate Plan" to diversify product offerings and enhance customer experience through iterative improvements in restaurant design and operational excellence [3][6] - Continued investment in delivery services resulted in a revenue increase of 37.9% to US$4.0 million, supported by expanded delivery networks [7] - The company aims to strengthen workforce cohesion through team-building initiatives and competitive compensation packages [3]

Core Viewpoint - Super Hi International Holding Ltd. will report its unaudited financial results for the first quarter of FY2025 on May 21, 2025, before the U.S. market opens [1][2]. Company Overview - Super Hi operates Haidilao hot pot restaurants internationally, recognized as a leading Chinese cuisine brand with roots in Sichuan since 1994 [3]. - Haidilao has become one of the most popular and largest Chinese cuisine brands globally, known for its unique dining experience, which includes warm service, great ambiance, and delicious food [3]. - The brand has been ranked among the world's most valuable restaurant brands for six consecutive years since 2019 and earned the title of "World's Strongest Restaurant Brand" for 2024 [3]. - As of December 31, 2024, Super Hi had 122 self-operated Haidilao restaurants in 14 countries across four continents, making it the largest Chinese cuisine restaurant brand internationally in terms of the number of countries covered [3].

Core Viewpoint - Super Hi International Holding Ltd. will hold its annual general meeting (AGM) on June 24, 2025, to consider proposed resolutions [1] Company Information - Super Hi operates Haidilao hot pot restaurants, a leading Chinese cuisine brand with a history dating back to 1994 in Sichuan [5] - As of December 31, 2024, Super Hi had 122 self-operated Haidilao restaurants in 14 countries across four continents, making it the largest Chinese cuisine restaurant brand internationally by the number of countries covered [5] - Haidilao has been recognized as one of the world's most valuable restaurant brands for six consecutive years since 2019 and was named "World's Strongest Restaurant Brand" for 2024 by Brand Finance [5] AGM Details - The AGM will be held virtually at 11:00 a.m. Hong Kong Time on June 24, 2025, with voting rights for shareholders recorded as of May 9, 2025 [1][2] - Holders of American depositary shares (ADSs) must submit voting instructions to Citibank, N.A. and cannot attend the AGM in person [2] Financial Reporting - The Company has filed its annual report on Form 20-F for the fiscal year ended December 31, 2024, with the U.S. Securities and Exchange Commission [3] - A Hong Kong annual report for the same period has also been published in accordance with local listing rules [4]

TABLE OF CONTENTS As filed with the Securities and Exchange Commission on May 14, 2024 Registration No. 333-278940 SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 AMENDMENT NO. 2 TO FORM F-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 SUPER HI INTERNATIONAL HOLDING LTD. (Exact name of Registrant as specified in its charter) Not Applicable (Translation of Registrant's name into English) 5812 (Primary Standard Industrial Classification Code Number) Not Applicable (I.R.S. Employer Identif ...