A Notable Achievement for DPC Dash Ltd
DPC Dash Ltd, the exclusive master franchisee for Domino’s Pizza in Mainland China, the Hong Kong Special Administrative Region, and the Macau Special Administrative Region, is proud to announce its selection as a constituent stock for the Hong Kong Hang Seng Composite Index.
The inclusion is set to take effect on September 4th, 2023.
The Hang Seng Composite Index: An Overview
Debuted in 2001, the Hang Seng Composite Index, known as “HSCI,” serves as a crucial barometer of the Stock Exchange of Hong Kong.
This index provides a reliable snapshot of the Hong Kong market’s performance, encapsulating the top 95th percentile of the total market capitalization of companies listed on the Stock Exchange’s Main Board.
For DPC Dash Ltd, being embraced by this benchmark signifies a significant stride that’s poised to augment the company’s investor base and market position.
A Milestone Recognized
Commenting on this achievement, Ms. Aileen Wang, CEO & Executive Director of DPC Dash, expressed the company’s elation.
“We are very pleased to be included in the Hang Seng Composite Index,” she remarked.
Ms. Wang emphasized the significance of this recognition, deeming it a pivotal milestone for DPC Dash, one that spurs the company to maintain its momentum and continue its upward trajectory.
Elevating Brand and Reputation
Ms. Wang further highlighted the broader implications of this index inclusion.
“We believe that becoming a part of this index will further elevate the group’s brand and reputation, capturing the attention of investors worldwide,” she said.
This acknowledgment serves as an affirmation of DPC Dash’s growth strategy and its appeal to investors keen on market movers.
The Role of DPC Dash Ltd
DPC Dash Ltd is Domino’s Pizza’s exclusive master franchisee for the vast expanse of China mainland, Hong Kong, and Macau. The global franchisor, Domino’s Pizza, Inc., stands tall as one of the most globally recognized consumer brands and the world’s largest pizza company.
Spearheaded by a seasoned and visionary management team, DPC Dash Ltd distinguishes itself from competitors with a menu that is not only pizza-focused but also continuously developed and localized.
Their proficiency in delivery, technology integration, and a scalable store economic model further solidifies their market leadership.
Growth Trajectory and Recognition
With a robust presence spanning 20 cities in China mainland, DPC Dash Ltd operates a network of 672 stores as of June 30, 2023.
The company’s exceptional growth trajectory positions it as the fastest-growing among China’s top-five pizza brands. Additionally, DPC Dash holds the honor of being the third-largest pizza brand in terms of 2022 revenue, according to a report by Frost & Sullivan in March 2023.
This recognition underscores DPC Dash’s unwavering commitment to excellence within the industry.
History of Domino’s Pizza’s in China
Domino’s Pizza made its grand entrance into the Chinese market in 2004, amidst fierce competition from local pizza chains. Despite initial skepticism, Domino’s quickly adapted to the unique taste preferences and cultural nuances of Chinese consumers. One key strategy that set them apart was their innovative use of technology, leveraging online ordering platforms and cutting-edge delivery tracking systems. In fact, Domino’s became one of the first pizza chains in China to offer mobile ordering options, sparking a new trend in the industry.
Expanding rapidly across major cities like Beijing and Shanghai, Domino’s faced additional challenges in winning over traditional Chinese palates accustomed to local flavors.
To cater to this diverse range of taste preferences, they launched some extraordinary localized offerings such as Peking Duck Pizza and Seafood Pizza featuring exotic ingredients like black pepper crab meat. This bold move not only satisfied local cravings but also showcased their commitment to adaptability and innovation.
As the demand for fast food continued to soar with urbanization in China, Domino’s further capitalized on its success by strategically partnering with popular local brands such as Haidilao Hot Pot. This cross-promotion helped them tap into a wider customer base and gain greater visibility among Chinese diners.
Now firmly established as one of China’s leading international pizza chains, Domino’s continues to thrive by embracing an agile approach towards meeting evolving consumer needs while staying true to its brand promise: delivering quality pizzas at competitive prices with unparalleled convenience.
Sources: THX News & DPC Dash Ltd.
