Zero -run car is finally going to go ashore?What is the future of zero -running in the fourth listing of the fourth listing?

In the Chinese new energy vehicle market, the new forces of car construction are always a force that cannot be ignored. As an important participant in the Chinese new energy vehicle market, the new forces of vehicle construction for "Wei Xiaoli" can be described as triggered The widespread attention of the market has also realized the dream of sprinting on the market in another new enterprise in another car manufacturing. What should I think of the future of zero running?

1. Are you going to go ashore successfully?

According to the 21st Century Business Herald, the official website of the CSRC showed that the CSRC approved Zhejiang Zero Running Technology Co., Ltd. (hereinafter referred to as the "Zero Running Car") issued an overseas listing foreign -invested stock and unlisted shares in the country to the overseas listing.

According to the CSRC's documents, "Zhejiang Zero Running Technology Co., Ltd.'s application for the first publicly issued foreign listing foreign stocks (H shares) and the motherboards of the Main Board of Hong Kong United Trading Institute and participated in the H -shares" Full Circulation "(Zero Running" Report [2022] No. 001) and related documents. According to relevant regulations, after the review, the current approval is as follows: Approve the issuance of no more than 290 million foreign -listed foreign shares, with a face value of 1 yuan per share, all of which are ordinary shares. After completing this issuance, the company can go public on the main board of the Hong Kong Federation Stock Exchange; approved the company's 59 shareholders to convert a total of 790 million shares of unlisted shares into foreign listing foreign shares. After the relevant shares conversion is completed Circulation.

In fact, zero -running cars have long been able to go to Hong Kong to go public.

As early as August 2021, after Xiaopeng Automobile and the ideal car listed in the United States successfully landed in Hong Kong stocks, a source close to zero running revealed to the 21st Century Business Herald reporter that Zero Running Cars did not rule out the possibility of seeking Hong Kong stock marketing.

According to the surging news report, on March 17, Zhejiang Zero Running Technology Co., Ltd. submitted a listing application to the Hong Kong Stock Exchange. The joint sponsor was CICC, Citi, Morgan Chase, and Jianyin International.

According to the public market data, Zero Running Motors was established in 2015, mainly focusing on the mid -to -high -end mainstream new energy vehicle market with a price of 150,000 to 300,000 yuan.

According to its disclosure in the prospectus, zero -running cars have realized the independent R & D design and manufacturing of all core systems and electronic components of smart electric vehicles, and created the LEAPMOTOR POWER, Leapmotor Pilot Leapmotor OS.

Among the zero -run cars, in addition to the battery cells and internal and external decorations, the chassis and automotive electronics are self -developed outsourcing production, and other parts are self -developed and self -developed.

The prospectus shows that from 2019 to 2021, the total revenue of zero-run cars was about 117 million yuan, 631 million yuan, and 3.132 billion yuan, respectively. In terms of specific business, the sales revenue of automobiles and components during the same period was about 117 million yuan, 616 million yuan, and 3.058 billion yuan, respectively.

In 2020, zero-run vehicles delivered a total of 8050 electric vehicles; in 2021, a total of 43,748 electric vehicles were delivered, an increase of 443.5%year-on-year; in July this year, Zero-running car delivered a total of 12,000 vehicles, an increase of 177%year-on-year; Cumulative delivery of 64,000 vehicles.

2. What is the future of zero -run cars?

When the listing of zero -run cars is finally critical, many people are asking us how to think of the pace of the zero -run car listing, and what should I think of the future of Zero Running Cars?

First of all, listing financing is indeed the most important thing to do. As a new enterprise of car building forces, Zero Running cars seem to be a bit unprecedented. Compared to Weilai, Xiaopeng, and ideal new forces, zero running cars seem to be not so famous, but zero running The performance of cars in the market is not bad. According to the latest data, the latest sales data in July shows that zero -run car sales are 12044 units, an increase of 177%year -on -year. The largest new forces of car manufacturing.

I believe that friends who are familiar with the zero -run car know that compared with other new enterprises in other car manufacturing, zero -running cars are actually much low -key, but this is this low -key car manufacturing company. The comprehensive and high -profile development has begun. On the one hand, a large -scale market layout is carried out, and market sales are continuously strengthened. Of course, from the perspective of sales volume, it is immediate. That is, the zero -running of thousands of cars has become the newly increased new automotive enterprise in July.

