Core Viewpoint - Avita Technology has submitted an IPO application to the Hong Kong Stock Exchange, aiming to raise funds for product development, brand building, and operational expenses, despite having accumulated losses exceeding 11.3 billion yuan over the past four years [1][5][12]. Financial Performance - Avita's revenue for the years 2022 to 2025 is projected to grow significantly, with figures of 28.34 million yuan in 2022, 5.645 billion yuan in 2023, 15.195 billion yuan in 2024, and 12.208 billion yuan in the first half of 2025, reflecting a year-on-year growth rate of 98.52% in the first half of 2025 [5][7]. - The company has reported losses of 2.016 billion yuan in 2022, 3.693 billion yuan in 2023, 4.018 billion yuan in 2024, and 1.585 billion yuan in the first half of 2025, totaling a cumulative loss of 11.312 billion yuan over three and a half years [5][7]. Sales and Market Position - Avita has delivered a total of 61,588 vehicles by 2024, with a significant increase of approximately 151.1% in the first half of 2025 compared to the same period in 2024 [8][10]. - The company aims to achieve global sales of 400,000 vehicles by 2027, 800,000 by 2030, and 1.5 million by 2035 [1][11]. Product Development and Strategy - Avita plans to launch five upgraded models in collaboration with Huawei by 2026 and a total of 17 models by 2030, covering various segments including sedans, SUVs, and MPVs [11]. - The company has introduced four mass-produced models: Avita 06, 07, 11, and 12, and aims to expand its product matrix to cover high-end and luxury markets [5][10]. Shareholding Structure - As of the latest available date, Changan Automobile holds a 40.99% stake in Avita, making it the largest shareholder, followed by CATL with 9.17% and Chongqing Anyu with 8.81% [12][13]. - Avita has completed four rounds of financing, raising over 19 billion yuan, and is valued at approximately 26 billion yuan prior to its IPO [15][16].
估值超260亿，阿维塔递表港交所
3 6 Ke·2025-12-01 01:49