阿维塔携三巨头赴港IPO估值超300亿 半年营收122亿剑指2027年千亿目标

Core Viewpoint - Avita Technology (Chongqing) Co., Ltd. has initiated its IPO process just two months after completing its restructuring, aiming to become the first central enterprise in the new energy vehicle sector once the IPO is successful [2][4]. Company Overview - Avita was established in 2018 and aims to position itself as a global leader in high-end smart electric vehicles, targeting the luxury market alongside established brands like Mercedes-Benz, BMW, and Audi [4]. - The company is a joint venture between three major players: Changan Automobile, Huawei, and CATL, integrating their strengths in smart manufacturing, new energy technology, and intelligent automotive components [4][5]. Financial Performance - Avita has reported cumulative losses of 11.31 billion yuan over the past three and a half years, despite a valuation exceeding 30 billion yuan [2][9]. - The company achieved a revenue of 12.21 billion yuan in the first half of 2025, marking a 98.5% year-on-year increase [9][10]. - The gross margin has improved significantly, with a projected gross margin of 10.14% in the first half of 2025, compared to -365.54% in 2022 [9][10]. Sales and Market Strategy - Avita's sales have shown strong growth, with over 100,000 units sold from January to October 2025, and a record monthly sales figure of 13,506 units in October [2][8]. - The company plans to expand its sales network, with the number of stores increasing from 313 at the end of 2024 to 564 by mid-2025 [11][12]. Funding and Investment - Avita has raised over 18.97 billion yuan through multiple funding rounds, with the latest round exceeding 11 billion yuan [7][9]. - The upcoming IPO is expected to provide additional capital for product development, brand building, and operational expansion [10][14]. Future Goals - The company aims to achieve sales of 400,000 vehicles and annual revenue exceeding 100 billion yuan by 2027, with long-term goals of reaching 800,000 vehicles by 2030 and 1.5 million by 2035 [10][13].