DPC DASH (01405) officially included in the Stock Connect program starting today.

On September 9, the Shanghai and Shenzhen Stock Exchanges announced an adjustment to the list of stocks eligible for trading through the Hong Kong Stock Connect program, with DPC DASH (01405) officially included. This change will take effect on September 10, 2024. DPC DASH's mid-year performance report showed that the company's total revenue in the first half of the year was RMB 2.04 billion, an increase of 48.3% year-on-year, reaching a record high revenue and achieving overall profitability. Since the current management team took over in the third quarter of 2017, the company has achieved 28 consecutive quarters of same-store sales growth. As of June 30, 2024, the company operates 914 directly operated stores in 33 cities in mainland China, with rapid expansion into new markets. It is reported that DPC DASH plans to open approximately 240 stores in 2024, and increase to 300 to 350 stores each in 2025 and 2026. As of August 20, 2024, the company has already secured 95% of its target for new store openings in the full year of 2024 and is expected to achieve its goal of a thousand stores in the fourth quarter of this year.