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ChaPanda

CHONGQING, CHINA - JUNE 14, 2025 - A ChaPanda store in Chongqing, China on June 14, 2025.

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ChaPanda

CHONGQING, CHINA - JUNE 14, 2025 - A ChaPanda store in Chongqing, China on June 14, 2025.

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ChaPanda

CHONGQING, CHINA - JUNE 14, 2025 - A ChaPanda store in Chongqing, China on June 14, 2025.

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ChaPanda

CHONGQING, CHINA - JUNE 14, 2025 - A ChaPanda store in Chongqing, China on June 14, 2025.

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ChaPanda Store

SHANGHAI, CHINA - JULY 16, 2024 - Customers spend money at a ChaPanda store in Shanghai, China, July 16, 2024.

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ChaPanda Store

SHANGHAI, CHINA - JULY 16, 2024 - Customers spend money at a ChaPanda store in Shanghai, China, July 16, 2024.

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ChaPanda Store

SHANGHAI, CHINA - JULY 16, 2024 - Customers spend money at a ChaPanda store in Shanghai, China, July 16, 2024.

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A ChaPanda Store in Shanghai

SHANGHAI, CHINA - MAY 14, 2024 - Customers spend money at a ChaPanda store in Shanghai, China, May 14, 2024.

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A ChaPanda Store in Shanghai

SHANGHAI, CHINA - MAY 14, 2024 - Customers spend money at a ChaPanda store in Shanghai, China, May 14, 2024.

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A ChaPanda Store in Shanghai

SHANGHAI, CHINA - MAY 14, 2024 - Customers spend money at a ChaPanda store in Shanghai, China, May 14, 2024.

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A Cha BaiPanda Store in Yancheng

YANCHENG, CHINA - APRIL 25, 2024 - A Cha BaiPanda Store in Yancheng City, Jiangsu province, China, April 25, 2024.

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A Cha BaiPanda Store in Yancheng

YANCHENG, CHINA - APRIL 25, 2024 - A Cha BaiPanda Store in Yancheng City, Jiangsu province, China, April 25, 2024.

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A Cha BaiPanda Store in Yancheng

YANCHENG, CHINA - APRIL 25, 2024 - A Cha BaiPanda Store in Yancheng City, Jiangsu province, China, April 25, 2024.

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A Cha BaiPanda Store in Yancheng

YANCHENG, CHINA - APRIL 25, 2024 - A Cha BaiPanda Store in Yancheng City, Jiangsu province, China, April 25, 2024.

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A Cha BaiPanda Store in Yancheng

YANCHENG, CHINA - APRIL 25, 2024 - A Cha BaiPanda Store in Yancheng City, Jiangsu province, China, April 25, 2024.

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A Cha BaiPanda Store in Yancheng

YANCHENG, CHINA - APRIL 25, 2024 - A Cha BaiPanda Store in Yancheng City, Jiangsu province, China, April 25, 2024.

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A Cha BaiPanda Store in Yancheng

YANCHENG, CHINA - APRIL 25, 2024 - A Cha BaiPanda Store in Yancheng City, Jiangsu province, China, April 25, 2024.

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A Cha BaiPanda Store in Yancheng

YANCHENG, CHINA - APRIL 25, 2024 - A Cha BaiPanda Store in Yancheng City, Jiangsu province, China, April 25, 2024.

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ChaPanda Stock Plunge

YICHANG, CHINA - APRIL 24, 2024 - ChaPanda Drinks in Yichang, Hubei Province, China, April 24, 2024.

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ChaPanda Stock Plunge

YICHANG, CHINA - APRIL 24, 2024 - ChaPanda Drinks in Yichang, Hubei Province, China, April 24, 2024.

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ChaPanda Stock Plunge

YICHANG, CHINA - APRIL 24, 2024 - ChaPanda Drinks in Yichang, Hubei Province, China, April 24, 2024.

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ChaPanda Stock Plunge

YICHANG, CHINA - APRIL 24, 2024 - ChaPanda Drinks in Yichang, Hubei Province, China, April 24, 2024.

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ChaPanda Stock Plunge

YICHANG, CHINA - APRIL 24, 2024 - ChaPanda Drinks and the stock price of ChaPanda on a mobile phone in Yichang, Hubei province, China, April 24, 2024.

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ChaPanda Stock Plunge

YICHANG, CHINA - APRIL 24, 2024 - ChaPanda Drinks in Yichang, Hubei Province, China, April 24, 2024.

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ChaPanda Stock Plunge

YICHANG, CHINA - APRIL 24, 2024 - ChaPanda Drinks in Yichang, Hubei Province, China, April 24, 2024.

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ChaPanda Stock Plunge

YICHANG, CHINA - APRIL 24, 2024 - ChaPanda Drinks in Yichang, Hubei Province, China, April 24, 2024.

