Core Viewpoint - The article discusses the ambitious plans of Chasing Technology to pursue multiple IPOs for its various business units, highlighting the potential benefits and risks associated with this strategy [2][3]. Business Expansion - Chasing Technology is rapidly expanding into diverse sectors, including smartphones, astronomy, and electric vehicles, with plans to launch its first smartphone and a luxury electric vehicle by 2027 [3]. - The company aims to leverage the valuation differences across various sectors by splitting its businesses for independent IPOs, which could maximize overall company value [2]. Market Evaluation - Experts caution that while Chasing Technology has experience in hardware development, the new sectors it is entering require significant capital and technical expertise, raising questions about the feasibility of its expansion strategy [4]. - The company’s primary revenue still relies heavily on its cleaning devices, with other ventures in early investment stages, indicating a need for careful evaluation of resource allocation [3]. Risks of Expansion - There are concerns that if the core business does not establish a stable profit model, the company's aggressive expansion into high-investment areas could lead to financial risks and resource dilution [4]. - The long-term nature of some of its new ventures, such as asteroid mining, poses challenges for immediate commercialization, necessitating caution against overextending investor expectations [4]. Employee Investment Controversy - Allegations have surfaced regarding Chasing Technology's requirement for employees to invest in private equity funds, potentially linking this to job security, which raises ethical and legal concerns [6][8]. - The company has publicly denied any mandatory investment policies, asserting that participation in investment schemes is voluntary and aimed at fostering a long-term incentive structure [7][8].
追觅科技大举跨界胜算几何?批量IPO仍需谨慎
中国基金报·2025-09-28 11:46