GAC Ruqi Mobility once again submitted its listing application to the Hong Kong Stock Exchange, with revenue of 2.1611 billion yuan in 2023

According to this site’s report on March 26, Ruqi Travel has once again submitted an application for main board listing to the Hong Kong Stock Exchange. They had previously submitted an application on August 18, 2023. In this application, CICC, Huatai International and ABC International still serve as its joint sponsors.

According to public information, Ruqi Travel is an innovative mobile travel platform jointly owned by well-known companies such as Guangzhou Automobile Group, Tencent, and Guangzhou Public Transport Group. invest. Its main business scope covers online ride-hailing and Robotaxi services, technical support, and fleet management services.

The listing application form shows that Ruqi Travel’s total revenue in 2021 will be 1.0135 billion yuan, 1.3684 billion yuan in 2022, and 2.1611 billion yuan in 2023. The losses during the year will be 684.6 million yuan, 626.8 million yuan, and 692.8 million yuan respectively. billion.

##Recently, the Ministry of Transport announced the domestic online appointment booking system for January 2024. Vehicle operation data showed that the total order volume was 911 million orders, an increase of 1.9% month-on-month.

Among the top 10 platforms by order volume, the order compliance rates (referring to the proportion of orders in which both drivers and vehicles are licensed) from high to low are

Ruqi Travel, Travel with China, Timely Car, Xiangdao Travel, Wanshun Taxi, T3 Travel, Sunshine Travel, Caocao Travel, Didi Travel, Huaxiaozhu Travel.

As of January 31, 2024, there were 339 companies across the country that had obtained operating licenses for online ride-hailing platforms, an increase of 2 from the previous period. So far, 6.614 million online ride-hailing driver licenses and 2.813 million vehicle transportation licenses have been issued in various places, an increase of 0.6% and 0.7% respectively from the previous period.

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