市值近2000亿，芜湖今年最大IPO诞生

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 automotive IPO market for 2025 [4][5]. Group 1: Company Overview - Chery's revenue projections for 2022-2024 are HKD 926.18 billion, HKD 1,632.05 billion, and HKD 2,698.97 billion, respectively, with a compound annual growth rate (CAGR) of 70.7% [6]. - The net profit for the same period is projected to be HKD 58.06 billion, HKD 104.44 billion, and HKD 143.34 billion, with a CAGR of 57.1% [6]. - By 2024, Chery's overseas market revenue is expected to reach HKD 1,008.97 billion, accounting for 37.4% of total revenue [6]. Group 2: Historical Development - Chery was founded in 1997 in Wuhu, Anhui, starting from humble beginnings in a "small grass house" [8]. - The launch of the "Fengyun" sedan in 2001 marked a significant milestone, followed by the introduction of the Chery QQ, which became the first domestic brand to sell over 1 million units [9]. - Chery began exporting vehicles in 2005, and by 2024, it is projected to sell 229.5 million vehicles, with 114 million units exported, surpassing BYD [9]. Group 3: Leadership - The company is led by Yin Tongyue, who has been at the helm for 21 years, guiding Chery through various phases of growth and development [10][12]. - Yin's background includes significant experience in the automotive industry, having worked at FAW and Volkswagen before founding Chery [11]. Group 4: Investment and Shareholding Structure - Chery's shareholding structure has evolved, with Wuhu Investment Holding becoming the largest shareholder, holding 21.17% of the company post-IPO [19]. - The investment from Qingdao Wudaokou New Energy Vehicle Industry Fund was significant, acquiring 18.5185% of Chery for HKD 68.63 billion [14]. - IDG Capital has also made substantial investments in Chery, supporting its growth and international expansion [15][17]. Group 5: Economic Impact on Wuhu - Chery's IPO has significantly increased the market value of Wuhu Investment Holding, with its stake valued at over HKD 400 billion [20]. - The success of Chery has attracted additional automotive projects to Wuhu, including a new energy vehicle factory and a partnership with Bosch for smart driving systems [22]. - By 2027, Wuhu aims to establish a comprehensive automotive industry ecosystem, with Chery as the leading entity [23].