Qianli Technology Poised for Hong Kong Listing
Qianli Technology Poised for Hong Kong Listing
Publish Date: 2026-05-10 02:53:00
Source Domain: autonews.gasgoo.com
Gasgoo Munich- Qianli Technology is accelerating its push for a Hong Kong listing.
The company recently resubmitted its application for a main board listing to the Hong Kong Stock Exchange, aiming for a dual listing on the A-share and Hong Kong markets. Market sources suggest it could complete its Hong Kong IPO as early as the second quarter of this year. People close to the project reveal that Qianli Technology has entered the HKEX inquiry phase; if all goes smoothly, it will move forward with roadshows and pricing.
Unlike a typical automaker IPO, Qianli Technology’s Hong Kong debut is drawing extra scrutiny—largely due to the strategic pivot it has undertaken over the past two years.
The company’s predecessor was Lifan shares. In 2020, after a debt crisis and a stalled transition to new energy vehicles, Lifan entered bankruptcy reorganization, followed by a takeover by Geely and capital from Chongqing’s Liangjiang New Area. Post-restructuring, Geely gradually introduced battery-swapping models, platforms, and supply chain resources, steering Lifan’s business toward new energy vehicles.
In 2024, Megvii founder Yin Qi joined the company as chairman. Then, in February 2025, Lifan Technology officially rebranded as “Qianli Technology,” unveiling an “AI + Auto” strategy that extends its business into intelligent driving, smart cockpits, and Robotaxis.
Over the past year, driven by the rebranding and AI strategy, Qianli Technology has captured the capital market’s attention. Its stock surged from a low of 2.2 yuan at the start of 2024 to 13.9 yuan—a gain of over 400% at its peak. Currently, the company’s market capitalization exceeds 50 billion yuan, with shares trading at 11.3 yuan.
Q2 Hong Kong Debut on the Horizon
According to the prospectus, the $1 billion raised from the Hong Kong listing will primarily fuel Qianli Technology’s AI-driven strategy, bolster R&D capabilities, upgrade products and technical solutions, and expand its sales and service networks.
This…
