H Tea Company's Path to Listing: A Study on Financing Strategies, Business Models, and Market Performance

Abstract

This study focuses on H Tea Beverage Industry Co., Ltd., examining its entire IPO process through three core dimensions: financing strategy, business model, and market performance. Findings reveal that H Tea achieved rapid expansion via its asset-light franchise model and completed its listing through differentiated financing approaches. While the IPO optimized its financial structure and brand influence, the company must continue addressing challenges posed by its high price-to-earnings ratio and intense competition within the saturated industry. By integrating exchange announcements, the company's prospectus, and authoritative industry data, this paper provides a case study and practical insights for new consumer enterprises pursuing public listings.