大消息！车企巨头，赴港上市！

Core Viewpoint - Chery Automobile, a well-established traditional car manufacturer, is preparing for an IPO in Hong Kong, attracting significant market attention due to its historical success and growth potential [1][3]. Financial Performance - Chery's revenue for the years 2022, 2023, and the first nine months of 2024 reached 92.618 billion, 163.205 billion, and 182.154 billion RMB respectively, with net profits of 5.806 billion, 10.444 billion, and 11.312 billion RMB during the same periods [2][7]. - In 2024, Chery's global sales exceeded 2.6 million units, marking a year-on-year increase of 38.4%, with electric vehicle sales reaching 583,600 units, up 232.7% [4]. IPO Details - Chery has submitted its IPO application to the Hong Kong Stock Exchange, with CICC, Huatai, and GF Securities acting as joint sponsors. The specific number of shares to be issued and the fundraising amount have not been disclosed [2][5]. - The IPO is expected to be one of the largest in the Hong Kong market for car manufacturers in recent years, given Chery's scale [5]. Fundraising Purpose - The funds raised from the IPO will be allocated to five main areas: 1. Research and development of various passenger car models to expand the product portfolio [6][7]. 2. Development of next-generation automotive technologies, including battery technology and autonomous driving algorithms [7]. 3. Expansion into overseas markets to enhance global market share [7]. 4. Upgrading production facilities in Wuhu, Anhui, to improve efficiency and product quality [7]. 5. Supplementing operational funds to support daily operations and future business development [7]. Brand Strategy - Chery employs a multi-brand strategy, with a diverse product matrix that includes both fuel and electric vehicles. The main brands include Chery, Jetour, Exeed, iCAR, and the newly launched Zhijie brand in collaboration with Huawei [3][4].