Share with friends and circle of friends with wechat scan QR code < / P > < p > < p > < / P > < p > surging news reporter Cui Zhuzhu < / P > < p > < p > < p > < p > on June 25, Xiaopeng automobile (NYSE: xpev) announced on the Hong Kong stock exchange that 85 million shares would be offered for global sale, including 4.25 million shares for public sale in Hong Kong, 80.25 million shares for international sale and 15% over allotment. The total number of shares in the public offering of Hong Kong shares can be adjusted to a maximum of 17 million shares, accounting for about 20% of the initial global offering p> < p > the offering price of the Hong Kong shares will not exceed HK $180 per share with the stock code of 9868. Based on the issue price of Hong Kong shares, Xiaopeng motor plans to raise HK $15.3 billion to HK $17.595 billion p> According to the announcement, Xiaopeng auto will offer shares from June 25 to June 30, set the international offer price on or before June 30, and list on the main board of the stock exchange on July 7. The final Hong Kong offer price will be the lower of the final international offer price and the highest offer price, and the shares will be traded in 100 class a common shares per hand p> < p > as Xiaopeng automobile has been listed in the U.S. stock market for less than one year, it does not meet the conditions for secondary listing of Hong Kong stock. The proposed listing of Hong Kong shares of Xiaopeng automobile is a dual listing of the company's class a common shares on the Hong Kong stock exchange. Investors will only be able to buy common shares instead of ADSS. However, after the proposed listing, the shares listed in Hong Kong will be convertible with the ADSS listed on the New York Stock Exchange p> < p > Xiaopeng said that the company plans to use the net proceeds from global sales to expand the company's product portfolio and develop more advanced technologies; To speed up the company's business expansion, we should enhance brand awareness, obtain customers through Omni channel marketing strategy, and increase sales and service outlets at home and abroad; Improve production capacity, including expanding production capacity, upgrading production facilities and developing production technology; General corporate purposes, including working capital p> < p > on August 27, 2020, Xiaopeng automobile was listed on the New York Stock Exchange with an issue price of US $15 per share. On June 23 this year, the official website of the Hong Kong Stock Exchange showed that Xiaopeng automobile had passed the hearing on the main board of the Hong Kong stock exchange p> < p > according to the Hong Kong Stock Exchange's prospectus, he Xiaopeng, co-founder, chairman and CEO of Xiaopeng automobile, and his affiliated companies are the controlling shareholders of Xiaopeng automobile, holding 21.75%; Taobao China holds 11.9%, IDG capital 4.8%, Xia Heng, co-founder and President of Xiaopeng automobile and his affiliated companies 3.8%, Wuyuan capital 3.2% and Jiyuan capital 2.8% p> According to the financial report, in the first quarter of this year, Xiaopeng's total revenue was 2.951 billion yuan, up 616.1% year on year and 3.5% month on month; The net profit attributable to shareholders was a loss of 787 million yuan, 935.1 million yuan in the same period of last year and 787 million yuan in the fourth quarter of last year; Gross profit margin increased to 11.2%, from - 4.8% in the same period last year to 7.4% in the last quarter p> < p > as of the close of US stock market on June 24, the share price of Xiaopeng automobile fell 1.59% to close at US $40.95/share, with a market value of US $31.5 billion p>