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]

Core Insights - Chery Automobile held its 2025 Global Innovation Conference in Wuhu, Anhui, marking its first major event post-IPO and showcasing its commitment to innovation and global expansion [1][3] Group 1: Innovation and Technology - The conference highlighted Chery's advancements in electrification, connectivity, intelligence, and sharing, including the debut of its humanoid robot "Mo Yin" and a self-developed all-solid-state battery module with an energy density of 600Wh/kg [3] - Chery's Chairman, Yin Tongyue, emphasized the importance of quality over quantity, stating that "quality is more important than sales, and innovation is more important than profit" [3][5] - Chery has established a global innovation ecosystem focusing on technology, culture, and management innovation, aiming to enhance product quality and operational management [5][6] Group 2: Global Expansion and Market Strategy - Chery is adapting to global markets, recognizing challenges such as brand localization and quality issues that can harm the overall image of Chinese brands [5][6] - The company aims to increase its overseas revenue, which is already approaching half of its total, and plans to establish 26 overseas R&D centers to enhance local market competitiveness [6][10] - Chery's global innovation strategy includes a focus on sustainable development and compliance with local regulations, ensuring that the company can meet diverse market demands [5][10] Group 3: Research and Development - Chery operates over 300 "Yao Guang" laboratories, tackling more than 500 significant projects across five core technology areas, including electric and intelligent vehicles [7][9] - The company has initiated collaborations with over 100 top global universities to drive original innovation and has identified over 4,000 cutting-edge topics through its "Kailiang" laboratory [9][10] - Chery's R&D efforts are supported by a team of 30,000 internal researchers and over 50,000 external experts, ensuring continuous innovation and patent generation [10]

Core Viewpoint - Chery Automobile aims to establish a global innovation system to drive its transformation into a high-tech ecological group that is trusted and loved by users worldwide, enhancing the image of Chinese automotive brands in the global market [1][2]. Group 1: Global Challenges and Sustainable Development - Chery's chairman, Yin Tongyue, highlighted the increasing presence of Chinese cars, especially electric vehicles, in international markets, while acknowledging the challenges faced by some companies, such as quality issues and localization problems [2]. - The company emphasizes that globalization should focus on sustainable development rather than just scale and speed, aiming to create a new image of "safe, reliable, and high-end" Chinese automobiles [2]. Group 2: Three Innovation Systems - Chery has developed a global innovation ecosystem consisting of three core systems: technological innovation, cultural innovation, and management innovation, which work together to support its transformation [3]. - The technological innovation system is central to Chery's strategy, leveraging its market presence in over 120 countries to conduct global technology scanning and local development [3][4]. Group 3: Technological Advancements - Chery operates over 300 "Yaoguang Laboratories" focusing on significant technological challenges and collaborates with more than 100 top global universities through its "Kaiyang Laboratory" cluster [4]. - The company has established a comprehensive safety database and has developed over 100 safety standards, with 54 models achieving a five-star safety rating globally, showcasing its commitment to safety [4]. Group 4: Cultural and Management Innovation - Chery fosters a culture that encourages innovation and tolerates failure, providing support for global talent through flexible cooperation mechanisms [5]. - The management innovation system focuses on enhancing global operational capabilities, prioritizing quality over sales and innovation over profit, reflecting a deep-rooted awareness of quality and brand importance [5][6]. Group 5: Global Market Strategy - Chery is on a path to globalize its capital market operations, with nearly half of its revenue coming from overseas markets, and aims to enhance its governance and operational standards to align with global top companies [6]. - The company invites global innovators and experts to collaborate in its "Kaiyang Laboratory" and innovation alliance, aiming for mutual growth and success [6].

