Lantu Auto Files for Hong Kong Stock Exchange Listing, Projected Revenue Surpasses $2.7 Billion in 2024

Lantu Automobile Technology Co., Ltd. Submits Listing Application to the Hong Kong Stock Exchange

Summary:

  • Lantu Automobile Technology Co. Ltd. has officially submitted its listing application to the Hong Kong Stock Exchange, with CICC serving as the exclusive sponsor.
  • The company, founded in 2021, specializes in high-end smart new energy vehicles, covering sedans, SUVs, and MPVs.
  • Lantu has demonstrated strong financial growth, including significant revenue increases and a notable surge in vehicle deliveries.

In a pivotal move signaling its growth trajectory, Lantu Automobile Technology Co., Ltd. has submitted a listing application to the Hong Kong Stock Exchange. This notable step is backed by China International Capital Corporation (CICC), which has been designated as the exclusive sponsor for this listing.

Founded in 2021, Lantu Auto is a high-end smart new energy brand under Dongfeng Company. The company has quickly positioned itself in the automotive market, focusing on three major vehicle segments: sedans, SUVs, and multi-purpose vehicles (MPVs). This strategic specialization aligns with the growing consumer demand for innovative and sustainable transport solutions.

Financial Performance

Lantu Auto’s financial performance paints a promising picture. The company reported revenues of RMB 6.0518 billion, RMB 12.7494 billion, RMB 19.3606 billion, RMB 8.2954 billion, and RMB 15.7815 billion over the seven months ending in 2022, 2023, 2024, and 2025, respectively. Notably, the compound annual growth rate (CAGR) from 2022 to 2024 reached a remarkable 78.9%. Furthermore, as of July 31, 2025, the seven-month year-on-year growth rate soared to 90.2%, showcasing the company’s robust expansion in a competitive marketplace.

These figures underscore Lantu’s strong positioning in the new energy sector. The gross profit margin has also exhibited a positive trend, increasing from 8.3% in 2022 to 21.0% in 2024, and further climbing to 21.3% in the first seven months of 2025. This growth trajectory not only reflects effective cost management but also highlights the increasing demand for Lantu’s products.

Vehicle Deliveries and Market Impact

The demand for Lantu’s vehicles is underscored by its impressive delivery numbers. In September 2025 alone, the company delivered 15,224 vehicles, marking an impressive cumulative year-on-year increase of 85% from January to September of the same year. This surge in deliveries signals not just growth in production capacity but also enhanced consumer acceptance in the marketplace.

As Lantu prepares for its public listing, the company aims to capitalize on the burgeoning interest in electric and smart vehicles, positioning itself strategically within this lucrative market. The listing is expected to provide Lantu with the necessary leverage to accelerate its expansion and continue investing in its innovative technologies and product development.

Future Prospects

Looking ahead, Lantu Auto’s aggressive growth strategy, combined with a focus on high-quality, innovative vehicle offerings, positions it favorably against competitors. The increasing adoption of electric vehicles globally, coupled with governmental policies promoting sustainable transport, is likely to bolster Lantu’s market presence.

In conclusion, the submission of Lantu’s listing application to the Hong Kong Stock Exchange is not just a financial maneuver; it is a strategic move that reflects the company’s potential to become a key player in the new energy vehicle sector. Investors and stakeholders are eagerly watching as Lantu embarks on this exciting new chapter, with expectations for sustained growth and innovation in the automotive landscape.

As the market continues to evolve, Lantu Auto remains committed to driving advancements in smart and sustainable transportation. The journey ahead looks promising, and the automotive industry may well witness a new force in the coming years.

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