奇瑞汽车闯关港交所：已获中国证监会备案，港股有望迎来最大规模车企IPO，即将开启全球化战略新起点

Core Viewpoint - Chery Automobile's upcoming listing on the Hong Kong Stock Exchange marks a significant step in its global strategy, aiming to raise funds for the development of new energy vehicles and expand its international market presence [3][6]. Group 1: Listing Details - Chery Automobile plans to issue up to approximately 699 million shares for its overseas listing and convert nearly 2.016 billion shares held by 18 shareholders into shares for the Hong Kong market [3][4]. - The company submitted its prospectus to the Hong Kong Stock Exchange on February 28, 2023, with CICC, Huatai Securities, and GF Securities as joint sponsors [4]. - If successful, this IPO will be one of the largest in recent years for an automotive company on the Hong Kong market [4]. Group 2: Financial Performance - In 2024, Chery Group achieved a record sales volume of 2,603,916 vehicles, representing a year-on-year increase of 38.4% [5]. - The company also reported an export volume exceeding 1 million vehicles, reaching 1.144 million, which is a 21% increase year-on-year [5]. - Chery Group ranked 233rd on the 2025 Fortune Global 500 list, with a revenue of $59.6939 billion, marking a significant leap of 152 places from the previous year [5]. Group 3: Strategic Focus - The company aims to balance its traditional fuel vehicle business while accelerating its new energy vehicle initiatives and optimizing its product structure [6]. - The Hong Kong listing is expected to broaden Chery's financing channels, providing ample funds for innovation in new energy research and development [6]. - This move is seen as a new starting point for Chery to enter the international capital market, as stated by Chairman Yin Tongyue [6].