Chagee Holdings Ltd.

Chagee Holdings Limited is a beverage company that develops, produces, and retails freshly prepared tea drinks. Its core product portfolio centers on tea lattes prepared with tea bases and steamed milk, complemented by items like whipped-cream teapuccinos, espresso-style teaspressos, and fruit teas. The business model comprises both franchised locations and company-owned stores, catering to everyday retail beverage consumers across various consumer demographics.

As of December 31, 2025, the enterprise operated a global network of 7,453 teahouses across 32 province-level divisions in China and across seven international countries: Malaysia, Singapore, Thailand, Indonesia, Vietnam, the Philippines, and the United States. Of this store count, 6,838 locations were franchised and 615 were company-owned. The company's corporate headquarters is situated in Changning District, Shanghai, China.

Summary of the business section of Chagee's latest annual report, written by StockData.