Aurora(US:JG) Globenewswireยท2025-08-12 09:00Core Insights - Leapmotor has achieved significant sales growth in the NEV sector, leading H1 2025 with 221,664 units delivered and maintaining the No.1 ranking for four consecutive months [1][7][8] - The company is projected to see a revenue surge of 156.6% YoY in Q2 2025, reaching RMB 13.8 billion, driven by robust product innovation and a full-stack independent R&D strategy [1][27] - Leapmotor's gross profit margin improved from 8.4% in 2024 to 14.9% in Q1 2025, indicating operational strength [4][6] Sales Performance - Leapmotor set a sales target of 500,000 units for 2025, achieving 44.33% of this goal in the first half of the year [2] - The company has demonstrated strong sales momentum, with multiple months in H1 2025 posting record-breaking volumes [2][3] Financial Performance - Leapmotor's revenue for full-year 2024 increased by 92.0%, with Q1 2025 revenue rising by 187.1% YoY [4] - The net loss in Q1 2025 was RMB 130 million, a significant narrowing from RMB 1.13 billion in the same period of 2024 [6] Product Strategy - Leapmotor offers a diverse product portfolio across various price segments, with models priced between RMB 60,000 and RMB 300,000 [11] - The A Series targets price-sensitive consumers, while the B Series serves as the core product line featuring advanced technology [12][13] - The C Series and upcoming D Series aim to capture higher-end markets with competitive pricing and features [15][16][17] R&D and Market Position - Leapmotor's full-stack independent R&D strategy encompasses six key technology domains, enhancing its competitive edge and reducing reliance on third-party suppliers [23] - The NEV market in China is consolidating, with leading manufacturers like Leapmotor benefiting from economies of scale [21][22]