According to informed sources, Huawei's electric vehicle partner Chongqing Sokon Industry Group Stock (601127.SH) is considering a secondary listing in Hong Kong and may hire China International Capital Corporation and China Securities Co.,Ltd. as its listing sponsors.
Zhitong Finance APP has learned that, according to informed sources, Huawei's electric vehicle partner Chongqing Sokon Industry Group Stock (601127.SH) is considering a secondary listing in Hong Kong and may hire China International Capital Corporation and China Securities Co.,Ltd. as its listing sponsors. The news indicates that the Chongqing Sokon Industry Group Stock's Hong Kong IPO is currently in the preliminary preparation stage, planning to raise over 1 billion USD, with the earliest completion next year. Chongqing Sokon Industry Group Stock has not responded to the above news.
On December 1, Chongqing Sokon Industry Group Stock released a quick report on production and sales for November. Data shows that Chongqing Sokon Industry Group Stock's new energy vehicles sold 36,842 units in November, a year-on-year increase of 54.58%; from January to November this year, the cumulative sales of Chongqing Sokon Industry Group Stock's new energy vehicles reached 389,566 units, a year-on-year increase of 255.26%. It is worth mentioning that on November 29, the Shanghai Stock Exchange and China Securities Index Co., Ltd. announced the regular adjustment results of the sample indices such as Csi 300 Index, with Chongqing Sokon Industry Group Stock being included in the Csi 300, SSE 50 Index, Sse 180 Index, and China Securities A500 Index. This marks Chongqing Sokon Industry Group Stock's representation as a major player in the new energy vehicle industry, entering the ranks of important indices affecting the A-share market. Chongqing Sokon Industry Group Stock is also currently the only Chongqing enterprise in the SSE 50 Index.
Since the beginning of this year, the Wenjie series product matrix has continued to expand, with the Wenjie New M5, New M7 Pro, and Wenjie M9 five-seat versions launched one after another. In 2024, the cumulative delivery of the Wenjie New M7 surpassed 180,000 units, continuously ranking first in sales among new force models in China for 11 consecutive months; the Wenjie M9, which has been on the market for 11 months, has accumulated over 180,000 firm orders, continuously holding the title of sales champion in the luxury vehicle segment priced at 500,000 yuan and above in the Chinese market, consistently refreshing new records for Chinese new energy vehicle brands.
As of the time of publication, Chongqing Sokon Industry Group Stock is quoted at 130.80 yuan per share, with a total market value of approximately 197.48 billion yuan.