Core Viewpoint - Chery Automobile has launched its "New Fuel Strategy" with the introduction of the new models, Tiggo 9X and Tiggo 9, emphasizing advancements in technology, intelligence, safety, and a new framework for fuel vehicles [1] Group 1: New Fuel Strategy - The "New Fuel Strategy" is described as a technological declaration and a reflection of China's automotive evolution from learning to leading [1] - Chery aims to redefine the value benchmark for fuel vehicles through its four new standards: new technology, new intelligence, new safety, and new framework [1] Group 2: Technological Advancements - Chery is the first domestic brand to achieve full-stack self-research and manufacturing of the "three major components" [1] - The Falcon intelligent driving assistance system is now integrated into fuel vehicles, enhancing smoothness and fuel efficiency while featuring an intelligent cockpit for improved interaction [1] Group 3: Safety Investments - Chery has invested over 100 billion yuan in developing the Rock Solid body and 360° surround airbags to ensure user safety [1] Group 4: Sales Performance - In the first three quarters of this year, Chery Group achieved cumulative sales of 2.008 million vehicles, solidifying its position in the industry [1] - The sales of Chery's new energy segment reached 91,600 units in September, marking a year-on-year increase of 55.4% [1]

Core Viewpoint - Chery Automobile is set to list on the Hong Kong Stock Exchange on September 25, 2025, marking a significant milestone in its global expansion and technological transformation strategy, which will have a profound impact on the automotive industry landscape [1][11]. Group 1: Company Overview - Founded in 1997, Chery Automobile has evolved into a global passenger vehicle enterprise, with a complete industrial system in engine, transmission, and chassis manufacturing [2]. - Chery has sold over 13 million vehicles globally and has been the top exporter of Chinese passenger vehicles for 22 consecutive years since 2003, showcasing its strong competitiveness and brand influence in international markets [2][3]. Group 2: Financial Performance - Chery's global sales reached 2.295 million units in 2024, with a year-on-year growth of 49.4%, making it the only company among the top 20 global passenger vehicle manufacturers to achieve over 25% growth in both new energy and fuel vehicle sales [3][4]. - The company reported revenues of RMB 926.18 billion in 2022, RMB 1,632.05 billion in 2023, and projected RMB 2,698.97 billion in 2024, with a compound annual growth rate of 70.7% [4][5]. Group 3: Technological Advancements - Chery has established a comprehensive technology system focusing on key areas such as engine, transmission, electric drive, and battery safety systems, with significant investments in R&D [6][7]. - The company has increased its R&D expenditure from RMB 3.646 billion in 2022 to RMB 9.243 billion in 2024, reflecting a compound annual growth rate of 59.2% [6]. Group 4: Global Market Strategy - Chery has achieved significant sales growth in overseas markets, ranking first among Chinese brands in Europe, South America, and the Middle East, and second in North America and Asia (excluding China) [4][10]. - The company has established eight R&D centers globally and is actively localizing production to enhance competitiveness and meet local market demands [7][10]. Group 5: IPO Impact - Chery's IPO is the largest for an automotive company in recent years, raising over $1 billion, which will be used to enhance R&D, expand product offerings, and strengthen its global market presence [11]. - The successful listing is expected to attract significant capital into the Hong Kong automotive sector, boosting market activity and investor confidence [11][12].

Group 1 - The Hong Kong automotive stocks experienced significant gains, with GAC Group leading with an increase of over 13%, followed by Geely Auto with over 4% [1] - The China Automobile Industry Association reported that the automotive production and sales in the first nine months of the year both exceeded a year-on-year growth rate of 10% [1] - The market outlook for the automotive sector is optimistic, with expectations for upward revisions in growth forecasts for 2025 due to ongoing supportive policies and high export growth [1] Group 2 - JD.com announced a collaboration with GAC Group and CATL to launch a new automotive product, which is expected to enhance market interest [1] - The new vehicle will undergo internal testing and public test drives starting at the end of October, with an official launch scheduled for November 9 [2]

Group 1 - The Hong Kong automotive stocks experienced significant gains, with GAC Group leading with an increase of over 13%, followed by Geely Auto with over 4% and several other companies also showing positive growth [1][1][1] - JD.com announced a collaboration with GAC Group and CATL to launch a new car product, with test drives scheduled for late October and an official release on November 9 [1][1][1] - The China Association of Automobile Manufacturers reported that the automotive market continued its positive trend in Q3, with production and sales growth exceeding 10% year-on-year for the first nine months [1][1][1] Group 2 - Cui Dongshu indicated that the Passenger Car Association raised its annual market forecast in August and will further adjust predictions after discussions in late October, expecting upward revisions for 2025 growth forecasts [1][1][1] - The government's policy measures, including trade-in programs and subsidies for rural areas, along with high export growth, are expected to further boost the annual forecast [1][1][1]