Core Viewpoint - Geely Auto Group has launched the Geely Safety Centre, the world's largest and most advanced automotive safety testing facility, aimed at enhancing safety technologies and setting new global safety benchmarks [1][6]. Group 1: Facility Overview - The Geely Safety Centre covers an area of 45,000 m² with an initial investment exceeding 2 billion RMB [1]. - The centre has set five world records, including the largest automotive safety laboratory (81,930.745 m²) and the longest indoor car crash test track (293.39 meters) [4]. Group 2: Testing Capabilities - The facility encompasses a wide range of safety testing, including high-speed crash tests, pedestrian protection, active safety simulations, and cybersecurity evaluations [3]. - It features capabilities for testing volatile materials and harmful substances, ensuring products meet a "zero harmful gas/odor" standard [3]. Group 3: Research and Development - Over the past decade, Geely has invested more than 250 billion RMB in R&D, with a focus on safety as a core priority [6]. - The centre aims to combine global best practices in automotive safety with Geely's R&D capabilities to exceed regulatory requirements [5]. Group 4: Collaboration and Innovation - The Geely Safety Centre will enhance collaboration with institutions like CATARC and Tsinghua University, contributing to the development of intelligent vehicle safety [5]. - The centre supports the innovation of safety technologies in response to the global electric and intelligent transformation of the automotive industry [8].

Company News - China COSCO Shipping Energy Transportation Co., Ltd. (中远海能) has signed shipbuilding contracts with Dalian COSCO Shipping Heavy Industry, Yangzhou COSCO Shipping Heavy Industry, and Guangdong COSCO Shipping Heavy Industry for the construction of one ethylene ship and eighteen oil tankers, with a total cost of RMB 7.882 billion [1] - ZhongAn Online P&C Insurance Co., Ltd. (众安在线) reported a total original insurance premium income of approximately RMB 32.904 billion for the first eleven months [2] - R&F Properties Co., Ltd. (富力地产) achieved total sales revenue of approximately RMB 12.7 billion in the first eleven months, representing a year-on-year increase of 24.63% [3] - Yida China Holdings Limited (亿达中国) reported a contracted sales amount of approximately RMB 681 million for the first eleven months, a year-on-year decrease of 23.22% [4] - Karsen International Holdings Limited (卡森国际) has entered into a steel structure procurement contract with suppliers, involving an investment of RMB 43.5366 million [4] Clinical and Regulatory Updates - Bolex Cloud-B (拨康视云-B) successfully held a meeting after the second phase of clinical trials for CBT-004 [5] - Innovent Biologics, Inc. (复宏汉霖) has had its application for the marketing registration of Hansizhuang® combined chemotherapy for gastric cancer accepted by the National Medical Products Administration, and it has been included in the priority review [5] - CSPC Pharmaceutical Group Limited (石药集团) received approval for a new indication for Donyi® (Irinotecan Liposome Injection) for first-line treatment in patients with metastatic pancreatic cancer [5] - Heng Rui Medicine (恒瑞医药) received a clinical trial approval notice for HRS-1780 tablets [7] Investment and Acquisition Activities - AVIC Aviation Industry Corporation (中航科工) plans to acquire a 59.1816% partnership interest in Hangtou Yuhua for a consideration of RMB 202 million [8] - China Environment Resources Holdings Limited (中国环境资源) intends to acquire 90% equity in Sichuan Yuanlai Shun Recycling Resources Co., Ltd. for RMB 9 million [9] - AVIC Aviation Industry Corporation (中航科工) has proposed to implement full circulation of H-shares [10] - Yabo Technology Holdings Limited (亚博科技控股) has entered into a framework agreement with Alipay (Hangzhou) [11] Financing and Buyback Activities - Yum China Holdings, Inc. (百胜中国) has entered into a share buyback agreement with a total repurchase amount of approximately USD 460 million, including about HKD 880 million under the Hong Kong plan, as part of a plan to return USD 1.5 billion to shareholders through dividends and share buybacks by 2026 [12] - Tencent Holdings Limited (腾讯控股) repurchased approximately 1.044 million shares for about HKD 636 million, with repurchase prices ranging from HKD 601.5 to HKD 616 [13] - Xuanwu Cloud (玄武云) repurchased 6,000 shares for a total of HKD 6,467.79, with prices between HKD 1.05 and HKD 1.07 [14] - China COSCO Shipping Holdings Co., Ltd. (中远海控) repurchased approximately 4.461 million shares for about HKD 60.8605 million, with prices ranging from HKD 13.38 to HKD 13.82 [15] - Geely Automobile Holdings Limited (吉利汽车) repurchased approximately 1.362 million shares for about HKD 23.9241 million, with prices between HKD 17.29 and HKD 17.82 [16] - China Anshun Energy (中国安储能源) plans to issue a total of 524 million shares at a discount of approximately 19.12%, aiming to raise about HKD 288.2 million [16]

