阿维塔，深夜“递表”！

Core Viewpoint - Avita Technology has submitted its IPO application to the Hong Kong Stock Exchange, becoming the first state-owned enterprise's new energy vehicle company to do so [2]. Group 1: Company Overview - Avita is positioned as a new luxury smart electric vehicle brand and serves as a high-end strategy carrier for Changan Automobile. The company has completed four rounds of financing, with a current valuation exceeding 30 billion RMB [6]. - The company integrates resources from Changan Automobile, Huawei, and CATL, aiming for a unified development strategy [6]. - The funds raised from the IPO will be used for product development, platform and technology development, brand building, sales network expansion, and working capital [6]. Group 2: Financial Performance - Avita's revenue has shown a continuous upward trend, with projected revenues of 5.645 billion RMB in 2023, 15.195 billion RMB in 2024, and 12.208 billion RMB in the first half of 2025 [11]. - The revenue from vehicle sales for 2023, 2024, and the first half of 2025 is expected to be 5.542 billion RMB, 14.417 billion RMB, and 11.490 billion RMB, respectively [13]. - Since starting deliveries in December 2022, Avita has achieved cumulative sales of over 210,000 vehicles, with a strong growth momentum reflected in eight consecutive months of monthly sales exceeding 10,000 units [13]. Group 3: Strategic Partnerships - Avita has established a deep partnership with Huawei and CATL, with Changan Automobile and CATL being the first and third largest shareholders, respectively [16]. - Although Huawei is not a shareholder, Avita has formed a new type of cooperative relationship with Huawei through capital investment [20]. - The collaboration with Huawei has evolved significantly, with a strategic cooperation agreement signed to enhance product development, marketing, and ecosystem services [23][24].