Expansion of international territory! Krypton Motors has entered four Middle Eastern markets, including the United Arab Emirates and Saudi Arabia
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发表于 2023-10-2 09:25:02
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The official wechat account of Polar Krypton announced on Friday that on the same day, it and the UAE AW ROSTAMANI Group, Saudi WALLAN Group, Qatar BLUE LAKE MOTORS, Bahrain Y.K. ALMOAYYED& SONS Group signed a national general agent agreement to enter the Middle East automobile market together.
Following the opening of European markets such as Sweden, the Netherlands and Germany, Polar Krypton has also signed agreements with partners in Israel and Kazakhstan. In September, Polar Krypton officially reached cooperation with four Gulf partners in the Middle East, and the pace of entering the global market is accelerating.
In addition to the Chinese domestic market and the European market, polar Krypton is expected to enter eight international mainstream markets and regions this year. With the continuous research and development of right-rudder products, its global territory will be further expanded in the future.
Polar Krypton is not only expanding its business globally, but it is also moving forward with plans to go public in the United States. On August 25, the CSRC website showed that the overseas listing filing information of Krypton Intelligent Technology Holding Company was approved. According to the notice of filing for the overseas offering listing, Polar Krypton plans to list and issue no more than 926 million common shares on the New York Stock Exchange in the United States.
Krypton is preparing to hold trial meetings with investors in Hong Kong, Singapore, London, New York, Boston, California and the Middle East to assess global investor interest in its initial public offering on the New York Stock Exchange, and plans to raise about $1 billion in the future IPO.
"Combined with recent business, the IPO valuation of Polar Krypton is expected to be well over $13 billion." "The person said at the time.
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