Group 1 - The core viewpoint of the news is that Geely Automobile Holdings Limited is finalizing its "One Geely" strategy with the privatization of Zeekr Intelligent Technology Holdings Limited, marking a significant step in its corporate restructuring [2][3] - Approximately 70.8% of eligible Zeekr shareholders opted for share consideration, resulting in Geely issuing a total of 777,228,611 shares, which will carry the same rights as existing shares, including dividends, voting rights, and capital returns [2] - About 29.2% of eligible Zeekr shareholders chose or are deemed to have chosen cash consideration, with Geely set to pay a total of approximately $701 million in cash [2] Group 2 - The merger transaction between Geely and Zeekr is expected to be completed by December 29, 2025, which will enable Geely to cover mainstream, mid-to-high-end, and luxury market segments, creating a more comprehensive brand matrix [3] - Geely aims to establish a diversified power system comprising "fuel, pure electric, plug-in hybrid, and alcohol-hydrogen electric" to meet varied consumer demands [3] - Geely's financial performance is strong, with reported revenue of 239.5 billion yuan for the first three quarters of 2025, a 26% year-on-year increase, and a core net profit of 10.62 billion yuan, reflecting a 59% year-on-year growth [3]

Core Viewpoint - The company has successfully signed long-term agreements with major clients and has seen a significant improvement in customer order stability since 2025 [1] Group 1: Client Relationships - The company has established long-term agreements with key players such as CATL, Zhongchuang Xinhang, Yutong, and XCMG New Energy [1] - The company has secured multiple designated projects for battery box enclosures [1] Group 2: Order Growth - Since 2025, the company has experienced rapid growth in new customer orders [1] - The dependency on major clients has significantly improved, with stable mass production orders from BYD, CATL, and Geely [1]

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） | | --- | --- | --- | --- | --- | | 2025.12.12 | 136.20 | 17.820 | 17.290 | 2392.41 | | 2025.12.11 | 182.40 | 17.710 | 17.290 | 3184.90 | | 2025.12.10 | 153.70 | 17.820 | 17.440 | 2713.61 | | 2025.12.09 | 163.40 | 17.910 | 17.420 | 2870.26 | | 2025.12.08 | 153.40 | 17.910 | 17.510 | 2711.69 | 证券时报·数据宝统计，吉利汽车在港交所公告显示，12月12日以每股17.290港元至17.820港元的价格回 购136.20万股，回购金额达2392.41万港元。该股当日收盘价17.770港元，上涨2.54%，全天成交额6.36 亿港元。 自12月8日以来公司已连续5日进行回购，合计回购789.10万股，累计回购 ...

Group 1 - Geely Automobile (00175.HK) announced a share buyback on December 12, 2025, costing HKD 23.9241 million to repurchase 1.362 million shares at a price range of HKD 17.29 to 17.82 per share [1] - On December 11, 2025, Geely Automobile spent HKD 31.849 million to buy back 1.824 million shares [2]

智通财经APP讯，吉利汽车(00175)发布公告，于2025年12月12日，该公司斥资2392.41万港元回购136.2 万股。 ...

表格類別： 股票 狀態： 新提交 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) 公司名稱： 吉利汽車控股有限公司 呈交日期： 2025年12月12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）變動 | | 庫存股份變動 ...

