此前10月5日，在福建省宁德市霞浦县三沙镇东壁村码头停车场内，一辆购置不足40天、行驶里程1066公里的阿维塔06突 发火灾，火势在3分钟内迅速蔓延，最终导致包括宝马、奥迪、埃安等品牌在内的8辆车严重焚毁。 本报记者 刘钊 针对福建霞浦一阿维塔06起火引燃旁边七辆车事件，10月9日，阿维塔科技（重庆）股份有限公司（以下简称"阿维塔科 技"）官方微博发布声明称，根据当地相关部门的最新反馈，起火发生在副驾驶座椅位置，火灾发生时，电池包的电压、温 度、气压均正常，排除动力电池、驱动电机、高压电控故障等导致起火。可能导致起火的其他原因，相关部门正在进一步查验 中。 有电池专家指出，车企过度聚焦电池单体安全，忽视了整车防火设计协同性，"智能化系统未及时预警异常高温，内饰阻 燃性能是否达标都需核查"。更值得关注的是，相关部门虽初步定义为"外源性失火"，但具体诱因仍在调查中，而这已是阿维 塔科技半年内第三起安全事件。今年5月份阿维塔11因底盘撞击起火，此后10月1日，又有阿维塔12在智驾状态下撞动物后燃 烧。 这场火灾对阿维塔科技的冲击，恰发生在其资本市场布局的关键窗口期。9月19日，长安汽车副总裁王辉接任董事长，王 辉拥 ...

Core Viewpoint - Chery Automobile officially listed on the Hong Kong Stock Exchange on September 25, marking the largest IPO of a car company in Hong Kong this year [3][4]. Company Overview - Chery Automobile's listing is a significant milestone, being the last major unlisted vehicle manufacturer in China to enter the capital market after facing multiple challenges since its initial listing attempt in 2004 [4]. - The company priced its shares at HKD 30.75, raising a total of HKD 9.14 billion [4]. Financial Performance - Chery's revenue is projected to grow from CNY 92.618 billion in 2022 to CNY 269.897 billion in 2024, representing a compound annual growth rate (CAGR) of 70.7% [4]. - Net profit is expected to increase from CNY 5.806 billion in 2022 to CNY 14.334 billion in 2024, with a CAGR of 57.1%, significantly exceeding the industry average [4]. Market Position - In 2024, Chery is anticipated to achieve a global sales volume of 2.295 million vehicles, setting a new historical record [4]. - The company ranks second among Chinese independent brand passenger vehicles and eleventh globally in passenger vehicle sales [4]. Growth in Electric Vehicles - Chery is the only company among the top twenty global passenger car manufacturers in 2024 to achieve over 25% year-on-year growth in four key metrics: new energy vehicles, fuel vehicles, domestic sales, and overseas sales [5]. Brand Portfolio - Chery operates five major brands: Chery, Jetour, Exeed, iCAR, and Zhiji, each with distinct positioning and market segments [7]. Global Expansion - Since exporting its first vehicle in 2001, Chery has established a global sales network covering over 100 countries and regions, with cumulative global sales exceeding 13 million vehicles [10]. - Chery has maintained its position as the top exporter of Chinese independent brand passenger vehicles for 22 consecutive years, with nearly 3,000 overseas dealerships as of March 31, 2025 [11].

