--- title: "Mainland smart car company Avita Technology submits application for IPO on Hong Kong Stock Exchange" type: "News" locale: "en" url: "https://longbridge.com/en/news/267747913.md" description: "Avita Technology submitted an IPO application to the Hong Kong Stock Exchange, with CITIC Securities Co., Ltd. and CICC as joint sponsors. The company is an international high-end emotional intelligent new energy passenger vehicle brand, collaborating with Changan Automobile, CATL, Huawei, and others. It plans to acquire a 10% stake in Yingwang to jointly develop the next generation of models" datetime: "2025-11-27T23:16:00.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/267747913.md) - [en](https://longbridge.com/en/news/267747913.md) - [zh-HK](https://longbridge.com/zh-HK/news/267747913.md) --- > Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/267747913.md) | [繁體中文](https://longbridge.com/zh-HK/news/267747913.md) # Mainland smart car company Avita Technology submits application for IPO on Hong Kong Stock Exchange According to the information document from the Hong Kong Stock Exchange (00388.HK), Avita Technology (Chongqing) has submitted a listing application to the Hong Kong Stock Exchange, with CITIC Securities Co., Ltd. and CICC as joint sponsors. The prospectus reveals that the company is an internationally-oriented high-end emotional intelligent new energy passenger vehicle brand with independent and controllable technology, dedicated to creating a "highly attractive, highly intelligent, high-value" new luxury travel experience. Since 2021, the company has partnered with Changan Automobile (000625.SZ) and strategic partners including CATL (03750.HK)(300750.SZ), Huawei, and other ecological partners to independently create a new luxury brand through a market-oriented approach. In addition, Avita acquired a 10% stake in Yingwang for a total consideration of RMB 11.5 billion this February, planning to jointly create the next generation of Avita models with Yingwang in a co-creation model ### Related Stocks - [CITIC Securities Co., Ltd. (600030.CN)](https://longbridge.com/en/quote/600030.CN.md) - [CITIC SEC (06030.HK)](https://longbridge.com/en/quote/06030.HK.md) - [CICC (601995.CN)](https://longbridge.com/en/quote/601995.CN.md) - [CICC (03908.HK)](https://longbridge.com/en/quote/03908.HK.md) ## Related News & Research - [Changan's Sales Up 1.1% in March; Production Plunges 14%](https://longbridge.com/en/news/281604449.md) - [China International Capital to Issue CNY2 Billion 1.90% Notes Due 2028 in Hong Kong](https://longbridge.com/en/news/278955998.md) - [CATL's controlling shareholder to donate some A-shares](https://longbridge.com/en/news/281197776.md) - [LG Chem CEO says it is difficult to secure additional Russian naphtha](https://longbridge.com/en/news/281110331.md) - [GF Securities Remains a Buy on China International Capital (CNICF)](https://longbridge.com/en/news/281482597.md)