相关事件 吉利汽车(00175.HK)1月9日耗资2662.3万港元回购154.7万股 吉利汽车(00175.HK)1月8日耗资6762.08万 港元回购392.5万股 格隆汇1月9日丨吉利汽车(00175.HK)发布公告，2026年1月9日耗资2662.3万港元回购154.7万股，回购价 格每股17.17-17.25港元。 ...

吉利汽车(00175)发布公告，于2026年1月9日，该公司斥资2662.29万港元回购154.7万股股份，每股回购 价格为17.17-17.25港元;因集团雇员根据认股权计划(于2023年4月28日获采纳)行使认股权而发行3.3万股 普通股股份。 ...

智通财经APP讯，吉利汽车(00175)发布公告，于2026年1月9日，该公司斥资2662.29万港元回购154.7万 股股份，每股回购价格为17.17-17.25港元;因集团雇员根据认股权计划(于2023年4月28日获采纳)行使认 股权而发行3.3万股普通股股份。 ...

翌日披露報表 (股份發行人 ── 已發行股份或庫存股份變動、股份購回及/或在場内出售庫存股份) 表格類別： 股票 狀態： 新提交 公司名稱： 吉利汽車控股有限公司 FF305 呈交日期： 2026年1月9日 如上市發行人的已發行股份或庫存股份出現變動而須根據《香港聯合交易所有限公司（「香港聯交所」）證券上市規則》(「《主板上市規則》」)第13.25A條 / 《香港聯合交易所有限公司GEM證券 上市規則》(「《GEM上市規則》」)第17.27A條作出披露，必須填妥第一章節 。 | 第一章節 | | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 1. 股份分類 | 普通股 | | 股份類別 不適用 | | 於香港聯交所上市 | | 是 | | | 證券代號 (如上市) | 00175 | | 說明 | | | | | | | 多櫃檯證券代號 | 80175 | RMB 說明 | | | | | | | | A. 已發行股份或庫存股份變動 | | | | | | | | | | | | | 已發行股份（不包括庫存股份） ...

Core Insights - The overall retail sales of passenger cars in December 2025 reached 2.261 million units, a year-on-year decrease of 14.0% but a month-on-month increase of 1.6% [1] - Cumulative retail sales for the year amounted to 23.744 million units, reflecting a year-on-year growth of 3.8% [1] - The wholesale growth rate for passenger cars in 2025 is projected at 8.8%, with new energy vehicles (NEVs) expected to grow at 25.2%, meeting the growth expectations set for the "14th Five-Year Plan" [1] Market Performance - December's passenger car retail sales showed a significant decline in fuel vehicles, down 30% year-on-year, while pure electric vehicle sales increased by 2.5% [2] - The penetration rate of new energy vehicles in December reached 59.1%, indicating a shift towards a "new energy-dominated" market [2][11] - The retail share of domestic brands in December was 64.3%, a year-on-year increase of 2.2 percentage points [3] Production and Wholesale - Passenger car production in December was 2.791 million units, a year-on-year decrease of 4.6% [4] - December's wholesale volume for passenger cars was 2.789 million units, down 9.0% year-on-year [5] - The production of new energy vehicles in December reached 1.560 million units, a year-on-year increase of 7.6% [7] Export Trends - In December, the export of passenger cars (including complete vehicles and CKD) was 588,000 units, a year-on-year increase of 46.2% [4] - New energy vehicles accounted for 46.4% of total exports in December, up 15.6 percentage points from the previous year [4][13] - Cumulative exports of new energy vehicles for the year reached 2.422 million units, a growth of 86.2% [7] Inventory and Market Dynamics - The overall inventory in December decreased by 60,000 units, indicating proactive inventory reduction by manufacturers [6] - The market is experiencing a significant adjustment in consumer sentiment due to changes in trade-in policies and the expiration of tax exemptions for new energy vehicles [1][2] - The competitive landscape is shifting, with traditional manufacturers like Geely, Changan, and Great Wall showing improved market shares [3] Future Outlook - The January 2026 market is expected to benefit from a favorable production and sales environment, with a focus on the upcoming Spring Festival driving consumer demand [18] - The implementation of new policies aimed at promoting vehicle upgrades and trade-ins is anticipated to support market stability and growth in early 2026 [20] - The overall passenger car market is projected to maintain a stable trajectory, with a forecasted wholesale growth of 1% for 2026 [20]

