Group 1 - The automotive market in July showed strong growth driven by national consumption promotion policies, with a notable differentiation between passenger and commercial vehicles [1][2] - In the first seven months of 2025, total automotive sales reached 18.18 million units, with a cumulative growth rate of 11%, while July sales were 2.57 million units, reflecting a year-on-year increase of 14.1% [5][21] - The performance of major automotive groups has shown significant differentiation, with companies like BYD and Chery performing well, while some state-owned enterprises lag behind [7][10] Group 2 - The passenger vehicle market is expected to grow by 13% in 2025, supported by policy factors, while the commercial vehicle market is experiencing structural growth driven by electrification [2][10] - In July, the sales of narrow passenger vehicles reached 2.24 million units, with a year-on-year growth of 14%, and the cumulative sales for the first seven months were 15.55 million units, reflecting a growth rate of 13% [14][18] - The sales of new energy passenger vehicles in July reached 1.19 million units, a year-on-year increase of 25%, with a cumulative wholesale volume of 7.66 million units for the first seven months, up 36% [21][25] Group 3 - The commercial vehicle market has shown a cumulative sales volume of 2.63 million units in the first seven months of 2025, with a growth rate of 6%, while July sales were 330,000 units, reflecting a year-on-year increase of 17% [29][39] - The overall performance of the commercial vehicle market remains low, with a significant decline in 2022, but a recovery trend is noted in 2023 [29][31] - The bus market showed a cumulative sales volume of 430,000 units in the first seven months of 2025, with a growth rate of 20%, and July sales reached 70,000 units, up 32% year-on-year [33][35]

Core Insights - Geely Auto reported a record revenue of 150.3 billion yuan for the first half of 2025, a 27% year-on-year increase, with a net profit attributable to shareholders of 9.29 billion yuan, and a core net profit of 6.66 billion yuan, reflecting a 102% growth [1] - The company achieved a total sales volume of 1.409 million vehicles, a 47% increase year-on-year, with a market share surpassing 10% for the first time [1] - Geely has raised its full-year sales target from 2.71 million to 3 million vehicles based on strong market performance [1][4] Financial Performance - Geely's gross profit increased to 24.7 billion yuan, with a gross margin of 16.4% [1] - Total cash levels rose to 58.8 billion yuan [1] New Energy Segment - The new energy segment emerged as a significant growth driver, with total sales exceeding 725,000 units and a penetration rate of 51.5% [3] - The Galaxy series, now an independent brand, sold 548,000 units, marking a 232% increase [3] High-end Luxury Brands - Zeekr and Lynk & Co have become core supports for brand value enhancement, with Zeekr selling 90,740 units and Lynk & Co selling 154,137 units in the first half of 2025 [3][4] - Lynk & Co achieved a three-year resale rate of 54.58% and has nine models in the top ten of their respective segments [3] International Expansion - Geely's global influence is growing, with over 180,000 units exported and a sales network covering 85 countries and regions [3] - The company has launched ten high-value models in key markets, with the Galaxy E5 international version becoming a global star product [3] Future Outlook - Geely plans to launch five new energy products in the second half of 2025, aiming to enhance its global competitiveness in the smart new energy sector [4]

Core Viewpoint - Geely Automobile reported a record high revenue of 150.28 billion RMB for the first half of 2025, marking a 27% year-on-year increase, despite a 14% decline in net profit to 9.29 billion RMB [1][3]. Financial Performance - Revenue for the first half of 2025 reached 150.28 billion RMB, up from 118.79 billion RMB in the same period of 2024, reflecting a 27% growth [3]. - Net profit decreased by 14% to 9.29 billion RMB compared to 10.79 billion RMB in the previous year [3]. - Core net profit, excluding foreign exchange and other non-core losses, increased by 102% to 6.66 billion RMB [1]. - Gross profit rose to 24.7 billion RMB, with a gross margin of 16.4% [1]. - Total cash level increased to 58.8 billion RMB [1]. Sales and Market Performance - Total sales for the first half of 2025 reached 1.409 million units, a 47% increase year-on-year [5]. - Sales of new energy vehicles reached 725,151 units, representing a 126% increase, with a penetration rate of 51.5% [5]. - Based on the strong sales performance, Geely raised its annual sales target from 2.71 million to 3 million units, achieving 47% of the new target by mid-year [5]. Product Development and Future Outlook - Geely plans to launch five new hybrid models in the second half of 2025, including the Galaxy A7 and others [5]. - Deutsche Bank has raised its profit forecasts for Geely, projecting a 6.7% increase in net profit for 2025 and a 1% increase for 2026, with a target price adjustment from 23 HKD to 25 HKD [4].

