mentioned car prices listed on the topic, Geely will not fall.
September 1, the Shanghai Stock Exchange accepted Geely Automobile Holdings Ltd. Branch board listing application, the company intends to issue not more than 1.732 billion shares, raising 20 billion yuan. Currently, Geely Automobile has been in Hong Kong stocks, US stocks listed ADR form, after the offering is successful, it will become the first A + H shares automobile.
From the point of view prospectus information display, Geely Automobile The total financing amount of 20.425 billion yuan. Which, to be 8 billion for new product development models, 3 billion for research and development of forward-looking technology, 3 billion for the industry to acquire 60 million to supplement working capital.
prospectus, Geely’s technical strength is very rosy, not only has 32 core technology, also has 9,332 entries patents. Patents alone this one, Geely Automobile has become the crown Branch board. And previous SMIC (8,812 items) and ants Group (6,382 items), compared Geely in terms of granted patents significantly more strength.
This is not the total amount of 26 000 different patents all, and had ants Group disclosed in the prospectus. Geely Automobile significantly more pragmatic, authorization valid patent only disclosed in accordance with auditing standards Kechuang board, did not mention the total number of patents to its name next. According to statistics, as of September 1, total number of patents belonging to Geely at least 22,417 entries, showing its strength is no trivial matter.
Geely Automobile IPO only a matter of time?
At present, Geely Automobile main business includes sales of passenger cars, auto parts sales and intellectual property licensing. 2017–2019 years and the first half of 2020, its total operating income was 93.553 billion yuan, 107.334 billion yuan, 98.139 billion yuan, 37.121 billion yuan; net profit of 10.594 billion yuan, 12.585 billion yuan, 8.285 billion yuan, 2.33 billion yuan.
data show that total sales of Geely’s three major brands (including brands collar g) pointsDo as 1,247,100, 1,500,800, 1,361,600 and 530,400. According to the Automobile Association statistics, over the same period, total sales of the three brands market share percentages were 5.04, 6.34 percentage 6.35 percentage and 6.76 percentage market share trend was increasing year by year and a half for three consecutive years ranked domestic independent car prices the first sales.
so to speak, Geely car to a fast development and continues to grow in car prices, Geely Automobile IPO is just one sooner or later thing. Anyway, look at the current Chinese car companies, the strength of the players have been more and more IPO.
Following the Wei, the ideal Xiaopeng car after another and the United States market, Geely Automobile, represented Kechuang board quot; quot ;, players will gradually emerge. At present, us car has begun to C round of financing, financing had accumulated more than 7 billion yuan, and plans to market Kechuang board in 2021. The Weimaraner is reported to consider the fastest car this year Kechuang board IPO, after the target IPO valued at more than $ 4.3 billion.
to be sure, as the force in recent years, China’s car prices, more and more companies make cars become more powerful, of course, intelligent, electrification of the automobile wave, each car prices will need to invest more funds to carry out research and development, capital investment in a large number of automobile market, both traditional and new car prices, who can dominate, and finally a topic of who can survive, this is our next concern.
In any case, along with the growing number of car prices IPO or about to start the IPO, which means that car prices in China to further expand the international market position, but also the Chinese car prices on the strength of the repairer Once again progress.