Core Insights - Geely Automobile reported strong mid-year performance for 2025, with revenue of 150.28 billion yuan, a year-on-year increase of 26.5%, and a total sales volume of 1.409 million vehicles, up 47.4% year-on-year, achieving a core net profit of 6.66 billion yuan, a 102% increase year-on-year [1] Group 1: Financial Performance - In Q2 2025, Geely achieved revenue of 77.79 billion yuan, a year-on-year increase of 28.4% and a quarter-on-quarter increase of 7.3% [1] - Total sales in Q2 2025 reached 705,000 units, with significant growth in the Galaxy series, which saw a year-on-year increase of 249.8% [1] - The gross profit margin in Q2 2025 was 17.1%, a decrease of 0.7 percentage points year-on-year but an increase of 1.3 percentage points quarter-on-quarter [1] Group 2: Product Strategy and Innovation - Geely plans to launch 10 new energy models in 2025, including 5 new models and several updated versions under the Geely brand [2] - The company is focusing on smart technology, with new models expected to feature advanced driving assistance systems and the latest Nvidia Thor chip in flagship models [2] - The GEA architecture supports the new vehicle cycle, enhancing the performance of the Zeekr, Lynk & Co, and Galaxy brands [3] Group 3: Market Position and Outlook - Geely's market share reached 10.4% in the first half of 2025, marking a 2.4 percentage point increase year-on-year [1] - The company is expected to achieve a net profit of 16.1 billion yuan in 2025, with a price-to-earnings ratio of 11.3X, maintaining a "buy" rating [3] - The transition to electric vehicles is progressing well, with scale effects expected to enhance profitability [3]

Core Viewpoint - The company reported a strong performance in the first half of 2025, with a significant increase in revenue but a decline in net profit, indicating a mixed financial outlook for the year [1][2]. Group 1: Financial Performance - In the first half of 2025, the company achieved revenue of 150.3 billion yuan, a year-on-year increase of 27% [1] - The net profit attributable to shareholders was 9.29 billion yuan, a year-on-year decrease of 14% [1] - The core net profit attributable to shareholders reached 6.66 billion yuan, a year-on-year increase of 102% [1] - The company’s average selling price (ASP) per vehicle was 95,500 yuan, down 12.9% year-on-year, while the gross margin was 16.4%, a decline of 0.3 percentage points [2] - The company’s net profit per vehicle was 4,724 yuan, an increase of 37% year-on-year [2] Group 2: Sales and Market Performance - The company’s sales volume for the first half of 2025 reached 1.503 million units, with a target increase to 3 million units for the full year [1][2] - The sales of fuel vehicles grew to 684,000 units, while pure electric vehicle sales reached 511,000 units, a year-on-year increase of 173% [2] - The company’s export sales in the first half of 2025 were 184,000 units, a year-on-year decrease of 8% [1] Group 3: Product Development and Strategy - The company plans to enhance its product offerings by organizing into five major battle zones and customizing products by region [1] - The launch of multiple "9" series models aims to penetrate the high-end market, with the Lynk & Co 900 model showing promising sales [3] - The company’s upcoming models, including the Zeekr 9X and Galaxy M9, are expected to improve brand recognition in high-end intelligent driving solutions [3] Group 4: Profit Forecast and Investment Recommendations - The profit forecast for the company has been adjusted, with expected net profits of 15.96 billion yuan, 16.70 billion yuan, and 19.76 billion yuan for 2025, 2026, and 2027 respectively [4] - The company maintains a "recommended" rating despite the competitive challenges it faces in the market [4]

Group 1 - The core point of the article highlights that Geely Automobile's stock experienced a decline of 2.05%, trading at 20.02 HKD per share with a transaction volume of 6.22 billion HKD as of 11:12 AM on August 20 [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-year report in 2025, Geely Automobile reported total operating revenue of 150.285 billion RMB and a net profit of 9.29 billion RMB [2]

Core Insights - Geely Automobile Holdings Limited reported a record high revenue of 150.3 billion yuan for the first half of 2025, a year-on-year increase of 27% [2] - The company achieved a net profit attributable to shareholders of 9.29 billion yuan, with core net profit rising by 102% to 6.66 billion yuan after excluding foreign exchange losses and other non-core items [2] - Total cash levels increased to 58.8 billion yuan, indicating a strong financial position [2] Sales Performance - Geely's total sales reached 1.409 million units in the first half of 2025, a 47% year-on-year growth, surpassing the market average [2] - The market share exceeded 10% for the first time, with new energy vehicle (NEV) sales reaching 725,000 units, a 126% increase [3] - The annual sales target was raised from 2.71 million to 3 million units based on better-than-expected market performance [2][5] New Energy Growth - The NEV segment saw explosive growth, with a penetration rate of 51.5%, positioning Geely among the top brands in the NEV market [3] - The Galaxy series, now an independent brand, experienced a 232% increase in sales, totaling 548,000 units in the first half [3] - High-end luxury brands Zeekr and Lynk & Co also performed well, with Zeekr selling 90,740 units and Lynk & Co achieving 154,137 units in the same period [3] Technological Advancements - Geely has established a leading smart and electrification technology system, focusing on AI integration [4] - The company launched the "Smart Geely 2025" strategy, aiming to release the industry's first "smart car full-domain AI" technology system by 2025 [4] - The Starry AI Cloud Power 2.0 and advanced battery technologies enhance product competitiveness, with the new battery system passing 36 extreme safety tests [5] Future Outlook - Geely plans to launch five new NEV products in the second half of 2025, further enhancing its market presence [5] - The "One Geely" strategy aims to deepen synergies within the company, boosting its global competitiveness in the smart NEV sector [5]

