香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性 或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部分內容而產生或因倚 賴該等內容而引致的任何損失承擔任何責任。 ZHEJIANG LEAPMOTOR TECHNOLOGY CO., LTD. Davide Mele先生之履歷詳情載列如下： 浙江零跑科技股份有限公司 （於中華人民共和國註冊成立的股份有限公司） （股份代號：9863） 建議更換非執行董事； 及 建議修訂公司章程 建議更換非執行董事 浙江零跑科技股份有限公司（「本公司」）董事（「董事」）會（「董事會」）宣佈，董事 會收到股東Stellantis集團提議，因Douglas Ostermann先生職務變動，建議免去 Douglas Ostermann先生作為第二屆董事會非執行董事的職務，同時提名Davide Mele先生為第二屆董事會非執行董事。 於本公告日期，董事會決議建議免去Douglas Ostermann先生作為第二屆董事會非 執行董事的職務，同時提名Davide Mele先生為第二屆董事會非執行董事候選人， 惟需待本公司股東於股東大會上批准後方可 ...

Core Insights - Zhejiang Leapmotor Technology Co., Ltd. (Leapmotor) reported a net profit of 150 million yuan for Q3 2025, marking continuous quarterly profitability [1] - The company delivered 173,852 new vehicles, achieving a 101.8% increase compared to the same period in 2024, and generated revenue of 19.45 billion yuan, up 97.3% year-on-year [1] - Leapmotor's gross margin improved significantly to 14.5%, and the company has a strong cash position of 33.92 billion yuan, maintaining positive operating and free cash flow [1] Product Development - Leapmotor has launched multiple new models to enhance its product matrix, including the C11, B01, Lafa5, and D19, catering to diverse consumer needs [2][3] - The C11 has sold approximately 300,000 units since its launch in 2021, while the B01 has consistently sold over 10,000 units monthly since its release [2] - The D19, positioned as a flagship model, aims to redefine the value standards for full-size SUVs priced around 300,000 yuan [2] Global Expansion - In Q3 2025, Leapmotor exported 17,397 vehicles, leading the new energy vehicle sector in overseas sales, with a total of 37,772 units exported from January to September [4] - The company has established over 700 sales and service points across approximately 30 international markets, with significant presence in Europe and the Asia-Pacific region [4] - Leapmotor's B10 model debuted in Europe, with over 1,000 orders received in October, and the company is expanding into the South American market with new launches in Brazil [4][5] Service Network and Customer Experience - As of September 30, 2025, Leapmotor's sales and service network covers 292 cities with 866 sales outlets and 493 service centers [6] - The company has implemented a "fast response" service model, improving repair efficiency and parts delivery, with a 30.26% increase in single-store efficiency [6] - Leapmotor has launched a circular manufacturing center to promote resource reuse and reduce carbon emissions, aligning with national carbon neutrality goals [7]

Core Insights - Leapmotor delivered 173,852 vehicles in Q3 2025, leading the sales among new energy vehicle brands in China, representing a 101.8% increase compared to the same period in 2024 [1] - The company has maintained its position as the monthly sales champion among new energy brands in China for eight consecutive months, with October's deliveries surpassing 70,289 units [1][7] Financial Performance - The net profit for Q3 2025 was RMB 150 million, with a total net profit of RMB 180 million for the first three quarters of 2025 [7] - The gross profit margin for Q3 2025 was 14.5%, an increase of 0.9 percentage points from Q2 2025 [7]

Core Viewpoint - Leap Motor reported a strong financial performance for Q3 2025, with significant growth in revenue and net profit, indicating a robust market position and operational efficiency [1] Financial Performance - The net profit for Q3 reached 150 million yuan, maintaining positive growth [1] - Revenue for the quarter was 19.45 billion yuan, representing a year-on-year increase of 97.3% [1] - Gross margin improved to 14.5%, up by 6.4 percentage points compared to the same period last year [1] Delivery and Sales - Total delivery volume for Q3 was 173,852 units, marking a year-on-year growth of 101.8% [1] - In October, Leap Motor's monthly sales surpassed 70,000 units for the first time [1] Cash Flow and Reserves - As of the end of Q3, the company had cash reserves of 33.92 billion yuan [1] - The net cash generated from operating activities was 4.88 billion yuan [1] - Free cash flow amounted to 3.84 billion yuan [1] Product Development - Leap Motor has completed the layout of its four major product series: A, B, C, and D [1] - The Lafa5 sports sedan began pre-sales on November 7, with plans for domestic launch on November 27 [1] - The D19 luxury SUV made its global debut in Shanghai in October [1] - The A10, the first model in the A series, is set to be showcased at the Guangzhou Auto Show in November [1] - The company launched its new flagship D platform, which includes six major technologies such as range extension, high-voltage pure electric, and intelligent driving [1]

公司2025年前三季度累计净利润达1.8亿元，实现从亏损到盈利的结构性转变。 北京商报讯（记者 蔺雨葳）11月17日，零跑汽车发布的财报显示，2025年三季度，公司净利润为人民 币1.5亿元，而2024年同期为亏损6.9亿元；毛利率为14.5%，较2025年二季度提升0.9个百分点；汽车总 交付量为173852台；实现营业收入194.5亿元，同比增长97.3%。 ...

