GEELY AUTO(HK:00175) Zhong Guo Jing Ying Bao·2025-06-24 13:08Group 1 - The core viewpoint is that leading automotive companies are intensively expanding into the traditional mainstream sedan market amidst increasing competition, with several new models launched since April 2023 [2] - The sedan market is seen as a battleground for automakers due to its large base and the rising penetration of new energy vehicles, with domestic brands leveraging technological advantages in intelligence and electrification [2] - In May 2023, the sales of new energy passenger vehicles in China reached 965,000 units, with sedan sales accounting for approximately 458,000 units, reflecting a year-on-year growth of 17.4% [2] Group 2 - Geely's new hybrid sedan, the Geely Galaxy A7, is the first model built on the GEA global intelligent new energy architecture, featuring the Thunder AI Electric Hybrid 2.0 and the new Galaxy Flyme Auto intelligent cockpit system [3] - The Geely Galaxy A7 aims to be the "strongest mainstream sedan" and represents Geely Galaxy's acceleration towards brand elevation, with sales reaching 101,845 units in May 2023, a year-on-year increase of 273% [4] - Geely Galaxy has become the fastest new energy brand to achieve cumulative sales of over 1 million units within 24 months since the launch of its first product, the Geely Galaxy L7 [4]