新吉奥定期推出新车型，并不断升级公司现有的房车系列。于往绩记录期间，新吉奥开发并推出Regent旗下九款新车型，Snowy River旗下六款新车型，升级Snowy River旗下21款车型，并开发及推出NEWGEN旗下五款新车型。此外，新吉奥目前正开发拖挂式电动房车的开拓性车型。根据弗若斯特沙利文的资料，新吉奥是首批将电动房车方案商业化的房车专家之一。On December 30, it was reported that according to the Hong Kong Stock Exchange's disclosure on December 29, New Giao RV Co., Ltd. (hereinafter referred to as: New Giao RV) has successfully passed the hearing by the Hong Kong Stock Exchange, with Huatai International as its exclusive sponsor.
According to the prospectus, New Giao RV is a company that operates a broad Business network in Australia and New Zealand, designing, developing, manufacturing, and selling custom towable RVs. According to Frost & Sullivan, based on revenue and sales in 2023, New Giao ranks second in the market share within the RV Industry in both Australia and New Zealand.
Since acquiring the renowned Australian RV brand Regent, which has a history of over 30 years, in 2014, New Giao RV has become a well-known company in the RV Industry in Australia and New Zealand, operating three unique brands: the best-selling mid-range brand Snowy River, the luxury brand Regent, and the semi-off-road brand NEWGEN.
New Giao regularly launches new models and continuously upgrades the existing RV series. During the historical record period, New Giao developed and launched nine new models under the Regent brand, six new models under the Snowy River brand, upgraded 21 models under the Snowy River brand, and developed and launched five new models under the NEWGEN brand. In addition, New Giao is currently developing a groundbreaking model for towable electric RVs. According to Frost & Sullivan's data, New Giao is one of the early experts in the RV industry to commercialize electric RV solutions.
In terms of Industry, according to Frost & Sullivan, the RV market in Australia and New Zealand presents a relatively concentrated structure. Based on 2023 sales data, the top five participants in the RV market in Australia and New Zealand account for approximately 55.4% of the market share, with New Giao RV holding around 6.8% of the market share. Furthermore, based on 2023 income figures, the top five participants in the RV market account for about 52.0% of the market share, with New Giao RV capturing approximately 7.8% of the market share.
Leveraging the expertise demonstrated by New Giao RV in the RV Industry value chain, along with a solid and growing customer base in Australia and New Zealand, the company achieved strong sales growth during the track record period. In 2021, 2022, and 2023, and for the six months ending June 30, 2024, New Giao RV delivered a total of 1,330, 2,127, 2,694, and 1,427 RVs to customers, representing growths of 59.9% from 2021 to 2022 and 26.7% from 2022 to 2023.
In terms of finance, for the fiscal years 2021, 2022, 2023, and the six months ending June 30, 2024, New Giao RV achieved revenues of approximately RMB 0.3 billion, 0.499 billion, 0.72 billion, and 0.422 billion respectively; the annual profits during the same periods were approximately RMB 25.08 million, 32.956 million, 78.768 million, and 40.43 million.
