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EX-99.3 18 tm246985d24_ex99-3.htm EXHIBIT 99.3 Chagee Holdings Ltd - Consent of Shanghai iResearch Co., Ltd.

 

Exhibit 99.3

 

Shanghai iResearch Co., Ltd.

 

March 5th, 2025

 

Chagee Holdings Limited

 

15/F, IFS Building 2,

Hongxing Road, Jinjiang District,

Chengdu,People’s Republic of China

 

Re: Chagee Holdings Limited

 

Ladies and Gentlemen,

 

We understand that Chagee Holdings Limited (the “Company”) has confidentially submitted a draft registration statement on Form F-1 and plans to file a registration statement on Form F-1 (as may be amended from time to time, the “Registration Statement”) with the United States Securities and Exchange Commission (the “SEC”) under the Securities Act of 1933, as amended, in connection with its proposed initial public offering (the “Proposed IPO”).

 

We hereby consent to the references to our name and the inclusion of information, data and statements from our research reports (collectively, the “Report”), and any subsequent amendments to the Report, as well as the citation of our Report, (i) in the Registration Statement, (ii) in any written correspondence with the SEC, (iii) in any other future filings with the SEC by the Company, including, without limitation, filings on Form 20-F, Form 6-K or other SEC filings (collectively, the “SEC Filings”), (iv) on the websites of the Company and its subsidiaries and affiliates, (v) in institutional and retail road shows and other activities in connection with the Proposed IPO, and (vi) in other publicity materials in connection with the Proposed IPO.

 

We further hereby consent to the filing of this letter as an exhibit to the Registration Statement and as an exhibit to any other SEC Filings.

 

Yours faithfully,

 

For and on behalf of

 

Shanghai iResearch Co., Ltd.,

 

/s/ Qi QIAN 

Name: Qi QIAN

Title: Research Director