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民生证券:维持吉利汽车推荐评级
news flash·2025-07-17 06:15

Core Viewpoint - Minsheng Securities maintains a "recommended" rating for Geely Automobile, highlighting its recent merger agreement with Zeekr to strengthen the Geely brand and enhance market positioning [1] Group 1: Company Developments - Geely has signed a merger agreement with Zeekr to create a unified Geely brand, which is expected to enhance its market presence [1] - The Galaxy brand under Geely is positioned for the mainstream market, with a focus on launching new products [1] - The collaboration between Zeekr and Lynk & Co aims to capture a significant share of the high-end market [1] Group 2: Financial Projections - Revenue projections for Geely are estimated at 404.78 billion, 489.69 billion, and 572.83 billion yuan for the years 2025, 2026, and 2027 respectively [1] - The expected net profit attributable to shareholders is forecasted to be 16.21 billion, 22.09 billion, and 25.98 billion yuan for the same years [1] - The company's momentum in the new energy vehicle sector is anticipated to accelerate, contributing to profitability growth [1]