Welcome to our dedicated page for CHAGEE HLDGS SEC filings (Ticker: CHA), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
This page provides access to U.S. Securities and Exchange Commission filings and related disclosures for Chagee Holdings Limited (NASDAQ: CHA), a premium tea drinks brand serving healthy and delicious freshly-made tea beverages. As a foreign private issuer, Chagee furnishes reports such as Form 6-K to share press releases and financial information with investors under the U.S. securities laws.
In its furnished materials, Chagee presents unaudited quarterly financial results, including net revenues, operating income, net income, non-GAAP net income, and detailed breakdowns of operating expenses. The company also discloses key operating data such as the number of franchised and company-owned teahouses, GMV generated in Greater China and overseas markets, average monthly GMV per teahouse, and membership statistics from its mobile mini program. These filings help investors understand how the teahouse network and sales performance are changing over time.
Chagee’s SEC-related documents also describe its use of non-GAAP financial measures, explaining adjustments for share-based compensation expenses and providing reconciliations to the nearest GAAP figures. In addition, filings and associated exhibits may reference capital markets activities, including the company’s initial public offering of American Depositary Shares, the exercise of underwriters’ over-allotment options, and dividend declarations.
On Stock Titan, these filings are complemented by AI-powered summaries that highlight the main points of each document in clear language. Investors can quickly see what changed in a given quarter, how revenues from franchised and company-owned teahouses evolved, and how operating metrics such as GMV and membership developed. The page updates as new information is furnished to EDGAR, giving users a structured view of Chagee’s regulatory disclosures and financial narrative over time.
Chagee Holdings Limited reported unaudited fourth quarter and full year 2025 results showing revenue resilience but sharply lower profitability. Total net revenues were RMB2,974.5 million in Q4 2025, down from RMB3,334.4 million a year earlier, while full year revenues rose to RMB12,907.4 million from RMB12,405.6 million.
Q4 2025 net income dropped to RMB33.9 million, a 1.1% margin, versus RMB644.1 million and a 19.3% margin in Q4 2024. Non-GAAP net income was RMB100.0 million in Q4 2025, well below RMB644.1 million a year earlier. For 2025, net income declined to RMB1,186.3 million from RMB2,514.6 million, though non-GAAP net income was RMB1,909.9 million.
Operating expenses increased, led by higher general and administrative costs, while financial income and government grants supported earnings. Cash, restricted cash and time deposits grew to RMB7,892.4 million as of December 31, 2025. The store network expanded to 7,453 teahouses, but same store GMV growth in Greater China remained negative, at (25.5)% in Q4 2025.
Chagee Holdings Ltd. Vice President Hu Wei Jen filed an initial ownership report showing his equity interests in the company. He holds 76,969 American Depositary Shares directly, with each ADS representing one Class A Ordinary Share. He also beneficially owns 999,981 Class A Ordinary Shares indirectly through TeaBloom Limited, a British Virgin Islands company wholly owned by him. In addition, he holds an employee stock option covering 89,653 Class A Ordinary Shares at an exercise price of $3.7614 per share, expiring on May 1, 2034, vesting in three annual tranches from March 1, 2026 through March 1, 2028. This filing reflects ownership holdings rather than new share purchases or sales.
Chagee Holdings Ltd. Chief Operating Officer Yin Dengfeng filed an initial Form 3 reporting his equity interests. He holds employee stock options covering 241,281 Class A Ordinary Shares at an exercise price of 3.7614 per share, expiring on May 1, 2034, with 80,427 shares scheduled to vest on each of March 1, 2026, March 1, 2027 and March 1, 2028. He also directly holds 267,226 American Depositary Shares, each representing one Class A Ordinary Share, and has indirect ownership of 11,522,236 Class A Ordinary Shares through TeaTide Limited, a trust-related entity over which he retains investment power.
Chagee Holdings Ltd. Chief Financial Officer Hongfei Huang filed an initial ownership report showing his equity interests in the company. He holds employee stock options covering 1,013,195 Class A Ordinary Shares at an exercise price of 3.7614 per share, expiring on October 10, 2034. These options vest in tranches: 253,298 shares on October 10, 2025 and 253,299 shares on each of October 10, 2026, October 10, 2027, and October 10, 2028.
He also has 38,360 Restricted Stock Units, with 9,590 Class A Ordinary Shares scheduled to vest on each anniversary commencing from June 15, 2026. Indirectly, 200,000 Class A Ordinary Shares are held through Golden Magnificence Investment Limited, a British Virgin Islands entity ultimately controlled by a trust for which he retains investment power. Additionally, 16,000 American Depositary Shares are held by his spouse, with each ADS representing one Class A Ordinary Share. The filing reflects holdings only and does not report new purchases or sales.
Chagee Holdings Ltd. director Wang Yi filed an initial ownership report showing holdings of 1,693 American Depositary Shares. This Form 3 does not reflect a new trade; it simply records Wang Yi’s existing stake. Each ADS represents one Class A Ordinary Share of Chagee Holdings.
Chagee Holdings Ltd. director Li Yifan (Frank) filed an initial ownership report showing beneficial ownership of 1,693 American Depositary Shares. This Form 3 does not reflect any recent purchase or sale, but simply records his existing direct holdings. Each American Depositary Share represents one Class A Ordinary Share.
Chagee Holdings Ltd. executive Xu Chi, a Vice President, filed an initial ownership report. The filing lists direct holdings of 48,264 American Depositary Shares, with each ADS representing one Class A Ordinary Share. It also shows an employee stock option over 67,322 Class A Ordinary Shares at an exercise price of $3.7614 per share, expiring on May 1, 2034. According to the vesting schedule, 22,441 shares vest on March 1, 2026, 22,440 on March 1, 2027, and 22,441 on March 1, 2028.
Chagee Holdings Ltd. director ZHANG TAISU filed an initial ownership report showing a direct holding of 1,693 American Depositary Shares (ADS) of the company. Each ADS represents one Class A Ordinary Share, so this filing simply records Zhang’s existing equity position without indicating any recent trades.
Chagee Holdings Ltd. vice president Lu Mian filed an initial ownership report showing a mix of direct option awards and indirect share holdings. He holds employee stock options over 125,667 Class A Ordinary Shares that vest in tranches from March 1, 2025 through March 1, 2028, with very low exercise prices disclosed in the footnotes. Additional option grants cover 94,885 and 30,421 Class A Ordinary Shares. Indirectly, 1,199,981 Class A Ordinary Shares are held through TeaNexus Limited, a British Virgin Islands company wholly owned by him.
Chagee Holdings Ltd. director and Chief Executive Officer Junjie Zhang filed an initial ownership report showing significant equity interests. He indirectly holds Class B Ordinary Shares through Partea Ltd. that are convertible into 65,274,107 Class A Ordinary Shares on a one-for-one basis with no expiration of conversion rights.
He also holds employee stock options giving him the right to buy 514,732 Class A Ordinary Shares at an exercise price of $3.7614 per share, expiring on May 1, 2034. The options vest in four equal tranches of 128,683 Class A Ordinary Shares on March 1 of 2025, 2026, 2027, and 2028.