Core Viewpoint - Chery Automobile successfully completed its IPO on the Hong Kong Stock Exchange, marking a significant milestone as it aims to enhance its market position and expand its operations globally [2]. Group 1: IPO Details - Chery's IPO was officially listed on September 25, with an opening price of HKD 34.2 per share [2]. - The funds raised will be allocated for new vehicle development, next-generation automotive technology, overseas market expansion, and upgrading production facilities in Wuhu [2]. - Chery plans to use up to 3.69 million shares (approximately 6.74% of total shares) for employee incentives, priced at HKD 3.4 per share, with a six-year lock-up period [2]. Group 2: Sales Performance - In 2024, Chery achieved a global sales volume of 2.295 million vehicles, ranking among the top twenty car manufacturers worldwide, with a year-on-year growth rate of 49.4%, the highest in this category [2]. - The company reported a 56% year-on-year increase in domestic passenger car sales for 2024, with a remarkable 277.3% growth in new energy vehicle sales, leading the top ten domestic passenger car manufacturers [3]. - Chery's market share in China increased from 11.8% in 2023 to 14.0% in 2024, ranking second among domestic brands [3]. Group 3: Product and Brand Performance - Chery has five major automotive brands, with projected sales in 2024: Chery brand at 1.52 million, Jetour at 530,000, Exeed at 130,000, iCAR at 60,000, and Zhijie at 38,500 [3]. - The Tiggo 8 series ranked first in global sales of self-owned brand fuel vehicles in 2024, while the Jetour X70 series ranked fourth in global B-class SUV sales [3]. Group 4: International Expansion - Chery has been the top exporter of self-owned brand passenger cars in China for 22 consecutive years, with products sold in over 100 countries and regions, totaling over 13 million vehicles sold globally [3]. - In 2024, overseas revenue accounted for 37.4% of total revenue, with Chery ranking first in Europe, South America, the Middle East, and North Africa for self-owned brand passenger car sales, and second in North America and other Asian regions outside China [3][4]. - The collaboration with EV MOTORS in Barcelona marks Chery as the first Chinese self-owned brand to achieve localized production in Europe, with a total of 1,075 overseas dealers by the end of 2024 [4]. Group 5: Financial Performance - Chery's revenue for 2022, 2023, and 2024 was reported at CNY 92.618 billion, CNY 177.056 billion, and CNY 269.897 billion respectively, with net profits of CNY 5.806 billion, CNY 9.949 billion, and CNY 14.334 billion [4]. - In the first quarter of 2025, Chery reported revenue of CNY 68.223 billion and a net profit of CNY 4.726 billion [4].

历经二十余年的上市长跑，奇瑞汽车（09973.HK）于9月25日正式在港交所挂牌，市场反应热烈。截至发稿，奇瑞汽车股价上涨10.37%，总市值达1957亿港 元。 作为今年港股市场唯一成功上市的整车企业，奇瑞汽车本次IPO募资总额达91.45亿港元，成为年内港股规模最大的IPO项目之一。 公司此次发行2.97亿股，发售价为30.75港元，超额分配的发售股份数目为4460.95万股。 在全球招股期间，奇瑞汽车受到投资者青睐，在香港公开发售获得308.18倍认购，国际发售获11.61倍认购。奇瑞汽车引入了高瓴旗下的HHLRA、香港景 林、大家人寿、国轩香港及晶汇瑞盈等13家基石投资者，基石投资者获分配的发售股份数目为1.48亿股，按30.75港元发售价计，涉及金额共计约为45.66亿 港元。 作为中国汽车行业的元老级企业，奇瑞近年来发展势头强劲。2024年，公司全球销量达229.5万辆，位居中国自主品牌乘用车销量第二。自2003年起，奇瑞 已连续22年保持"中国自主品牌乘用车出口第一"，产品覆盖全球100多个国家和地区。2024年海外收入突破千亿元(单位人民币，下同)，较2022年大幅增长 232%。 业绩方面， ...

奇瑞汽车是中国最大的汽车出口商之一，2024年营收达2699亿元人民币，同比增长65.4%。此次IPO募 资净额将主要用于研发新车型、下一代汽车技术、拓展海外市场及升级生产设施。公司股票预计于9月 25日（周四）在香港联交所挂牌上市。 此前公开招股首日即获超额认购约10倍，市场反应热烈。 9月22日讯，奇瑞汽车（09973.HK）将其香港首次公开募股（IPO）发行价确定为每股30.75港元，处于 招股价区间（27.75-30.75港元）的最高端。此次定价源于投资者认购需求强劲，初步募资规模约91亿港 元（另有数据显示约101亿港元）。 （原标题：奇瑞汽车香港IPO定价每股30.75港元，位于招股价区间高端） ...

