China’s “first functional beverage stock. Dongpeng Beverage, which has already been list on the A-share market, will be list in Hong Kong next year?
Recently, there have been reports that Dongpeng. Beverage is seeking to be list in Hong Kong in 2025, with the fundraising amount expect to be up to US$1 billion (approximately HK$7.8 billion), and is currently recruiting banks to handle the process.
Image source: Weibo screenshot
1. China’s “first functional beverage stock” to be list in Hong Kong?
According to the official website. Dongpeng Beverage focuses on providing consumers with high-quality healthy drinks and is committ. To becoming China’s leading multi-category beverage group. It has 12 production bases in Guangdong, Guangxi, Anhui, Chongqing and other places, with a production capacity of more than 3.35 million how to build phone number list tons/year, and 2,982 distributors covering 33 provincial-level administrative Dongpeng Special Drink regions and 333 prefecture-level administrative regions across the country. It has won the “Top 25 Global Soft Drink Brand Value”, “Kantar BrandZ Top 100 Most Valuable Chinese Brands”, and “Hurun China Food Industry Top 100”. At present, in addition to Dongpeng Special Drink, Dongpeng Beverage also has many products such as Boshuila, Pengyou Shangcha, Dongpeng Daka, VIVI Cocktail, etc.
As a well-known domestic functional beverage brand
Dongpeng Beverage has also perform well convin helps bpo call center operators in the past two years. The financial report shows that in the past four years, Dongpeng Beverage’s total revenue and net profit have increas year-on-year. In 2023, its total revenue and net profit exce 10 billion yuan and 2 billion yuan respectively, setting a record high. The relatively outstanding performance may add a boost to Dongpeng Beverage’s listing in Hong Kong.
Image source: Baidu screenshot
It is worth mentioning that Dongpeng Beverage has Dongpeng Special Drink been list on the A-share market before. In 2021, Dongpeng Beverage land on the Shanghai Stock Exchange and became the “first functional beverage stock” in China. In 2022, Dongpeng Beverage cayman islands lists issu an announcement stating that the company plans to plan to issue global depositary receipts (Global Depository Receipts) overseas and list on the Swiss Stock Exchange. However, at the beginning of this year, Dongpeng Beverage terminat its Swiss listing plan on the grounds of “changes in objective factors such as internal and external environment.” First it was Switzerland, and now there is news of listing in Hong Kong. Why does Dongpeng Beverage insist on listing overseas or in Hong Kong?