Sichuan Baicha Baidao

Sichuan Baicha Baidao, widely known by its brand name ChaPanda, is a prominent Chinese tea-based beverage chain headquartered in Chengdu. Established in 2008, the company has grown into one of the largest players in China's freshly made tea market, specializing in fruit-infused teas and milk teas. ChaPanda operates primarily through a franchise model, boasting thousands of retail outlets across mainland China. In April 2024, the company successfully listed on the Hong Kong Stock Exchange, marking a significant milestone in its corporate expansion. Its business model emphasizes standardized supply chain management and a distinctive brand identity centered around its giant panda mascot. The company focuses on the 'new tea' retail sector, targeting younger consumers with innovative flavor profiles and high-quality ingredients.