According to reports, "New Shares" is expected to launch its listing roadshow as early as this month, aiming to raise up to 200 million USD

Chongqing dining brand "Yujian Xiaomian" received approval from the China Securities Regulatory Commission for overseas listing registration in mid-October. According to foreign media reports, Yujian Xiaomian is expected to launch its pre-listing roadshow this month, aiming to raise between 100 million to 200 million USD, with China Merchants Securities International serving as the sole sponsor. However, Yujian Xiaomian has yet to upload the post-hearing information package.

According to the registration notice, Yujian Xiaomian plans to issue no more than 235 million shares. Financial data shows that the brand's revenue last year was 1.15 billion RMB (the same below), an annual increase of 44.21%; net profit was 60.7 million RMB, an increase of 32.2%; adjusted net profit was 63.888 million RMB, up 36%.

Preliminary prospectus documents indicate that Yujian Xiaomian has 374 restaurants in 22 cities in mainland China, 6 branches in Hong Kong, and another 64 new stores in preparation. The company plans to open 120 to 150 new stores this year, with a target of expanding to over 800 stores in the next three years. Currently, its market layout in Hong Kong covers core business districts such as Hung Hom and Mong Kok.

Yujian Xiaomian completed its B+ round of financing in 2021, with pre-listing shareholders including Baifu (01488.HK), Country Garden (02007.HK), JIUMAOJIU (09922.HK), founder of Xijia De Dumplings Gao Defu, Qingcong Capital, and Hony Capital