Zheng Quan Shi Bao Wang·2025-01-02 00:47Sales Performance - In December 2024, the company sold 514,800 new energy vehicles (NEVs), a year-on-year increase of 50.95%, marking the third consecutive month with sales exceeding 500,000 units [1] - For the full year of 2024, the company sold a total of 4,272,100 NEVs, a year-on-year increase of 41.26% [1] - The company achieved 3,757,300 NEV sales in the first 11 months of 2024, surpassing its initial target of a 20% year-on-year sales growth [1] - The company sold 1,765,000 pure electric vehicles in 2024, leading globally, and nearly 2,500,000 plug-in hybrid vehicles, making it highly likely to retain the title of global NEV sales champion [1] International Expansion - In 2024, the company sold 417,200 NEVs overseas, accounting for 9.77% of its total annual sales, a significant increase from 242,800 units in 2023, representing a 71.86% growth [2] - The company's successful overseas expansion is seen as a key driver for the development of the local NEV industry and a positive contribution to global environmental protection and climate change mitigation [2] Promotional Activities - From December 27, 2024, to January 26, 2025, the company launched promotional activities for two models, the second-generation Song Pro DM-i and Qin PLUS EV Honor Edition, with starting prices as low as 99,800 yuan [2] - The second-generation Song Pro DM-i saw a price reduction of 13,000 yuan, while the Qin PLUS EV Honor Edition was discounted by 10,000 yuan, with maximum trade-in subsidies of 24,000 yuan and 25,000 yuan, respectively [2] Production Milestones - The company celebrated the production of its 10 millionth NEV on November 18, 2024, achieving this milestone in just 15 months after reaching 5 million units [3] Market Capitalization Management - On December 27, 2024, the company announced the authorization of its management to formulate a "Market Capitalization Management System" to enhance investment value and protect the rights of the company and its investors [3] - As of December 31, 2024, the company's A-share price was 282.66 yuan per share, with a total market capitalization of 822.3 billion yuan [3]