Core Viewpoint - Avita Technology has officially submitted its IPO application to the Hong Kong Stock Exchange, marking it as the first state-owned enterprise in the new energy vehicle sector to do so. The funds raised will be allocated for product development, platform and technology development, brand building, sales service network expansion, and working capital supplementation [1]. Funding and Valuation - Since its establishment, Avita has completed four rounds of financing, raising a total of over 19 billion yuan, with the latest round (C round) exceeding 11 billion yuan. The company's valuation has consistently increased, surpassing 30 billion yuan after the C round [1]. Sales Performance - Avita has shown strong sales momentum since it began deliveries in December 2022, achieving a record high of 13,506 vehicles sold in October, marking eight consecutive months of sales exceeding 10,000 units. Revenue has also doubled, with projected revenues of 15.195 billion yuan in 2024, representing a year-on-year growth of 169.16%, and over 12.208 billion yuan in the first half of 2025, reflecting a year-on-year increase of 98.52% [1]. Strategic Partnerships - The company leverages the strengths of its partners, Changan Automobile, Huawei, and CATL, to drive high-quality and rapid development. The collaboration has strengthened over time, leading to the joint creation of HI PLUS and the establishment of a new type of partnership based on capital ties. In August 2024, Avita invested 11.5 billion yuan in Huawei, acquiring a 10% stake [1]. Compliance and Governance - The move to list in Hong Kong reflects Avita's high standards of compliance and modern governance capabilities [1].
阿维塔科技正式向港交所递交IPO申请
Cai Jing Wang·2025-11-28 07:52