On August 12, 2021, Li Auto, a portfolio company of the sub-fund invested in by the mother fund managed by Yuanhe Chukun—Source Code Capital—announced its successful listing on the Main Board of the Hong Kong Stock Exchange as an A-class ordinary share, with stock code: 2015.HK.

In July 2021, Li Auto delivered 8,589 units of the Li ONE, representing a year-on-year increase of 251.3%. This marked the first time the company’s monthly deliveries exceeded 8,000 vehicles, setting a new record. As of July 31, 2021, Li Auto’s total deliveries for 2021 had reached 38,743 units, while its cumulative delivery count stood at 72,340 vehicles.

“ Create   "Building mobile homes, creating happy homes"—this is Li Auto's mission. Driven by this mission, Li Auto is committed to developing products that bring satisfaction to every family user. In 2022, Li Auto will launch its first product on the X platform: a full-size luxury range-extender electric SUV. Additionally, two more SUVs based on the X platform are set to debut in 2023. Beyond that, Li Auto is also advancing pure-electric vehicle technology, including two cutting-edge platforms—Whale and Shark—designed specifically for high-voltage, all-electric models. Starting from 2023, Li Auto plans to introduce at least two new models each year that feature advanced high-voltage pure-electric technology.

Li Auto believes that the energy-recharging efficiency of new-energy vehicles must be as convenient and efficient as that of gasoline-powered cars. Therefore, whether it’s a range-extending electric solution or a high-voltage pure-electric approach, both will deliver a recharging experience that rivals the convenience and efficiency of traditional fuel vehicles. To achieve this goal, Li Auto plans to deploy a high-power charging network consisting of ultra-fast charging stations, ensuring users enjoy a seamless and efficient charging experience.

In terms of intelligent features, the 2021 Ideal ONE currently on sale comes standard with Ideal’s fully self-developed, full-stack Advanced Driver-Assistance System (AD). It also features two Horizon Journey®3 autonomous driving-specific chips and five fifth-generation Bosch millimeter-wave radars. At Ideal Motors, we firmly believe that family safety should always come as standard—there’s no need for optional extras. That’s why, starting from 2022, all new models will be equipped as standard with L4-level autonomous driving software and hardware developed in-house—and we’ll continue refining and enhancing our autonomous driving system over time. Additionally, in the realm of the smart cockpit, we’re pioneering the development of advanced spatial intelligence technologies, ensuring that cutting-edge smart features are tailored to seamlessly serve every member of your family inside the vehicle.

According to incomplete statistics from the investment community, Li Auto has secured 10 rounds of funding since its establishment, with participation from prominent institutions such as Morningside Capital, BlueRun Ventures, Source Code Capital, Plum Ventures, IDG Capital, Yuanjing Capital, Meituan, and ByteDance.

Li Auto stated: "This listing on the Hong Kong Stock Exchange and the global offering strategically broaden our capital access channels, expand our investor base, and further strengthen our ability to scale up, accelerate innovation, and enter new markets. As electric vehicles continue to gain traction, we’re thrilled to leverage our industry-leading technological innovations and product excellence to lead this unprecedented opportunity. We’re delighted with today’s listing and remain fully focused on executing our strategic roadmap to drive sustainable growth, while staying committed to delivering lasting value to our users through cutting-edge technology."