Core Viewpoint - Zhejiang Leapmotor Technology Co., Ltd. (Leapmotor) and its wholly-owned subsidiary, Lingpao Automobile Trading Co., Ltd., have been listed as dishonest executors by the Guangzhou Baiyun District People's Court due to failure to fulfill a legal obligation to pay a total of 3.618 million yuan to Guangzhou Shouqi Automobile Service Co., Ltd. [2][3][4] Group 1: Legal Issues - Leapmotor and Lingpao Automobile Trading owe a total of 3.618 million yuan, which includes 416,000 yuan in rent, 2.7157 million yuan in vehicle purchase payments, 446,385.25 yuan in overdue payment penalties, and 4,000 yuan in legal fees [4][5] - The court has confirmed that Leapmotor is jointly liable for the debt of Lingpao Automobile Trading, and both companies must assist in transferring the registration of 73 vehicles to Lingpao within three months after payment [5][6] - The execution case was filed on June 17, 2025, and the companies have not fulfilled their obligations, leading to their designation as dishonest executors [3][5] Group 2: Financial Performance - In the first half of 2025, Leapmotor achieved revenue of 24.25 billion yuan, a year-on-year increase of 174%, and reported a net profit of 30 million yuan, marking a turnaround from a net loss of 2.21 billion yuan in the same period last year [7] - Leapmotor has adjusted its annual sales guidance from 500,000-600,000 units to 580,000-650,000 units, with a target of reaching 1 million units in sales by 2026 [7]

| 失信被执行人 | | | --- | --- | | 被执行人姓名/名称: | 浙江零跑科技股份有限公司 | | 身份证号码/组织机构代码: | 91330000MA***1W95 | | 执行法院: | 广州市白云区人民法院 | | 省份: 厂东 | | | 执行依据文号: | (2023) 粤0111民初25175号 | | 立案时间: | 2025年06月17日 | | 案号: | (2025) 奥0111执13502号 | | 做出执行依据单位: 生效法律文书确定的义务: | 广州市白云区人民法院 一、原告广州首汽汽车服务有限公司与被告港跑汽车商贸有限公司共同确认被告凌跑汽车商贸有限公司尚欠原告广州首汽汽车服务有限公司合计 3618085.25元（含租金416000元、购车款2715700元、逾期付款违约金446385.25元、律师费40000元）; 二、被告凌跑汽车商贸有限公司同意于 | | | 2024年6月27日前一次性支付原告广州首汽汽车服务有限公司人民币3618085.25元（原告收款账户户名为：广州首汽汽车服务有限公司，开户行：中 承担锌滞清偿责任;四、若被告凌戴汽车商贸有限公司、浙江 ...

每经AI快讯，据中国执行信息公开网，9月25日，广州市白云区人民法院将浙江零跑科技股份有限公司（零跑汽车，09863.HK）和其全资子公司凌跑汽车 商贸有限公司（以下简称"凌跑汽车商贸"）列为失信被执行人，案号为（2025）粤0111执13502号，执行依据文号为（2023）粤0111民初25175号。 零跑汽车对凌跑汽车商贸的上述债务承担连带清偿责任。 | 失信被执行人 | | | --- | --- | | 被执行人姓名/名称: | 浙江零跑科技股份有限公司 | | 身份证号码/组织机构代码： | 91330000MA***1W95 | | 执行法院: | 广州市白云区人民法院 | | 省份: 广东 | | | 执行依据文号: | (2023) 率0111民初25175号 | | 立案时间: | 2025年06月17日 | | 案号: | (2025) 粤011执13502号 | | 做出执行依据单位: | 广州市白云区人民法院 | | 生效法律文书确定的义务: | 一、原告广州首汽汽车服务有限公司与被告凌跑汽车商贸有限公司共同确认被告凌跑汽车商贸有限公司尚欠原告广州首汽汽车服务有限公司合计 | | | ...