Group 1 - Chery Automobile launched its IPO on the Hong Kong Stock Exchange on September 17, with a share price range of HKD 27.75 to HKD 30.75, aiming to raise up to HKD 91.45 billion, potentially reaching HKD 105.17 billion if the over-allotment option is fully exercised [1] - The IPO plans to issue 297 million H-shares, representing 5.16% of the total shares post-issue, with 90% allocated for international offering and 10% for public offering, along with a 15% over-allotment option [1] - Thirteen cornerstone investors have committed to the IPO, with total subscriptions amounting to approximately HKD 45.73 billion, including significant investments from various funds and companies [1] Group 2 - The net proceeds from the IPO will primarily be used for R&D of various passenger car models, enhancing core technology capabilities, expanding overseas markets, upgrading production facilities in Wuhu, Anhui, and for general corporate purposes [2] - Chery Automobile is the second-largest independent passenger car brand in China and the eleventh largest globally, with a projected growth of over 25% in both electric and fuel vehicle sales in 2024 compared to 2023 [2] - The company has five brands, including Chery, Jetour, Exeed, iCAR, and Zhijie, each catering to different customer needs and preferences [2] Group 3 - Since 2003, Chery Automobile has been the top exporter of passenger cars among independent brands in China, with over 13 million vehicles sold globally across more than 100 countries and regions by August 2025 [3] - In 2024, Chery is expected to lead in sales among Chinese independent brands in Europe, South America, and the Middle East and North Africa, and rank second in North America and Asia (excluding China) [3] - The company's revenue for 2022, 2023, and 2024 is projected to be CNY 92.62 billion, CNY 163.20 billion, and CNY 269.90 billion, respectively, with net profits of CNY 5.81 billion, CNY 10.44 billion, and CNY 14.33 billion [3]

Group 1 - Chery Automobile launched its IPO in Hong Kong from September 17 to September 22, with a share price range of HKD 27.75 to HKD 30.75, and received full subscription on the first day [1] - The company aims to raise up to HKD 91.45 billion, potentially reaching HKD 105.17 billion if the over-allotment option is fully exercised, with shares expected to be listed on September 25 [1] - Chery's IPO includes the issuance of 297.397 million H-shares, representing 5.16% of total shares post-issue, with 90% allocated for international offering and 10% for public offering [1] Group 2 - The net proceeds from the IPO will primarily be used for R&D of various passenger car models, enhancing core technology capabilities, expanding overseas markets, upgrading production facilities in Wuhu, Anhui, and for general corporate purposes [2] - Chery is the second largest domestic passenger car brand in China and the eleventh largest globally, with a projected growth of over 25% in both new energy and fuel vehicle sales in 2024 compared to 2023 [2] - The company has five brands: Chery, Jetour, Exeed, iCAR, and Zhijie, each targeting different customer needs and market segments [2] Group 3 - Since 2003, Chery has been the top exporter of passenger cars among Chinese brands, with sales in over 100 countries and regions, totaling over 13 million vehicles by August 22, 2025 [3] - In 2024, Chery is projected to lead in sales among Chinese brands in Europe, South America, and the Middle East and North Africa, and rank second in North America and Asia (excluding China) [3] - Chery's revenue for 2022, 2023, and 2024 is projected to be CNY 92.618 billion, CNY 163.205 billion, and CNY 269.897 billion, respectively, with net profits of CNY 5.806 billion, CNY 10.444 billion, and CNY 14.334 billion [3]

