Vehicle Deliveries and Sales - Total vehicle deliveries reached 140,195 units in Q3 2025, a 12.5% year-over-year increase and a 7.1% quarter-over-quarter increase[3] - Vehicle sales amounted to RMB26,527 million (US$3,726 million) in Q3 2025, reflecting a 7.3% increase from Q3 2024 and a 15.8% increase from Q2 2025[7] - The Zeekr brand delivered 21,423 vehicles in October 2025, contributing to a total of 61,636 vehicles delivered across both brands, a 20.5% increase from the previous month[12] Financial Performance - Total revenues were RMB31,562 million (US$4,434 million) for Q3 2025, representing a 9.1% increase year-over-year and a 15.1% increase quarter-over-quarter[9] - Gross profit for Q3 2025 was RMB6,046 million (US$850 million), a 37.1% increase from Q3 2024 and a 6.9% increase from Q2 2025[9] - Net loss decreased to RMB307 million (US$43 million) in Q3 2025, down 84.9% from Q3 2024[8] - Non-GAAP net loss attributable to ordinary shareholders for Q3 2025 was RMB761 million (US$107 million), a decrease of 63.2% from RMB2,068 million in Q3 2024 and an increase of 109.1% from RMB364 million in Q2 2025[25] - Basic and diluted net loss per share attributed to ordinary shareholders for Q3 2025 was RMB0.31 (US$0.04), compared to RMB0.83 in Q3 2024 and RMB0.15 in Q2 2025[25] - The company reported a comprehensive loss attributable to shareholders of RMB812 million (US$114 million) for Q3 2025[37] Profitability Metrics - Vehicle margin was 15.6% in Q3 2025, compared to 12.6% in Q3 2024, indicating improved profitability[9] Research and Development - Research and development expenses were RMB2,743 million (US$385 million) in Q3 2025, a decrease of 8.6% from Q3 2024[19] - Research and development expenses for Q3 2025 were RMB2,743 million (US$385 million), compared to RMB3,000 million in Q3 2024[34] Assets and Liabilities - Total current assets as of September 30, 2025, were RMB40,592 million (US$5,702 million), down from RMB50,863 million as of December 31, 2024[31] - Total liabilities as of September 30, 2025, were RMB82,651 million (US$11,611 million), compared to RMB82,407 million as of December 31, 2024[32] Cash Position - Cash and cash equivalents totaled RMB8,763 million (US$1,231 million) as of September 30, 2025[20] Strategic Goals - The company aims to enhance its user ecosystem and develop its own software systems and electric vehicle supply chain[21] Share Metrics - Non-GAAP net loss attributable to ordinary shareholders per ADS for Q3 2025 was RMB2.96 (US$0.42), compared to RMB8.10 in Q3 2024[25] - The weighted average number of ordinary shares used in calculating Non-GAAP net loss per share for Q3 2025 was 2,572,968,401[38]

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佈之內容概不負責，對其 準確性或完整性亦不發表任何聲明，並表明不會就因本公佈全部或任何部份內容而產生 或因倚賴該等內容而引致之任何損失承擔任何責任。 GEELY AUTOMOBILE HOLDINGS LIMITED 175 80175 海外監管公佈 上市附屬公司－ZEEKR INTELLIGENT TECHNOLOGY HOLDING LIMITED 二零二五年第三季度未經審核財務業績公佈 本公佈由吉利汽車控股有限公司（「本公司」）根據香港聯合交易所有限公司證券上市規則 第13.10B條而作出。 ZEEKR Intelligent Technology Holding Limited（「極氪」）為本公司之非全資附屬公司，其 股份以美國存託股票形式於美國紐約證券交易所上市，已於二零二五年十一月十七日向 美國證券交易委員會遞交表格6-K，內容有關極氪截至二零二五年第三季度之未經審核財 務業績（「二零二五年第三季度業績」）。詳情請參閱隨附之二零二五年第三季度業績。 本公佈以英文發佈，並備有中文譯本。如中英文版本內容有任何歧義或不一致，概以英 文版本為準。 承董 ...

Core Insights - Zeekr Group reported a total vehicle delivery of 140,195 units in Q3 2025, marking a 12.5% year-over-year increase and a 7.1% quarter-over-quarter increase [2][3] - The company's vehicle sales revenue reached RMB 26,527 million (US$ 3,726 million) for Q3 2025, reflecting a 7.3% increase from Q3 2024 and a 15.8% increase from Q2 2025 [5][11] - Net loss for Q3 2025 was RMB 307 million (US$ 43 million), a significant decrease of 84.9% from Q3 2024 [5][16] Delivery Performance - Total vehicle deliveries for Q3 2025 were 140,195 units, with Zeekr brand delivering 52,860 vehicles and Lynk & Co brand delivering 87,335 vehicles, of which 72.4% were NEV models [2][3] - In October 2025, Zeekr Group delivered 61,636 vehicles, a 20.5% increase compared to the previous month [7] Financial Performance - Total revenues for Q3 2025 were RMB 31,562 million (US$ 4,434 million), up 9.1% year-over-year and 15.1% quarter-over-quarter [5][11] - Gross profit for Q3 2025 was RMB 6,046 million (US$ 850 million), representing a 37.1% increase from Q3 2024 [5][16] - Vehicle margin for Q3 2025 was 15.6%, compared to 12.6% in Q3 2024 and 17.3% in Q2 2025 [5][16] Operational Metrics - Research and development expenses were RMB 2,743 million (US$ 385 million) for Q3 2025, down 8.6% from Q3 2024 [16] - Selling, general and administrative expenses increased to RMB 3,783 million (US$ 532 million) for Q3 2025, up 11.3% year-over-year [16] Loss Metrics - Loss from operations was RMB 56 million (US$ 8 million) for Q3 2025, a significant improvement from a loss of RMB 2,076 million in Q3 2024 [5][16] - Non-GAAP net loss for Q3 2025 was RMB 265 million (US$ 37 million), down 86.6% from Q3 2024 [5][16] Cash Position - As of September 30, 2025, cash and cash equivalents and restricted cash totaled RMB 8,763 million (US$ 1,231 million) [18]

Group 1: Company Deliveries - Lee Auto delivered 32,000 vehicles in October, totaling 1,460,000 deliveries, with strong demand for the Lei 6, which has over 70,000 orders [1] - Xpang achieved a record delivery of 42,000 smart EVs in October, representing a 76% year-over-year increase, and has delivered 355,000 vehicles in the first 10 months of 2025, up 190% from the previous year [2] - NEO delivered a record 40,000 vehicles in October, a 92% year-over-year increase, with cumulative deliveries reaching just over 913,000 vehicles [3] - Zeer Intelligent Technology delivered 61,000 vehicles in October, marking a 9% year-over-year increase and a 20% month-over-month increase [3] Group 2: Market Expansion - The company is accelerating global expansion with new stores opening, operating over 550 retail locations and 3,500 supercharging stations across China [2] - The total vehicle deliveries included 21,000 Zeer vehicles and 40,000 Lincoln and Co. vehicles, supported by a growing user base of over 2.15 million [4]

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].