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Zero Run submits listing application to the Hong Kong Stock Exchange Eight models will be launched by the end of 2025

【Smart Car Pie News】New energy vehicles are currently in the outlet period, many new car-making forces have sprung up, of which Zero Run Technology is a high-tech intelligent electric vehicle enterprise with global self-development and self-manufacturing capabilities, which has realized the independent research and development design and production of intelligent electric vehicle core systems and electronic components, and its models on sale are C11, T03, S01. On March 17, Zhichepai learned on the Hong Kong Stock Exchange that Zero Run Technology submitted a listing application to the Hong Kong Stock Exchange, and the joint sponsors were CICC, Citi, JPMorgan Chase and CCB International.

Zero Run submits listing application to the Hong Kong Stock Exchange Eight models will be launched by the end of 2025

According to the IPO documents, Zero Run delivered 43,748 electric vehicles in 2021, an increase of 443.5% year-on-year, with a total revenue of 3.132 billion yuan, of which the revenue from the sale of automobiles and parts was 3.058 billion yuan; the total revenue in 2019, 2020 and 2021 was 117 million yuan, 631 million yuan and 3.132 billion yuan, respectively; the annual loss attributable to the company's equity holders in 2019, 2020 and 2021 was 901 million yuan. 1.1 billion yuan and 2.846 billion yuan.

Zero Run submits listing application to the Hong Kong Stock Exchange Eight models will be launched by the end of 2025
Zero Run submits listing application to the Hong Kong Stock Exchange Eight models will be launched by the end of 2025

Up to now, Zero-Run Automobile has 3190 full-time employees, of which 1082 R&D personnel, accounting for 33.9% of the total number of employees in the company, and 1086 employees responsible for manufacturing, accounting for 34.1% of the total. At the same time, ZeroCar Technology plans to launch eight new models by the end of 2025, covering various sizes of cars, SUVs and MPVs.

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