Bama Tea (Stock Code: 6980.HK), a leading Chinese premium tea company, officially listed on the main board of the Hong Kong Stock Exchange today (October 28). As the first premium tea brand to enter the capital market in China, this listing marks an acceleration in the capitalization process of the traditional tea industry and injects new momentum into Bama Tea's large-scale expansion.

Bama Tea is a well-known tea supplier in China, with products comprehensively covering all six major categories of Chinese tea, as well as non-tea products such as tea sets and tea snacks. According to 2024 sales revenue in the premium tea segment, Bama Tea ranks first in the country. At the same time, based on the number of chain tea specialty stores as of December 31, 2024, the company ranks first among Chinese tea suppliers. By 2024 sales revenue, Bama Tea also ranks first in the Chinese oolong tea and black tea markets. As of 2024, Bama's Tieguanyin tea sales revenue has ranked first in China for over ten consecutive years; Wuyi rock tea sales revenue has ranked first for five consecutive years; and black tea sales revenue has ranked first for four consecutive years.