The IPO IPO price of zero running car is issued at 48 Hong Kong dollars per share, and the scale of fundraising is reduced by nearly half.

On September 26, according to Reuters, two people familiar with the matter revealed that the IPO issuance price of Zero Running Auto Hong Kong stocks was 48 Hong Kong dollars ($ 6.12) per share, raising $ 800 million. The zero -run car originally planned to raise $ 1.5 billion, cutting the IPO scale after investors responded cold. A person familiar with the matter said that due to the turmoil of the global financial market, potential investors have reduced orders.

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On September 27, the Red Star Capital Bureau verified the above information from the zero -run car. The other party replied: "At present, it is a quiet period, and everything is based on the announcement."

The scale of zero -run cars to compress the IPO fundraising may not be groundless.

On August 26, Reuters reported that zero -running car expected IPO to raise funds or $ 1.5 billion. On August 29, Zero Running Automobile was listed through the Hong Kong Stock Exchange. On September 20, Zero Running Automobile announced at the Hong Kong Stock Exchange that IPO was sold for 131 million shares worldwide, with a price of 48-62 Hong Kong dollars per share. It is expected to start sale on the Stock Exchange on September 29. Calculated at the scope of the reclining price, the IPO of Zero-run Hong Kong stocks raised 6.288 billion-Hong Kong dollars (801 billion to 1035 million US dollars).

Since the beginning of this year, due to the influence of multiple international adverse incidents, the size of the Hong Kong stocks has been significantly reduced. Most of the Hong Kong stock IPO pricing is the lower limit of the prospectus. According to incomplete statistics from Wind data, as of September 16, a total of 53 companies have logged in to the Hong Kong Stock Exchange. There were 30 companies with the scope of issuance and prospectus price, of which 20 of the issuance price was the lower limit of the prospectus.

The industry insiders were not surprised. Some investors told the Red Star Capital Bureau: "The current market conditions in Hong Kong stocks are not good. Affected by the rising interest rates of global market interest rates, high inflation and the situation of Russia and Ukraine, the global stock market fluctuates violently, and investors have improved their risk aversion. At this time, new shares may face estimates The value of the value decreases, and the stock price may fluctuate sharply during the roadshow. "

The Hong Kong stock market this year is experienced significantly. From the beginning of the year to the present, Weilai (09866.HK) fell from about 160 Hong Kong dollars to HK $ 136, down 15%; the ideal car (02015.HK) fell from approximately HK $ 120 to HK $ 102, down 15%; Xiaopeng Automobile (09868.HK ) From about HK $ 200 to HK $ 54, a 73%decrease; Geely Automobile (00175.HK) fell from about 21 HK $ 11.8, down 43.8%; Great Wall Motors (02333.HK) fell from approximately HK $ 26 to HK $ 10.1. Fall 61%.

According to data from the zero-run car prospectus, the company's revenue from 2019-2021 was 117 million yuan, 631 million yuan, and 3.132 billion yuan, respectively. More than 4.8 billion yuan.

Although the company's gross profit margin is improved, it is still negative, from -95.7%in 2019 to -44.3%in 2021, and -26.6%in the first quarter of this year. "Wei Xiaoli" is positive, reaching 10%-20%.

The total sales volume of zero-run cars in 2021 was 43,700 vehicles. From January to August this year, 76,600 units were delivered, which was higher than ideal and Weilai. Thanks to the much more than the selling cars, it is related to the low pricing of its main model T03 and C11. Zero-run C01, which is highly hoped, will be listed on September 28. The pre-selling price of the new car is 180,000 to 270,000 yuan.

Red Star News reporter Wu Danruo

Edit Yu Dongmei Pengjiang

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