Core Viewpoint - The article provides an overview of new vehicle launches scheduled for December 2025, detailing specifications, pricing, and market segments for various manufacturers [2][4]. Group 1: Manufacturer Summaries - **SAIC-GM Buick**: Launching the "Buick Zhijing Shijia" on December 5, 2025, as a C MPV with a price range of 43.99 to 46.99 million yuan. It features a 1.5T plug-in hybrid engine and a 2DHT transmission [8]. - **BAIC Manufacturing**: The "Ruisen M8" will also debut on December 5, 2025, in the C MPV segment, priced between 15.98 and 22.98 million yuan. It offers both range-extended and pure electric versions with varying battery capacities [16]. - **Chery Automobile**: The "Jetour X90 PRO" is set for release on December 10, 2025, as a B SUV, with prices from 13.59 to 16.79 million yuan, featuring a 1.6T engine and DCT7 transmission [24]. - **Geely Automobile**: The "Lynk & Co 10 EM-P" will launch on December 10, 2025, in the C NB segment, priced between 17.58 and 18.98 million yuan, equipped with a 1.5T plug-in hybrid engine [32]. - **Dongfeng Motor**: The "Lantu Zhuiguang L" will be available on December 10, 2025, as a C NB with a price range of 27.99 to 30.99 million yuan, featuring a 1.5T plug-in hybrid engine [40]. - **Chery Automobile**: The "Ariya 8 Pro" is scheduled for December 10, 2025, in the A NB segment, priced at 14.79 million yuan, equipped with a 2.0T engine [48]. - **Changan Automobile**: The "Deep Blue S07" will launch on December 11, 2025, as a B SUV, with prices from 16.49 to 17.49 million yuan, featuring a pure electric powertrain [56]. - **Great Wall Motors**: The "Haval H9" will be released on December 11, 2025, as a C SUV, priced at 25.79 million yuan, featuring a 2.4T diesel engine [64]. - **Great Wall Motors**: The "Tank 300" will also launch on December 11, 2025, as an A SUV, with a price range of 22.68 to 24.48 million yuan, offering both gasoline and diesel engine options [72]. Group 2: Technical Specifications - **Buick Zhijing Shijia**: Dimensions are 5,260 mm in length, 2,023 mm in width, and 1,820 mm in height, with a wheelbase of 3,160 mm. The engine delivers 132 kW and 255 Nm of torque, while the electric motor provides 330 kW and 520 Nm [8]. - **Ruisen M8**: Measures 5,317 mm in length, 1,870 mm in width, and 1,955 mm in height, with a wheelbase of 3,200 mm. The range-extended engine produces 112 kW and 210 Nm, while the electric motor offers 170 kW and 310 Nm [16]. - **Jetour X90 PRO**: Dimensions are 4,858 mm in length, 1,925 mm in width, and 1,780 mm in height, with a wheelbase of 2,850 mm. The 1.6T engine produces 145 kW and 290 Nm [24]. - **Lynk & Co 10 EM-P**: Measures 5,050 mm in length, 1,966 mm in width, and 1,487 mm in height, with a wheelbase of 3,005 mm. The engine delivers 120 kW and 255 Nm [32]. - **Lantu Zhuiguang L**: Dimensions are 5,125 mm in length, 1,985 mm in width, and 1,522 mm in height, with a wheelbase of 3,010 mm. The engine produces 110 kW and 220 Nm [40]. - **Ariya 8 Pro**: Measures 4,812 mm in length, 1,843 mm in width, and 1,469 mm in height, with a wheelbase of 2,790 mm. The engine delivers 192 kW and 400 Nm [48]. - **Deep Blue S07**: Dimensions are 4,750 mm in length, 1,930 mm in width, and 1,625 mm in height, with a wheelbase of 2,900 mm. The electric motor produces 190 kW and 290 Nm [56]. - **Haval H9**: Measures 5,070 mm in length, 1,976 mm in width, and 1,960 mm in height, with a wheelbase of 2,850 mm. The diesel engine produces 137 kW and 490 Nm [64]. - **Tank 300**: Dimensions are 4,750 mm in length, 1,930 mm in width, and 1,903 mm in height, with a wheelbase of 2,750 mm. The gasoline engine delivers 167 kW and 387 Nm [72].

Group 1 - The core idea emphasizes the interaction between new demand and new supply, promoting a positive cycle of consumption and investment, enhancing the internal dynamics and reliability of the domestic economy [1] - The production line at Guizhou Geely Automobile Manufacturing Co., Ltd. operates efficiently, with a new car rolling off the assembly line every 70 seconds, showcasing the company's commitment to automation and productivity [1] - The company has seen a significant increase in demand for its Galaxy E5 model, which has sold over 210,000 units since its launch in August last year, reflecting a shift in consumer preferences towards spaciousness and smart features [2] Group 2 - Geely has established a user-oriented evaluation system, collecting feedback from customers within three months of purchase to improve product offerings and address consumer pain points [3] - The local supply chain has been enhanced, with Geely's presence in Guizhou leading to the establishment of 47 supporting enterprises, increasing the local supply rate to 48% [3] - Proximity to the manufacturing base allows for reduced transportation costs and quicker response times for large components, such as seats, which can be delivered to the assembly line within an hour of order [4]