Guming Holdings Limited (1364.HK), an investment holding company, operates as a leading freshly made beverage company in the People's Republic of China, primarily through its franchised tea store retail network under the Good me brand alongside company-operated stores. The company offers fruit tea beverages, milk tea beverages, coffee beverages including present-grind coffee with 30-day fresh gold-award beans and cold-chain fresh milk, and other drinks encompassing more than 130 products; it trades ingredients and related beverage products along with equipment; and provides supply chain services, warehousing and logistics management featuring 22 major national bases and self-built cold-chain systems, research and development supported by a team exceeding 100 members with professional laboratories, and information technology development. Guming Holdings targets consumers in the competitive new-style tea drinks market, with over 80% of outlets in lower-tier cities, and maintains geographic operations across 17 to 20 provinces including Zhejiang, Fujian, Jiangxi, Hunan, Guangdong, Hubei, Sichuan, Chongqing, Guangxi, and others covering more than 200 cities. Founded in 2010 and headquartered in Hangzhou, Zhejiang Province, the company, incorporated in the Cayman Islands, employs approximately 2,726 people and focuses on mid-priced freshly-made tea as China's largest brand in that segment and second-largest overall by gross merchandise value. Recent developments include its successful Hong Kong initial public offering in February 2025 raising approximately HK$1.81 billion after exercising the offer size adjustment option with cornerstone investors such as a Tencent subsidiary committing US$71 million in total; rapid store network expansion to over 11,000 franchised stores as of June 30, 2025 from nearly 9,000 at year-end 2024 and 9,778 by September 2024 through regional clustering strategies aiming for at least 500 stores per province; enhanced emphasis on coffee product lines and national market penetration into additional provinces; and approval of a special dividend of RMB 0.9 per share payable December 29, 2025, alongside robust financial growth with gross merchandise value reaching RMB19.2 billion in 2023 and RMB16.6 billion in the nine months ended September 30, 2024.