智通财经APP讯，吉利汽车(00175)公布，2025年12月19日耗资约1526.02万港元回购90.7万股股份。 ...

Core Insights - The luxury SUV market is witnessing a shift with the emergence of the Zeekr 9X, which has surpassed 8,000 units in sales within two months of its launch, outperforming traditional fuel models like the BMW X5 and Audi Q7, as well as other electric competitors like the AITO M9 [1][15] - The Zeekr 9X has achieved a high average delivery price of 538,000 yuan, indicating a successful penetration into the traditional luxury car segment, and has topped various consumer satisfaction rankings, showcasing the capability of Chinese brands in the high-end electric vehicle market [1][15] - The success of the Zeekr 9X reflects a broader transformation in consumer preferences from brand symbolism to technology and experience, with over 80% of its buyers coming from traditional luxury brands [7][8] Market Dynamics - The competition in the luxury electric vehicle sector has evolved from a focus on individual features to a comprehensive assessment of architectural capabilities, with the Zeekr 9X exemplifying this shift through its innovative design and technology [5][15] - The Zeekr 9X is built on the Haohan-S architecture, which includes advanced technologies such as a super electric hybrid system and AI-driven safety features, positioning it as a leader in performance, control, and safety [4][5] Consumer Behavior - The target demographic for the Zeekr 9X includes high-net-worth individuals, with 52% of buyers having an annual household income exceeding one million yuan, indicating a shift in purchasing criteria towards technology and experience rather than brand prestige [7][8] - The evolving consumer mindset is driving a transition in the luxury car market from brand-oriented to value-oriented purchasing, with consumers seeking superior product experiences without the premium associated with traditional luxury brands [8][10] Brand Strategy - Zeekr's approach to user engagement emphasizes transparency and trust, with initiatives such as early announcements of product updates and user participation in design processes, fostering a strong relationship with customers [10][11] - The brand's commitment to user-centric service and communication has resulted in a positive feedback loop, with nearly 20% of existing Zeekr owners opting to purchase the 9X, reinforcing brand loyalty [10][11] Global Positioning - The success of the Zeekr 9X in international markets, with sales exceeding 600,000 units across over 40 countries, signifies a growing recognition of Chinese luxury vehicles on the global stage [13][14] - The vehicle's appeal in markets like Qatar and Saudi Arabia highlights a shift in the perception of luxury, moving away from traditional materials to a focus on technological innovation and user experience [13][14] Industry Implications - The performance of the Zeekr 9X marks a pivotal moment for Chinese automotive brands, transitioning from participants in the luxury market to leaders in defining new standards for luxury in the electric vehicle era [15] - The advancements made by Zeekr in technology and user experience are setting a precedent for other Chinese brands, indicating a potential shift in the global automotive landscape towards innovation-driven luxury [15]

格隆汇12月19日丨吉利汽车(00175.HK)发布公告，2025年12月19日耗资1526.02万港元回购90.7万股，回 购价格每股16.6-17.05港元。 ...

FF305 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 FF305 確認 呈交日期： 2025年12月19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 | | | | | | | | | | | | ...

从多个渠道了解，吉利系的智驾整合又有新的人事变动。千里智驾首席科学家袁平一（化名）将离职， 此前向千里智驾 CTO 杨沐汇报。同时，千里智驾数据开发部门负责人古道（化名）也已离职。千里智 驾由吉利、旷视、千里科技共同注资成立的合资公司。接近千里智驾的人士表示，袁平一目前仍在人事 系统内。向千里智驾、吉利官方求证，截至发稿，尚未得到回复。（晚点） ...

Core Viewpoint - The integration of the intelligent driving business under Geely is progressing, with recent personnel changes indicating a dynamic restructuring process [2][4]. Group 1: Company Structure and Personnel Changes - Key personnel changes include the departure of Yuan Pingyi, the chief scientist of Qianli Zhijia, and Gu Dao, the head of the data development department [2]. - Qianli Zhijia is a joint venture established by Geely, Megvii, and Qianli Technology, with a dual CEO structure led by Wang Jun and Chen Qi [4][5]. - The integration has reduced the workforce from over 3,000 to approximately 2,300, incorporating teams from Geely's Zeekr, Geely Research Institute, and Megvii's autonomous driving brand [5]. Group 2: Business Segments and Technology Development - Qianli Zhijia's business is divided into three main segments: intelligent driving, intelligent cockpit, and Robotaxi services, overseen by CEO Wang Jun [4]. - The company has 12 secondary technical departments focusing on various aspects of intelligent driving technology, reporting to Chen Qi [4]. - The "Qianli Haohan" auxiliary driving system has been standardized across Geely's models, with plans to launch an end-to-end intelligent driving model by the end of the year, utilizing NVIDIA's Thor U chip [6].

