智通财经APP获悉，摩比发展(00947)、瑞声科技(02018)、富智康集团(02038)、吉利汽车(00175)、昊海 生物科技(06826)、VITASOY INT'L(00345)、永升服务(01995)、希玛眼科(03309)、歌礼制药-B(01672)、 亲亲食品(01583)、周黑鸭(01458)、绿城服务(02869)、中国旭阳集团(01907)、柠萌影视(09857)、移卡 (09923)、联易融科技-W(09959)、枫叶教育(01317)、信利国际(00732)、创新奇智(02121)、天福 (06868)、百宏实业(02299)、天润云(02167)、海吉亚医疗(06078)、巨子生物(02367)、天伦燃气(01600)、 IGG(00799)、滨海投资(02886)、首程控股(00697)、腾讯控股(00700)、天虹国际集团(02678)、中远海控 (01919)、同道猎聘(06100)、易点云(02416)、明源云(00909)、鹰瞳科技-B(02251)、津上机床中国 (01651)、名创优品(09896)、小米集团-W(01810)、天立国际控股(01773)、一脉阳光(N ...

Core Viewpoint - Jameel Motors plans to fully launch the entire range of electric commercial vehicles from Farizon Auto, a subsidiary of Geely Holding, in the UAE by 2026 to support decarbonization strategies and fleet electrification [1] Group 1 - Jameel Motors has obtained the dealership rights for Farizon Auto in the UAE, effective from 2025 [1] - The company has opened its first showroom and service center in Dubai [1]

Group 1 - Geely Automobile has completed the integration of Zeekr, with Zeekr now being a wholly-owned subsidiary of Geely after its delisting from the NYSE [2][5] - The integration is expected to reduce costs for Geely Group by consolidating R&D, supply chain, and manufacturing systems, allowing Zeekr to leverage Geely's global channels for faster international expansion [5] - This move is anticipated to enhance Geely's market share in the high-end segment through Zeekr's advanced technology, benefiting both companies in the long term [5] Group 2 - Harman International, a subsidiary of Samsung Electronics, is entering the advanced driver-assistance systems (ADAS) market by acquiring ZF Friedrichshafen AG's ADAS business for €1.5 billion [7] - This acquisition will provide Harman with essential technologies and products related to ADAS, including in-vehicle front cameras and ADAS controllers, marking its entry into a rapidly growing market [7][9] - The acquisition is expected to position Harman as a leader in the automotive smart camera sector while helping ZF alleviate its rising debt issues [9] Group 3 - Beijing has issued its first specialized license plates for L3 level autonomous vehicles, officially granted to three BAIC Jihu smart connected cars under Beijing Travel Automobile Service Co., Ltd [11] - This issuance represents a significant milestone in China's transition from testing to mass production of L3 autonomous vehicles, marking the beginning of the L3 autonomous driving era [11][14] - The recent issuance of L3 testing licenses to multiple automotive brands indicates a broader shift towards the commercialization of autonomous driving technology in the country [14]

Core Viewpoint - The strategic decision by Geely to privatize Zeekr and reintegrate it into the Geely system reflects a clear shift in focus towards efficiency and consolidation in the competitive landscape of the electric vehicle industry [1][15]. Group 1: Privatization of Zeekr - Geely has completed the privatization of Zeekr, which will now operate as a wholly-owned subsidiary, and the transaction is set to be finalized by December 22, 2025 [2][16]. - The acquisition cost for Geely to buy all issued shares of Zeekr was approximately $2.399 billion (about 17.199 billion RMB) [4][18]. - The merger was approved with a high voting rate of 94.2% at Zeekr's shareholder meeting [4][18]. Group 2: Strategic Shift - The move to reintegrate Zeekr is part of Geely's broader strategy outlined in the "Taizhou Declaration," which aims to enhance efficiency and innovation through resource consolidation [5][18]. - The initial separation of Zeekr was intended to attract external capital and allow for greater organizational flexibility, but the changing market dynamics have made this approach less viable [20][19]. - Geely's multi-brand strategy, while effective for rapid expansion, has led to overlapping positions and resource dilution, necessitating a more focused approach [21][22]. Group 3: Financial Performance and Efficiency - Zeekr has faced significant financial challenges, reporting a net loss of 5.79 billion RMB in 2024 and an asset-liability ratio of 131% [7][23]. - The integration is expected to reduce R&D costs by 10% to 20%, BOM costs by 5% to 8%, and improve production capacity utilization by 3% to 5% [26][25]. - The consolidation will streamline operations, allowing Geely to allocate resources more effectively and enhance overall competitiveness in the market [25][26]. Group 4: Industry Context - The electric vehicle industry is entering a phase of consolidation, shifting from rapid expansion to a focus on efficiency and stability [27]. - Major automotive groups, including SAIC and Dongfeng, are also undergoing similar consolidations in response to the evolving market landscape [27]. - This strategic realignment is seen as a preparation for future global expansion and competitiveness in the electric vehicle sector [27].

