CTOnews.com November 27 news, in December last year, Polar Krypton secretly submitted to the United States IPO application, the goal of raising more than $1 billion. On November 10, Geely announced that Polar Krypton officially submitted its IPO prospectus to the Securities and Exchange Commission.
Last night, Geely issued an announcement to update the prospectus for polar krypton shares, but polar krypton has yet to disclose the size and price range of IPO.
Data show that the unaudited income of the polar krypton group for the nine months ended September 30, 2023 was about 35.315 billion yuan, an increase of 91% over the same period last year, while the operating loss expanded to 5.23 billion yuan from 4.9 billion yuan in the same period last year.
In addition, the updated prospectus also shows that revenue from polar krypton reached 21.27 billion yuan in the first half of this year, up 136% from the same period last year, of which vehicle sales revenue was 13.175 billion yuan, up 148.75% from the same period last year, and vehicle gross profit margin reached 12.3%, up 7.6% from the same period last year.
In February this year, Polar Krypton completed a $750 million round of financing (CTOnews.com Note: about RMB 5.363 billion), with a post-investment valuation of $13 billion. Investors in this round include Mobileye Global founder, CEO Amnon Shashua and Ningde Times, Yuexiu Industrial Fund, Merchant Fund and Principal Intelligence Fund.
In addition, polar krypton officially entered the European market in June this year and was first sold in the Netherlands, Sweden and other places. According to its plan, the overseas territory of polar krypton will be expanded to six countries next year and eight in 2025.
Reuters predicts that if the IPO is successful, it will be the largest US listing of a Chinese company since Didi raised $4.4 billion in 2021.
Welcome to subscribe "Shulou Technology Information " to get latest news, interesting things and hot topics in the IT industry, and controls the hottest and latest Internet news, technology news and IT industry trends.
CTOnews.com, December 22 (Xinhua)-- the official logo and mascot image of "Rabbit Yuanyuan" were officially released today at the China Central Radio and Television head Office's "2023 Spring Festival Gala" with the theme of "prosperous New era China, a better Life with each passing day". According to CCTV
Thanks to CTOnews.com netizens Xiao Zhan cut, oh _ woman's clue delivery! CTOnews.com news on December 7, realme held a true self GT5 Pro press conference this afternoon and officially released the true self GT5 Pro
Thanks to CTOnews.com netizens for the clue delivery that you can change your name again! According to news from CTOnews.com on September 30, China Railway announced today that the Chengdu-Dazhou-Wanzhou high-speed railway (hereinafter referred to as Cheng Dawan high-speed railway) was officially announced today (September 30).
Thanks to CTOnews.com netizen MissBook for the clue delivery! CTOnews.com, November 8, according to the official website of the University of Science and Technology of China, the academician team of the university has made new progress in the direction of long-time space multi-modulus substate storage: the regiment
CTOnews.com March 3 news, according to the "Guizhou release" official account news, "Guizhou Province Information Infrastructure regulations" (hereinafter referred to as "regulations") will be formally implemented on March 1, 2023. Li, member of the party group and deputy director of big data Development Administration of Guizhou Province.