Financial Performance - Company reported a significant increase in revenue and net profit for the first three quarters, with revenue reaching 29.508 billion yuan, a year-on-year growth of 17.21%, and net profit of 2.533 billion yuan, up 514.35% from 0.412 billion yuan in the same period last year [1][3] - The substantial profit growth was primarily driven by the fair value changes from the investment in Chery Automobile, which went public in Hong Kong [1][4] - In Q3 alone, the net profit surged to 2.167 billion yuan, reflecting a staggering year-on-year increase of 1434.42% [3] Product Development and Partnerships - Company is set to supply lithium iron phosphate batteries for Volkswagen's new vehicle "Zhong 07," expected to launch next year [2] - Company has been a core battery supplier for Chery's new energy vehicles, with approximately 120,000 units supplied from January to August 2025 [4] Market Position and Growth - The cumulative installed capacity of the company's batteries reached 26.27 GWh from January to September 2025, marking an 84.7% increase year-on-year, surpassing the industry average [5] - Globally, the company ranked seventh in installed capacity with 25.1 GWh, a 71.8% increase, capturing a market share of 3.6% [6] Capacity Expansion - Company is accelerating global capacity expansion, with construction projects amounting to 21.04 billion yuan in the first three quarters, a 42.16% increase from the beginning of the year [7] - A new 20 GWh lithium-ion battery manufacturing base is being established in Nanjing with a total investment of 4 billion yuan [7] - Plans for a 20 GWh battery production base in Wuhu, Anhui, with an investment not exceeding 4 billion yuan are also underway [8] Sustainability Initiatives - Company is investing in a zero-carbon anode material project in Inner Mongolia, which includes a wind-solar-storage integrated project capable of generating 1.7 billion kWh annually, supporting the production of 400,000 tons of anode materials [8]

Core Insights - Chery's global innovation conference showcased its advancements in technology and its growing presence in international markets, particularly in South Africa [2][3] Group 1: Chery's Market Position - Chery ranks eighth in sales in the South African market, outperforming many established European brands [2] - The company has received positive feedback regarding its sales and after-sales service, with no negative reports reported [2] - Chery's sub-brands, such as JAECOO and Jetour, have also found success in South Africa [2] Group 2: Technological Innovations - The conference highlighted significant technological breakthroughs, including a hybrid powertrain with a 1.5-liter engine and advanced engine mechanisms [3] - Chery's innovations are anticipated to enhance its offerings in the South African market [3] Group 3: Market Trends and Consumer Preferences - The South African market still heavily relies on gasoline and diesel, with electric vehicle adoption facing infrastructure challenges [3][4] - Hybrid vehicles are gaining popularity due to their low fuel consumption and ability to travel long distances without range anxiety [4] - The current charging infrastructure in South Africa is limited, with high costs for public charging stations, making hybrid and range-extended vehicles more appealing [5]

Core Viewpoint - Chery Automobile has achieved a breakthrough in solid-state battery technology, which is expected to significantly enhance the range of electric vehicles to 1200-1300 kilometers [1] Group 1: Company Developments - Chery announced the successful development of a complete solid-state battery technology chain and showcased the Rhino S solid-state battery module at the 2025 Chery Global Innovation Conference [1] - The Rhino S solid-state battery is set to undergo its first vehicle installation verification by 2027, laying the groundwork for mass production [1] Group 2: Market Performance - Chery's stock rose over 4% in the afternoon trading session, with a current price of 32.14 HKD and a trading volume of 111 million HKD [1] - On October 22, the overall coordinator partially exercised the over-allotment option, involving a total of 41.3759 million shares, approximately 13.91% of the total offering, at a price of 30.75 HKD per share, generating a net additional income of 1.249 billion HKD [1] - The stabilization period for the global offering ended on the same day, during which the stabilization agent, China International Capital Corporation, purchased a total of 3.2336 million shares at prices ranging from 30.42 to 30.74 HKD per share [1]

Core Viewpoint - Chery Automobile has achieved a breakthrough in solid-state battery technology, which is expected to significantly enhance the range of electric vehicles to 1200-1300 kilometers [1] Group 1: Company Developments - Chery announced the successful development of a complete solid-state battery technology chain and showcased the Rhino S solid-state battery module at the 2025 Chery Global Innovation Conference [1] - The Rhino S solid-state battery is set to complete its first vehicle installation verification by 2027, laying the groundwork for mass production and performance testing [1] Group 2: Financial Activities - On October 22, Chery's overall coordinator partially exercised the over-allotment option, involving a total of 41.3759 million shares, approximately 13.91% of the total offering [1] - Each share was priced at 30.75 HKD, resulting in additional net proceeds of 1.249 billion HKD [1] - The stabilization period for the global offering ended on the same day, during which the stabilization agent, China International Capital Corporation, purchased a total of 3.2336 million shares at prices ranging from 30.42 to 30.74 HKD per share [1]

