Valuation exceeds 10 billion! Qingshan's unicorn restarts IPO guidance, founded by the former sales director of Energy.
① Maitian Energy completed its initial listing advisory record filing in July 2023, intending to go for an IPO on the Shanghai Stock Exchange Main Board, but the advisory record was withdrawn last month. ② Maitian Energy was established in 2019 and immediately received strategic investment from Qingshan Holding Group. ③ In May 2023, Maitian Energy announced the completion of over 1 billion yuan in Pre-IPO round financing, with a post-investment valuation exceeding 10 billion yuan.
Top 10 electric vehicle sales in November: BYD's monthly sales again exceed 0.5 million vehicles, while Chongqing Sokon Industry Group Stock unfortunately drops off the list.
① In November, 9 auto companies saw year-on-year retail sales growth, and 8 auto companies experienced month-on-month growth; ② BYD has already met its annual target, while Chongqing Sokon Industry Group Stock has dropped out of the TOP 10 list.
Accelerating the layout in Europe! Contemporary Amperex Technology plans to build a factory in Spain for 4.1 billion euros.
After "the European version of Contemporary Amperex Technology" Northvolt filed for bankruptcy, Europe seems to realize even more that it is difficult to reduce dependence on Battery from China.
ZhongAn Insurance has been authorized to use the uniform terms of the compulsory insurance in Shanghai and Zhejiang, becoming the second company after BYD Property Insurance this year.
On December 10, the official website of the National Financial Regulatory Administration disclosed that ZA ONLINE Property Insurance Co., Ltd. is authorized to use the nationally unified compulsory insurance terms, basic insurance premium rates, and corresponding adjusted premium coefficients in the Shanghai and Zhejiang regions. This follows the approval granted to BYD Property Insurance in multiple locations back in May of this year.
Another overseas Battery factory has been officially announced! Contemporary Amperex Technology plans to partner with an automotive giant to invest over 30 billion yuan | Quick read announcement.
① After investing in factories in Germany and Hungary, Contemporary Amperex Technology announced a partnership with Stellantis to invest over 4 billion euros in the construction of a power battery factory in Spain; ② The project construction is expected to yield a production capacity of 50 GWh of power batteries per year, with a construction period of about 4 years.
Last night, china assets went "crazy."
Overnight, the nasdaq Golden Dragon china index rose over 8.5%, marking the best single-day performance since the end of September. Popular Chinese concept etfs surged collectively: the largest MCHI increased by 7.7%, the FXI, which tracks large Chinese companies in the Hong Kong stock market, rose over 8%, and the only major Chinese concept etf tracking the A-share market, ASHR, gained nearly 7%. The most insane increase came from the three times leveraged FTSE China, YINN, which soared 24% overnight and continued to rise over 2% after hours.