Chongqing Sokon Industry Group Stock (601127.SH) is planning to apply for listing on the Hong Kong Stock Exchange. The company has responded that there is currently no relevant information available.

date
12/12/2024
avatar
GMT Eight
Recently, there have been reports that Chongqing Sokon Industry Group Stock (601127.SH) is considering listing in Hong Kong and may raise over 1 billion US dollars. Chongqing Sokon Industry Group Stock may potentially go public in Hong Kong as early as next year. Chongqing Sokon Industry Group Stock has indicated to Wall Street News that they currently have no related information. Chongqing Sokon Industry Group Stock is a company focused on electric vehicles and related technologies, with great potential for development. However, the company's cautious attitude towards the listing news has also sparked some discussion. Chongqing Sokon Industry Group Stock has told the media that specific information about the listing has not been disclosed, indicating that the company may still be evaluating various factors, including market environment and financing structure, before entering the capital market. On December 1st, Chongqing Sokon Industry Group Stock released its production and sales report for November. The data shows that the sales of new energy vehicles by Chongqing Sokon Industry Group Stock reached 36,842 units in November, an increase of 54.58% year-on-year; from January to November this year, the cumulative sales of new energy vehicles by Chongqing Sokon Industry Group Stock reached 389,566 units, an increase of 255.26% year-on-year. The Wuling series product matrix has continued to expand this year, with the Wuling New M5, New M7Pro, and Wuling M9 five-seater models being successively launched, receiving recognition and love from the market and users. The cumulative delivery of the Wuling New M7 in 2024 has exceeded 180,000 units, leading the sales of new energy vehicles in China for 11 consecutive months; the Wuling M9 has accumulated over 180,000 orders in 11 months since its launch, continuously leading the sales of luxury vehicles in the Chinese market above 500,000 RMB, setting a new record for the Chinese Shanxi Guoxin Energy Corporation automotive brand.

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