According to Bloomberg, informed sources indicate that the mainland energy drink manufacturer Dongpeng Beverage (605499.SH) is considering going public in Hong Kong and is seeking to hire banks to prepare for it, with the earliest official listing expected next year to raise up to 1 billion USD. The informed sources also revealed that the related plans for listing in Hong Kong are still under review, and details such as scale may still be subject to change.

Headquartered in Shenzhen, Dongpeng Beverage's A-share has risen about 57% this year, with a market cap reaching 15.8 billion USD. Established in 1994, it primarily sells energy drinks, electrolyte beverages, Chinese unsweetened tea, coffee, and more. Additionally, Dongpeng Beverage had planned to go public in swiss franc about two years ago, but the company later announced that due to changes in objective factors such as internal and external environments, it decided to terminate that overseas issuance of global depositary receipts (GDR).