Mixue underwent a listing hearing in Hong Kong on Friday and submitted its post-hearing information pack for its initial public offering to the city's bourse on the same day.
The bubble tea maker is looking to raise $500 million from its planned offering, according to previous media reports.
Mixue intends to use the proceeds of its planned offering to expand production capacity, improve logistics, and boost its international supply chain, the document said.
It also intends to use proceeds for branding and marketing, digitalization efforts, and for working capital.
Merrill Lynch (Asia Pacific), Goldman Sachs (Asia), and UBS Securities Hong Kong are among the joint sponsors.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.