Zhitong
2024.01.09 10:03
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Understanding the IPO Prospectus of Moxi Ice City with One Picture

According to the prospectus of Migu Bingcheng, as the leading domestic and second-largest global made-to-order beverage company, as of September 30, 2023, Migu Bingcheng's franchised store network has exceeded 36,000 stores, covering 11 countries in China and overseas. In the first nine months of 2023, Migu Bingcheng's store network achieved a total cup volume of approximately 5.8 billion cups. The economic benefits have also steadily improved, with the company's operating income increasing by 31.2% YoY from RMB 10.351 billion in 2021 to RMB 13.576 billion in 2022, and achieving revenue of RMB 15.393 billion from January to September 2023.

Zhitong App has learned that according to the prospectus of HEYTEA, as the first domestic and second global made-to-order beverage company, as of September 30, 2023, HEYTEA has a franchise network with over 36,000 stores, covering 11 countries in China and overseas. In the first nine months of 2023, HEYTEA's store network achieved a total cup volume of approximately 5.8 billion cups. The economic benefits have also steadily improved, with the company's operating income increasing by 31.2% YoY from RMB 10.351 billion in 2021 to RMB 13.576 billion in 2022, and achieving revenue of RMB 15.393 billion from January to September 2023.