DoNews8月14日消息，吉利汽车今天午间公告，上半年营收 1502.8 亿元人民币，同比增长 27%，首次突破 1500 亿元；上半年净利润 92.9 亿 元，同比下降 14%；毛利 247.2 亿元人民币，预估 236.3 亿元，每股收益 0.9031 元。 从数据中获悉，吉利汽车同期总销量达 140.9 万辆，同比增长 47%，增速远超市场平均水平，市占率首次突破 10%。其中新能源表现尤为亮 眼，三大品牌同期累计销量 725151 辆，同比增长 126%，新能源渗透率达 51.5%。基于超预期表现，吉利将全年销量目标上调约 11%，由 271 万辆增至 300 万辆。 | | 截至六月三十日止六個月 | | 變動 | | --- | --- | --- | --- | | | 二零二五年 | 一零二几年 | | | | | (未經審核 | | | | (未經審核) | 及經車列) | 9/0 | | 收益(人民幣千元) | 150.284.734 | 118,792,689 | 27 | | 視為出售附屬公司之收益及分類為持作出售 | | | | | 的資產之減值虧損(人民幣千元) | - | 7. ...

IT之家 8 月 14 日消息，吉利汽车今天午间公告，上半年营收 1502.8 亿元人民币，同比增长 27%，首次突破 1500 亿元；上半年净利润 92.9 亿元，同比下降 14%；毛利 247.2 亿元人民币，预估 236.3 亿元，每股收益 0.9031 元。 | | 截至六月三十日止六個月 | | | --- | --- | --- | | | 二零二五年 | 二零二四年 | | | | (未經審核 | | | (未經審核) | 及經車列) | | 收益(人民幣千元) | 150,284,734 | 118,792,689 | | 視為出售附屬公司之收益及分類為持作出售 | | | | 的資產之減值虧損(人民幣千元) | | 7.726.187 | | 歸屬本公司股權持有人溢利 | | | | (人民幣千元) | 9,289,807 | 10.789.540 | | 每股盈利 | | | | 基本(人民幣分) | 92.18 | 106.50 | | 攤薄(人民幣分) | 90.31 | 105.77 | | 總銷量(部) | 1,409,180 | 955.730 | | | 於二零二五年 | 於二 ...

Group 1: Financial Performance - In the first half of 2025, the company achieved revenue of 150.3 billion yuan, a year-on-year increase of 27%, setting a historical record [1] - The net profit attributable to shareholders reached 9.29 billion yuan, with core net profit at 6.66 billion yuan, reflecting a 102% year-on-year growth [1] - The total cash level increased to 58.8 billion yuan, and the gross profit margin reached 16.4% [1] Group 2: Sales and Market Position - The company sold a total of 1.409 million vehicles in the first half of the year, a 47% increase, with a market share surpassing 10% for the first time [1] - New energy vehicle sales reached 725,000 units, a 126% year-on-year increase, contributing to a penetration rate of 51.5% in the new energy segment [5] - The annual sales target was raised from 2.71 million to 3 million units based on strong market performance [1][11] Group 3: Strategic Initiatives - The company is committed to a "One Geely" strategy, focusing on value, technology, quality, service, and brand ethics, while avoiding price wars [2] - The merger of Zeekr and Lynk & Co has led to improved synergy, enhancing competitiveness in the mainstream, mid-to-high-end, and luxury markets [2] - The company emphasizes safety and innovation, building a leading AI ecosystem and product competitiveness in both smart electric and efficient fuel sectors [2][8] Group 4: Technological Advancements - The company has developed a comprehensive AI technology system, launching the industry's first "smart car full-domain AI" technology framework [10] - The Starry AI Cloud Power 2.0 and advanced battery technologies provide a competitive edge in safety and efficiency [10] - The company has achieved significant milestones in autonomous driving and smart cockpit technologies, with over 1 million users for FlymeAuto [10] Group 5: Global Expansion - The company exported over 180,000 vehicles in the first half of 2025, expanding its global sales network to 85 countries and regions [11] - Zeekr and Lynk & Co have also shown strong performance in international markets, with Zeekr leading luxury electric vehicle sales in Hong Kong [13] - The company is committed to sustainability, with a 23.5% reduction in carbon emissions per vehicle lifecycle compared to 2020, aiming for carbon neutrality by 2045 [13]

