估值260亿？又一新势力即将赴港上市！剑指中国高端品牌前三？

Core Viewpoint - Avita is preparing to apply for an IPO on the Hong Kong Stock Exchange, potentially completing the listing by Q2 2026, marking it as the first central enterprise new energy vehicle company to go public in Hong Kong and the first "Hua" system car manufacturer with independent listing qualifications [1][3]. Group 1: Financial Performance - Avita's cumulative losses from 2022 to 2024 are projected to reach 11.311 billion RMB [6]. - In 2024, Avita's revenue is expected to be 15.195 billion RMB, with a gross profit of 961.293 million RMB, indicating a significant turnaround from previous losses [7]. - In the first half of 2023, Avita's revenue was 12.208 billion RMB, showing a year-on-year growth of 98.5% [14]. Group 2: Strategic Partnerships - Avita's major shareholder, Changan Automobile, holds a 40.99% stake, providing substantial support in manufacturing, supply chain, and technology [17][39]. - CATL, holding a 9.17% stake, supplies high-specification batteries, enhancing Avita's product offerings [17]. - Huawei, while not a direct shareholder, provides advanced smart cockpit and driver assistance technologies, significantly boosting Avita's product capabilities [18][20]. Group 3: Market Position and Future Outlook - Avita aims to solidify its competitive advantage and achieve profitability while navigating a competitive market landscape [21]. - The company plans to leverage its partnership with Huawei to enhance its product offerings, with expectations to launch 17 products by 2030 [49]. - Avita's long-term goal is to focus on the 250,000 to 700,000 RMB price range, targeting global sales of 800,000 units and positioning itself among the top three Chinese premium automotive brands [52].