The company plans to issue 1.97 billion shares on the Shanghai Stock Exchange, which will account for 10 percent of its total share after the issue. In addition, there will be no transfer of old shares at the IPO.
The company said that it has received nearly 700,000 tourists between Mar 1 – when it resumed operations following a hiatus because of the pandemic – and the end of September.
The company, whose name "Okay" sounds like the Cantonese word for "home", was launched in 2011 in a bid to solve some of the problems in Hong Kong's large, but fragmented real-estate industry.
The company is bullish on prospects for agricultural drones as demand for such gadgets is huge and the whole industry is still in an exploratory mode.
The company has witnessed rapid expansion of its new energy vehicles (NEVs) business since it rolled out several new plug-in hybrid models under its new brand Lynk & Co.
The company’s new Amazon Wine portal offers bottles from wineries around the country. Those wineries will ship directly to customers in twelve states at launch.
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The company, backed by the "three Mas" - Alibaba founder Jack Ma Yun, Tencent's Pony Ma Huateng and Ping An Insurance chairman Ma Mingze - made a stellar market debut in Hong Kong through a .5 billion listing, the first of its kind for an internet-only insurer, in September last year.
The company said Tuesday that it plans to roll out 15 new car models in China by 2020, and launch 40 new energy vehicle models for the Chinese market by the end of 2025.
The company's pollutant emissions continued to decline, and chemical oxygen demand emissions, ammonia nitrogen, sulfur dioxide and nitrogen dioxide emissions decreasing by 5.7 percent, 13.6 percent, 8.5 percent and 7.6 percent, respectively, compared with that in 2018.
The company's news release said Goller has significant knowledge and experience of China and has demonstrated long-standing dedication and commitment to the market, which are the best prerequisites to take the operations in China to the next level.