Note: The prospectus calls this offering a U.S.  IPO – and the offering will consist of American Depositary Shares (ADS). But the prospectus also says that Super Hi is listed on the Hong Kong Stock Exchange under “9658” – the stock symbol.

We operate hot pot restaurants in the international market under the Haidilao brand – 115 restaurants in 12 countries (on four continents) as of Dec. 31, 2023. We opened our first restaurant in Singapore in 2012. (Incorporated in the Cayman Islands) 

We are a leading Chinese cuisine restaurant brand, operating Haidilao hot pot restaurants in the international market. With roots in Sichuan from 1994, Haidilao has become one of the most popular and largest Chinese cuisine brands in the world. Since opening our first restaurant in Singapore in 2012, we have expanded to 115 self-operated restaurants in 12 countries across four continents as of December 31, 2023. According to the Frost & Sullivan Report, we were the third-largest Chinese cuisine restaurant brand and the largest Chinese cuisine restaurant brand originating from China in the international market in terms of 2022 revenue.

Food is an expression of cultural identity, values and a way of life. Chinese cuisine is one of the richest and most diverse culinary heritages in the world, among which hot pot is one of the most popular and fastest-growing segments. In 2022, the international market for Chinese hot pot had a market size of US$34.3 billion. With almost 30 years of brand history, we believe that, based on our industry experience, Haidilao is well-loved by guests for its unique dining experience — warm and attentive service, great ambiance and delicious food, standing out among global restaurant chains, which has made our Haidilao restaurants into a worldwide cultural phenomenon.

Note: Net income and revenue are in U.S. dollars for the 12 months that ended on Dec. 31, 2023.

(Note: Super Hi International Ltd. priced its U.S. IPO of American Depositary Shares (ADS) – which resembles a NASDAQ uplisting in structure – at US$19.56 per share – and priced the 2.69 million ADS – the number of ADS in the prospectus – to raise $52.62 million on May 16, 2024. Background: Super Hi International set terms for its U.S. IPO in an F-1/A dated May 13, 2024: 2.69 million ADS at US$21.35, the as-converted price in U.S. dollars of its stock’s closing price on the Hong Kong Stock Exchange. Each ADS represents 10 ordinary shares. Background: Super Hi International Holding filed its F-1 on April 26, 2024, without disclosing terms for what the company calls its U.S. IPO. This will be an offering of American Depositary Shares (ADS) with IPO proceeds estimated at $100 million, the prospectus says. Please note: The company’s stock already trades on the Hong Kong Stock Exchange under the stock symbol “9658” – according to the prospectus.)