Group 1: Core Themes of CES 2026 - The main theme of CES 2026 is "human-centered" AI applications, marking a shift from traditional consumer electronics to AI-centric technological transformations [1] - Chinese companies are increasingly taking center stage at CES, with 942 exhibitors, accounting for approximately 22% of the total, maintaining their position as the second-largest exhibiting nation [1] - In specific sectors, Chinese firms dominate, with 55% of humanoid robot exhibitors and nearly 70% of AI glasses brands coming from China [1] Group 2: Robotics and AI Innovations - Chinese manufacturers are expected to continue leading in cost reduction and efficiency improvements in humanoid robots, showcasing their capabilities in unstructured environments [2] - Notable products include the Unitree H1 humanoid robot with advanced sensing capabilities and the latest generation of the "绝影" series robotic dogs, which excel in indoor navigation [4][11] - The "Care-bot" humanoid robot by Fourier demonstrates embodied intelligence in real-life interaction scenarios [7] Group 3: Consumer Electronics and Smart Devices - Over 80% of global smart glasses supply chain manufacturers are from China, with 16 Chinese companies showcasing their products at CES [15] - Innovations in smart home devices include the AI-driven "安安" companion robot designed for elderly and cognitively impaired individuals [16] - Companies like Alibaba and XREAL are launching advanced AI glasses, with features such as ultra-lightweight designs and integration with various AI services [19][20] Group 4: Automotive and AI Integration - The automotive industry is transitioning from "software-defined" to "AI-defined" vehicles, with companies like Geely and Great Wall showcasing new technologies [28] - Geely's G-ASD smart driving solution and Great Wall's focus on new energy technologies highlight the industry's shift towards AI integration [30][32] - New products like the AI-driven logistics solutions from New Stone and advanced lidar technology from Hesai demonstrate the growing importance of AI in transportation [34][35] Group 5: Home Appliances and AI - Hisense introduced new RGB-Mini LED display technology and AI-controlled smart refrigerators, showcasing the integration of AI in home appliances [41] - TCL's innovations in display technology, including the world's first printed OLED car screen, reflect advancements in consumer electronics [43][44] - Companies are increasingly focusing on AI capabilities in home security and smart home management systems [51][49] Group 6: Overall Impact of AI - CES 2026 emphasizes the profound impact of AI on the consumer electronics industry, with expectations for AI user numbers to grow significantly [59] - The event serves as a platform for global tech companies to set the foundation for future technological development and transformation [59] - The integration of AI into various sectors, including robotics, automotive, and consumer electronics, indicates a trend towards deeper AI adoption in everyday life [59]

炒股就看金麒麟分析师研报，权威，专业，及时，全面，助您挖掘潜力主题机会！ 来源：数读社 在剧烈变化的市场中，车企并没有太多时间沉浸在过去的成绩或教训中，只能继续不停奔跑。从单一产 品线跑向全产品线，从国内市场，跑向全球市场。 作者 | 老 牛 编辑 | 金 晓 2020年，比亚迪卖了42.6万台车，放到2025年，要排到小鹏之后。 短短5年，比亚迪的销量猛增到454.5万台，复合增长率高达60%。 可即便如此快速的增长，比亚迪仍然迎来了最具焦虑感的一年，不但没能完成业绩指标，还被吉利、上 汽、奇瑞、长安等车企疯狂追赶。 这是2025年的一个真实写照，在激荡的竞争中，中国车企正在完成走向全球前的最后积累。 #1 12月短暂回调 Business Data Analysis 政策鼓励还在延续。临近年末，多地仍然在追加汽车销售的补贴，广东、江苏、浙江、湖北、安徽、四 川、山东等地进行了消费补贴，总金额超11亿元。 不过，经过长时间的狂奔，12月车企销量进入到短暂的盘整期。 | | 12月 | 合计 | 环比 | 同比 | | --- | --- | --- | --- | --- | | 比亚速 | 414784 ...

点 击 蓝 字 关 注 我 们 | 零车(4) | | | | | | | 田口(0) | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 零售 | 轿车 | МРУ | SUV | 狭义乘用车 | 微客 | 广义乘用车 | HD | 轿车 | MPV | SUV | 狭义乘用车 | 微客 | 广义乘用车 | | (单位:万辆) | 600 | t | 1 | 습计 | 6 | 合计 | (单位:万辆) | 600 | C | 8 | 음计 | C | 合计 | | 12月份 | 97.9 | 10.4 | 117.8 | 226.1 | 1.5 | 227.6 | 12月份 | 14.3 | 0.9 | 43.6 | 58.8 | 3 0.6 | 59.4 | | 11月份 | 100.7 | 8.6 | 113.2 | 222.5 | 1.9 | 224.4 | 11月份 | 15.4 | 1.0 | 43.7 | 60.1 | 0.4 | 60.4 | ...

2025年，吉利控股集团全球总销量4，116，321辆，同比增长26%，实现连续五年快速增长，年销 首次突破400万大关，创历史新高；其中新能源销量2，293，099辆，同比增长58%，新能源渗透率 56%，成为集团市场增长的主要驱动力。 ...

超大模型的智能辅助驾驶路线，已经成为车企共识，理想、小鹏抢滩VLA之后，吉利也推出了自己的 世界模型。 1月5日，吉利在全球消费电子盛宴CES开幕前夕，宣布其全域AI技术体系升级到2.0时代，标志性的技 术成果就是WAM世界行为模型(World Action Model)。 以华为代表的企业，则宣称世界模型才是终极路线，认为辅助驾驶系统对物理环境的感知到动作输出， 不需要经过语言模型转录，从而导致延时和信息损失。 李传海告诉36媒体，比起VLA、WM这些模型，吉利WAM是增强型的"世界模型"。"尤为关键的是，吉 利的WAM还把基于沃尔沃的安全大数据，训练到模型中，同时融合了整车各域的参数，还有对互联网 生态的一些感知层面的要素，构建起能够实现整车各域融合的统一"整车通用大脑"。 吉利汽车集团CEO淦家阅也解释，吉利WAM也与市面上的WM（世界模型）有区别，"目前行业里大部 分的WM就是根据我们实际所见到的场景来进行模拟。但很多极端场景我们没有见到，只能设想，所以 吉利通过非常庞大的数据，来模拟一些更极端、很罕见的场景。" "WAM迭代的能力很强，甚至可以做到一周到两周之内就可以迭代一次，大家可以看到吉利的辅助 ...