作为2025年港股最大车企IPO，奇瑞汽车上市首日备受关注。 9月25日，奇瑞汽车（股票代码：09973.HK）在香港联交所主板正式挂牌上市，首日表现整体积极，获 得了市场较高的关注度。 上市首日开盘表现34.2港元/股，较发行价上涨11.22%， 盘中最高涨幅一度超过13%，收盘表现31.92港 元/股，较发行价上涨3.8%。首日开盘市值一度超2000亿港元。 | ■奇瑞汽车 | | | | 8 7 Q | | | --- | --- | --- | --- | --- | --- | | 09973 L2 ▼ | | | | | | | 33,880 ++ | 34.200 最高 34.980 最低 | | | | 33 880 | | 换手 10.13% 3.180 | 1.24% 总量2868万股 金额 | | | | 9.62 6 | | 总值⊙ 1954亿 市盈 11.29 市净 | | | 6.43 | | 重家 | | 分时 五日 日K | | 围K 目K | 中文 | | | | 均价:33.530 最新: 33.880 3.130 10.18% | | | | | | | B4.980 | ...

新京报贝壳财经讯（记者林子）9月25日，奇瑞汽车在港交所正式上市，盘中一度涨超10%，收盘股价报 31.92港元，涨3.80%，总市值达到1840.9亿港元。此次上市，奇瑞汽车以30.75港元/股的招股价上限定价，募 资规模达91.4亿港元，一举成为年内港股市场规模最大的车企IPO（首次公开募股）。 上市当天，奇瑞汽车凭借1840.9亿港元的总市值一举超越了小鹏汽车、长城汽车（601633）、蔚来等车企， 在香港上市车企总市值中位列第四。目前，前三名分别是比亚迪（002594）、理想汽车、吉利汽车。其中吉 利汽车的总市值为1866.86亿港元，比奇瑞汽车多近30亿港元。 | | 香港上市汽车企业市值一览 (截至2025年9月25日收盘) | | | --- | --- | --- | | 排名 | 股票简称 | 市值(港元) | | 1 | 比亚迪股份 | 9864.81亿 | | 2 | 理想汽车-W | 2183.70亿 | | 3 | 吉利汽车 | 1866.86亿 | | 4 | 奇瑞汽车 | 1840.90亿 | | 5 | 小鹏汽车-W | 1648.17亿 | | 6 | 长城汽车 | 1406 ...

9月25日，奇瑞汽车股份有限公司（股票代码：9973.HK）在香港联合交易所主板挂牌上市。作为港股2025年以来规模最大的车企IPO，奇瑞汽车此次上 市，标志其迈入了国际资本市场的新阶段。 奇瑞汽车上市仪式 奇瑞汽车此次港股IPO全球发售2.97亿股H股（绿鞋前），发行价格为30.75港元/股，募集资金总额约91.45亿港元。此次引入了13家基石投资者，包括高瓴 旗下HHLR、景林资产、大家人寿、国轩香港等知名机构，以及国资企业和上下游产业链公司等，显示出各方资本对公司未来发展的信心。上市首日，奇 瑞汽车开盘价为34.2港元/股，较发行价上涨11.22% 。 "此次港股上市，是奇瑞迈进国际资本市场的重要一步，也是扛起更大责任、迎接更大使命的全新起点。"尹同跃表示，未来的奇瑞不仅要追求商业价值的 成功，更要追求社会价值的贡献。奇瑞将借助资本的力量，加速技术创新，深化全球布局，持续做强汽车主业；同时也将积极培育更多优秀企业，助力它 们化茧成蝶、接力上市，为产业生态注入源源不断的活力。奇瑞立志成为"创新驱动、全球信赖的智能出行生态引领者"，为中国汽车产业高质量发展贡献 更多力量。 奇瑞汽车自1997年成立以来，一直 ...

Core Viewpoint - Chery Automobile Co., Ltd. has successfully listed on the Hong Kong Stock Exchange, marking a significant milestone as the largest IPO for an automotive company in Hong Kong since 2025, and indicating its entry into the international capital market [1][2] Group 1: IPO Details - Chery's IPO involved a global offering of 297 million H-shares at an issue price of HKD 30.75 per share, raising approximately HKD 9.145 billion [1] - The stock opened at HKD 34.2 per share on the first day of trading, reflecting an increase of 11.22% from the issue price [1] - The IPO attracted 13 cornerstone investors, including notable institutions such as Hillhouse Capital and Jinglin Asset, demonstrating strong confidence in the company's future [1] Group 2: Future Strategy and Goals - The company aims to leverage capital to accelerate technological innovation, deepen global expansion, and strengthen its core automotive business while contributing to social value [2] - Chery aspires to become a leader in the intelligent mobility ecosystem, driven by innovation and global trust, contributing to the high-quality development of China's automotive industry [2] Group 3: Performance and Growth - Since its establishment in 1997, Chery has focused on industry innovation and international market penetration, with a projected 49.4% year-on-year increase in passenger car sales for 2024, ranking it among the top twenty global passenger car companies [2][3] - Chery has maintained its position as the top exporter of passenger cars among Chinese brands for 22 consecutive years, with strong sales in Europe, South America, and the Middle East [3] Group 4: Fund Utilization - The funds raised from the IPO will be allocated as follows: 35% for developing various passenger car models, 25% for next-generation vehicles and advanced technology, 20% for expanding overseas markets, 10% for enhancing production facilities in Wuhu, and 10% for working capital [4] - This funding strategy reflects Chery's focus on increasing R&D investment, particularly in new energy and smart technology, while accelerating its global expansion [4] Group 5: Financial Performance - Chery's revenue is projected to grow from CNY 92.618 billion in 2022 to CNY 269.897 billion in 2024, with net profit increasing from CNY 5.806 billion to CNY 14.334 billion [4] - In Q1 2025, the company reported revenue of CNY 68.223 billion and a net profit of CNY 4.726 billion, marking a significant year-on-year growth of 90.9% [4]

