It is reported that Neolithic will complete US$500 million in financing and plans to list in Hong Kong

On October 22, Bloomberg reported that Neolix, China’s leading company in the field of unmanned delivery, is close to completing a new round of financing worth US$500 million. According to people familiar with the matter, this round of financing with a Pre-IPO nature may be announced as early as this Thursday, attracting active participation from many domestic and foreign investors. This capital will provide Neolithic with sufficient "ammunition" in terms of mass production of unmanned vehicles, technology iteration and global market layout.

Behind the enthusiasm in the capital market is the strong growth of Neolithic's own business and the acceleration of its commercialization process. Just last month,Neolithic just celebrated the rollout of its 10,000th unmanned vehicle, which marks that the company has passed an important threshold for large-scale production. The company’s founder and CEO Yu Enyuan has previously stated that the company’s current monthly production capacityHas climbed to nearly 2,000 units, while the delivery volume for the entire year last year was only more than 1,000 units, and the production capacity has achieved an exponential jump.

What is even more noteworthy is that the Neolithic has found a clear path for self-hemogenesis. Yu Enyuan revealed,When sales reach the level of 1,000 units in a single month, the company can achieve monthly breakeven.. About 70% of the vehicles currently off the production line are directly put into terminal distribution business, showing the strong market demand for unmanned distribution solutions.

Driven by the dual drive of capital and production capacity, Neolithic is setting its sights on a broader international market and is already preparing for the future.IPO in Hong KongMake active preparations. Recently, Neolithic has made key breakthroughs in the Middle East market, reached cooperation with local entities in Abu Dhabi, and successfully obtained a local unmanned delivery vehicle operating license, setting an important example for its overseas commercialization.

As of press time, Neolithic has not commented on this news.