Group 1 - The company, Botai Che Lian, plans to conduct an IPO from September 22 to September 25, 2025, offering 10.4369 million H-shares globally, with 10% allocated for Hong Kong and 90% for international sales, at a proposed price of HKD 102.23 per share [1] - Botai Che Lian is a leading provider of smart cockpit solutions in China, ranking third in the market for passenger car smart cockpit domain controllers with a market share of 7.3% as of 2024 [1] - The company differentiates itself by offering integrated smart cockpit solutions that combine software, hardware, and cloud services, catering to diverse customer needs [1] Group 2 - The company has shown significant revenue growth, with revenues of RMB 1.218 billion, RMB 1.496 billion, RMB 2.557 billion, and RMB 754 million for the years 2022, 2023, 2024, and the first five months of 2025, respectively [2] - Gross profits for the same periods were RMB 171 million, RMB 231 million, RMB 301 million, and RMB 98.7 million, with gross margins of 14.1%, 15.4%, 11.8%, and 13.1% [2] - The company reported net losses of RMB 4.52 billion, RMB 2.84 billion, RMB 5.41 billion, and RMB 2.2 billion for the years 2022, 2023, 2024, and the first five months of 2025, respectively [2] Group 3 - The company has entered cornerstone investment agreements with Horizon Together Holding Ltd., Huangshan SP, and Smart Ventures Limited, with total subscriptions amounting to approximately HKD 466 million [3] - The estimated net proceeds from the global offering are approximately HKD 919 million, after deducting estimated underwriting commissions, fees, and expenses [3] - The intended use of the net proceeds includes 30% for expanding product offerings and enhancing technology, 30% for improving production and testing capabilities, 20% for expanding sales and service networks, 10% for strategic investments, and 10% for working capital and general corporate purposes [3]
博泰车联9月22日-9月25日招股 拟全球发售1043.69万股H股
Zhi Tong Cai Jing·2025-09-21 22:36