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|
Title of each class of
securities to be registered(1) |
| | |
Amount to be
registered(2) |
| | |
Offering price per
share(3) |
| | |
Aggregate offering
price(3) |
| | |
Amount of
registration fee(3) |
|
|
Class A ordinary shares, par value $0.00025 per share
|
| | |
78,200,000
|
| | |
US$39.00
|
| | |
US$3,049,800,000
|
| | |
US$332,733.18
|
|
| | |
Price to Public
|
| |
Underwriting Discounts
and Commissions(1) |
| |
Proceeds to
Company |
| |||||||||
Per ADS
|
| | | $ | 39.00 | | | | | $ | 0.5460 | | | | | $ | 38.4540 | | |
Total
|
| | | $ | 2,652,000,000 | | | | | $ | 37,128,000 | | | | | $ | 2,614,872,000 | | |
| MORGAN STANLEY | | |
CICC
|
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Page
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| | | | S-1 | | | |
| | | | S-2 | | | |
| | | | S-3 | | | |
| | | | S-13 | | | |
| | | | S-14 | | | |
| | | | S-67 | | | |
| | | | S-93 | | | |
| | | | S-96 | | | |
| | | | S-104 | | | |
| | | | S-105 | | | |
| | | | S-106 | | | |
| | | | S-108 | | | |
| | | | S-109 | | | |
| | | | S-119 | | | |
| | | | S-125 | | | |
| | | | S-126 | | | |
| | | | S-127 | | | |
| | | | S-128 | | |
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| | | | | 2 | | | |
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| | | | | 5 | | | |
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| | | | | 27 | | | |
| | | | | 29 | | | |
| | | | | 36 | | | |
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| | | | | 40 | | | |
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| | | | | 42 | | |
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January
2020 |
| |
February
2020 |
| |
March
2020 |
| |
April
2020 |
| |
May
2020 |
| |
June
2020 |
| |
July
2020 |
| |
August
2020 |
| |
September
2020 |
| |
October
2020 |
| |
November
2020 |
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ES8s produced for the
period |
| | | | 100 | | | | | | — | | | | | | 175 | | | | | | 200 | | | | | | 914 | | | | | | 1,263 | | | | | | 850 | | | | | | 1,213 | | | | | | 1,623 | | | | | | 1,472 | | | | | | 1,553 | | |
ES8s delivered for the period
|
| | | | 105 | | | | | | 36 | | | | | | 54 | | | | | | 248 | | | | | | 751 | | | | | | 1,264 | | | | | | 923 | | | | | | 1,125 | | | | | | 1,482 | | | | | | 1,477 | | | | | | 1,387 | | |
Cumulative ES8s delivered
|
| | | | 20,585 | | | | | | 20,621 | | | | | | 20,675 | | | | | | 20,923 | | | | | | 21,674 | | | | | | 22,938 | | | | | | 23,861 | | | | | | 24,986 | | | | | | 26,468 | | | | | | 27,945 | | | | | | 29,332 | | |
| | |
January
2020 |
| |
February
2020 |
| |
March
2020 |
| |
April
2020 |
| |
May
2020 |
| |
June
2020 |
| |
July
2020 |
| |
August
2020 |
| |
September
2020 |
| |
October
2020 |
| |
November
2020 |
| |||||||||||||||||||||||||||||||||
ES6s produced for the
period |
| | | | 1,806 | | | | | | 655 | | | | | | 1,442 | | | | | | 2,808 | | | | | | 2,649 | | | | | | 2,755 | | | | | | 2,825 | | | | | | 2,539 | | | | | | 3,268 | | | | | | 2,495 | | | | | | 2,438 | | |
ES6s delivered for the period
|
| | | | 1,493 | | | | | | 671 | | | | | | 1,479 | | | | | | 2,907 | | | | | | 2,685 | | | | | | 2,476 | | | | | | 2,610 | | | | | | 2,840 | | | | | | 3,210 | | | | | | 2,695 | | | | | | 2,386 | | |
Cumulative ES6s delivered
|
| | | | 12,926 | | | | | | 13,597 | | | | | | 15,076 | | | | | | 17,983 | | | | | | 20,668 | | | | | | 23,144 | | | | | | 25,754 | | | | | | 28,594 | | | | | | 31,804 | | | | | | 34,499 | | | | | | 36,885 | | |
| | |
For the Year Ended December 31,
|
| |