北京商报讯（记者 刘晓梦）8月14日，吉利汽车发布财报显示，今年上半年营收1502.8亿元，同比增长 27%；净利润92.9亿元，同比下降14%；销量达140.9万辆，同比增长47%。 ...

同期，极氪科技发布2025年二季度美股财报，整车毛利率17.3%创历史新高；研发费用率、销管费用率 实现同比双降。 2025年上半年，吉利汽车总销量达140.9万辆，同比增长47%，增速远超市场平均水平，市占率首次突 破10%。其中新能源表现尤为亮眼，三大品牌累计销量725151辆，同比增长126%，新能源渗透率达 51.5%。基于超预期表现，吉利将全年销量目标上调约11%，由271万辆增至300万辆。 8月14日，吉利汽车（0175.HK）发布2025年中期业绩报。公司上半年总收入达1503亿元，创历史新 高，同比增长27%；归母利润92.9亿元，扣除外汇汇兑税后归母净收益等非核心损益后，实现核心归母 利润66.6亿元，同比增长102%。公司毛利总额提升至247亿元，毛利率达 16.4%。 ...

中国市场销量达1,225,066辆，同比增长62%，中国市场占有率达11.2%，位列自主品牌销量第二名；其 中，中国市场新能源汽车销量为684,693辆，占中国市场销量的55.9%，高于中国新能源乘用车市场渗透 率50.4%；出口销量184,114辆，同比减少8%；其中新能源汽车出口销量达40,458辆，同比增长146%， 占出口销量的22%。 基于上半年卓越表现，集团于2025年7月1日将全年销量目标由271万辆上调至300万辆。 本文源自：财华网 【财华社讯】吉利汽车(00175.HK)公布，截至2025年6月30日止六个月，集团实现收益约1502.85亿元(人 民币,下同)，同比增加26.5%；毛利约247.19亿元，同比增加24.4%；归属公司股权持有人溢利约92.9亿 元，同比减少13.9%；每股基本盈利92.18分。不派中期股息。 上半年销售表现超出管理层预期，创下历史新高。总销量达1,409,180辆，同比增长47%；新能源汽车销 量达725,151辆，同比增长126%，占总销量的51.5%。燃油汽车、插电混动汽车及纯电动汽车销量分別 同比增长8%、61%及173%。 ...

同期，极氪科技发布2025年二季度美股财报，整车毛利率17.3%创历史新高；研发费用率、销管费用率 实现同比双降。 2025 年上半年，吉利汽车总销量达140.9万辆，同比增长47%，增速远超市场平均水平，市占率首次突 破10%。其中新能源表现尤为亮眼，三大品牌累计销量725151辆，同比增长126%，新能源渗透率达 51.5%。基于超预期表现，吉利将全年销量目标上调约11%，由271万辆增至300万辆。 8月14日，吉利汽车（0175.HK）发布2025年中期业绩报。吉利汽车上半年总收入达1503亿，创历史新 高，同比增长27%；归母利润92.9亿元，扣除外汇汇兑税后归母净收益等非核心损益后，实现核心归母 利润66.6亿元，同比增长102%。公司毛利总额提升至247亿元，毛利率达 16.4%。 ...