Capacity ExpansionCR Bev plans to increase capacity substantially in 2024-26 with its self-owned factories to increase market share and improve profitability.
Market PositionCR Bev is the second-largest company in packaged drinking water market in China and the largest company in the purified drinking water market in China by retail sales value.
Market VolatilityShould it expand its capacity as stated in the prospectus, and go IPO successfully, it could still create volatility in the bottled water market.