- CEO
- Qinsong Wang
- Full Time Employees
- 14,188
- Sector
- Consumer Cyclical
- Industry
- Restaurants
- Address
- No. 1 Lingyin Road Hangzhou ZJ People's Republic of China
- IPO Date
- May 16, 2025
- Business
- Green Tea Group Limited operates a chain of casual Chinese restaurants and related foodservice ventures in Mainland China, with additional activities in delivery, parking services, and ancillary consumer offerings. The company focuses on branded restaurant operations under multiple restaurant concepts, including Green Tea and related sub-brands, and engages in the sale of cooking oils, condiments, gift boxes, and other ancillary products through its retail and online channels. Headquartered in Hangzhou, China, Green Tea Group is listed on the Hong Kong Stock Exchange (ticker 6831.HK) and maintains a geographically diversified footprint across numerous Chinese provinces and select overseas markets, aiming to scale through expansion of directly operated stores and adjacent consumer-focused businesses.
MANDATORY MAIN PRODUCTS AND SERVICES
- Core restaurant brands and concepts: Green Tea Restaurant; additional concepts and sub-brands operated under the group umbrella; dine-in and takeout service at directly operated stores.
- Food and beverage offerings: signature dishes, appetizers, soups, main courses, vegetable dishes, desserts, and beverages prepared to Chinese casual dining standards.
- Retail and ancillary products: cooking oils, condiments, gift boxes sold through company channels; cell phone charging services and related on-site convenience offerings are part of the broader service mix in some locations.
- Delivery and on-site services: prepared-food delivery; dine-in service; parking services at select sites; other on-site customer convenience offerings.
LATEST MAJOR COMPANY CHANGES
- Strategic partnerships and alliances: engages in partnerships and collaborations to expand delivery and-branded offerings; ongoing discussions with investors and partners to accelerate store openings and geographic reach.
- Capital and ownership movements: has conducted share repurchases and corporate governance enhancements in the last 1-2 years, including establishing governance frameworks such as an ESG committee and appointing committee members.
- Product and service launches: periodically expands its menu with signature dishes and seasonal offerings; actively introduces value-added products such as gift boxes and branded retail items to diversify revenue streams.
- Geographic and operational expansion: accelerates overseas expansion plans and increases the footprint of directly operated stores, with progress reported in public filings and market disclosures.
- Corporate actions: notices of executive and board changes, including leadership transitions within finance and governance functions; reorganizations or optimization of subsidiary structures to support expansion and efficiency.
ADDITIONAL CONTEXT
- Industry and segments: leisure dining, casual Chinese restaurant sector, with ancillary retail and service segments (delivery, on-site convenience services, and gifting/retail).
- Target markets: domestic China market with selective overseas store presence; primarily B2C dining customers and delivery-to-home consumers.
- Geographic operations: operations across mainland China with presence in multiple provinces and municipalities; regional hubs in Hangzhou and other major urban centers; potential overseas locations as part of expansion strategy.
- Founding year and headquarters: founded in 2004; headquarters in Hangzhou, Zhejiang Province, China.
- Subsidiaries/parent: operates as a group with directly operated restaurant subsidiaries and associated operating entities; listed on the Hong Kong Exchange (ticker 6831.HK) as the primary reporting entity.
Note: This description reflects Green Tea Group Limited’s public profile as of the latest available disclosures, focusing on core restaurant operations, ancillary product lines, and recent governance and expansion-related developments. For precise figures, store counts, and segment disclosures, refer to the company’s annual and interim reports filed with the Hong Kong Stock Exchange and the company website.