[Music] Welcome to the Green Stock News Brief for Monday, November 3rd. Here are today's top headlines. Lee Auto delivered 32,000 vehicles in October, bringing its total deliveries to 1,460,000 and continues to see strong demand for the Lei 6 with over 70,000 orders.The company is accelerating global expansion with new stores opening while operating over 550 retail locations and 3,500 supercharging stations across China. Xpang delivered a record 42,000 smart EVs in October, marking a 76% year-over-year incr ...

Core Insights - Zeekr Group reported a total of 61,636 vehicle deliveries in October 2025, marking a year-over-year increase of 9.8% and a month-over-month increase of 20.5% [2] - The Zeekr brand delivered 21,423 vehicles, while Lynk & Co delivered 40,213 vehicles, supported by over 2.15 million cumulative users [2] Company Overview - Zeekr Group, headquartered in Zhejiang, China, is a leading premium new energy vehicle group under Geely Holding Group, focusing on creating a fully integrated user ecosystem [3] - The company is developing its own software systems, e-powertrain, and electric vehicle supply chain, emphasizing values of equality, diversity, and sustainability [3]

Market Performance Summary - Sinopec Oilfield Service (01033) rose over 12% as the company continues to advance its overseas strategy, with new contract signings increasing by over 70% in the first half of the year [1] - China Hongqiao Group (00931) fell over 13% after a significant 55% surge the previous day, with ongoing discussions regarding potential investments [1] - BYD Electronic (00285) increased over 4% as the company is set to supply power components for NVIDIA's new 800VDC AI server architecture [1] - Horizon Robotics-W (09660) rose over 6% as its HSD technology was first adopted by the ET5 model, with multiple automakers already confirming orders [1] - Bilibili-W (09626) increased over 10% due to strong performance of new games, indicating a gradual release of its commercial value [1] - CRRC Corporation (01766) rose nearly 4% ahead of its third-quarter earnings report, with expectations for continued growth in new train procurement and maintenance [1] - Genscript Biotech (01952) rose over 5% as its EVM14 treatment for squamous cell carcinoma addresses critical clinical needs, leading in clinical development progress [1] - Bosideng (03998) increased nearly 6% following the appointment of renowned British designer Kim Jones as the creative director for its new AREAL high-end urban line [1] - Derin Holdings (01709) fell over 11% after announcing a discounted placement of shares to raise funds for expanding Bitcoin mining operations [1] US Market Highlights - TSMC (TSM.US) rose 0.89% as the first NVIDIA Blackwell wafers were recently produced in the US [3] - Pony.ai (PONY.US) increased 1.76% after partnering with Stellantis for autonomous vehicle solutions [3] - WeRide (WRD.US) rose 2.67% after successfully passing the Hong Kong Stock Exchange hearing, positioning itself to become the first "Robotaxi" stock in Hong Kong [3] - Zeekr (ZK.US) increased 4.48% as pre-sales for the refreshed Zeekr 7X officially began, offering significant pre-sale benefits [3] - iQIYI (IQ.US) rose 8.37% as Morgan Stanley upgraded its target price, citing the long-term growth potential of the domestic IP merchandise market [3] - Taoping (TAOP.US) increased 4.27% after announcing a non-binding letter of intent to acquire 100% of Alphalion Holding Limited [3] - Micron Technology (MU.US) rose 2.17% as several major firms raised their target prices for the company [4] - U.S. Antimony Corporation (UAMY.US) surged 20.02% following its proposal to acquire Larvotto Resources to enhance its critical mineral asset portfolio [4] - Apple (AAPL.US) rose 3.94% as a report indicated strong early sales of the iPhone 17 series in China and the U.S. [4] - Moderna (MRNA.US) increased 4.73% after presenting positive data on its mRNA vaccine pipeline at the IDWeek 2025 conference [4]

Core Viewpoint - Zeekr (ZK.US) shares rose over 4% to $29.74 following the announcement of the pre-sale of its new model, Zeekr 7X, which is set to launch on October 28 [1] Company Summary - Zeekr officially announced the pre-sale of its new electric mid-size SUV, Zeekr 7X, on October 20 [1] - The Zeekr 7X is the fourth mass-produced model from the brand, following Zeekr 001 and Zeekr 009 [1] - The new vehicle will continue to utilize the SEA architecture and will feature upgrades in range, smart cockpit, and driving assistance, with specific parameters to be released later [1]

Core Viewpoint - Zeekr (ZK.US) shares rose over 4% to $29.74 following the announcement of the pre-sale of its new model, Zeekr 7X, which is set to launch on October 28 [1] Company Summary - Zeekr has officially announced the pre-sale of its new electric mid-size SUV, Zeekr 7X, on October 20 [1] - The Zeekr 7X is the fourth mass-produced model from the brand, following Zeekr 001 and Zeekr 009 [1] - The new vehicle will continue to utilize the SEA architecture and will feature upgrades in range, intelligent cockpit, and driving assistance [1]

