Group 1 - Chery Automobile has officially passed the hearing for its IPO on the Hong Kong Stock Exchange, marking a significant milestone after multiple failed attempts over nearly 20 years [2][3] - The company submitted its IPO application again on August 29, just one day after a previous application expired, indicating strong preparation and urgency for the listing [5][6] - Chery's chairman, Yin Tongyue, has emphasized the importance of the IPO for the company's long-term capital strategy and stock incentive mechanisms, as it is one of the few major domestic automakers yet to go public [5][6] Group 2 - Chery's financial performance has shown substantial growth, with a revenue of 68.22 billion yuan in Q1 2025, a year-on-year increase of approximately 24.2%, and a net profit of 4.726 billion yuan, up about 90% [7] - From 2022 to 2024, Chery's revenue grew from 92.618 billion yuan to 269.8997 billion yuan, reflecting a compound annual growth rate of 70.7% [7] - The company has also seen a significant increase in its electric vehicle sales, with the proportion of revenue from new energy vehicles rising from 4.9% in 2023 to 27.3% in Q1 2025 [8] Group 3 - Chery has maintained its position as the leading exporter of Chinese self-owned brand passenger vehicles, with over 13 million units sold globally and a revenue of 100.897 billion yuan from overseas markets in 2024, accounting for 37.4% of total revenue [8] - The company has achieved a gross profit margin of 12.4% in Q1 2025, although it has seen a decline from 14.9% in the previous year due to increased competition and new taxes in overseas markets [9] - Chery's commitment to ESG (Environmental, Social, and Governance) practices has been recognized, with several awards and certifications highlighting its sustainable development efforts [10]
倒计时！奇瑞汽车“闯过”上市聆讯，有望成就港交所年内最大车企IPO
Hua Xia Shi Bao·2025-09-10 03:26