CCH Holdings Ltd. (CCHH)

They are one of the leading specialty hotpot restaurant chains in Malaysia, specializing in chicken hotpot and fish head hotpot. With roots in George Town, Penang, Malaysia since 2015, they have become a top player in the specialty hotpot market in Malaysia. According to Frost & Sullivan, they were the third-largest specialty hotpot restaurant chain in Malaysia in terms of revenues generated by company-owned restaurants for the year ended December 31, 2024. Their Chicken Claypot House (鸡煲之家) brand, according to Frost & Sullivan, was the largest chicken hotpot brand in Malaysia in terms of number of restaurant outlets as of June 30, 2025.They are committed to providing the most authentic Sichuan hotpot experience with Hong Kong style chicken hotpot traditions, to suit the discerning Malaysian palate. With their established brands in specialty hotpot and exclusive signature dishes that are well received by customers, they are committed to further expanding their reach in Malaysia and beyond.They offer catering services in Malaysia and outside Malaysia mainly under two brands, namely Chicken Claypot House (鸡煲之家) for their chicken hotpot restaurants and Zi Wei Yuan (紫薇园) for their fish head hotpot restaurants through a combination of company-owned restaurant outlets and franchised restaurant outlets. As of the date of this prospectus, they operate or license a total of 32 restaurant outlets, among which there are 20 Chicken Claypot House restaurant outlets, four Zi Wei Yuan restaurant outlets, three Chicken Claypot House-Zi Wei Yuan cross-over restaurant outlets, a food court, three restaurant outlets under the brand Bibixian (比比鲜) focusing on Teochew-style chicken hotpot, and a restaurant outlet under the brand Banbudian Bistro (先启半步颠) offering Sichuan cuisine. Among the 28 restaurant outlets operated or licensed by them in Malaysia, there are 15 company-owned restaurant outlets and 13 franchised restaurant outlets, as of the date of this prospectus. Currently, they also have four franchised restaurant outlets located in three other countries, including Thailand, Indonesia and China.The cultural diversity in Southeast Asia has created a distinctive fusion cuisine landscape, and hotpot with traditions rooted in China has become a popular dining choice among customers. According to Frost & Sullivan, the market size in terms of revenues of specialty hotpot restaurants in Southeast Asia increased from US$1,592.3 million in 2019 to US$1,827.7 million in 2024 at a CAGR of 2.8%, and is expected to reach US$2,645.1 million in 2029, representing a CAGR of 7.7% from 2025 to 2029. To seize the market opportunity, they have been actively but also prudently expanding the network of their restaurant outlets in Malaysia. They are also poised for strategic expansion into other locations in Southeast Asia, such as Vietnam, Cambodia and Indonesia, as well as other international locations with significant growth potentials such as Hong Kong, Taiwan and the U.S. 

Industry
Retail - Restaurants - Hotpot

CEO	CFO
-

Employees	Founded
190	2015

Address: No. 1, Jalan Perda Jaya, Kawasan Perniagaan Perda Jaya, 14000 Bukit Mertajam, Pulau Pinang, Malaysia

Telephone: +(60) 4-5307694

Web page: https://www.chickenclaypothouse.com.my/

First Trade Date	10/3/2025
Status	Priced
Exchange	NASDAQ
Lockup Period Expiration	.Pro
Quiet Period Expiration	.Pro
Old Price Range	-

Share prices ($)

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The lead left underwriter: Cathay Securities

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Underwriters
Cathay Securities
CO-Managers