据了解，该公司正通过拓展覆盖多城的销售、售后及配件网络，强化全链条服务能力。新开业的泗水店 包含车辆展示区、维修车间、试驾区和家庭儿童区，旨在为消费者提供更专业舒适的体验。 印尼汽车工业协会（GAIKINDO）最新数据显示，今年1月至7月，吉利汽车在印尼的批发销量达1508 辆，零售销量为999辆，跻身汽车品牌前20之列。 （文章来源：新华财经） 新华财经雅加达8月19日电 中国汽车品牌吉利汽车在印尼的第14家经销店——安巴拉泗水店16日在东爪 哇省泗水市开业，标志着该公司印尼区域销售业务版图加速扩展。 吉利汽车印尼销售与渠道发展总监康斯坦丁努斯表示，泗水店开业彰显了吉利汽车印尼拓展经销商网络 的决心，其目标是到2025年底完成40家经销商网点布局。 ...

Investment Rating - The investment rating for the company is "Buy" and is maintained [7]. Core Views - The company reported a strong performance in H1 2025, achieving revenue of 150.28 billion, a year-on-year increase of 26.5%, and a total sales volume of 1.409 million units, up 47.4% year-on-year. The core net profit attributable to shareholders reached 6.66 billion, reflecting a significant year-on-year growth of 102% [2][4]. Summary by Sections Financial Performance - In Q2 2025, the company achieved revenue of 77.79 billion, representing a year-on-year increase of 28.4% and a quarter-on-quarter increase of 7.3%. Total sales volume for Q2 was 705,000 units, with year-on-year growth of 46.9% [7]. - The company’s market share reached 10.4% in H1 2025, marking a 2.4 percentage point increase year-on-year [7]. - The gross profit margin for Q2 2025 was 17.1%, showing a year-on-year decrease of 0.7 percentage points but an increase of 1.3 percentage points quarter-on-quarter [7]. Brand and Product Strategy - The company is entering a new product era supported by the GEA architecture, with a successful transition to new energy vehicles across its brands, including Galaxy, Lynk & Co, and Zeekr [2][7]. - In 2025, the company plans to launch 10 new energy models, with significant new releases from its various brands throughout the year [7]. Market Position and Outlook - The company is expected to maintain strong profitability due to scale effects and a solid foundation in fuel vehicles, alongside innovative overseas expansion strategies [2][7]. - The forecast for the company's net profit attributable to shareholders for 2025 is 16.1 billion, with a corresponding price-to-earnings ratio of 11.3X [7].

Group 1 - The core viewpoint of the article highlights the performance and growth plans of Geely Automobile, with a focus on its stock price increase and production capacity [1] - As of mid-2025, Geely Automobile reported total revenue of 150.285 billion yuan and a net profit of 9.29 billion yuan [2] - Haitong International maintains a "buy" rating for Geely, with a target price adjusted to 27.45 HKD [3] Group 2 - Geely Automobile specializes in the research, manufacturing, and sales of passenger vehicles, operating 10 production bases and employing over 60,000 staff [1] - The company serves its brands including Geely, Zeekr, and the joint venture brand Lynk & Co, with a sales network covering China and 70 overseas countries [1] - Geely's total annual production capacity is set to reach 2 million vehicles by 2023, with plans to increase annual sales targets to 3.65 million vehicles by 2025 [1]

Core Viewpoint - Geely Automobile (00175) announced the issuance of a total of 72,500 ordinary shares due to employees exercising stock options under a plan adopted on April 28, 2023, and an additional 3,000 ordinary shares due to related entity participants exercising stock options under the same plan [1] Summary by Category - **Share Issuance** - A total of 72,500 ordinary shares will be issued as a result of employees exercising stock options [1] - An additional 3,000 ordinary shares will be issued due to related entity participants exercising stock options [1] - **Stock Option Plan** - The stock option plan was adopted on April 28, 2023 [1] - The plan allows for the issuance of shares based on the exercise of stock options by employees and related entities [1]

智通财经APP讯，吉利汽车(00175)发布公告，于2025年8月19日因集团雇员根据认股权计划(于2023年4 月28日获采纳)行使认股权而发行的普通股股份合计7.25万股;及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)行使认股权而发行的普通股股份3000股。 ...

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19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 ...