CBI Assists Sponsors in Due Diligence for China Resources Beverage’s (2460.HK) IPO
On October 23, 2024, China Resources Beverage (Holdings) Company Limited (2460.HK, China Resources Beverage), successfully listed on the Main Board of the Hong Kong Stock Exchange (HKEx), raising approximately HKD 5.043 billion. CBI is honored to participate in the due diligence work for this IPO Project.
China Resources Beverage is a company focused on the manufacturing and sales of packaged water and beverage products. Its main products include packaged drinking water, tea beverage and juice beverage, and other ready-to-drink (RKD) soft beverage products. The company holds several well-known domestic brands, including “C’estbon”, “Zhi Ben Qing Run”, “Mi Shui Series”, “Holiday Series” and “Zuo Wei Cha Shi”, with a sales network covering over 1,000 distributors and two million retail points.
In this IPO project, CBI provides on-site due diligence services in mainland China to assist the sponsor team to thoroughly understand the information about the company's clients and various distributors, ensuring the accuracy and completeness of the relevant data to further support a smooth IPO process.