09980 東鵬飲料
EASTROC
EASTROC
| Register Close | 2026/01/29 IPO Closing Today |
| Listing Date | 2026/02/03 |
|
|
|
|
|
|
|
|
|
|
IPO Detail
COMPANY PROFILE
Eastroc Beverage (Group) Co. is the largest functional beverage company in China, with the fastest revenue growth among the world’s top 20 listed soft beverage companies. According to the report, the Group has been the largest functional beverage company in China in terms of sales volume for four consecutive years since 2021, with its market share increasing from 15% in 2021 to 26.3% in 2024, and the second largest functional beverage company in terms of retail sales in 2024 with a market share of 23%.
--
The Group continues to provide value-for-money beverages, establishing Eastroc as a beloved brand with nationwide consumer recognition. Eastroc Super Drink has become a ten-billion-RMB bestseller in terms of retail sales in China. Its product portfolio includes energy beverages, sports beverages, tea beverages, coffee beverages, plant-based protein beverages, fruit and vegetable juice beverages, and other beverage products.
--
The Group has built a nationwide, omni-channel sales network. As of September 30, 2025, the Group’s sales network spanned over 4.3 million POS nationwide, covering nearly 100% of prefecture-level cities, and it had engaged efficiently with over 280 million consumers based on unique code scans, over 4.3 million POS, and over 3,200 distribution partners.
BASIC INFORMATION
| Market | Hong Kong (Main Board) |
| Business Nature | Food & Beverages |
| Major Business Area | China |
| Board Lot | 100 |
GLOBAL OFFERING
| No. of Offer Shares | 40.89M H shares |
| No. of International Offer Shares | 36.80M H shares |
| No. of HK Offer Shares | 4.09M H shares |
| Offer Price | $248.00 |
| Stock Code | 9980 |
| Sponsor(s) | UBS Securities Hong Kong Limited, Morgan Stanley Asia Limited, Huatai Financial Holdings (Hong Kong) Limited, UBS AG Hong Kong Branch |
| Underwriter(s) | Huatai Financial Holdings (Hong Kong) Limited, Morgan Stanley Asia Limited, UBS AG Hong Kong Branch |
TIME TABLE
| Application Period | Jan 26 (Mon) - noon, Jan 29 (Thu) |
| Price Determination Date | Jan 30 (Fri) |
| Result Announcement Date | On or before Feb 02 (Mon) |
| Result Announcement Date | On or before Feb 02 (Mon) |
| Result Announcement Date | On or before Feb 03 (Tue) |
| Dealings in Shares commence on | Feb 03, 2026. (Tue) |
Reallocation of Shares Offered
Sales Statistics (HKD)
| Offer Price | $248.00 |
| Capitalization | 166.39B |
| NAV / share ($) | $35.25 (Unaudited pro forma adj NAV / share) |
Use Of Proceeds
| Assuming the offer price being at HKD 248.00, the net proceeds raised would be HKD 9.99B, of which |
| 36% : Enhancing production capacity and upgrading supply chain |
| 15% : Enhancing brand building and consumer engagement to continuously strengthen brand influence |
| 11% : Advancing nationwide expansion strategy |
| 12% : Overseas business expansion |
| 10% : Advancing digitalization capabilities across full cycle of business |
| 6% : Enhancing product development capabilities and expanding product portfolio |
| 10% : Working capital |
Related Document
| Prospectus |  Chinese Version | English Version |
| Remark： | The above information is referenced from the prospectus. |
| All data is calculated from the non- exercise rights(if applicable). |
Name︰
--
--
--
Subscription --
Result Announcement --
Listing --Offer Price︰--
| Currency | : |
| Listing Price | : |
| Board Lot | : |
| Admission Fee* |
: |
| Subscribing Lot | : |
| Subscribing Fee | : |
| Subscribing Amount | : |
*Admission fees include brokerage of 1%, SFC transaction levy of 0.0027%, Stock Exchange trading fee of 0.005% and FRC transaction levy of 0.00015% (i.e. 1.0077% in total).