Chagee Holdings Limited American Depositary Shares

⁦Chagee Holdings Limited⁩, ⁦operating through its various subordinate entities⁩, ⁦is engaged in the ownership⁩, ⁦operation⁩, ⁦and licensing of teahouse establishments bearing the distinctive CHAGEE brand⁩. ⁦These operations extend across the People's Republic of China and into international territories⁩.