On May 8, 2025, Auntea Jenny (02589.HK) officially listed on the Main Board of the Hong Kong Stock Exchange (“HKSE”), becoming the fourth new-style tea beverage brand to go public this year, following Goodme, Mixue, and CHAGEE.

Clifford Chance acted as Hong Kong and U.S. legal counsel to the Issuer and Zhong Lun acted as PRC legal counsel to the Issuer in connection with the Transaction.

CITIC Securities (Hong Kong) Limited, Haitong International Capital Limited and Orient Capital (Hong Kong) Limited acted as joint sponsors for the Project. JunHe and Freshfields as PRC counsel and Hong Kong and US counsel to its sponsor respectively.

Auntea Jenny is a mid-priced ready-made tea shop brand founded in 2013. Prior to the IPO, Auntea Jenny had completed several rounds of financing, totaling 480 million yuan. In February and December 2024, the company submitted two listing applications to the Hong Kong Stock Exchange, and finally in April 2025, it passed the hearing.

With the funds raised, Auntea Jenny will mainly use them to enhance its digitalization capabilities, product research and development, equipment upgrading, strengthening supply chain capabilities, expanding its store network, investing in marketing activities and replenishing working capital.