Sichuan Baicha Baidao Industrial Co., Ltd. (Stock code: 2555) has been successfully listed on the Main board of the HKEX on 23 April 2024, the total fund raising size is approximately HK$ 2.6 Billion. 

Sichuan Baicha Baidao Industrial Co Ltd is a China-based company mainly engaged in the development and sales of diversified tea beverage products. The Company's main business is to provide combinations of natural ingredients with Chinese tea drinks through franchisees and focus on the production and sales of tea drinks to customers. The Company operates its own product brand Chabaidao. The Company's products include classic tea drinks typically available throughout the year, and seasonal tea drinks and regional tea drinks only sold in limited time periods or certain regions, including milk tea, fresh fruit tea, juice, and others. The Company mainly conducts its business in the domestic market.  

CBI is honoured to be engaged in providing Due Diligence services with regards to this listing application.