High-quality services to support IPOs for consumer industry
Deloitte China successfully assisted China Resources Beverage (Holdings) Company ("CR Beverage", stock code: 02460.HK) to list on the Stock Exchange of Hong Kong (SEHK) and raise around HKD5.04 billion, making it the largest consumer industry listing of 2024 in Hong Kong.
The situation
CR Beverage is a leading Chinese company specializing in packaged drinking water and ready-to-drink soft beverages. The company offers a diverse range of beverage products, including packaged water, tea drinks, fruit juices, and coffee beverages. CR Beverage owns multiple renowned brands such as “怡宝” (C'estbon), "至本清润" (Zhi Ben Qing Run), "蜜水系列" (Mi Shui Series), "假日系列" (Holidays Series), and "佐味茶事" (Zuo Wei Cha Shi), catering to a wide array of consumer preferences.
The solution
From start to finish, Deloitte China played a key role and was deeply involved in CR Beverage's listing process including the application, filing, and going public. With unwavering dedication and professionalism, our team consistently delivered top-tier professional services driven by extensive industry experience, collaborating seamlessly with other professional institutions. This professional support enabled CR Beverage to successfully navigate each stage of its listing journey and achieve a successful listing on SEHK.
The impact
CR Beverage raised around HKD5.04 billion in its IPO, making it the largest consumer industry listing of 2024 in Hong Kong. Through its support for this listing, Deloitte China showed its commitment to continuing to deploy high-quality professional services and exceptional resource integration capabilities to help clients gain a competitive edge in an increasingly dynamic and complex business environment.