每经记者：黄辛旭 每经编辑：裴健如 新能源车收入占比增长 从奇瑞披露的招股书来看，其2024年全球累计销量超过229.5万辆，同比增长49.4%。 值得一提的是，奇瑞方面称，公司乘用车的平均售价稳步增长，2024年度较2022年度增长33.5%，其中 国内、国外乘用车平均销售单价增长率分别为37.0%、19.4%，奇瑞及捷途两大品牌平均销售单价增长 率分别为30.9%、39.5%。 《每日经济新闻》记者注意到，奇瑞营收和净利润近年也保持增长态势。2022年、2023年、2024年和 2025年一季度，公司营收分别为926.18亿元、1632.05亿元、2698.97亿元、682.23亿元；净利润分别为 21年上市路，奇瑞终于圆梦。 9月25日，奇瑞汽车股份有限公司（以下简称奇瑞，HK09973，股价31.920港元，市值1841亿港元）正 式登陆港交所。截至当日收盘，奇瑞股价上涨3.80%。 此次上市，奇瑞汽车以30.75港元/股的招股价上限定价，募资规模达到91.4亿港元，成为年内港股市场 规模最大的车企IPO（首次公开募股）。 视觉中国 在本次IPO中，奇瑞发行约2.97亿股H股。其中，香港公开发售约0. ...

Core Insights - Chery Automobile has successfully completed its IPO on the Hong Kong Stock Exchange, raising HKD 91.4 billion, marking the largest IPO for a car company in the Hong Kong market this year [1][2] - The company plans to allocate the net proceeds from the IPO to various strategic initiatives, including R&D for new vehicle models, advanced technology, international market expansion, and facility upgrades [1][2] Financial Performance - Chery's projected global sales for 2024 are over 2.295 million units, representing a year-on-year growth of 49.4% [2] - The average selling price of Chery's passenger vehicles is expected to increase by 33.5% in 2024 compared to 2022, with domestic and international price growth rates of 37.0% and 19.4%, respectively [2] - Revenue and net profit have shown consistent growth, with revenues of CNY 926.18 billion, CNY 1,632.05 billion, CNY 2,698.97 billion, and CNY 682.23 billion for the years 2022, 2023, 2024, and Q1 2025, respectively [2] Market Position and Strategy - Chery is focusing on enhancing its capabilities in the fields of new energy and intelligent vehicles, which require significant funding for R&D [3][4] - The revenue share from Chery's new energy vehicles is gradually increasing, with projections showing a rise from 4.9% in 2023 to 21.9% in 2024 [4] Investment and Shareholder Structure - The company has introduced 13 cornerstone investors, including various investment funds and asset management companies, which reflects a broad market recognition of Chery's potential [5] - Following the IPO, Chery's major shareholders include Wuhu Investment Holding, Ruichuang, and Luxshare, indicating a diversified ownership structure [5] Organizational Changes - Chery has restructured its organizational framework to align with strategic goals, creating four business units focused on different vehicle segments [6] - The company has also partnered with Huawei to enhance its R&D capabilities, committing over CNY 10 billion to develop smart vehicle technologies [6] Historical Context - Chery's journey to IPO has spanned 21 years, with various attempts and strategic shifts along the way, including a significant restructuring in 2019 to facilitate its public offering [7][8][9] - The current market conditions for electric vehicles are favorable, providing a timely opportunity for Chery to secure funding and enhance its market position [10]

格隆汇9月25日丨奇瑞汽车(09973.HK)宣布将于2025年9月30日(星期二)举行董事会会议，以(其中包括) 审阅及批准将载于公司即将刊发的中期报告的公司及其附属公司截至2025年6月30日止六个月的中期业 绩。 ...

