Deloitte China assists listing of Eastroc Beverage on SEHK
Hong Kong’s largest IPO in 2026 to-date
Deloitte China supported the listing of Eastroc Beverage (Group) Co. (Eastroc Beverage, stock code: 09980.HK, 605499.SH) on the Stock Exchange of Hong Kong (SEHK) on 3 February 2026. This made Eastroc Beverage the largest IPO in Hong Kong in 2026 to-date, the 1st mega IPO in Hong Kong in 2026 by funds raised and the 1st A-to-H dually listed functional beverage IPO in Hong Kong.
In this global offering, Eastroc Beverage offered 40.9 million shares at HKD248 each, raising approximately HKD10.1 billion.
(From left) Lavender Liu and Jon Peng, Southern Region Offering Services Partners of Deloitte China’s Capital Market Services Group (CMSG); David Yu, Chief Growth leader of Deloitte China's Audit & Assurance (A&A); Peng Dexin, Eastroc Beverage’s chief financial officer; Polly Lee, A&A deputy leader and Southern Region (SR) leader of A&A of Deloitte China; Ernest Lee, Deloitte China's Technical partner and a member of the Listing Committee of the SEHK; Sherry Yee, Southern Region Offering Services Partners of Deloitte China’s CMSG attend the listing ceremony of Eastroc Beverage’s listing ceremony at Hong Kong Stock Exchange.
(From left) Irene Yang, senior auditor of Deloitte China’s A&A; Chloe Wu, senior auditor of A&A; Lavender Liu; Jon Peng; Polly Lee; Zhang Lei, Eastroc Beverage’s vice president; David Yu; Ernest Lee; Sherry Yee; Hedy Hu, A&A manager of Deloitte China; Cathleen Chen, A&A senior manager; Lychee Wang, associate auditor of A&A and Alex Luo, senior auditor of A&A attend Eastroc Beverage’s listing ceremony at Hong Kong Stock Exchange.
Lin Muqin, Eastroc Beverage’s Chairman of the board (2nd from left); David Yu (4th from left), Jon Peng (right) and representatives of other professional intermediaries attend Eastroc Beverage’s listing ceremony at Hong Kong Stock Exchange.
Client overview
Eastroc Beverage is a functional beverage company in China with business focuses on beverage R&D, production, and sales, having established a product portfolio centred on energy drinks with complementary growth in other beverage categories.
Eastroc Beverage has established subsidiaries in Indonesia, Vietnam and Malaysia.
In 2021, the company was listed on the Main Board of Shanghai Stock Exchange. It has now become dually listed in A and H shares (A-to-H listing) through its IPO in Hong Kong.
Source: Eastroc Beverage’s IPO prospectus published on 26 January 2026
Deloitte's role
The Eastroc Beverage listing has spanned industry cycles, bearing witness to the resilience of the company and Deloitte's service teams. As a core service institution of this new listing engagement, Deloitte China has been deeply involved in the entire process of the IPO. This successful listing demonstrates Deloitte’s rich professional expertise and cross-market service capabilities. The engagement team worked closely with various professional parties, provided high-quality services with rich industry experience and excellent professional capabilities to assist Eastroc Beverage’s listing on the Main Board of the SEHK.
Deloitte China congratulates Eastroc Beverage on its successful listing on the SEHK. We will continue to provide high-quality professional services and outstanding resource integration to assist more clients to take one-step ahead in today's increasingly competitive and complex business environment.
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