证券日报网2月6日讯，东鹏饮料（605499）在接受调研者提问时表示，饮料行业新品迭代具有高风险、 高不确定性特征，部分新品未能实现长期市场留存是行业普遍现象。在竞争激烈的饮料市场中，持续的 品类探索与产品创新是公司保持增长活力的核心动力，只有通过不断尝试，才能精准捕捉消费者需求变 化，筛选出具备规模效应、增长潜力与长期发展空间的优质品类。同时，公司将多年积累的核心优势深 度赋能新品推广，依托成熟的渠道网络实现快速铺市，借助品牌沉淀降低消费者认知门槛，通过供应链 协同保障产能与成本优势，再以数字化工具精准洞察消费需求、优化动销策略提升新品存活率，并快速 放量。 ...

Core Viewpoint - Dongpeng Beverage (605499) identifies the restaurant channel as a core strategic focus for its market expansion, highlighting significant growth potential in the domestic restaurant industry [1] Group 1: Market Potential - The domestic restaurant industry has a vast number of outlets and diverse consumption scenarios, presenting considerable market potential and growth opportunities [1] - The company aims to leverage the restaurant channel to tap into this potential by aligning its products with specific consumption scenarios [1] Group 2: Product Strategy - Dongpeng Beverage has selected the plant-based protein drink "Island Coconut" as a key pilot product for the restaurant channel, which meets dining needs and aligns with festive gifting trends [1] - The product's unique characteristics and packaging design enhance its competitiveness in both dining and gifting scenarios, driving market appeal [1] Group 3: Future Plans - The company plans to increase resource investment in expanding the restaurant channel and will implement refined operational strategies to deepen product integration with dining experiences [1] - The goal is to enhance the product's penetration and market share in the beverage sector, creating new growth points for the company's performance [1]

Core Viewpoint - Dongpeng Beverage (605499) reported that the per capita consumption of its "Buhua La" product does not show significant differences between provinces, indicating a steady increase in market acceptance [1] Group 1 - The market acceptance of the "Buhua La" product is steadily improving [1] - There is no significant differentiation in drinking habits among consumers from different regions [1]

证券日报网2月6日讯，东鹏饮料（605499）在接受调研者提问时表示，当前饮料行业渠道支持与陈列资 源是饮品触达消费者、实现动销增长的关键支撑，尤其对新品孵化和市场渗透具有重要意义。公司将持 续保障核心渠道的基础投入，实现"精准匹配、高效转化"的精细化管理。 ...

证券日报网2月6日讯，东鹏饮料（605499）在接受调研者提问时表示，公司产品开发战略坚持纵向创新 迭代与横向品类延展并驾齐驱。纵向：凭借公司深刻的消费者洞察，公司针对现有产品在功能、口味、 包装等多方面不断优化，在始终坚持高质价比的产品定位的战略下满足消费者的多元化需求，包括推出 不同规格及口味的产品。横向：公司敏锐地捕捉软饮市场中有较大潜力及市场空间的细分板块，如运动 饮料、茶饮料、植物蛋白饮料等，并通过横向品类延展进一步丰富公司的产品矩阵，提高了公司未来成 长的天花板。相信在公司强大的品牌力、全国渠道网络和具有全成本控制优势的供应链体系的支撑下， 公司能够培育出一个又一个新的增长点，使东鹏始终拥有增长动能。 ...

Group 1 - Shenzhen has reached a milestone with over 600 listed companies, including 426 domestic and 174 foreign companies [2] - As of January 2025, the total market capitalization of Shenzhen's listed companies exceeds 19 trillion yuan, ranking second among major cities in China [2] - The composition of these 600 companies reflects the resilience and high level of Shenzhen's economic structure [2] Group 2 - Dazhu CNC opened at HKD 106.00 per share, rising by 10.65%, while Zhuozheng Medical opened at HKD 81.00 per share, increasing by 35.23% [3] - Four Shenzhen companies, including Dongpeng Beverage and Beixin Life, are set to go public within a week [3] Group 3 - The Hong Kong market has welcomed companies like Woan Robotics, redefined as the "first AI embodied home robot stock," and Baima Tea, labeled as the "first high-end Chinese tea stock" [4] - In the past three years, 27 new companies in Hong Kong have raised a total of HKD 29.573 billion, with over 70% of them seeing their stock prices rise on the first day, averaging a 26.22% increase [4] - Hong Kong's refinancing has shown strong performance, with a total of HKD 55.466 billion in 2025, a significant year-on-year increase of 4710.58%, with BYD alone accounting for over HKD 43.509 billion, representing more than 78.44% of the total [4]

Group 1 - The A-share market opened lower on February 6, 2026, with the major consumption index down by 1.06% as of 10:08 AM, indicating mixed performance among constituent stocks [1] - The food and beverage industry is showing a recovery trend, particularly in the liquor sector, driven by macro policy optimization, low valuation levels, and improvements in leading companies' fundamentals [1] - Optimized real estate policies and intensive domestic demand support measures have boosted market expectations for a recovery in consumer scenarios [1] Group 2 - The top ten weighted stocks in the major consumption index as of January 30, 2026, include Kweichow Moutai, Wuliangye, Yili, Muyuan Foods, Luzhou Laojiao, Shanxi Fenjiu, Wens Foodstuff, Haitian Flavoring, Dongpeng Beverage, and Haida Group, collectively accounting for 67.37% of the index [1] - The consumption ETF managed by Harvest (512600) tracks the major consumption index, which encompasses leading consumer stocks across various sectors, with liquor being the largest sector, accounting for over 38% of the index [2] - Investors can also access the consumption recovery trend through the consumption ETF linked fund (009180) [3]

