CHABAIDAO (02555), a leading brand in the made-to-order tea beverage industry, has been successfully included in the recently released "2025 Hurun China Unicorn Graduates List."

This list, the first of its kind published by the Hurun Research Institute, ranks companies by their enterprise value and includes Chinese listed companies founded after the year 2000 with a valuation of over $1 billion, effectively the "graduates" of China's unicorn landscape.

"If one wants to truly understand China's innovation and entrepreneurship ecosystem, it is necessary to look at both the Unicorn List and the Unicorn Graduates List together," stated Rupert Hoogewerf, Chairman and Chief Researcher of the Hurun Group.

He added that as of May 2025, China is home to more than 1,100 companies founded after 2000 that are valued at over $1 billion, identifying these enterprises as the core driving force for the future development of the Chinese economy.

Public information shows that CHABAIDAO was founded in 2008 in Chengdu, Sichuan Province, and was listed on the main board of the Hong Kong Stock Exchange in April 2024, becoming the "first publicly traded franchised tea chain."

The brand currently operates nearly 9,000 stores, with its international presence already extending to eight countries and regions including South Korea, the United States, Spain, and Singapore.