近日，极星汽车宣布，为了解决资金短缺困境，已与其控股股东中国吉利控股集团签订一份最高达6亿美元（折合人民币42亿元）的贷款协议。 此外，这笔贷款并非一次性支付，按照极星的声明，其中最后一笔3亿美元的拨付，将根据极星汽车未来的流动性需求，在获得贷款方同意后方可执行。 六个月前，极星汽车就曾获得现有投资人PSD Investment Limited的2亿美元股权投资，后者由吉利控股集团创始人兼董事长李书福实际控制，不过半年时 间，李书福再度加码。 极星发言人称，这笔股东贷款将通过吉利在瑞典的子公司发放，且属于"次级贷款"（即债务清偿顺序低于普通债务的贷款，常见于关联方融资）。这意味 着该笔贷款不计入其55亿美元的债务契约限额，一笔借款显然无法满足当前极星的资金需求，该发言人同时透露，公司正在积极寻求更多股权融资。 品牌定位混乱、产品迭代滞后、渠道布局失策，让其在华销量持续恶化。2021年至2023年，极星销量分别为2048辆、1717辆、1100辆，2024年销量曾有所 回升，累计销量超三千辆。但后续再度下滑。杰兰路数据显示，今年上半年极星累计销量仅为325辆，月均销量不过百。 持续的经营压力让股东方吉利不得不为 ...

Group 1 - Geely and Zeekr have completed their merger, and management adjustments have been finalized, with key personnel now in place [2] - Li Donghui serves as Vice Chairman of Geely Holding Group, overseeing daily management and investment [2] - An Conghui is appointed as CEO of Geely Holding Group, responsible for overall operations [2] - Gui Shengyue continues as CEO of Geely Automobile Holdings and Executive Director [2] - Gan Jiayue is the CEO of the merged Geely Automobile Group and remains an Executive Director [2] Group 2 - Rumors suggest that Duan Yongping will lead OPPO and Vivo in a partnership with Zotye Auto for vehicle manufacturing, but Zotye has denied any current collaboration [2] - The new Weipai Blue Mountain smart hybrid SUV has been launched at a promotional price starting from 275,800 yuan, featuring advanced voice control and intelligent four-wheel drive technology [2] - Porsche China announced the gradual shutdown of its self-built charging network, consisting of approximately 200 stations, starting March 1, 2026, and will shift focus to partnerships with leading charging operators [2]

12月22日晚间，吉利汽车控股有限公司（00175.HK，以下简称"吉利汽车"）发布公告称已与极氪正式合并。至此吉利汽车、领克、极氪等吉利控股集团 （吉利汽车母公司）自主品牌重回一个体系，吉利汽车的"多品牌战略"模式告一段落。 吉利汽车行政总裁及执行董事桂生悦在此前接受采访时表示，面对激烈的市场竞争和复杂的市场环境，进一步提高整合效率，解决利益不一致的问题，把 公司资源深度整合成"一个拳头"，才能真正提高企业竞争力。 "吉利汽车只有通过改变过去'品牌小而散、散而乱'的现象，进行深度整合，把公司的资源凝聚，才有可能在激烈的市场竞争当中取得胜利。"桂生悦进一 步解释称。此次正式合并后，吉利控股集团旗下自主乘用车品牌缩减至4个，并全部归于吉利汽车一家公司。 吉利汽车与极氪的合并是近年来我国汽车产业竞争模式变化的一个缩影。与数年前自主品牌大量推出子品牌、打造子公司来应对市场竞争不同，近期国内 多家主流车企开始收缩多品牌战略，其核心目的是减少内耗、集中资源参与市场竞争。 除了吉利汽车，上汽、东风汽车、广汽等多家大型车企集团乘用车板块也进行了相应整合。 从3到1 《台州宣言》是吉利汽车此番整合的起点。 2024年9月20 ...

