Core Viewpoint - Chery Automobile has successfully listed on the Hong Kong Stock Exchange, raising HKD 91.45 billion, positioning itself as a potential leader in the 2025 IPO market for car companies [3][19]. Group 1: Company Performance - Chery's revenue projections for 2022-2024 are HKD 926.18 billion, HKD 1,632.05 billion, and HKD 2,698.97 billion, with a compound annual growth rate (CAGR) of 70.7%. Net profits are expected to be HKD 58.06 billion, HKD 104.44 billion, and HKD 143.34 billion, with a CAGR of 57.1% [5]. - By 2024, Chery's overseas market revenue is projected to reach HKD 1,008.97 billion, accounting for 37.4% of total revenue. In the first eight months of this year, Chery exported 798,800 vehicles, a year-on-year increase of 10.8% [5]. Group 2: Historical Development - Chery was founded in a simple "grass house" in Wuhu, Anhui, in 1997, marking the beginning of its journey in the automotive industry [7]. - Key milestones include the launch of the "Fengyun" sedan in 2001 and the first-generation Chery QQ, which became the first domestic brand to sell over 1 million units [8]. Group 3: Shareholder Dynamics - The initial shareholding structure was concentrated among local state-owned enterprises, with Wuhu Investment Holding becoming the largest shareholder in 2000 [14]. - In 2019, Chery initiated a mixed-ownership reform, attracting investments from Qingdao Wudaokou New Energy Vehicle Industry Fund, which acquired 18.5185% of Chery's shares for HKD 6.863 billion [14]. Group 4: Economic Impact - With Chery's IPO, Wuhu Investment Holding's 21.17% stake is valued at over HKD 400 billion, significantly enhancing the local government's financial standing [18][20]. - Chery's growth has attracted major automotive projects to Wuhu, including a new energy vehicle factory and a research center established by Bosch Group [20].
市值近2000亿,芜湖今年最大IPO诞生
投中网·2025-09-25 02:53