New Stock News | Planning to conduct a $500 million IPO in Hong Kong in the second half of the year? Dayao Beverage: Not considering it for now.

According to reports, Inner Mongolia Dayao Guest Beverage Co., Ltd. (Dayao Beverage) is reportedly considering a $500 million IPO in Hong Kong, possibly seeking to list in the second half of 2025 in Hong Kong. In response to this, Dayao Beverage stated to the media that the company's main focus is on business development and they have not yet considered an IPO, all information should be based on official information. According to the official website, since its establishment, Dayao Beverage has created classic products such as "Dayao Guests", "Dayao Orange Love", "Dayao Lychee Love" and "Dayao Ice Fresh", creating a new category of large carbonated drinks in China, while continuously improving its product matrix, launching six major categories including carbonated drinks, fruit and vegetable juice drinks, protein drinks, energy flavored drinks, tea drinks, and water drinks. The company has set up seven production bases in Inner Mongolia, Ningxia, Liaoning, Jilin, Anhui, Shanxi, and Shandong. In addition, Dayao Beverage has gradually entered overseas markets, exporting its products to countries and regions such as Mongolia, Russia, Southeast Asia, Europe, South Korea, and Japan.