Deloitte assists spin-off listing of Super Hi on Stock Exchange of Hong Kong

Deloitte China assisted the listing of Super Hi International Holding Ltd. ("Super Hi", stock code: 09658.HK) by way of introduction on the Main Board of the Stock Exchange of Hong Kong (the Exchange) on 30 December 2022. 

Zhaocheng Zhou (left), executive Director, chairman of the Board and chief executive officer of Super Hi, attend the listing ceremony of Super Hi with a representative from the Exchange.

About the client

Before the spin-off listing, Super Hi is a component of Haidilao International Holding. It is a self-operated restaurant brand, primarily serving Haidilao hot pot in the international market.

Since opening the first restaurant in Singapore in 2012, Super Hi have expanded to 110 restaurants in 11 countries across four continents as of the latest practicable date in Singapore, Thailand, Vietnam, Malaysia, Indonesia, Japan, Korea, the US, Canada, the UK, and Australia.

_{Source: IPO listing document of Super Hi released on 19 December 2022}

About this IPO engagement

Deloitte China has been the auditor of Haidilao International for a number of years. After starting to serve as the reporting accountants of Super Hi, Deloitte China swiftly established a multidisciplinary professional service engagement team with members from Audit & Assurance (A&A), Technical, Valuation Review, Risk Advisory and Data Analysis. Leveraging their vast experience in capital market services and outstanding service capability, as well as the global network resource of Deloitte Global, especially the collaboration with different Deloitte offices in the Asia Pacific region (including Singapore and Vietnam), the engagement team delivered the highest quality of professional services in this engagement with the cooperation and completed the work efficiently under a challenging timetable. Through cooperation and collaboration with all the involved intermediaries, we helped Super Hi to debut on Hong Kong's Main Board on 30 December 2022.

Deloitte China congratulates Super Hi on its successful listing on the Exchange. We will continue to provide high quality professional services to assist more clients to take one-step ahead in today's increasingly competitive and complex business environment.