AoChuang Holdings, Inc.

General Information
Business:

(Incorporated in the Cayman Islands)

We are a passenger electric vehicles (EVs) retailer and comprehensive automobile service provider in Hainan Province, China. Leveraging the beneficial local government policy for EV promotion in Hainan Province, we strategically focus our operation on sales and service of EVs instead of internal combustion engine vehicles (ICEVs). We maintain dealership agreements with well-known EV manufacturers in China to operate our 4S dealership stores for a diversified portfolio of popular EV brands, consisting of Geely Geometry, Ora, Chery New Energy, and GAC Trumpchi. “4S” stands for four automobile-related business elements initiated by “S”: sales, spare parts, service and survey. We established our first 4S dealership store in Haikou, Hainan Province, in 2016, and have since grown to a comprehensive automobile service provider in Hainan with four full-service 4S dealership stores under four PRC operating subsidiaries.

As of the date of this prospectus, we operated through our four full-service dealership stores for which we obtained manufactures’ authorization. All our four 4S dealership stores are located in Haikou, the capital city and also the most populous city of Hainan province. We have established strong, long-term relationships with some leading automobile manufacturers. We have entered into contracts with them, which are renewed on a regular basis. We also received sales awards from manufactures for consecutive years.

Our principal businesses are: (1) the sale of new passenger vehicles as authorized by EV manufacturers; (2) after-sales services, including (i) repair services, (ii) sale of spare parts and accessories, and (iii) maintenance services, and (3) vehicle-related finance and insurance services.

Note: Net loss and revenues are in U.S. dollars for the fiscal year that ended Sept. 30, 2024. 

(Note: AoChuang Holdings, Inc. is offering 1.25 million shares at a price range of $4.00 to $5.00 to raise $6.25 million, according to its F-1/A filing dated May 2, 2025. Background: AoChuang Holdings, Inc. filed its F-1 on Sept. 6, 2024, and disclosed the terms – as shown here.)

 

Industry: RETAIL - EV (ELECTRIC VEHICLE) AUTO DEALER & SERVICE
Employees: 187
Founded: 2018
Contact Information
Address No. 63-1, Nanhai Avenue, Longhua District Haikou City, Hainan Province, China 570206
Phone Number +86 0898-66802667
Web Address
View Prospectus: AoChuang Holdings, Inc.
Financial Information
Market Cap $176.25mil
Revenues $53.65 mil (last 12 months)
Net Income $-1.06 mil (last 12 months)
IPO Profile
Symbol ANE
Exchange NASDAQ
Shares (millions): 1.3
Price range $4.00 - $6.00
Est. $ Volume $6.3 mil
Manager / Joint Managers D. Boral Capital (ex-EF Hutton)
CO-Managers
Expected To Trade:
Status: TBA
Quiet Period Expiration Date:
Lock-Up Period Expiration Date:
SCOOP Rating
Rating Change