VOYAH Auto Lists on Hong Kong Stock Exchange and Unveils the Taishan X8 for the First Time

[Company News] VOYAH Auto has officially listed on the Hong Kong Stock Exchange and simultaneously debuted its strategic model, the Taishan X8.

Core Development: The First Central SOE/Eastern SOE Premium New Energy Vehicle Stock Successfully Listed

On March 19, 2026, VOYAH Auto (07489.HK) was listed on the Main Board of the Hong Kong Stock Exchange, becoming the "first premium new energy vehicle stock among central and state-owned enterprises." The VOYAH Taishan X8, unveiled on the same day, is positioned as "China's largest five-seater SUV" and, as the debut model launched alongside the Hong Kong listing, is redefining the flagship family SUV segment.

Key Metrics: Three-Year CAGR Exceeds 65%

From 2023 to 2025, VOYAH’s sales volume increased from 50,300 units to 150,200 units, achieving a compound annual growth rate (CAGR) of 73%; revenue rose from RMB 12.75 billion to RMB 34.86 billion, with a compound growth rate of 65.4%; net profit reached RMB 1.02 billion in 2025, and gross margin remained steady at 20.9%.

Strategic Foundation: In-House R&D Builds a Profitability Moat

As of February 2026, VOYAH had accumulated 5,828 patents, of which 85.35% were invention patents. Its globally launched 800V Lanhai Intelligent Super Hybrid Technology enables a combined driving range of 1,400 kilometers, L3-level autonomous driving has completed over 1 million kilometers of testing, and the vehicle’s safety system meets the highest ASIL-D standard.