IPO News | Banu Maotou Hot Pot was listed for the second time on the Hong Kong Stock Exchange

The Zhitong Finance App learned that according to the Hong Kong Stock Exchange's disclosure on December 17, Banu International Holdings Limited (abbreviation: Banu Mao Hot Pot) submitted a listing application to the main board of the Hong Kong Stock Exchange, with CICC and CMB International as co-sponsors. The company submitted a listing application to the Hong Kong Stock Exchange on June 16 this year.

According to the prospectus, Banu Maodu Hot Pot is the largest quality hot pot brand in China. It adheres to a productist business philosophy and pursues differentiated market positioning. According to Frost & Sullivan's data, in terms of revenue, Banu is the largest brand in the Chinese quality hot pot market in 2024, with a market share of about 3.1%. In terms of revenue, Banu is the third largest brand in the Chinese hot pot market in 2024, with a market share of about 0.4%.

Banu Mao Dao Hot Pot is famous for its Mao Dao Fu and mushroom soup. As of December 7, 2025, Banu Maodu Hot Pot's directly-managed Banu store network has covered 46 cities across the country, with the number of stores reaching 162, an increase of 95.2% over the end of 2021, fully confirming the company's ability to expand on the quality consumer circuit. As of the same day, Banu had 5 comprehensive central kitchens integrating production and logistics, and 1 specialized base processing plant. The business covered 14 provinces and municipalities directly under the Central Government in China.