On the other hand, it is a large -scale expansion of sales outlets. According to the statistics of the self -media view of self -media, the number of nationwide outlets in Zero -running cars at the end of last year is about 300, but in the past six months, it has increased to 456. The growth rate is 50%.

Such a large -scale layout is actually very clear, that is, Hong Kong stocks are listed. In the capital market, new energy vehicles are the most eye -catching companies. They are also the most important companies that need large -scale burning money. Even in the industry, there is a paragraph "to play new energy, burn 20 billion to respect", although although respecting ", although respectively, although respect" It is Duan Zi but also reflects the difficulties of the new energy vehicle industry. Whether it is the leader Tesla or these new automotive companies, it is actually facing such problems. This is a long -term money -burning gameplay. For a new enterprise that has been established in 2015, Zero Running Motors, if there is not enough financing channels, it is likely to face huge market pressure. Among all financing channels, listing is undoubtedly the most effective one. The means, not only the reputation of the enterprise, but also the financing channels are even more unobstructed.

Secondly, there is no way to avoid the problem of zero -run cars. In the process of listing in Hong Kong stocks, although Hong Kong stocks do not need long -term profitability like A -share motherboards, this tolerance for losses is also limited. Generally, the Hong Kong stock capital market value However, whether it is the other three new vehicle -made enterprises, or this time, the zero -run cars are actually facing greater market pressure, especially the pressure of making money.

Taking zero-run cars as an example, the prospectus shows that from 2019 to 2021, the net loss of zero-running cars reached 810 million yuan, 935 million yuan, and 2.629 billion yuan, respectively. The sum is only 3.88 billion yuan. As of December 31, 2021, the cash and cash equivalents of zero -run cars were only 4.338 billion yuan.

If you just look at this data, the road to the zero -running car is not as expected as its performance. Such a large -scale loss of losses and insufficient cash reserves, at this time, will always make people feel a little bit drumming. Fortunately, Zero Running Motors is a new energy vehicle company. Under the leadership of Tesla and other new energy vehicle companies in these years, the capital market has given new energy vehicle companies a large enough tolerance. The market sales can have sufficient sales channels. Coupled with the technical advantages of some markets, the capital market can accept such listed companies. This is also the key to a large -scale sprint at this time.

After all, from various indicators, zero -run cars have become the first camp. No matter what the means is, at least the market's data performance is still good. It is undoubtedly to conquer Hong Kong stocks with business development. This is undoubtedly a zero -run car. Logic and calculation.

Third, what is the future of Zero -run cars that are about to become the fourth listing of the new forces? Facing the current situation of the listing of zero -run cars, in fact, the market imagination space of Zero Running Motors is still relatively clear.

From the perspective of market advantages, the current zero-run car has a good delivery performance. This is because the track where the zero running car is located, the price of 15-300,000 yuan, is the most effective price range of new energy vehicles. It is neither as high as Weilai, nor as cheap as Xiaopeng's price. Using this relatively effective track target as the current Chinese middle -class population, naturally allows Zero Running Cars Although there are not many products in zero -run cars in terms of products, there are also a few good products. Under such circumstances, the sales volume of zero -run cars is good on the one hand. Performance.

At the same time, the zero -run cars that were considered by many outsiders have their own differentiated competitive advantages in technology. In the first half of this year, Zero Running Car Leading in the market giant Ningde Times released the CTC battery chassis integrated technology, and There is a spot for release, so that the market has to pay attention to the technical strength of zero -run cars.

However, from the perspective of market disadvantaged, the pressure of zero -running cars is also not small. On the one hand, although the current common delivery problem of new energy vehicles, although the zero -run car claims to have more raw material reserves before, it makes it not in it. The market in the first half of the year has been affected too much, but this kind of reserve will not be too much. By the second half of the year, the same supply chain pressure is actually affecting zero -run cars, which will become an uncertain factor for zero -run cars. On the other hand, the current new energy vehicle market can be described as a group of people. A large number of enterprises have continued to enter the market, allowing the entire market to enter the state of the Red Sea competition. The blood path is not so easy.

Therefore, we can say that zero running cars are not difficult to go on the market. The difficulty is how to give the market a satisfactory answer to the market after listing.

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