totalcasinobonus40freespins| Krypton is on the market! Redefining the global value of Chinese new energy vehicle companies

Special topic: polar krypton listed on the New York Stock Exchange on May 10 to set a new record for the fastest listing of new energy car companies.

This article comes from: financial circles

Polar Krypton Intelligent Technology Holdings Co., Ltd. (abbreviated as Polar Krypton) was officially listed on the New York Stock Exchange on the evening of May 10, under the stock code "ZK". This is built by Geely Holdings Group.Totalcasinobonus40freespinsThe luxury smart pure electricity brand issued 21 million American depositary shares at a price of $21 per share, raising funds 4.Totalcasinobonus40freespins41 billion US dollars. If the underwriter exercises the over-allotment right, the size of the offering will be further expanded to 24.15 million shares, raising as much as $507 million. It is worth noting that since the launch of the brand on April 15, 2021, polar krypton has entered the capital market in only 37 months, setting a new record for the fastest listing in the history of China's new energy vehicle companies.

The listing speed has repeatedly set records, and the market performance is eye-catching.

Since the brand was released on April 15, 2021, polar krypton has attracted the attention of the global capital market with amazing speed and eye-catching market performance. In 2023, the new energy car company, which was less than three years old, achieved operating income of 51.7 billion yuan and a gross profit margin of 15 per cent. By the end of April 2024, polar krypton had delivered more than 240000 vehicles, and sales in the first four months of 2024 increased by 111% compared with the same period last year, ranking first among more than 200000 pure electric brands in China. Such an impressive performance made polar krypton oversubscribed in the IPO offering process, and eventually expanded the offering size to 24.15 million ADS shares, raising a total of $507 million.

Redefine the global value of Chinese new energy car companies

The success of polar krypton lies not only in its rapid commercialization process and excellent financial performance, but also in that it represents the rise of Chinese new energy car companies and global revaluation. As a high-end intelligent pure electricity brand under Geely Holdings Group, Polar Krypton is committed to providing global users with the ultimate travel experience and services. Its appearance in the US capital market shows the leading advantages of Chinese car companies in electrification, intelligence, digitization and so on, and is expected to prompt global investors to re-examine and evaluate the global status and development potential of China's new energy vehicle industry. The listing of polar krypton has not only injected new impetus into its own development, but also set a benchmark for the internationalization of Chinese automobile brands.