First day of new stock | Eastroc Beverage (09980) debuts on the market, opening flat in the morning. The company has been ranked first in the Chinese functional beverage market for four consecutive years.

Eastroc Beverage (09980) will be listed for the first time, with an offering price of 248 Hong Kong dollars per share and a total issuance of 40,889,900 shares, in lots of 100 shares each, with a net proceeds of approximately 9.994 billion Hong Kong dollars. As of the time of writing, there has been no change in the price, which remains at 248 Hong Kong dollars, with a trading volume of 420 million Hong Kong dollars. According to public information, Eastroc Beverage is the leading functional beverage company in China, with its revenue growth ranking first among the top 20 listed soft drink companies globally. According to a report by Frost & Sullivan, the company has been ranked as the top functional beverage company in China by sales volume for four consecutive years starting from 2021, with its market share increasing from 15.0% in 2021 to 26.3% in 2024. In terms of retail sales, the company is the second largest functional beverage company in 2024, with a market share of 23%. The company has established a nationwide three-dimensional sales network, covering over 4.3 million terminal sales outlets as of September 30, 2025, achieving nearly 100% coverage of prefecture-level cities in China. The sales team works closely with distribution partners to continuously improve product market penetration and optimize product display for increased visibility and penetration rates. The company continues to expand its omni-channel sales network to meet consumers' daily consumption needs in various scenarios.