Ge Long Hui·2025-07-02 19:10Core Viewpoint - The company has shown significant growth in sales, particularly in the electric vehicle segment, and has adjusted its annual sales target upwards due to strong performance and new product launches [1][2][3] Sales Performance - In June, the company achieved a total sales volume of 236,000 vehicles, representing a year-on-year increase of 42% [1] - Cumulatively, from January to June, the company sold 1.409 million vehicles, up 47% year-on-year [1] - In June, the company sold 122,000 new energy vehicles, a year-on-year increase of 86%, accounting for 52% of total sales [1] - The breakdown of new energy vehicle sales includes 85,000 pure electric vehicles (up 129% year-on-year) and 37,000 plug-in hybrids (up 30% year-on-year) [1] Product Launches and Future Plans - The company has launched several successful models, including the Galaxy Starry 8, which sold over 10,000 units in its first month [2] - The company plans to introduce multiple new models in the second half of 2025, including Galaxy A7, Galaxy M9, Lynk & Co 10 EM-P, Lynk & Co Z20, Zeekr 9X, and others [2] - The annual sales target for 2024 has been raised from 2.71 million to 3 million vehicles, increasing the expected growth rate from 25% to 38% [2] Global Expansion - In June, the company exported 40,000 vehicles, a year-on-year increase of 12%, while total exports for the first half of the year reached 184,000 vehicles, down 8% year-on-year [2] - The company is actively expanding its global presence, with plans to add over 300 overseas sales and service outlets by 2025 [3] - The company has established a presence in key markets such as the Middle East, Asia-Pacific, Africa, Latin America, and Europe, with 891 sales and service points across 81 countries [2][3] Financial Projections - Revenue projections for the company from 2025 to 2027 are estimated at 351.27 billion, 413.26 billion, and 469.53 billion yuan, respectively [3] - Expected net profits for the same period are 15.20 billion, 17.28 billion, and 20.79 billion yuan, with earnings per share (EPS) of 1.51, 1.71, and 2.06 yuan [3]