Core Viewpoint - Zeekr (ZK.US) has seen a pre-market increase of 2.14% to $29.17, driven by the announcement of the pre-sale for the updated Zeekr 7X SUV, which offers significant pre-sale benefits [1] Group 1: Product Launch - The updated Zeekr 7X is officially available for pre-sale, with a promotional offer of 2,000 yuan off a purchase of 7,000 yuan [1] - The official launch date for the updated Zeekr 7X is set for October 28 [1] - The updated model will continue to offer three versions: a rear-wheel drive Max version with a 75 kWh battery, a rear-wheel drive Max version with a 103 kWh battery, and an all-wheel drive Ultra version with a 103 kWh battery [1] Group 2: Stock Performance - The closing price on October 17 was $28.56, with a pre-market price of $29.17 reflecting a gain of $0.61 [1] - The stock has a total market capitalization of $7.316 billion and a total share count of 256 million [1] - The stock's 52-week high is $33.319, while the 52-week low is $17.910 [1]

Core Viewpoint - Zeekr Group, a leading premium new energy vehicle manufacturer, is set to release its unaudited financial results for Q3 2025 on November 17, 2025, before U.S. market opening [1]. Company Overview - Zeekr Group is headquartered in Zhejiang, China, and is part of Geely Holding Group, focusing on premium new energy vehicles with brands Lynk & Co and Zeekr [2]. - The company aims to create a fully integrated user ecosystem, emphasizing innovation, equality, diversity, and sustainability [2]. - Zeekr Group is developing its own software systems, e-powertrain, and electric vehicle supply chain to position itself as a global new energy mobility solution provider [2].

Core Insights - Zeekr Group reported a total delivery of 51,159 vehicles in September 2025, marking an 8.5% increase year-over-year and a 14.1% increase month-over-month [2] - The Zeekr brand delivered 18,257 vehicles, while Lynk & Co delivered 32,902 vehicles, supported by over 2.1 million cumulative users [2] Product Launches - Lynk & Co launched its first mid-to-large hybrid sedan, the Lynk & Co 10 EM-P, featuring advanced technologies such as smart electric AWD, centimeter-level LiDAR, and the NVIDIA Thor chip for intelligent driving [3] - Zeekr introduced its flagship luxury SUV, the Zeekr 9X, built on the SEA-S architecture, featuring the SEA super hybrid system and G-Pilot intelligent driving assistance, along with premium amenities for a luxury experience [4] Company Overview - Zeekr Group, headquartered in Zhejiang, China, is a leading premium new energy vehicle group under Geely Holding Group, focusing on creating a fully integrated user ecosystem and developing its own software systems and electric vehicle supply chain [5]

Group 1 - The core point of the news is that China and the United States have reached a basic framework consensus to properly resolve the TikTok issue, reduce investment barriers, and promote economic cooperation [3] - The meeting took place in Madrid, Spain, on September 14-15, where both sides engaged in constructive communication regarding economic issues of mutual concern [3] - China opposes the politicization of technology and economic issues and emphasizes the protection of national interests and the legitimate rights of Chinese enterprises [3] Group 2 - The "2025 China Top 500 Enterprises" list was released, with the entry threshold raised to 47.96 billion yuan, an increase of 5.79 billion yuan from the previous year [4] - There are 267 companies with revenues exceeding 100 billion yuan, accounting for 53.4% of the list, and the total revenue of the top 500 enterprises reached 110.15 trillion yuan [4] - The average R&D intensity of the listed companies has increased for eight consecutive years, reaching a new high of 1.95% [4] Group 3 - Xiaomi's new series, the Xiaomi 17, is set to launch and aims to directly compete with the iPhone, featuring a significant upgrade in product capabilities [11] - The series will include three models: Xiaomi 17, Xiaomi 17 Pro, and Xiaomi 17 Pro Max, and will be the first to feature the fifth-generation Snapdragon 8 platform [11] Group 4 - OPPO has announced that it will take legal action against entities spreading false information about the company, emphasizing a zero-tolerance policy towards such actions [14][15] - The company aims to protect its reputation and will pursue all legal avenues to hold responsible parties accountable [15] Group 5 - The AI sector is seeing significant developments, with the launch of the "2025 Artificial Intelligence+" list to recognize leading companies and applications in the AI field [18] - The framework for AI safety governance has been updated to address evolving risks and improve preventive measures [17]

Group 1 - The core point of the news is that Zeekr Technology Holdings Limited has received overwhelming shareholder approval for its merger agreement with Geely Automobile Holdings Limited, marking a significant step in the "One Geely" strategy [1] - The merger agreement was approved with 94.2% of the votes, indicating strong shareholder confidence in the long-term value creation post-merger [1] - Following the merger, Zeekr Technology will become a wholly-owned subsidiary of Geely Automobile and will no longer be listed on the New York Stock Exchange [1] Group 2 - Geely Automobile aims to leverage Zeekr's high-performance, intelligent, and global advantages to enhance its capabilities across technology, products, supply chain, manufacturing, marketing, and international resources [2] - The merger will enable Geely to cover mainstream, mid-to-high-end, and luxury segments, establishing a diverse power system that includes fuel, pure electric, plug-in hybrid, and alcohol-hydrogen electric vehicles [2] - The approval of the merger is seen as a crucial step towards the comprehensive return of the "One Geely" strategy, which aims to build cost advantages, enhance brand competitiveness, and strengthen global market influence [2]