DPC Dash (01405) rose nearly 3% in early trading, with shares up 2.62% at HK$29 as of the time of writing, on a turnover of HK$4.58 million.

Recently, DPC Dash announced that on August 31, 2026, it granted 3.42 million share options to 15 grantees under the 2022 First Share Incentive Plan. On the same day, it granted 1.02 million share awards to 58 grantees under the 2022 Second Share Incentive Plan. Notably, these 1.02 million share awards will be vested by the trustee purchasing existing shares from the market, rather than issuing new shares, thereby avoiding an increase in the company's total share capital and preventing dilution of existing shareholders' stakes.

In the first half of 2026, DPC Dash's core operating metrics continued to improve. The company posted revenue of RMB 3.13 billion, a year-on-year increase of 20.8%, sustaining double-digit growth for multiple consecutive years. During the period, it added 235 net new stores and entered 15 new cities. As of August 14, 96% of its full-year 2026 store opening target had already been locked in, with economies of scale gradually emerging.

In the first half of 2026, the same-store transaction growth (SSTG) in new city markets turned positive for the first time, indicating that new city stores are entering a phase of normalized organic growth. Management projects that same-store sales growth (SSSG) could also turn positive in 2027, and with average transaction price (ATP) gradually recovering, profit margins are expected to improve as well.