Core Viewpoint - Chery Automobile (09973.HK) announced the partial exercise of the over-allotment option, involving a total of 41,375,900 H-shares, which represents approximately 13.91% of the total shares available for subscription before the exercise of any over-allotment options [1] Summary by Sections Over-allotment Option - The overall coordinator has partially exercised the over-allotment option as of October 22, 2025, involving 41,375,900 H-shares [1] - The over-allotment shares will be issued at a price of HKD 30.75 per H-share, which is the same as the global offering price [1] Financial Impact - The company expects to receive additional net proceeds of approximately HKD 1.25 billion from the issuance of the over-allotment shares [1] Regulatory Compliance - The company announced that the stabilization period for the global offering has ended as of October 22, 2025, in accordance with the Securities and Futures (Stabilizing Prices) Rules [1]

奇瑞汽车(09973)发布公告，整体协调人(为彼等本身及代表国际包销商)已于2025年10月22 日(星期三)部 分行使招股章程所述的超额配股权，涉及合共4137.59万股H股，占于任何超额配股权获行使前全球发售 项下初步可供认购发售股份总数约13.91%。超额配发股份将由公司按每股H股30.75港元(即全球发售项 下每股H股的发售价，不包括1.0%经纪佣金、0.0027%证监会交易征费、0.00015%会财局交易征费及 0.00565%联交所交易费)发行及配发。 有关全球发售的稳定价格期已于2025年10月22日(星期三)(即提交香港公开发售申请的截止日期后第30 日)结束。 ...

香港交易及結算所有限公司、香港聯合交易所有限公司（「聯交所」）及香港中央結算有限公司對 本公告的內容概不負責，對其準確性或完整性亦不發表聲明，並明確表示概不就因本公告全部 或任何部分內容而產生或因依賴該等內容而引致的任何損失承擔任何責任。 除非本公告另有界定，否則本公告所用詞彙與奇瑞汽車股份有限公司（「本公司」）日期為2025年 9月17日的招股章程（「招股章程」）所界定者具有相同涵義。 本公告乃根據香港法例第571W章證券及期貨（穩定價格）規則第9(2)條刊發。本公告僅作說明 用途，並不構成收購、購買或認購證券的邀請或要約。有關發售股份的任何投資決定應僅根據 招股章程中的資料作出。 本公告不得直接或間接於或向美國（包括其領土及屬地、美國任何州以及哥倫比亞特區）發佈、 刊發或派發。本公告並不亦無意構成或組成在美國境內或於任何其他司法管轄區購買或認購證 券任何要約或招攬的一部分。本公告所述證券並無亦不會根據《1933年美國證券法》（經不時修 訂）（「美國證券法」）或美國任何州或其他司法管轄區的證券法登記。證券不得於美國境內提呈 發售、出售、質押或以其他方式轉讓，惟獲豁免遵守美國證券法登記規定及符合任何適用的州 ...

Core Viewpoint - Chery Automobile (09973.HK) announced that its board of directors will hold a meeting on October 31, 2025, to review and approve the quarterly performance for the nine months ending September 30, 2025 [1] Group 1 - The board meeting is scheduled for October 31, 2025 [1] - The meeting will include the review and approval of the company's quarterly performance [1] - The performance period under review is for the nine months ending September 30, 2025 [1]

董事會會議日期 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，並明確表示概不就因本公告全部或任何部分內容而產生或因依賴 該等內容而引致的任何損失承擔任何責任。 Chery Automobile Co., Ltd. 奇瑞汽車股份有限公司 （於中華人民共和國註冊成立的股份有限公司） （股份代號：9973） 尹同躍先生 董事長 香港，2025年10月21日 奇瑞汽車股份有限公司（「本公司」）董事（「董事」）會（「董事會」）謹此宣佈將於 2025年10月31日（星期五）舉行董事會會議，以（其中包括）審閱及批准本公司及 其附屬公司截至2025年9月30日止九個月的季度業績。 承董事會命 奇瑞汽車股份有限公司 於本公告日期，董事會包括執行董事尹同躍先生及張國忠先生；非執行董事王來 春女士、李晶女士、王津華先生、王孝偉先生、鮑思語先生、尹祥領先生及胡敬 源先生；獨立非執行董事商文江先生、楊棉之先生、葉盛基先生、路風先生、楊 善林先生及黎汝雄先生。 ...

Core Insights - Chery Automobile is focusing on sustainable global expansion while addressing challenges faced by Chinese brands in international markets [2][3] - The company aims to establish a new image of "safety, reliability, and high-end" for Chinese automobiles through a global innovation system [2] - Chery's overseas sales are projected to reach 1.1446 million units in 2024, marking a 21.4% year-on-year increase [3] Group 1 - Chery Automobile has sold over 13 million passenger vehicles globally, covering more than 100 countries and regions [3] - The company emphasizes the importance of a truly global innovation system to support technology, standards, quality safety, and user experience [2] - Chery's overseas market revenue is approaching half of its total revenue, with future contributions expected to exceed domestic revenue [3] Group 2 - Chery Group's export volume reached 137,624 vehicles in September 2025, reflecting a 26.2% year-on-year growth [3] - The cumulative export volume from January to September 2025 was 936,428 vehicles, showing a 12.9% increase [3] - The company is committed to enhancing its governance and operational standards to align with global top 500 enterprises [3]