Ge Long Hui·2025-05-15 10:45Core Insights - Geely Automobile's subsidiary Zeekr reported a total vehicle delivery of 114,011 units in Q1 2025, marking a year-on-year increase of 21.1% [1] - The Zeekr brand delivered 41,403 vehicles, up 25.2% year-on-year, while the Lynk brand delivered 72,608 vehicles, reflecting an 18.9% increase, with 52.4% of deliveries coming from new energy vehicles [1] - Zeekr's automotive sales revenue for Q1 2025 reached RMB 19,096 million, a 16.1% increase compared to Q1 2024 [1] Financial Performance - The automotive profit margin for Q1 2025 was 16.5%, compared to 13.1% in Q1 2024 and 14.3% in Q4 2024 [1] - Zeekr's gross profit for Q1 2025 was RMB 4,213 million, an 18.8% increase from Q1 2024, with a gross profit margin of 19.1% [1] - The profit margin for the Zeekr brand reached a record high of 21.2% in Q1 2025 [2] Strategic Developments - The company achieved a significant milestone in Q1 2025 with the full integration of Zeekr and Lynk, expanding its global user base to over 1.9 million [2] - The CEO highlighted the initial technical integration of the two brands, optimizing R&D and sharing platforms to enhance profitability [2] - The CFO emphasized the strengthening of platform synergies and supply chain management, leading to historic high profitability levels [2]