Overall Market - The overall market for passenger vehicles includes ICE (Internal Combustion Engine), BEV (Battery Electric Vehicle), and PHEV (Plug-in Hybrid Electric Vehicle) [4] - In the first eight months of 2025, the total production and sales of vehicles reached 2,481,169 units, with a year-on-year growth of 13.5% [5] - The market share of new energy vehicles (NEV) in the overall market reached 23.1% in production and 23.5% in wholesale [5] Submarket Analysis - The new energy vehicle market is segmented into BEV and PHEV, with significant growth observed in both categories [4] - The retail sales of new energy vehicles in August 2025 reached 1,114,901 units, showing an increase of 8.8% compared to the previous year [5] Export Market - The export of new energy vehicles in the first eight months of 2025 totaled 499,341 units, reflecting a growth of 20.2% year-on-year [5] - The overall export market for vehicles, including complete vehicles and CKD (Completely Knocked Down), showed a positive trend with a total of 2,481,169 units exported [5] Manufacturer Performance - BYD remains the top manufacturer in the new energy vehicle segment, with wholesale sales of 371,501 units, marking a growth of 10.2% [21] - Tesla China reported a decline in wholesale sales by 4.0%, totaling 83,192 units [21] Vehicle Type Segmentation - In August 2025, the retail sales of new energy vehicles were dominated by SUVs, with 543,141 units sold, followed by sedans and MPVs [26] - The overall retail market for new energy vehicles showed a significant increase in the SUV segment, indicating a shift in consumer preference [26] Brand Positioning - The luxury brand segment, including brands like Mercedes-Benz and BMW, continues to maintain a strong presence in the market, with competitive sales figures [4] - The market is segmented into price ranges, with vehicles priced below 100,000 yuan showing a notable increase in sales [4] Country Positioning - The export market for new energy vehicles is expanding, with countries increasingly adopting electric vehicles, contributing to the growth of the export segment [20] - The penetration rate of new energy vehicles in the export market reached 43.5% in 2025, indicating a growing acceptance of these vehicles globally [20] Price Positioning - The price segmentation of vehicles shows that the demand for mid-range vehicles (100,000 to 300,000 yuan) is increasing, reflecting changing consumer preferences [4] - The overall market dynamics indicate a shift towards more affordable electric vehicles, which is expected to drive future growth [4]

Group 1 - Hong Kong automotive stocks rose against the trend, with XPeng Motors leading with a peak increase of over 8%, followed by Chery with over 5%, and NIO with nearly 3% [1] - According to a report by CICC, the transformation of China's automotive industry towards electric and intelligent vehicles is nearly complete, with expectations for the penetration rate of new energy vehicles in China to exceed 50% by 2025 [1] - By 2030, it is anticipated that Chinese domestic brands will achieve a production scale of nearly 30 million vehicles globally, with several companies potentially producing over 5 million vehicles annually [1] Group 2 - XPeng Motors announced its official entry into five European markets: Switzerland, Austria, Hungary, Slovenia, and Croatia, and signed a quantum security technology cooperation agreement with Alibaba Cloud [1] - Chery has achieved several significant milestones this year, including being the top exporter of Chinese automobiles, leading in SUV market share, and having the fastest growth in the Fortune Global 500 rankings [1] - BYD is intensifying its efforts to expand into the German market, the largest automotive market in Europe, by hiring senior executives to strengthen its operations [1]

今年前8月，零跑累计交付量突破32万辆。 编辑 王进雨 校对 柳宝庆 新京报贝壳财经讯（记者林子）9月25日，零跑汽车正式宣布第100万辆整车下线。继理想汽车之后，我 国拥有了第二家下线车辆超100万辆的新势力车企。 零跑汽车创始人、董事长、首席执行官朱江明在下线仪式上表示，"我们用了五年时间，实现了从第一 辆零跑S01到第50万辆零跑汽车的下线。我们仅用不到一年时间，又完成了从50万辆到100万辆的下 线，这说明零跑发展的加速度已经越来越快。我们希望在未来一年，同样可以在这里见证下一个100万 辆零跑汽车的下线。" ...

每经AI快讯，9月25日，港股零跑汽车(09863.HK)涨超5%，截至发稿，涨5.32%，报65.3港元，成交额 2.85亿港元。 ...

Group 1 - The Hong Kong stock market saw mixed performance with the Hang Seng Technology Index slightly down by 0.13%, while the National Enterprises Index rose marginally by 0.01% [2] - The Hang Seng Technology Index experienced a peak increase of 2% during the trading session before closing with a minor decline [2] Group 2 - Major technology stocks generally maintained an upward trend, with Xiaomi rising by 4.48%, JD.com by 3.46%, and Baidu by 2.33% [4] - Automotive stocks collectively increased, with Chery Automobile seeing a significant rise of nearly 14% on its first trading day, while other companies like Li Auto, NIO, and BYD also posted gains [4] - Copper prices surged due to supply tightness following an accident at the world's second-largest copper mine, leading to strong performances in the copper sector, with China Daye Non-Ferrous Metals soaring by 25% [4]

资讯编辑：王芳琴 021-66896877 资讯监督：乐卫扬 021-26093827 资讯投诉：陈跃进 021-26093100 零跑汽车今日正式宣布第100万台整车下线，标志着其成为中国第二家迈入"百万俱乐部"的新势力造车 企业。今年1-8月，零跑累计交付量突破32万台，持续领跑中国新势力品牌销量榜，月销量已连续6个月 稳居新势力榜首。 ...

Group 1 - Leap Motor announced the official rollout of its 1 millionth vehicle on September 24 [1] - The company achieved the production of its 500,000th vehicle on October 17, 2024, and the 1 millionth vehicle on September 25, 2025, marking a record speed for new energy vehicle brands [1] - Leap Motor's growth rate surpasses that of Li Auto, achieving this milestone in less than a year, ahead of Xiaopeng Motors and NIO [1]