For the Nine Months Ended September 30,
|
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2016
|
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2017
|
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2018
|
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2019
|
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2019
|
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2020
|
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| | |
RMB
|
| |
RMB
|
| |
RMB
|
| |
RMB
|
| |
US$
|
| |
RMB
|
| |
RMB
|
| |
US$
|
| ||||||||||||||||||||||||
| | |
(in thousands, except for per share data)
|
| |||||||||||||||||||||||||||||||||||||||||||||
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
(unaudited)
|
| |
(unaudited)
|
| |
(unaudited)
|
| |||||||||
Revenues(1) | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Vehicle sales
|
| | | | — | | | | | | — | | | | | | 4,852,470 | | | | | | 7,367,113 | | | | | | 1,085,058 | | | | | | 4,683,192 | | | | | | 9,008,474 | | | | | | 1,326,805 | | |
Other sales
|
| | | | — | | | | | | — | | | | | | 98,701 | | | | | | 457,791 | | | | | | 67,425 | | | | | | 293,383 | | | | | | 608,368 | | | | | | 89,603 | | |
Total revenues
|
| | | | — | | | | | | — | | | | | | 4,951,171 | | | | | | 7,824,904 | | | | | | 1,152,483 | | | | | | 4,976,575 | | | | | | 9,616,842 | | | | | | 1,416,408 | | |
Cost of sales:(2) | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Vehicle sales
|
| | | | — | | | | | | — | | | | | | (4,930,135) | | | | | | (8,096,035) | | | | | | (1,192,417) | | | | | | (5,251,149) | | | | | | (8,146,439) | | | | | | (1,199,841) | | |
Other sales
|
| | | | — | | | | | | — | | | | | | (276,912) | | | | | | (927,691) | | | | | | (136,634) | | | | | | (670,495) | | | | | | (738,929) | | | | | | (108,832) | | |
Total cost of sales
|
| | | | — | | | | | | — | | | | | | (5,207,047) | | | | | | (9,023,726) | | | | | | (1,329,051) | | | | | | (5,921,644) | | | | | | (8,885,368) | | | | | | (1,308,673) | | |
Gross (loss)/profit
|
| | | | — | | | | | | — | | | | | | (255,876) | | | | | | (1,198,822) | | | | | | (176,568) | | | | | | (945,069) | | | | | | 731,474 | | | | | | 107,735 | | |
Operating expenses: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Research and development(2)
|
| | | | (1,465,353) | | | | | | (2,602,889) | | | | | | (3,997,942) | | | | | | (4,428,580) | | | | | | (652,259) | | | | | | (3,402,172) | | | | | | (1,658,327) | | | | | | (244,245) | | |
Selling, general and administrative
|
| | | | (1,137,187) | | | | | | (2,350,707) | | | | | | (5,341,790) | | | | | | (5,451,787) | | | | | | (802,961) | | | | | | (3,905,772) | | | | | | (2,725,465) | | | | | | (401,418) | | |
Other operating loss, net
|
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | (23,941) | | | | | | (3,526) | | |
Total operating expenses
|
| | | | (2,602,540) | | | | | | (4,953,596) | | | | | | (9,339,732) | | | | | | (9,880,367) | | | | | | (1,455,220) | | | | | | (7,307,944) | | | | | | (4,407,733) | | | | | | (649,189) | | |
Loss from operations
|
| | | | (2,602,540) | | | | | | (4,953,596) | | | | | | (9,595,608) | | | | | | (11,079,189) | | | | | | (1,631,788) | | | | | | (8,253,013) | | | | | | (3,676,259) | | | | | | (541,454) | | |
Interest income
|
| | | | 27,556 | | | | | | 18,970 | | | | | | 133,384 | | | | | | 160,279 | | | | | | 23,607 | | | | | | 137,926 | | | | | | 89,885 | | | | | | 13,239 | | |
Interest expenses
|
| | | | (55) | | | | | | (18,084) | | | | | | (123,643) | | | | | | (370,536) | | | | | | (54,574) | | | | | | (268,213) | | | | < |