（文章来源：第一财经） 11月17日晚间，零跑汽车副总裁李腾飞在Q3业绩交流会上表示，公司11月份海外订单会超过15000辆， 10月份的海外销量订单已经来到了12000辆。2026年的海外销量目标在10万~15万辆区间。 ...

Group 1 - The core viewpoint of the articles highlights the significant revenue growth and delivery achievements of Leap Motor, with a 97.3% year-on-year increase in revenue for Q3 2025, reaching RMB 19.45 billion [1] - The company reported a profit attributable to equity holders of RMB 150 million, with a gross margin of 14.5%, an increase of 0.9 percentage points from Q2 2025 [1] - The revenue growth is primarily driven by increased delivery volumes of vehicles and parts, leading to a rise in related service income [1] Group 2 - Leap Motor's total vehicle deliveries reached 173,900 units during the period, with October deliveries surpassing 70,300 units, marking the eighth consecutive month as the top-selling new force brand in China [1] - The C10 model achieved cumulative sales of over 200,000 units in 18 months, with an average monthly sales of 15,000 units in Q3 2025 and over 20,000 units in October [1] - The Lafa5 model was unveiled at the Munich Auto Show, targeting urban youth with a focus on lifestyle, attitude, freedom, and art, and is set to launch in China on November 27, 2025 [2] Group 3 - The company has expanded its sales service network to cover 292 cities, an increase of 88 cities year-on-year, with a total of 866 sales outlets, including 367 Leap centers and 499 experience centers [2] - The Lafa series aims to provide high-quality, stylish, and sporty travel options, with the Lafa5 being the first model based on the LEAP3.5 technology architecture [2]

Group 1 - The core revenue for Leap Motor reached RMB 19.45 billion in Q3 2025, representing a year-on-year growth of 97.3% [1] - The profit attributable to equity holders was RMB 150 million, with a gross margin of 14.5%, an increase of 0.9 percentage points from Q2 2025 [1] - The revenue growth was primarily driven by increased delivery volumes of vehicles and parts, leading to a rise in related service income [1] Group 2 - The total vehicle delivery volume for the period was 173,900 units, with October deliveries surpassing 70,300 units, marking the eighth consecutive month as the top-selling brand among new forces in China [1] - The C10 model achieved cumulative sales of over 200,000 units in 18 months, with an average monthly sales of 15,000 units in Q3 2025 and over 20,000 units in October [1] - The Lafa5 model was unveiled at the Munich Auto Show on September 8, 2025, targeting urban youth with a focus on lifestyle, attitude, freedom, and art [2] Group 3 - The Lafa5 is positioned as a high-performance sports sedan based on the LEAP3.5 technology architecture, combining aesthetics, European driving dynamics, flagship intelligence, and superior quality [2] - The pre-sale for Lafa5 was announced on November 7, 2025, with an official launch scheduled for November 27, 2025, and a global market introduction planned for Q2 2026 [2] - The company's sales service network has expanded to cover 292 cities, an increase of 88 cities year-on-year, with a total of 866 sales outlets [2]

Core Insights - Leap Motor (9863.HK) reported a net profit of 150 million yuan for Q3 2025, marking its continuous quarterly profitability [1] - The company delivered 173,852 new vehicles, leading the sales among new energy vehicle brands in China, representing a 101.8% increase compared to the same period in 2024 [1] - Revenue reached 19.45 billion yuan, a 97.3% year-on-year growth, with a gross margin of 14.5%, showing significant improvement [1] - Leap Motor's cash reserves stood at 33.92 billion yuan, maintaining positive operating and free cash flow [1] - Since March, Leap Motor has been the monthly sales champion among new energy vehicle brands in China for eight consecutive months, breaking sales records with over 60,000 units in September and over 70,000 units in October [1] - The founder and CEO, Zhu Jiangming, announced on November 15 that the company achieved its 2025 target of 500,000 vehicles sold 45 days ahead of schedule, with plans to target 1 million units in 2026 [1]

Core Insights - Leap Motor reported a significant increase in revenue and profitability for Q3 2025, achieving an operating income of 19.45 billion yuan, which represents a year-on-year growth of 97.3% and a quarter-on-quarter increase of 36.7% [2] - The company recorded a net profit attributable to shareholders of 150 million yuan, a turnaround from a loss of 690 million yuan in the same period of 2024 [2] - Cumulative net profit for the first three quarters reached 180 million yuan, indicating a structural shift from loss to profit [2] - Operating cash flow showed a substantial increase, with a net amount of 4.88 billion yuan, reflecting a year-on-year growth of 149% [2] - Free cash flow also demonstrated strong performance, amounting to 3.84 billion yuan [2]