The 2022 Hurun Brand List was recently released, with four Xiamen brands making the list. Luckin Coffee, Xtep, and Anjoy are tied at 214th place on the list with a brand value of 4.5 billion yuan, while Kingdomway ranks 269th with a brand value of 3 billion yuan. These four Xiamen companies experienced rapid growth in 2022. According to their financial reports, in 2022, Luckin Coffee's total net revenue was 13.293 billion yuan, a year-on-year increase of 66.9%; Xtep International's annual revenue was 12.930 billion yuan, a year-on-year increase of 29.1%; Anjoy Food is expected to achieve operating revenue of approximately 12.175 billion yuan, a year-on-year increase of approximately 31.3%.