东鹏饮料本次IPO备受瞩目，吸引了腾讯、淡马锡、卡塔尔投资局、贝莱德、红杉中国等顶级投资机构的押注。这些投资机构在各自领域都有着卓越的声 誉和丰富的经验，它们的参与不仅为东鹏饮料带来了雄厚的资金支持，更从侧面证明了东鹏饮料所具备的巨大发展潜力。 2月3日，东鹏饮料成功登陆港股市场，这一事件在饮料行业乃至资本市场都引发了广泛关注。公司创始人、实际控制人林木勤与"东鹏大咖"首位代言人韩 红现场敲锣，为这一重要时刻增添了别样的光彩。然而，上市首日股价表现平淡，盘中一度跌破发行价，这背后既反映出市场的复杂态度，也预示着东鹏 饮料未来将面临诸多挑战与机遇。而此次港股上市，对于东鹏饮料加快推动全球化战略，无疑具有里程碑式的意义。 顶级"投资天团"押注，彰显发展潜力 腾讯作为互联网科技巨头，在数字化营销、用户运营等方面拥有强大的技术和资源优势。其参与东鹏饮料的IPO，有望助力东鹏饮料在数字化营销领域实 现创新突破，更好地触达消费者，提升品牌知名度和市场占有率。淡马锡、卡塔尔投资局等国际知名投资机构，具有全球化的视野和广泛的国际资源网 络。它们的加入，为东鹏饮料拓展海外市场提供了有力的支持和保障，有助于东鹏饮料在国际市场上获 ...

Core Viewpoint - Dongpeng Beverage has shown strong stock performance and robust revenue growth, establishing itself as a leader in the functional beverage market in China, while also beginning its international expansion strategy [1][2][6]. Group 1: Stock Performance - On February 5, Dongpeng Beverage's stock price peaked at 296 HKD, with a maximum increase of 7.32%, closing at 277.2 HKD, marking the third consecutive day of gains since its listing on the Hong Kong Stock Exchange [1][11]. - The stock was listed at an issue price of 248 HKD per share, with a market capitalization exceeding 155.5 billion HKD on its first trading day [1][11]. Group 2: Revenue Growth - Dongpeng Beverage's revenue for 2025 is projected to exceed 20 billion CNY, reaching between 20.76 billion and 21.12 billion CNY, representing a year-on-year growth of 31.07% to 33.34% [2][12]. - The expected net profit attributable to shareholders is between 4.34 billion and 4.59 billion CNY, indicating a growth of 30.46% to 37.97% compared to the previous year [2][12]. - The company has maintained double-digit growth in both revenue and net profit in recent years, with strong performance momentum [2][13]. Group 3: Market Position - Dongpeng Beverage has ranked first in China's functional beverage market by sales volume for four consecutive years since 2021, and is projected to be the second-largest functional beverage company by retail sales in 2024, holding a market share of 23.0% [2][13]. - The core product, Dongpeng Special Drink, has been a significant revenue contributor, accounting for 96.6%, 91.9%, 84.0%, and 74.6% of total revenue from 2022 to the first three quarters of 2025 [3][13]. Group 4: Product Diversification - The company is gradually reducing its reliance on a single energy drink category, with the introduction of the Dongpeng Water product in early 2023, which generated nearly 1.5 billion CNY in its second year, achieving a growth rate of 280.4% [5][15]. - The contribution of sports drinks to total revenue increased from 3.5% in 2023 to 16.9% in the first three quarters of 2025 [5][15]. - Dongpeng Beverage has expanded its product range to include tea, coffee, and plant-based protein drinks, further broadening its market presence [6][16]. Group 5: Global Expansion - The company views overseas market expansion as a key component of its globalization strategy, with part of the funds raised from its listing allocated for this purpose [6][17]. - Dongpeng Beverage has begun its international expansion, with products already available in countries such as Vietnam and Malaysia [6][17]. - In a recent strategic partnership with Indonesia's Sanlin Group, Dongpeng Beverage will invest in establishing a production base and sales operations in Indonesia, marking a significant step in its international development [10][21]. - As of the first half of 2025, overseas revenue was approximately 0.11 million CNY, accounting for about 0.14% of total revenue, indicating that the global expansion is still in its early stages [8][19].

来源：环球老虎财经app 身为"功能饮料第一股"，近年来东鹏饮料已经确立国内市场龙头地位。此次登陆港交所，公司旨在进一 步加码国际化，故备受外界关注。 数据显示，本次东鹏饮料H股募资规模高达百亿，成为2020年来亚洲消费饮料行业最大IPO。2月3日， 公司一并完成公开招股事宜，最终其公开发售部分获得57.46倍认购，国际配售部分实现15.6倍认购，诸 多全球及中国多头投资者与对冲基金积极参与。 值得注意的是，不少重量级资本也助力东鹏饮料赴港。 其中，郭鹤年家族麾下的东南亚物流巨头——嘉里集团作为基石投资者现身。嘉里由郭鹤年于1974年在 香港创立的跨国私企集团。核心业务涵盖粮油加工、酒店运营、房地产开发和饮料生产等。旗下拥有知 名品牌"金龙鱼"，在中国及东南亚市场有深厚的产业根基和运营经验。 作为综合性产业集团，其饮料生产业务（例如可口可乐装瓶厂）和覆盖广泛的供应链、物流网络，可能 与东鹏饮料在产能合作、渠道拓展，尤其是在东南亚市场的国际化布局上形成战略协同。 另外，李泽楷下属盈科集团同样为东鹏饮料基石投资者，充分彰显香港顶级商业家族对公司价值与增长 逻辑的肯定。盈科的基石投资身份本身，就是一份面向香港及国际 ...