Group 1 - Chery Automobile successfully listed on the Hong Kong Stock Exchange, raising HKD 9.14 billion, with funds allocated for R&D, advanced technology, global market expansion, production facility upgrades, and working capital [3][4] - The company aims to strengthen its domestic market position and leverage international capital to enhance overseas channels and diversify revenue through global expansion [3][4] - Chery's revenue is projected to grow from CNY 926 billion in 2022 to CNY 2,698 billion in 2024, with a year-on-year growth of 65.4% in 2024 and a net profit of CNY 14.33 billion, reflecting a 37.2% increase [4] Group 2 - Chery's product matrix includes five brands covering various market segments, meeting diverse consumer demands for performance, intelligence, and cost-effectiveness [4] - The company has a comprehensive technology stack, including powertrain systems, automotive development platforms, intelligent cockpit systems, and advanced driver assistance systems, supporting its electric and intelligent vehicle initiatives [4] - The shift of Chinese automakers like Chery towards global competition signifies a critical transformation in the automotive industry, with potential for improved profitability in overseas markets [5]
汽车行业动态研究报告:奇瑞成功登录港交所主板,全球布局加速
Huaxin Securities·2025-09-30 09:05