On March 17, Zhejiang Zero Run Technology Co., Ltd. submitted a listing application to the Hong Kong Stock Exchange. Zero-run cars are scheduled to be listed on the Hong Kong Stock Exchange, with CICC, Citi, JPMorgan Chase and CCB International as co-sponsors of the IPO.
According to the prospectus, the zero-run car plan will use the funds raised for the research and development of smart electric vehicles, improve production capacity, and enhance brand awareness. In 2021, it delivered a total of 43,748 vehicles, and the company's total revenue was 3.132 billion yuan, of which the revenue from the sale of automobiles and parts was 3.058 billion yuan.
In terms of research and development, Zero-Run Automobile has more than 1,000 R&D personnel, accounting for 33.9% of the company's total employees. ZeroCar's R&D expenditure in 2019, 2020 and 2021 was RMB358 million, RMB289 million and RMB740 million, respectively.
In terms of revenue, the total revenue of Zero Company in 2019, 2020 and 2021 was approximately RMB117 million, RMB631 million and RMB3.132 billion, respectively.
According to the data of the new energy heat list of the EasyCar App, the average daily attention of zero-run cars is 858,200, ranking 16th in the list. For more data, please check it out on the EasyCar App.