本文源自：格隆汇 GSM由Vingroup和VinFast(VFS.US)负责人Pham Nhat Vuong于2023年创立，经营越南最大的全电动计程 车车队，品牌为Xanh SM，且只使用VinFast车辆。该策略提振VinFast的国内销售，同时使GSM能在不 依赖第三方供应商情况下扩大规模。到2025年第三季度，VinFast对GSM的销售额占其总销售额的 26%，低于2023年的72%。 12月29日，越南电动计程车营运商GSM(Green and Smart Mobility)据报计划来香港IPO。路透引述知情人 士称，与越南电动车龙头VinFast有关联的GSM，目标于2026年底至2027年初进行IPO，至少集资2亿美 元，估值达20亿至30亿美元。若成功，将会成为首家在香港上市的越南企业。消息人士称，GSM已与 潜在顾问就IPO事宜进行初步洽谈，最快可能在2026年第一季任命顾问。 ...

Core Viewpoint - Vietnamese electric taxi operator GSM plans to conduct an IPO in Hong Kong, aiming to raise at least $200 million with a valuation between $2 billion and $3 billion, potentially becoming the first Vietnamese company to list in Hong Kong [1] Group 1: IPO Plans - GSM is targeting an IPO between the end of 2026 and early 2027 [1] - The company has begun preliminary discussions with potential advisors for the IPO, with the earliest appointment of advisors expected in the first quarter of 2026 [1] Group 2: Company Background - GSM was founded in 2023 by Vingroup and VinFast's Pham Nhat Vuong, operating the largest all-electric taxi fleet in Vietnam under the brand Xanh SM, exclusively using VinFast vehicles [1] - This strategy boosts VinFast's domestic sales while allowing GSM to scale without relying on third-party suppliers [1] Group 3: Financial Projections - By the third quarter of 2025, sales from VinFast to GSM are projected to account for 26% of VinFast's total sales, a decrease from 72% in 2023 [1]