On February 28, Chery Automobile Co., Ltd. officially filed an application for listing on the Hong Kong Stock Exchange, following its previous direct investments in approximately 60 enterprises. In January 2025, its parent entity, Chery Holding Group Co., Ltd., secured equity financing from Qingdao City Investment Group, IDG Capital, and FireEye Capital. While the exact amount of funds raised was not disclosed, Chery Automobile affirmed that the proceeds would be allocated towards new model research and development, technological advancements, overseas market expansion, and operational capital replenishment.