（股份代號：9973） 董事會會議日期 奇瑞汽車股份有限公司（「本公司」）董事（「董事」）會（「董事會」）謹此宣佈將於 2025年9月30日（星期二）舉行董事會會議，以（其中包括）審閱及批准將載於本公 司即將刊發的中期報告的本公司及其附屬公司截至2025年6月30日止六個月的中 期業績。 承董事會命 奇瑞汽車股份有限公司 香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性 或完整性亦不發表任何聲明，並明確表示概不就因本公告全部或任何部分內容而產生或因依賴 該等內容而引致的任何損失承擔任何責任。 Chery Automobile Co., Ltd. 奇瑞汽車股份有限公司 （於中華人民共和國註冊成立的股份有限公司） 尹同躍先生 董事長 香港，2025年9月25日 於本公告日期，董事會包括執行董事尹同躍先生及張國忠先生；非執行董事王來 春女士、李晶女士、王津華先生、王孝偉先生、鮑思語先生、尹祥領先生及胡敬 源先生；獨立非執行董事商文江先生、楊棉之先生、葉盛基先生、路風先生、楊 善林先生及黎汝雄先生。 ...

Core Viewpoint - Chery Automobile successfully completed its IPO on the Hong Kong Stock Exchange, marking a significant milestone as it aims to enhance its market position and expand its operations globally [2]. Group 1: IPO Details - Chery's IPO was officially listed on September 25, with an opening price of HKD 34.2 per share [2]. - The funds raised will be allocated for new vehicle development, next-generation automotive technology, overseas market expansion, and upgrading production facilities in Wuhu [2]. - Chery plans to use up to 3.69 million shares (approximately 6.74% of total shares) for employee incentives, priced at HKD 3.4 per share, with a six-year lock-up period [2]. Group 2: Sales Performance - In 2024, Chery achieved a global sales volume of 2.295 million vehicles, ranking among the top twenty car manufacturers worldwide, with a year-on-year growth rate of 49.4%, the highest in this category [2]. - The company reported a 56% year-on-year increase in domestic passenger car sales for 2024, with a remarkable 277.3% growth in new energy vehicle sales, leading the top ten domestic passenger car manufacturers [3]. - Chery's market share in China increased from 11.8% in 2023 to 14.0% in 2024, ranking second among domestic brands [3]. Group 3: Product and Brand Performance - Chery has five major automotive brands, with projected sales in 2024: Chery brand at 1.52 million, Jetour at 530,000, Exeed at 130,000, iCAR at 60,000, and Zhijie at 38,500 [3]. - The Tiggo 8 series ranked first in global sales of self-owned brand fuel vehicles in 2024, while the Jetour X70 series ranked fourth in global B-class SUV sales [3]. Group 4: International Expansion - Chery has been the top exporter of self-owned brand passenger cars in China for 22 consecutive years, with products sold in over 100 countries and regions, totaling over 13 million vehicles sold globally [3]. - In 2024, overseas revenue accounted for 37.4% of total revenue, with Chery ranking first in Europe, South America, the Middle East, and North Africa for self-owned brand passenger car sales, and second in North America and other Asian regions outside China [3][4]. - The collaboration with EV MOTORS in Barcelona marks Chery as the first Chinese self-owned brand to achieve localized production in Europe, with a total of 1,075 overseas dealers by the end of 2024 [4]. Group 5: Financial Performance - Chery's revenue for 2022, 2023, and 2024 was reported at CNY 92.618 billion, CNY 177.056 billion, and CNY 269.897 billion respectively, with net profits of CNY 5.806 billion, CNY 9.949 billion, and CNY 14.334 billion [4]. - In the first quarter of 2025, Chery reported revenue of CNY 68.223 billion and a net profit of CNY 4.726 billion [4].

历时21年，尹同跃终于成功地把奇瑞，送到了资本市场的聚光灯下。 9月25日，奇瑞汽车正式在港交所挂牌，以高开13.76%开盘，市值接近2000亿港元。但随后一路高开低走，全天只涨了3.80%，当天市值为1841亿，几乎与 吉利汽车齐平。 这意味着，首日买入奇瑞汽车的投资者尤其是散户，几乎都被"活埋"，一些机构资金也在盘中加速跑路。 这一刻，对奇瑞而言，是圆梦的高光时刻；而对掌舵人尹同跃而言，则可能是其个人财富、影响力与命运的一次集体兑现。毕竟，尹同跃以约18.25%的持 股比例，身家高达300亿元，在同时代汽车掌门人中，以非李书福、王传福式的路径，实现了百亿财富梦。 但对于购买了奇瑞票的散户而言，这不是美妙的一天，可能是噩梦的开始——在奇瑞内部一切为了"拱上市"的前提下，奇瑞股价很可能上市即颠覆，此后步 入"熊关漫道"。 毕竟，从奇瑞招股书来看，奇瑞是跛脚前行，是地地道道的传统车企。今天奇瑞市值与吉利汽车港股市值（1867亿）几乎相若，但吉利的新能源早已把奇瑞 甩出"几条街"。另外，奇瑞利润非常倚重于海外市场，但随着比亚迪、长城等在海外发力，奇瑞的出口红利正在快速消失。 因此，真正引人关注的，奇瑞市值是否已经 ...