智通财经APP获悉，瑞银发布研报称，吉利汽车(00175)目前估值处于合理水平(相当预测明年市盈率 11.4倍)，目标价由15港元升至20港元，同时上调2025至2027年销量预测13%至18%，至310万至340万 辆。市场对吉利汽车普遍持乐观态度，因在庞大基数下，集团上半年销量仍实现47%的同比增长，加上 产品周期更新。 ...

（原标题：因认股权获行使 吉利汽车(00175)发行8.2万股） 智通财经APP讯，吉利汽车(00175)发布公告，于2025年8月27日因集团雇员根据认股权计划(于2023年4 月28日获采纳)行使认股权而发行8.2万股普通股股份。 ...

吉利汽车(00175)发布公告，于2025年8月27日因集团雇员根据认股权计划(于2023年4月28日获采纳)行使 认股权而发行8.2万股普通股股份。 ...

呈交日期： 2025年8月27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 。 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) 表格類別： 股票 狀態： 新提交 公司名稱： 吉利汽車控股有限公司 | 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 | ...

瑞银发表报告指，市场对吉利汽车普遍持乐观态度，因在庞大基数下，集团上半年销量仍实现47%的按 年增长，加上产品周期更新。该行指集团目前估值处于合理水平(相当预测明年市盈率11.4倍)，维持"中 性"评级，目标价由15港元上调至20港元，同时上调2025至2027年销量预测13%至18%，至310万至340 万辆。 ...

Core Viewpoint - Geely Automobile has demonstrated strong performance in the first half of 2025, with significant revenue growth and a notable increase in core net profit, despite challenges in net profit due to foreign exchange losses and other factors [1][2]. Financial Performance - Total revenue for the first half of 2025 reached 150.28 billion RMB, a year-on-year increase of 26.5%, marking a historical high [1]. - Net profit attributable to shareholders was 9.29 billion RMB, down 13.9% year-on-year; however, core net profit, excluding foreign exchange gains and other one-time items, was 6.66 billion RMB, up 102% year-on-year [1]. - In Q2 alone, the company achieved revenue of 77.79 billion RMB, with year-on-year and quarter-on-quarter increases of 28.4% and 7.3%, respectively [1]. - The overall gross margin slightly decreased by 0.3 percentage points to 16.4%, attributed to the increased sales of economical new energy vehicles and intensified industry price competition [1][2]. Cost Management - Selling and administrative expense ratios decreased by 1.0 and 0.7 percentage points to 5.6% and 1.9%, respectively, indicating effective scale effects and channel integration [2]. - R&D investment decreased by 8.6% to 8.35 billion RMB, primarily focused on new energy and intelligent technology, with an R&D expense ratio down by 1.1 percentage points to 6.6% [2]. - Despite a decrease in average selling price by 14,000 RMB to 96,000 RMB, the core net profit per vehicle increased by 37% to 4,724 RMB [2]. Sales Performance - Total sales volume reached 1.409 million vehicles, a year-on-year increase of 47.4%, significantly outpacing the domestic passenger vehicle industry's growth of 13% [2]. - New energy vehicle sales surged to 725,000 units, up 126.5%, accounting for 51.5% of total sales [2]. - The company has raised its sales target for the year to 3 million vehicles, increasing the growth rate forecast from 25% to 38% [2]. International Expansion - The company exported 184,000 vehicles, a decrease of 7.7% year-on-year, primarily due to challenges in the Eastern European market; however, new energy vehicle exports increased by 146% to 40,000 units [3]. - Geely has established five overseas regions to accelerate its international strategy, focusing on organizational structure, resource allocation, after-sales service, and product planning [3]. Strategic Moves - Geely announced plans to privatize Zeekr (ZK.N), making it a wholly-owned subsidiary, which is part of its strategy to streamline operations and enhance synergies among its brands [3][4]. - The company plans to launch 10 new models in 2025, with positive market feedback for recently launched models indicating strong potential for future sales [4]. Investment Outlook - Based on the latest financial data and projections, the company has adjusted its EPS estimates for 2025, 2026, and 2027 to 1.537, 1.852, and 2.320 RMB, respectively [5]. - The target price has been adjusted to 24.3 HKD, corresponding to projected P/E ratios of 14.4, 12, and 9.6 for 2025, 2026, and 2027 [5].

Core Viewpoint - Geely Automobile announced that the Lynk & Co 10 EM-P, equipped with the Shendun Jinban battery, successfully passed the industry's first "pack + vehicle" live six extreme tests conducted by the China Automotive Center, demonstrating the battery's safety and reliability [1] Group 1: Battery Testing - The Shendun Jinban battery underwent six rigorous tests, including "dynamic corrosion immersion with load," "high-temperature charge and discharge of the pack," "continuous scraping of the vehicle," "water scraping of the vehicle," "bumpy water crossing of the vehicle," and "external fire burning with load" [1] - Throughout the testing process, the battery remained in a discharge state, and the results indicated that the battery did not catch fire or explode, successfully passing all tests [1] Group 2: Product Range - The Shendun Jinban battery currently includes products such as super fast charging, high energy density, and super hybrid series, covering both pure electric and hybrid platforms [1] - The battery has been widely adopted in various models under the brands Zeekr, Lynk & Co, and Geely Galaxy [1]

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) 表格類別： 股票 狀態： 新提交 公司名稱： 吉利汽車控股有限公司 呈交日期： 2025年8月26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 | ...

Group 1 - The core point of the article highlights that Geely Automobile's stock experienced a decline of 2.05% on August 25, trading at HKD 19.57 per share with a transaction volume of HKD 1.363 billion [1] - Geely Automobile Holdings Limited focuses on the research, manufacturing, and sales of passenger vehicles, operating 10 production bases and employing over 60,000 staff, serving brands including Geely, Zeekr, and the joint venture Lynk & Co, with a sales network covering China and 70 overseas countries [1] - The company aims to increase its annual sales target to 3.65 million vehicles by 2025, with a total annual production capacity of 2 million vehicles achieved in 2023 [1] Group 2 - As of the mid-2025 financial report, Geely Automobile reported total operating revenue of CNY 150.285 billion and a net profit of CNY 9.29 billion [2] - On August 24, Dongfang Securities maintained a "Buy" rating for Geely Automobile, setting a target price of HKD 24.65 [3]

吉利汽车(00175)发布公告，于2025年8月25日因本集团的雇员根据认股权计划(于2023年4月28日获采纳) 行使认股权而发行的15.75万股普通股股份。 于2025年8月25日因关连实体参与者根据认股权计划(于2023年4月28日获采纳)行使认股权而发行1万股 普通股股份。 ...