Core Points - Chery Automobile Co., Ltd. (stock code: "9973") was listed on the Hong Kong Stock Exchange today, with an issue price of HKD 30.75 and a total fundraising amount of HKD 9.145 billion [1] - The cornerstone investors collectively subscribed for approximately USD 587 million (about HKD 4.573 billion) [1][2] - The opening price of Chery Automobile was HKD 34.2, representing an increase of over 10% from the issue price, with a market capitalization nearing HKD 200 billion [6] Fundraising and Investor Details - Chery Automobile issued approximately 297 million shares, with a net fundraising amount of HKD 8.879 billion after deducting listing expenses of HKD 266 million [1] - Key cornerstone investors include JSC International Investment Fund SPC, Hillhouse HHLRA, Shanghai Jinglin, CICC Financial Trading Limited, and others, with significant subscriptions [1][2] Financial Performance - Chery Automobile's revenue for 2022, 2023, and 2024 is projected to be RMB 92.618 billion, RMB 163.205 billion, and RMB 269.897 billion, respectively [9][10] - The gross profit for the same years is expected to be RMB 12.805 billion, RMB 26.090 billion, and RMB 36.308 billion, respectively [9][10] - The net profit for 2022, 2023, and 2024 is projected to be RMB 5.806 billion, RMB 10.444 billion, and RMB 14.334 billion, respectively [10][12] Market Position and Product Mix - Chery Automobile has diversified its product offerings, including fuel vehicles and new energy vehicles, with five major brands: Chery, Jetour, Exeed, iCAR, and Zhijie [9] - As of the first quarter of 2025, revenue from new energy vehicles accounted for 27.3% of total revenue, indicating a shift from traditional fuel vehicles [14][16] Geographic Revenue Distribution - In the first quarter of 2025, revenue from the Greater China region accounted for 60% of total revenue, while revenue from other regions, including Europe and the Americas, contributed significantly [18][19]
奇瑞汽车港股上市：募资净额89亿港元，市值近2000亿港元，尹同跃敲钟