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ChaPanda Stock Plunge

YICHANG, CHINA - APRIL 24, 2024 - ChaPanda Drinks and the stock price of ChaPanda on a mobile phone in Yichang, Hubei province, China, April 24, 2024.

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ChaPanda Stock Plunge

YICHANG, CHINA - APRIL 24, 2024 - ChaPanda Drinks in Yichang, Hubei Province, China, April 24, 2024.

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ChaPanda Stock Plunge

YICHANG, CHINA - APRIL 24, 2024 - ChaPanda Drinks and the stock price of ChaPanda on a mobile phone in Yichang, Hubei province, China, April 24, 2024.

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ChaPanda Stock Plunge

YICHANG, CHINA - APRIL 24, 2024 - ChaPanda Drinks and the stock price of ChaPanda on a mobile phone in Yichang, Hubei province, China, April 24, 2024.

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ChaPanda Stock Plunge

YICHANG, CHINA - APRIL 24, 2024 - ChaPanda Drinks in Yichang, Hubei Province, China, April 24, 2024.

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ChaPanda Stock Plunge

YICHANG, CHINA - APRIL 24, 2024 - ChaPanda Drinks and the stock price of ChaPanda on a mobile phone in Yichang, Hubei province, China, April 24, 2024.

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ChaPanda Stock Plunge

YICHANG, CHINA - APRIL 24, 2024 - ChaPanda Drinks in Yichang, Hubei Province, China, April 24, 2024.

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ChaPanda Stock Plunge

YICHANG, CHINA - APRIL 24, 2024 - ChaPanda Drinks in Yichang, Hubei Province, China, April 24, 2024.

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ChaPanda Stock Plunge

YICHANG, CHINA - APRIL 24, 2024 - ChaPanda Drinks in Yichang, Hubei Province, China, April 24, 2024.

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ChaPanda Stock Plunge

YICHANG, CHINA - APRIL 24, 2024 - ChaPanda Drinks and the stock price of ChaPanda on a mobile phone in Yichang, Hubei province, China, April 24, 2024.

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ChaPanda IPO

SUQIAN, CHINA - APRIL 23, 2024 - Illustration ChaPanda, Suqian City, Jiangsu Province, China, April 23, 2024.

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ChaPanda IPO

SUQIAN, CHINA - APRIL 23, 2024 - Illustration ChaPanda, Suqian City, Jiangsu Province, China, April 23, 2024.

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ChaPanda IPO

SUQIAN, CHINA - APRIL 23, 2024 - Illustration ChaPanda, Suqian City, Jiangsu Province, China, April 23, 2024.

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ChaPanda IPO

SUQIAN, CHINA - APRIL 23, 2024 - Illustration ChaPanda, Suqian City, Jiangsu Province, China, April 23, 2024.

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ChaPanda IPO

SUQIAN, CHINA - APRIL 23, 2024 - Illustration ChaPanda, Suqian City, Jiangsu Province, China, April 23, 2024.

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ChaPanda IPO

HANGZHOU, CHINA - APRIL 23, 2024 - A ChaPanda store is seen in Hangzhou, Zhejiang province, China, April 23, 2024.

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ChaPanda IPO

HANGZHOU, CHINA - APRIL 23, 2024 - A ChaPanda store is seen in Hangzhou, Zhejiang province, China, April 23, 2024.

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ChaPanda IPO

HANGZHOU, CHINA - APRIL 23, 2024 - A ChaPanda store is seen in Hangzhou, Zhejiang province, China, April 23, 2024.

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ChaPanda IPO

HANGZHOU, CHINA - APRIL 23, 2024 - A ChaPanda store is seen in Hangzhou, Zhejiang province, China, April 23, 2024.

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ChaPanda IPO

HANGZHOU, CHINA - APRIL 23, 2024 - A ChaPanda store is seen in Hangzhou, Zhejiang province, China, April 23, 2024.

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ChaPanda IPO

HANGZHOU, CHINA - APRIL 23, 2024 - A ChaPanda store is seen in Hangzhou, Zhejiang province, China, April 23, 2024.

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ChaPanda IPO

HANGZHOU, CHINA - APRIL 23, 2024 - A ChaPanda store is seen in Hangzhou, Zhejiang province, China, April 23, 2024.

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ChaPanda IPO

HANGZHOU, CHINA - APRIL 23, 2024 - A ChaPanda store is seen in Hangzhou, Zhejiang province, China, April 23, 2024.

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Illustration ChaPanda IPO

SUQIAN, CHINA - FEBRUARY 24, 2024 - Illustration ChaPanda submits its application for listing on the Hong Kong Stock Exchange, Suqian, Jiangsu Province, China, February 24, 2024.