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IPO Detail
09980 東鵬飲料
EASTROC
Listing Date2026/02/03    Listed Today
Listing Price248.000
Grey Market Performance
Last updated: 02/02/2026 21:00
  • Bright Smart
    up 249.200 +1.200 (+0.484%)
    High
    258.200
     
    Low
    243.000
    Volume
    18,400
    One Lot Profit
    +120.00
  • Phillip
    up 250.000 +2.000 (+0.806%)
    High
    261.000
     
    Low
    242.200
    Volume
    814,000
    One Lot Profit
    +200.00
  • Futu
    down 247.800 -0.200 (-0.081%)
    High
    254.000
     
    Low
    240.200
    Volume
    396,800
    One Lot Profit
    -20.00
 
Quote
Subscription Result
  • Subscription Rate
    57.46x
  • Guarantee One Lot Size
    60 lot
  • One Lot Success Rate
    15%
COMPANY PROFILE

Eastroc Beverage (Group) Co. is the largest functional beverage company in China, with the fastest revenue growth among the world’s top 20 listed soft beverage companies. According to the report, the Group has been the largest functional beverage company in China in terms of sales volume for four consecutive years since 2021, with its market share increasing from 15% in 2021 to 26.3% in 2024, and the second largest functional beverage company in terms of retail sales in 2024 with a market share of 23%.

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The Group continues to provide value-for-money beverages, establishing Eastroc as a beloved brand with nationwide consumer recognition. Eastroc Super Drink has become a ten-billion-RMB bestseller in terms of retail sales in China. Its product portfolio includes energy beverages, sports beverages, tea beverages, coffee beverages, plant-based protein beverages, fruit and vegetable juice beverages, and other beverage products.

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The Group has built a nationwide, omni-channel sales network. As of September 30, 2025, the Group’s sales network spanned over 4.3 million POS nationwide, covering nearly 100% of prefecture-level cities, and it had engaged efficiently with over 280 million consumers based on unique code scans, over 4.3 million POS, and over 3,200 distribution partners.

BASIC INFORMATION
MarketHong Kong (Main Board)
Business NatureFood & Beverages
Major Business AreaChina
Board Lot100
GLOBAL OFFERING
No. of Offer Shares40.89M H shares
No. of International Offer Shares36.80M H shares
No. of HK Offer Shares4.09M H shares
Offer Price$248.00
Stock Code9980
Sponsor(s)UBS Securities Hong Kong Limited, Morgan Stanley Asia Limited, Huatai Financial Holdings (Hong Kong) Limited, UBS AG Hong Kong Branch
Underwriter(s)Huatai Financial Holdings (Hong Kong) Limited, Morgan Stanley Asia Limited, UBS AG Hong Kong Branch
TIME TABLE
Application PeriodJan 26 (Mon) - noon, Jan 29 (Thu)
Price Determination DateJan 30 (Fri)
Result Announcement DateOn or before Feb 02 (Mon)
Result Announcement DateOn or before Feb 02 (Mon)
Result Announcement DateOn or before Feb 03 (Tue)
Dealings in Shares commence onFeb 03, 2026. (Tue)
Reallocation of Shares Offered
Sales Statistics (HKD)
Offer Price$248.00
Capitalization166.39B
NAV / share ($)$35.25 (Unaudited pro forma adj NAV / share)
Use Of Proceeds
Assuming the offer price being at HKD 248.00, the net proceeds raised would be HKD 9.99B, of which
36% : Enhancing production capacity and upgrading supply chain
15% : Enhancing brand building and consumer engagement to continuously strengthen brand influence
11% : Advancing nationwide expansion strategy
12% : Overseas business expansion
10% : Advancing digitalization capabilities across full cycle of business
6% : Enhancing product development capabilities and expanding product portfolio
10% : Working capital
IPO NEWS
02/02/2026 18:35
{New Stock}EASTROC ends up 0.81% at HK$250 on grey market
02/02/2026 16:20
{New Stock}EASTROC down 0.81% at HK$246 on grey market
Related Document
Prospectus Prospectus  Chinese VersionProspectus  English Version
Remark： The above information is referenced from the prospectus.
  All data is calculated from the non- exercise rights(if applicable).
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