Core Insights - Chery Automobile officially listed on the Hong Kong Stock Exchange on September 25, 2023, marking a significant milestone after over 20 years of preparation, with a market response showing a 10.37% increase in stock price and a total market capitalization of HKD 195.7 billion [2] - The IPO raised a total of HKD 9.145 billion, making it one of the largest IPOs in the Hong Kong market this year, with 297 million shares issued at a price of HKD 30.75 [2] - The company experienced strong demand during the global offering, achieving a subscription rate of 308.18 times for the public offering in Hong Kong and 11.61 times for the international offering [2] Company Performance - Chery's global sales are projected to reach 2.295 million units in 2024, ranking second among Chinese independent brand passenger vehicles, and it has maintained the title of "China's independent brand passenger vehicle export leader" for 22 consecutive years since 2003 [2] - The company is expected to achieve overseas revenue exceeding RMB 100 billion in 2024, representing a significant increase of 232% compared to 2022 [2] - For the fiscal year 2024, Chery is projected to generate operating revenue of RMB 269.897 billion and a net profit of RMB 14.334 billion, with compound annual growth rates of 70.7% for revenue and 57.1% for net profit from 2022 to 2024 [3] - In the first quarter of 2025, Chery continued its high growth trajectory, with revenue and net profit increasing by 24.2% and 90.9% year-on-year, respectively [3]
【IPO追踪】募资超90亿，奇瑞汽车登陆港股大涨超10%