Group 1 - Geely Automobile announced the completion of the privatization and merger of Zeekr Intelligent Technology Holdings, making Zeekr a wholly-owned subsidiary and delisting from the New York Stock Exchange, marking the final stage of the "One Geely" strategy integration [2] - The privatization process began in May 2025, with Geely announcing plans to acquire all outstanding shares of Zeekr, followed by the signing of a merger agreement on July 15, allowing shareholders to choose cash or Geely shares as compensation [2] - On December 9, Geely revealed that 70.8% of eligible Zeekr shareholders opted for Geely shares, resulting in the issuance of 777,228,611 shares, while 29.2% chose cash compensation amounting to approximately $701 million [2] Group 2 - Geely launched a share buyback plan approved by the board on October 6, 2025, with a maximum amount of HKD 2.3 billion, executed by Morgan Stanley & Co. International plc, aimed at optimizing capital structure and boosting market confidence [3] - The buyback plan commenced on the first trading day following the deadline for Zeekr's compensation choice in mid-December 2025, with a termination date set for six months after the start date or upon reaching the total buyback amount [3] - Following the completion of the privatization, Zeekr's financial performance will continue to be fully consolidated into Geely's financial statements, enhancing Geely's coverage across mainstream, mid-to-high-end, and luxury segments, and strengthening resource synergy and global competitiveness [3]

吉利汽车回购明细 | 日期 | 回购股数（万股） | 回购最高价（港元） | 回购最低价（港元） | 回购金额（万港元） | | --- | --- | --- | --- | --- | | 2025.12.23 | 158.40 | 17.200 | 16.880 | 2686.12 | | 2025.12.22 | 88.20 | 17.160 | 16.840 | 1497.33 | | 2025.12.19 | 90.70 | 17.050 | 16.600 | 1526.02 | | 2025.12.18 | 190.80 | 16.800 | 16.260 | 3179.71 | | 2025.12.17 | 231.60 | 17.000 | 16.550 | 3861.46 | | 2025.12.16 | 299.90 | 17.200 | 16.720 | 5054.44 | | 2025.12.15 | 199.10 | 17.750 | 17.160 | 3474.85 | | 2025.12.12 | 136.20 | 17.820 | 17.290 | 2392.41 | | 2 ...

Core Viewpoint - Geely Automobile's recent privatization of Zeekr is expected to enhance profitability and streamline operations, leading to increased net profit forecasts for 2025-2027 [1][2]. Group 1: Financial Projections - Geely's net profit estimates for 2025, 2026, and 2027 have been revised upwards to 18.6 billion, 26.3 billion, and 31.6 billion yuan, respectively, with corresponding PE ratios of 8.8x, 6.3x, and 5.2x [1]. - The completion of Zeekr's privatization is anticipated to add 2-3 billion yuan to Geely's net profit in 2026 [2]. - The company expects net profit margins to improve, with projections of 5.5%, 5.9%, and 6.4% for 2025, 2026, and 2027, respectively [4]. Group 2: Sales and Market Performance - Geely's sales reached 310,000 units in November, reflecting a year-on-year increase of 24% and a month-on-month increase of 1.1% [4]. - The company forecasts total sales of 3.06 million, 3.70 million, and 3.99 million units for 2025, 2026, and 2027, representing year-on-year growth of 40%, 21%, and 8% [4]. - The introduction of new models, including the Galaxy A7 and Galaxy M9, is expected to maintain a strong product cycle, with anticipated monthly sales of over 10,000 units for high-end models [3]. Group 3: Strategic Initiatives - The integration of Zeekr, Lynk & Co, and other brands under Geely is expected to create synergies that will lower costs and enhance efficiency [2]. - The company is focusing on high-end models, which are projected to significantly improve product structure and profitability [4]. - Geely is positioned as a preferred stock for potential valuation recovery in the automotive sector, given its strong growth and low valuation compared to peers [5].