Auntea Jenny, the Chinese tea chain, has been set for Hong Kong's IPO, according to Auntea Jenny.

We'll be able to buy a wave of chinese tea chains on the nasdaq before () launched its ipo on the nasdaq, and it seems we'll be celebrating the fourth "new-style chinese" teas.

The company was founded in 2013 in shanghai, the "modern oriental" tea chain, and it was announced on april 23 that it had passed the stock hearing at hkex, one step closer to being publicly listed.

Auntea jenny's latest financial results have been encouraging, as well as 2024, where it auntea jenny's adjusted net income increased from 154 million rmb (21.13 million usd) in 2022 to 2024. in 2023 and 418 million rmb (57.09 million usd) respectively, the chain's net profit margin was at its highest level in 2023, down from mixue's 15.9%, goodme's 17.4%, and chapanda's 22%, with the chain's 2023 rmb (57.09 million usd) down from 2023 to 418 million rmb (57.36 million usd) down from 2023 to 418 million rmb (57. gross merchandise value (gmv) - auntea jenny is the fastest-growing brand out of the top 5 tea chains, with 9,176 outlets as of december 20, 2024, 99% of which are operated by franchisees.

With competition in lower-tier cities and fierce price wars, many franchises are already struggling, as well as huge opportunities for "healthy" and "serious" growth and saturation in china, with that.

With auntea jenny's ipo as the fourth tea chain ipo in the country, it could be a sign of a paradigm shift in the industry.

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