Movement Alert|LI AUTO-W Rises 3.72% in Regular Trading, RMB 2.65 Billion Strategic Investment in Sunwoda Power Makes It Second-Largest Shareholder

Market Focus
Sep 07

On September 7, LI AUTO-W rose 3.72% in regular trading, trading at HK$49.0/share, with turnover of HK$134 million.

On the news front, Sunwoda Electronic announced on September 4 that LI AUTO plans to invest RMB 2.65 billion to subscribe for new registered capital in Sunwoda Power as part of its C++ funding round, representing 8.79% of Sunwoda Power's post-transaction equity. Upon completion, LI AUTO-related entities will indirectly hold a combined 11.17% stake, becoming the second-largest shareholder, with Sunwoda Power's post-investment valuation reaching approximately RMB 30.145 billion. LI AUTO stated this is not a purely financial investment but aims to establish long-term strategic synergy around battery technology, manufacturing quality, and user value.

Meanwhile, Morgan Stanley maintained its Overweight rating on LI AUTO with a target price of HK$78.5, citing the launch of the new-generation MEGA at RMB 509,800 — a RMB 50,000 reduction from the prior model. The bank expects MEGA monthly sales to gradually recover and overseas market expansion to further boost performance. Notably, LI AUTO delivered 37,679 vehicles in August, bringing cumulative deliveries to over 1.8 million units.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

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