Kafelaku Coffee Holding Limited (Stock Code: 1869) has provided additional details on its action plans and measures in the supplemental announcement for the year ended 31 December 2024. The company notes that its directors have been working on strategies to improve liquidity and financial position, particularly in light of a recent change in controlling shareholders.
Mr. Cui, identified as the largest substantial shareholder, has agreed to provide continuous financial support to the group. The announcement highlights a total of HK$3.70 million in loans extended by Mr. Cui, along with a commitment to facilitate HK$100.00 million through affiliated companies. In parallel, BRB Group Holding (Hong Kong) Limited—a related company also represented by Mr. Cui—has contributed approximately HK$9.00 million and committed an additional HK$91.00 million on 12 February 2026, bringing the total facility to HK$100.00 million.
Management is also pursuing various financing channels. Negotiations with financial institutions in 2026 are planned, including potential supply chain financial services with a bank to support international coffee bean trading expansion. Additionally, the group intends to consider a capital raise by the second quarter of 2026, subject to board approval and market conditions.
Regarding its coffee shop business, the group intends to position itself toward both high-end and youthful markets. A dual-brand strategy is outlined: capitalizing on the established “Civet Coffee” brand for premium consumers while introducing “Coffeenengy” for younger, active customers. One new direct-operated store opened in early 2026, with two to three more planned within the same year.
Mandatory cost control measures are also in place, targeting efficiency improvements and reduction of unnecessary expenditures. Meanwhile, the group commenced coffee bean trading at the beginning of 2026, with the first transaction expected by the end of the first quarter. The directors believe these collective measures will support ongoing operations for the next twelve months.
The audit committee has reviewed and acknowledged these initiatives. According to the announcement, the board remains confident that these steps will address the auditor’s disclaimer of opinion and bolster the company’s ongoing business objectives and liquidity position.