Group 1 - Chery Automobile Co., Ltd. has commenced its IPO process, which will run from September 17 to September 22, with plans to list on the Hong Kong Stock Exchange on September 25 under the stock code "9973" [1] - The company plans to issue approximately 297 million H-shares in this IPO, with 29.74 million shares available for public offering in Hong Kong and around 268 million shares for international offering [1] - The IPO price range is set between HKD 27.75 and HKD 30.75 per share, which would result in a market capitalization between HKD 160.04 billion and HKD 177.34 billion [1] Group 2 - The total expected fundraising amount from this global offering is HKD 8.699 billion, with a net fundraising amount of HKD 8.441 billion [1] - The funds raised will be utilized for research and development of various models and versions of passenger vehicles over the next one to three years, aimed at expanding the company's product portfolio [1]
奇瑞汽车今日起招股，9月25日在港挂牌上市