Chagee Holdings Limited (CHA) Q2 2025 Earnings Call Transcript


Chagee Holdings Limited (NASDAQ:CHA) Q2 2025 Earnings Conference Call August 29, 2025 8:00 AM ET

Company Participants

Alicia Guo – Corporate Participant
Hongfei Huang – Chief Financial Officer
Junjie Zhang – CEO & Chairman of the Board

Conference Call Participants

Lillian Lou – Morgan Stanley, Research Division
Sijie Lin – China International Capital Corporation Limited, Research Division
Xiaopo Wei – Citigroup Inc., Research Division

Operator

Good morning and good evening, ladies and gentlemen. Thank you for standing by, and welcome to Chagee’s Second Quarter 2025 Earnings Conference Call. [Operator Instructions] Please note that today’s call — event is being recorded. With that, I will now turn the call over to the first speaker today, Ms. Alicia Guo, Investor Relations Director of the company. Please go ahead, ma’am.

Alicia Guo

Thank you. Hello, everyone, and welcome to Chagee’s Second Quarter 2025 Earnings Call. With us today are Mr. Junjie Zhang, our CEO; and Mr. Aaron Huang, our CFO. The company’s financial and operating results were released by the Newswire earlier today and are currently available online. Before we continue, I refer you to our safe harbor statements in the earnings press release which applies to this call. Any forward-looking statements that we make on this call are based on assumptions as of today, and Chagee does not undertake any obligations to update these statements. Also, this call includes discussions of certain non-GAAP financial measures. Please refer to our earnings release, which contains a reconciliation of non-GAAP measures to GAAP measures. With that, I will turn the call to our CEO, Mr. Junjie Zhang. Please go ahead, sir.

Junjie Zhang

[Interpreted] Hello, everyone. Thank you all for joining Chagee’s Second Quarter 2025 Earnings Conference Call. We truly appreciate your continued trust and support, which has enabled us to forge ahead steadily in this dynamic market environment. Before we



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