Recently, the news that Tehai International, an overseas branch of the world-renowned hot pot chain brand Haidilao, plans to be listed on the NASDAQ in the United States has attracted widespread attention.
According to Qixinbao data, Tehai International is a branch of Haidilao focusing on overseas market business, mainly providing Haidilao hot pot in the international market, covering Singapore, Thailand, Vietnam, Malaysia, Japan, the United States, Canada, the United Kingdom and Australia.
According to shareholder information, Haidilao founder Daniel Zhang controls UBS Trustees (B.V.I.) through his control of UBS Trustees (B.V.I.) Limited, which holds 54.28% of the company's shares. This is not only an important step in Haidilao's internationalization strategy, but also another milestone in the capital market for Daniel Zhang and his wife after Haidilao and Yihai International.
According to the announcement, Tehai International plans to issue about 2.69 million American Depositary Shares (ADS), each representing multiple ordinary shares, and the trading code is set as "HDL".
If the listing plan is successfully implemented, Haidilao founder Daniel Zhang is expected to hold 45.66% of the company's shares through the entities controlled by him, which is also the expansion of Daniel Zhang's overseas territory after Haidilao and Yihai International