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Gaohe Auto responded to the "rumors of an IPO in Hong Kong": uninformed

author:The Paper

Surging Financial News

On January 20, regarding the IPO of Huaren Express (the parent company of Gaohe Automobile), the relevant person in charge of Gaohe Automobile said that he was not aware of it.

A few days ago, Bloomberg reported that Chinese electric vehicle manufacturer Huaren Express is considering listing in Hong Kong as early as 2022, raising no more than $500 million, and is cooperating with UBS and Morgan Stanley on IPO matters.

It is reported that Huaren Express was established on August 27, 2017, and its Gaohe automobile is priced at a high price of 800,000 yuan, and the first model was launched in September 2020. According to the sales express, Gaohe Automobile will have a cumulative sales volume of 4237 vehicles in 2021, of which 513 vehicles were sold from January to June and 3724 vehicles from July to December. (The Paper's reporter Wu Yuli)

Editor-in-Charge: Wu Yuli

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