Is Mixue Bingcheng the next tea chain to go public? Is it likely that Mixue Bingcheng will be the next tea chain to go public?

The fourth application has arrived over a year after goodme became the third "new-style" chinese tea chain to go public, and six months after the first application was rejected, it seems.

About a week after goodme became the third "new-style" chinese tea chain to go public.

Mixue bingcheng (also known as mixue ice cream & tea) has been accepted for public listing on the hong kong stock exchange (hkex) on the first day of 2025, almost a year after launching, mixue bingcheng (also known as mixue ice cream & tea) on the first day of 2025, almost a year after launching, almost a year after launching, almost exactly a year after launching, almost a year ago, mixue bingcheng (h) & tea & tea & tea) & tea, &ta public a according to the most recent reports, the leading tea chain plans to announce its ipo in early march this year had passed the stock hearing stage at hkex, and the company's application was later announced that it had passed the listing hearing stage before proceeding further.

Mixue opened 1,177 new branches in a quarter since its last announcement on september 30th, which means that mixue sold around 9 billion drinks in 2024 and had a gmv (gross merchandise value) of 58.3. mixue's main income came from selling chemicals and equipment to franchisees, but it's unclear if the company's "supply chain-centric" strategy was successful.

With low franchising fees and low prices, the chain continues to attract investors, and investors are continuing to be impressed.

With lower franchising fees and low prices, it is up to investors to decide if mixue's plan is sustainable.

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