对于奇瑞而言，这座攀登了二十余年的资本山峰，即将登顶。 9月16日，《国际金融报》记者独家获悉，奇瑞汽车将于明日（9月17日）开簿招股，目标估值1400亿港元。此前其已于9月7日通过聆讯，随后启动全 球预路演，预计本月下旬挂牌交易。 孙婉秋 摄 根据披露，奇瑞计划募集资金规模为15亿美元至20亿美元，约合117亿至156亿港元，有望成为港交所年内最大车企IPO。 孙婉秋 摄 本次奇瑞IPO整体进程相对顺利。 吴迪 摄 2月28日，其向港交所提交上市招股书，后因在港交所递表满6个月未获聆讯而失效。8月29日，奇瑞第二次向港交所提交了上市文件，终于叩开资本 市场大门。 从招股书数据来看，2022年、2023年、2024年及2025年第一季度，奇瑞汽车营收分别为926.18亿元、1632.05亿元、2698.97亿元、682.23亿元；净利润 分别为58.06亿元、104.44亿元、143.34亿元、47.26亿元。 2024年奇瑞全年销量达到260.39万辆，同比增长38.4%，创历史新高，其中出口114.46万辆，同比增长21.4%，海外销量占比达44%，连续22年位居中 国品牌乘用车出口第一，这一年奇瑞在国内 ...

Group 1 - Chery Automobile plans to launch its IPO on September 17, targeting a valuation of HKD 140 billion [1] - The company aims to raise between USD 1.5 billion and USD 2 billion, approximately HKD 11.7 billion to HKD 15.6 billion, potentially making it the largest IPO of a car company on the Hong Kong Stock Exchange this year [3] - The funds raised will be allocated to various areas including R&D for new vehicle models, advanced technology development, international market expansion, production facility upgrades, and general corporate purposes [3] Group 2 - Chery's IPO journey has been lengthy, starting its first listing attempt in 2004, and it has faced multiple challenges over the years [3] - The company submitted its listing application to the Hong Kong Stock Exchange on February 28, which became invalid after six months without hearing, and re-applied on August 29 [5] - Financial projections indicate that Chery's revenue for 2022, 2023, 2024, and Q1 2025 are expected to be CNY 92.618 billion, CNY 163.205 billion, CNY 269.899 billion, and CNY 68.223 billion respectively, with net profits of CNY 5.806 billion, CNY 10.444 billion, CNY 14.334 billion, and CNY 4.726 billion [5] Group 3 - In 2024, Chery's sales volume is projected to reach 2.6039 million units, a year-on-year increase of 38.4%, with exports accounting for 1.1446 million units, a 21.4% increase [5] - Chery ranks as the second largest domestic independent brand passenger car company and the eleventh largest globally based on 2024 global passenger car sales [7] - The company has set a sales target of 3 million units for this year, having sold 1.7273 million vehicles and exported 798,800 vehicles by the end of August [7]

Core Insights - WM Motor has released a white paper outlining its ambitious recovery and growth plans after being taken over by Shenzhen Xiangfei Automotive Sales Co., aiming for significant production and sales targets by 2030 [1][2][3] Group 1: Recovery and Growth Plans - The new WM Motor plans to resume production of the EX5 and E5 models by September 2025, targeting annual production and sales of 10,000 units, with aspirations to reach 20,000 units [1] - By 2026, WM Motor aims to achieve a production volume of 100,000 vehicles [2] - The company has set a long-term goal of producing 1 million vehicles by 2030, with projected revenue of 120 billion yuan [3] Group 2: Product Development and Market Expansion - WM Motor plans to introduce over 10 new models in the next five years, covering various vehicle categories including A00, A0, A, B, and C class cars, SUVs, and MPVs [3] - The company is also looking to expand its market presence in Southeast Asia and the Middle East through the establishment of a KD factory in Thailand [1] Group 3: Investor and Financial Concerns - Shenzhen Xiangfei, the new investor, has close ties to Baoneng Automotive, raising concerns about its financial stability as Baoneng has faced multiple legal and financial issues, including being listed as a dishonest executor 12 times [4] - The registered capital of Shenzhen Xiangfei is only 100 million yuan, which may limit its ability to support WM Motor's ambitious production goals [4]