The Zhitong Finance App learned that on Friday, Haidilao's overseas subsidiary Super Hi International Holding (Super Hi International Holding) submitted an initial public offering (IPO) application to the US Securities and Exchange Commission (SEC) and plans to raise up to 100 million US dollars. Te Hai International is listed in Hong Kong under the stock code 09658.

At the end of 2022, Tehai International is a company that was spun off from Haidilao International Holdings Co., Ltd. and is responsible for operating overseas markets. Since opening its first restaurant in Singapore in 2012, as of December 31, 2023, Tehai International has 115 self-operated restaurants in 12 countries on four continents.

In the 12 months ending December 31, 2023, its turnover reached US$686 million. The company plans to list on NASDAQ under the stock symbol HDL. Tehai International secretly submitted documents on December 15, 2023. Morgan Stanley and Huatai Securities are the joint bookkeepers of this transaction, and the pricing terms have not yet been announced.