Group 1 - The article reports on share buybacks conducted by various companies on December 18, 2025, with Tencent Holdings leading in both the number of shares repurchased and the total amount spent [1] - Tencent Holdings repurchased 1.055 million shares for a total of 636 million yuan, representing 1.030% of its total share capital for the year [2] - Other notable companies involved in the buyback include Xiaomi Group, which repurchased 3.75 million shares for 151 million yuan, and China National Petroleum Corporation, which repurchased 254,000 shares for 116.38 million yuan [3] Group 2 - The total number of shares repurchased by companies varied significantly, with China National Petroleum Corporation having a cumulative buyback of 230 million shares, which is 0.190% of its total share capital [3] - Companies like IGG and VITASOY also participated, with IGG repurchasing 182,000 shares for 68.49 million yuan and VITASOY repurchasing 122,000 shares for 77.94 million yuan [3] - The buyback activity reflects a strategic move by these companies to enhance shareholder value and manage their capital structure effectively [1][2]

Group 1 - On December 18, 60 Hong Kong-listed companies conducted share buybacks, totaling 49.5262 million shares and an aggregate amount of HKD 1.122 billion [1][2] - Tencent Holdings repurchased 1.055 million shares for HKD 636.47 million, with a year-to-date total buyback amount of HKD 75.587 billion [1][2] - Xiaomi Group-W repurchased 3.75 million shares for HKD 151.06 million, with a year-to-date total buyback amount of HKD 5.388 billion [1][2] - China COSCO Shipping Holdings repurchased 5.90 million shares for HKD 80.5574 million, with a year-to-date total buyback amount of HKD 6.615 billion [1][2] Group 2 - The highest buyback amount on December 18 was from Tencent Holdings at HKD 636.47 million, followed by Xiaomi Group-W at HKD 151.06 million [1][2] - The largest number of shares repurchased on December 18 was by Anton Oilfield Services, with a buyback of 11.936 million shares [1][2] - Other notable buybacks in terms of share quantity included China COSCO Shipping Holdings and Xiaomi Group-W, with 5.90 million and 3.75 million shares repurchased, respectively [1][2]

Core Insights - November automotive sales reached 3.429 million units, a year-on-year increase of 3.4%. Cumulative sales from January to November totaled 31.127 million units, reflecting an 11.4% year-on-year growth [1][2] - The comprehensive inventory coefficient for automotive dealers in November was 1.6, up 41.4% year-on-year and 34.2% month-on-month. The inventory warning index stood at 55.6%, an increase of 3.8 percentage points year-on-year and 3 percentage points month-on-month [2] Sales Performance - In November, the sales of new energy vehicles (NEVs) reached 1.823 million units, marking a 20.6% year-on-year increase, with a penetration rate of 53.2%. From January to November, NEV sales totaled 14.78 million units, up 31.2% year-on-year, with a penetration rate of 47.5% [2] Investment Strategy - The automotive sector should focus on undervalued leading companies in vehicle manufacturing and parts due to performance improvements. Key areas of interest include: - Domestic car manufacturers with first-mover advantages in the NEV sector, such as BYD, Changan Automobile, Geely, and Li Auto [3] - Stable performance low-valuation leading parts manufacturers like Huayu Automotive and Fuyao Glass [3] - Core players in the electrification and intelligentization sectors, including Desay SV, Ruikeda, Kobot, and Bertley [3] - Opportunities arising from domestic circulation and local replacements, such as Lingdian Electric Control, Sanhua Intelligent Control, Xingyu Co., and Shangsheng Electronics [3] - Strong vehicle manufacturers driving demand for core components, including Top Group, Wencan Co., and Xusheng Group [3] Market Overview - The automotive sector experienced a weekly change of 0.16%, ranking 9th among 31 sectors. The automotive industry outperformed the CSI 300 index during the week [5] - The weekly performance of major indices was as follows: Shanghai Composite Index -0.34%, CSI 300 -0.08%, Shenzhen Component Index 0.84%, and ChiNext Index 2.74% [5] - In sub-sectors, the weekly performance was: automotive services -5.23%, automotive parts 0.11%, passenger vehicles 0.23%, commercial vehicles 0.25%, and motorcycles and others 1.70% [5] Top Performing Stocks - The top five performing stocks in the automotive sector for the week were: Chaojie Co., Huamao Technology, Yueling Co., Huapei Power, and Zhenghe Industrial [6] Underperforming Stocks - The bottom five performing stocks in the automotive sector for the week were: Xiamen Xinda, Rongtai Co., Longji Machinery, Kailong High-Tech, and Disengli [7]

格隆汇勾股大数据显示，腾讯控股(00700)、小米集团-W(01810)、中远海控(01919)、快手-W(01024)、 吉利汽车(00175)、碧桂园服务(06098)、巨子生物(02367)、百融云-W(06608)、中国飞鹤(06186)、名创 优品(09896)、安东油田服务(03337)、明源云(00909)、瑞声科技(02018)、金山软件(03888)、万物云 (02602)、津上机床中国(01651)、蒙牛乳业(02319)、多点数智(02586)、歌礼制药-B(01672)、趣致集团 (00917)、同道猎聘(06100)、海尔智家(06690)、绿城服务(02869)、北森控股(09669)、中远海发(02866)、 信利国际(00732)、锅圈(02517)、德康农牧(02419)、中国石油化工股份(00386)、连连数字(02598)、医渡 科技(02158)、联易融科技-W(09959)、枫叶教育(01317)、永达汽车(03669)、VITASOY INT'L(00345)、 绿茶集团(06831)、富智康集团(02038)、家乡互动(03798)、博雅互动(00434)、IGG ...