Core Viewpoint - Seres has initiated its Hong Kong IPO, aiming to become the first luxury new energy vehicle company listed in both A-share and H-share markets, with the listing date set for November 5 under the stock code "9927" [1][3]. Group 1: IPO Details - The IPO will involve a base issuance of 100.2 million H-shares, with 10.02 million shares available for public offering in Hong Kong and approximately 90.18 million shares for international placement, subject to adjustments based on demand and over-allotment options [3]. - The IPO has attracted 22 cornerstone investors, including notable entities such as Chongqing Industry Mother Fund, Linyuan Fund, GF Fund, Schroders, and China Post Life [3]. Group 2: Business Strategy and Growth - Seres focuses on high-end smart electric vehicles, having launched the premium smart new energy brand "AITO" in collaboration with Huawei since 2021, with products like AITO M9 and M8 contributing to significant sales growth [3]. - According to the prospectus, Seres is projected to achieve revenues of 145.114 billion yuan in 2024, representing a year-on-year growth of 305.47%, with net profit attributable to shareholders expected to increase significantly [3]. Group 3: Market Positioning - The Hong Kong listing is expected to enhance Seres' global resource integration, technology R&D collaboration, and brand value, showcasing the core competitiveness of Chinese new energy vehicle companies in the high-end market [3].
赛力斯今日开启招股将成为“首家A+H豪华新能源车企”