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Chongqing Sokon Industry Group Stock is going public in Hong Kong: In 2024, 0.3871 million vehicles will be delivered, and the Net income will be 5.9 billion yuan, marking the first time it has turned a profit.
Sina Technology reported on the evening of April 28 that Chongqing Sokon Industry Group Stock submitted its IPO prospectus to the Hong Kong Stock Exchange today. The prospectus shows that the total delivery volume of the Wenjie brand reached 0.3871 million vehicles in 2024, with a year-on-year growth of 268%. In 2024, Chongqing Sokon Industry Group Stock recorded a Net income of 5.9 billion yuan, achieving profitability for the first time. The prospectus introduced that Chongqing Sokon Industry Group Stock is a technology-based enterprise with new energy as its core Business, mainly involved in the research and development, manufacturing, sales, and services of new energy vehicles and core electric drive products. In 1986, the company began its first entrepreneurial venture with a focus on springs and shock absorbers and expanded into the motorcycle business.
The Deep Blue S09 is now available for pre-sale: equipped with Huawei's Qiankun smart driving, starting at 0.2399 million yuan.
Sina Technology reported on the evening of April 26 that the brand new mid-large luxury SUV under Deep Blue Autos, the Deep Blue S09, has begun pre-sale, with five models launched and a pre-sale price range of 0.2399-0.3099 million yuan. The Deep Blue S09 features a "2+2+2" six-seat layout, with body dimensions of 5205x1996x1800mm and a wheelbase of 3105mm, positioning it on par with competitors like the Li Auto L9 and the AITO M9. The interior space is adaptable to various scenarios such as business, family, travel, and commuting, offering a seat height of 360mm and 870mm of legroom in the third row. Additionally, the third row of the Deep Blue S09 can be folded down.
Guangzhou Automobile Group released its first quarter Earnings Reports: revenue of 19.65 billion yuan, sales of 371,100 vehicles.
Sina Technology reported on the evening of April 25 that Guangzhou Automobile Group (601238.SH, 02238.HK) released its first quarter report for 2025. During the reporting period, Guangzhou Automobile Group had revenue of 19.65 billion yuan, with total automobile sales of 371,100 vehicles, and a month-on-month growth rate of 76.2% in March. All affiliated automotive companies saw a month-on-month growth rate exceeding 60%. In terms of products, the self-owned brands Haobo, Chuanqi, and Aion have gradually completed their product matrix for plug-in hybrids and extended-range vehicles. Since February, the group has launched several new models including AION UT, Chuanqi Xiangwang S7, Haobo HL, Guangfeng Bozhi 3X, and Guangben P7.
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