nbajamcountercade| Tehai International's IPO rose 48% on the first day and hit a suspension

On Friday, Haidilao's overseas subsidiary Tehai International (HDL)nbajamcountercade.US) The IPO opened up 48% on its first day, peaking at $29.7, previously givennbajamcountercadeits IPO price is $19.56 per ADS. The stock is currently suspended, with a total market value of US$1.871 billion.

According to financial data provided by Tehai International, the company's total revenue in 2023 will reach US$686.4 million, an increase from US$558.2 million in the previous year. At the same time, the company successfully turned a profit, with a net profit of US$25.3 million in 2023, compared with a loss of US$41.3 million in the same period in 2022. This performance shows the company's strong growth momentum and good profitability.