The Hong Kong Stock Exchange disclosed documents on the 28th that Weilai Automobile is about to land on the Hong Kong Stock Exchange, and has obtained the principle approval of the secondary listing on the main board of the Hong Kong Stock Exchange, and "Wei Xiaoli" finally gathered on the Hong Kong Stock Exchange. It is worth noting that according to the announcement, the listing of WEILAI Automobile will be listed in an "introductory manner", which means that the listing will not involve new stock issuance and fund raising.
Introduce the listing without diluting the interests of shareholders
Introducing listing, the simple understanding is to list but not to raise funds, so what is the purpose of this introduction to listing? It is reported that the purpose of weilai's listing on hong Kong stocks is to provide alternative trading locations for the company's investors, alleviate geopolitical risks, and expand the investor base, while not diluting the interests of existing shareholders.
According to public information, Li Bin's actual total shareholding is 117,467,776 shares, accounting for 10.6% and 39.0% of the total voting rights. After the listing of the two places, investors will be provided with more trading locations and more flexible trading hours, and the daily trading hours will be expanded from 6.5 hours to 12 hours. It is conducive to attracting more investors and is conducive to the long-term development of the company.
The development status of NIO
Nio landed on the U.S. stock market in 2018, officially listed, so far the continuous development of good state, as of now, NIO has laid out 384 stores in the world, after-sales service centers more than 200. Weilai exchange power station layout of more than 800, charging pile construction of more than 7400.
NIO's new car deliveries have doubled for two consecutive years, with 91,429 units delivered in the first month of this year, an increase of 109.1% year-on-year, and as of January 31, 2022, NIO has delivered a total of 176,722 smart electric vehicles in 2022, and in the future, NIO will also deliver three new models based on the NT2.0 technology platform.
It is reported that in addition to the listing plan of new cars, WEILAI will continue to promote the layout of overseas markets, after Weilai Chairman Li Bin has publicly stated: "In the long run, the market outside China accounts for 50% is a reasonable plan", it is reported that since January 14, Norwegian time, Weilai has pushed a new version of the intelligent operating system Aspen 3.0.5 NO to Norwegian ES8 users, and as far as the current situation is concerned, WEILAI's progress in overseas markets is very optimistic.