GEELY AUTO(HK:00175) Zhong Guo Chan Ye Jing Ji Xin Xi Wang·2025-07-23 08:08Core Insights - Geely Holding Group has reported impressive results for the first half of 2025, achieving significant growth in both new energy and fuel vehicles, with a total sales volume exceeding 1.93 million units, a year-on-year increase of 30% [1][2] - The company has raised its annual sales target from 2.71 million to 3 million units, marking it as the first automaker this year to adjust its sales forecast upward [2] - Geely's rapid growth in the new energy sector is attributed to its strategic initiatives, including the "Two Blue Geely Actions" and "Smart Geely 2025" [4] Sales Performance - In the first half of 2025, Geely's new energy vehicle sales surpassed 1 million units, reflecting a remarkable year-on-year growth of 73% [2] - The Galaxy brand achieved sales of 548,000 units, a staggering increase of 232%, while Lynk & Co and Zeekr brands also reported sales growth of 22% and strong momentum, respectively [2] - Geely's fuel vehicle sales reached approximately 616,000 units, maintaining its position as the leading domestic brand for 16 consecutive months [2] Market Expansion - Geely's overseas sales reached 184,000 units in the first half of 2025, showcasing its competitive strength in global market expansion [2] - The company is expected to continue its global expansion efforts, supported by the launch of several new models in the second half of the year [3] Brand Integration and Efficiency - Geely is undergoing a strategic transformation to optimize brand integration, aiming to clarify brand positioning and enhance resource utilization efficiency [4][5] - The merger of Geely Auto Holdings and Zeekr Smart Technology is a significant step towards achieving a unified brand strategy [4] - Cost savings from integrated R&D and procurement efforts are projected to be in the billions, enhancing the company's competitive edge [5] Technological Innovation - Geely is actively embracing AI technology across various automotive domains, becoming a leader in comprehensive AI integration within the industry [6] - The company's focus on intelligent electric vehicle transformation is expected to yield substantial returns, with ongoing efforts in smart technology and governance showing positive results [6]