On February 23, Lotus Technology (stock code: LOT) was listed on the market in Nasdaq, New York, USA.
It is understood that Luters Technology landed on Nasdaq and merged with the special purpose of overseas special destinations to merge the LCAA business.It is the largest IPO in the United States since July 2021.On the first day of listing, the Lands Technology Newspaper was $ 13.8/share, with a market value of 9.294 billion US dollars.
Picture Source: Finance
Lotus Technology has obtained a financing commitment of global investors, existing shareholders and strategic partners through PIPE and convertible bonds through public equity private equity investment (PIPE) and convertible bonds.This is one of the largest -scale financing obtained by the companys related transactions since 2023, and it is the largest Spac consolidation project since August 2023.
It is worth noting that since Didi went to the United States on June 30, 2021, China Stocks have basically stagnated in the United States.In the past two years, only a few of Yaduo, quantum songs, Hesai, Zhenkunxing and other small stocks have been listed in the United States, and the current market value is less than $ 3 billion.In this context, Lotus Technology has successfully listed in the United States and may boost confidence in other preparations for listed companies in the United States.
"We are glad to announce that Lotus Technology will successfully land on Nasdaq during the merger of LCAA business. This is the key turning point of the companys development. We look forward to becoming theAfter listed companies, business growth can speed up, "said Feng Qingfeng, chief executive officer of Luther Technology.
As an old luxury sports car company, Luther was born in the United Kingdom in 1948. It once named Ferrari and Porsche, and said that the worlds three supercar brands.EssenceIn 2017, Lotus was acquired by Geely Holding Group and released the "Vision80" ten -year brand revival plan in 2018. It announced that it has been fully transformed into electrification and intelligence, becoming a super luxury of "the first crab" in the world.brand.
In 2019, Lotus launched the first pure electric supercar Evija, which opened the road of transformation; in October 2022, Lotuss first pure electric intelligent Hyper HyperSUV — ELETRE was officially listed; on January 18 this year, EMEYA Flower EMEYA Flower of the Loutes Pure Electric Running Car was officially launched at a price of 668,000 yuan to 1.18 million yuan.According to the plan, Luther will also launch a new medium -sized SUV model this year, which will be available in the Porsche Macan Pure Edition, which will be available in 2026.
Picture Source: Each reporter Sun Tongtong
2023One year in China, Lotus also released the new brand claim "for the drivers" and ushered in the "decisive year" of the VISION 80 -year brand rejuvenation plan.In the first half of 2023, Lotuss global order volume was about 17,000 units, which increased significantly compared to 2022.
According to Luthers previous prediction, by 2025, the companys revenue will increase by more than 3 times to 8.5 billion to 8.9 billion US dollars;100 billion US dollars; gross profit margin reached more than 20%.
Some people in the industry have analyzed that for the current Lotus, logging in to the capital market can supplement funds for the transformation and effort of the brand, expand financing channels, raise funds through the capital market through the capital marketIn order to provide guarantees in the competition of more intense automobile brands "Blood Sea" competition, IPOs are opportunities for Lotus at this stage.
"Lotus Technology has been undergoing a global layout. We have more than 200 marketing channel networks worldwide. Choosing the listing path will make Luthers management more transparent and more transparent, andScience, at the same time, can further accelerate the companys global layout, "Feng Qingfeng believes.
According to Feng Qingfeng, in the first half of 2024, Lotus technology products, such as Eletre, will soon enter Malaysia, the Middle East, Japan and other countries or markets. In the second half of the yearIt will enter the United States and South Korea.From 2024 to 2025, the number of channels of Luther will expand to over 300, and Lotus will also speed up the development of future products.
