Group 1 - Chery Automobile plans to launch its IPO on September 17, targeting a valuation of HKD 140 billion [1] - The company aims to raise between USD 1.5 billion and USD 2 billion, approximately HKD 11.7 billion to HKD 15.6 billion, potentially making it the largest IPO of a car company on the Hong Kong Stock Exchange this year [3] - The funds raised will be allocated to various areas including R&D for new vehicle models, advanced technology development, international market expansion, production facility upgrades, and general corporate purposes [3] Group 2 - Chery's IPO journey has been lengthy, starting its first listing attempt in 2004, and it has faced multiple challenges over the years [3] - The company submitted its listing application to the Hong Kong Stock Exchange on February 28, which became invalid after six months without hearing, and re-applied on August 29 [5] - Financial projections indicate that Chery's revenue for 2022, 2023, 2024, and Q1 2025 are expected to be CNY 92.618 billion, CNY 163.205 billion, CNY 269.899 billion, and CNY 68.223 billion respectively, with net profits of CNY 5.806 billion, CNY 10.444 billion, CNY 14.334 billion, and CNY 4.726 billion [5] Group 3 - In 2024, Chery's sales volume is projected to reach 2.6039 million units, a year-on-year increase of 38.4%, with exports accounting for 1.1446 million units, a 21.4% increase [5] - Chery ranks as the second largest domestic independent brand passenger car company and the eleventh largest globally based on 2024 global passenger car sales [7] - The company has set a sales target of 3 million units for this year, having sold 1.7273 million vehicles and exported 798,800 vehicles by the end of August [7]
奇瑞汽车计划9月17日开簿招股 目标估值1400亿港元
Guo Ji Jin Rong Bao·2025-09-16 04:42