Xin Lang Cai Jing·2025-09-25 09:16Group 1 - Chery Automobile successfully listed on the Hong Kong Stock Exchange on September 25, 2025, with a base issuance scale of $1.174 billion and a maximum issuance scale of $1.35 billion after the greenshoe option, attracting cornerstone investors with a total investment of $587 million [1][3] - The IPO is the largest in the domestic automotive industry since 2022, with a subscription multiple of 308.18 times for the Hong Kong public offering and 11.61 times for the international placement, successfully bringing in 13 well-known domestic and international investors [3][4] - Chery Automobile is the second largest independent passenger car company in China and the eleventh largest globally, with a global sales volume exceeding 13 million vehicles and a presence in over 100 countries and regions [3][4] Group 2 - Chery Automobile, founded in 1997 and headquartered in Wuhu, China, aims to become an innovative and trusted participant in the global smart mobility ecosystem, providing high-quality passenger vehicles and excellent travel experiences [4] - In 2024, Chery's global sales exceeded 2.295 million units, representing a year-on-year growth of 49.4%, leading the growth rate among the top twenty global passenger car companies [4]