BANU INTERNATIONAL HOLDING LTD Refiles HKEX Listing Application for the Third Time, Aiming to Become the First Hot Pot Stock Listed in Hong Kong

NewTimeSpace · 2026/06/18 09:14 · By Mingzhe Sun

NewTimeSpace News: BANU INTERNATIONAL HOLDING LTD submitted its third listing application to the Hong Kong Stock Exchange on June 17, with CICC and CMBI International acting as joint sponsors. According to Frost & Sullivan, measured by revenue, the Company ranked as the top brand in China’s premium hot pot market in 2025 with a market share of approximately 3.6%, and the second-largest brand in China’s overall hot pot market with a market share of roughly 0.4%. As of the latest practicable date, the Company’s direct-operated store network spans 57 cities nationwide with 200 outlets, representing a 132.6% increase compared with the beginning of 2023.

NewTimeSpace News: BANU INTERNATIONAL HOLDING LTD refiled its listing application with the Hong Kong Stock Exchange for the third time on 17 June 2026, with China International Capital Corporation and China Merchants Bank International serving as joint sponsors.

The Company is China’s leading premium hot pot brand. Adhering to the business philosophy of product-centric development, it pursues differentiated market positioning, with tripe and mushroom soup as its signature offerings. Per Frost & Sullivan data based on revenue, the Company secured the top position in China’s premium hot pot market in 2025, capturing around 3.6% market share, and ranked second across China’s entire hot pot industry with a market share of approximately 0.4%.

As of the latest practicable date, the Group’s self-operated BANU stores cover 57 cities across China, totalling 200 outlets, which marks a 132.6% surge versus the 86 stores at the start of 2023. At the end of each financial year during the track record period, the number of direct-operated outlets rose sequentially from 111 to 144 and further to 180. In addition, the Company operates five comprehensive central kitchens integrating production and logistics, plus one specialized hot pot base manufacturing plant, with business footprints covering 14 provinces and municipalities nationwide.

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BANU INTERNATIONAL IPO file a listing application