Xin Lang Ke Ji·2025-08-14 04:41Core Viewpoint - Geely Automobile Holdings Limited reported strong financial performance for the first half of 2025, with significant growth in revenue, profit, and vehicle sales, particularly in the new energy vehicle segment [1][2]. Financial Performance - The company achieved revenue of 150.3 billion yuan, a year-on-year increase of 27% [1] - Net profit attributable to shareholders reached 9.29 billion yuan, with core net profit at 6.66 billion yuan, reflecting a 102% year-on-year growth [1] - Gross profit increased to 24.7 billion yuan, with a gross margin of 16.4% [1] - Total cash level rose to 58.8 billion yuan [1] Sales and Market Position - Total vehicle sales reached 1.409 million units, a 47% increase year-on-year, with a market share surpassing 10% for the first time [1] - New energy vehicle sales amounted to 725,000 units, representing a 126% year-on-year growth [2] - Export sales exceeded 180,000 units, demonstrating stable performance [1] Strategic Initiatives - Geely plans to increase its annual sales target from 2.71 million to 3 million units based on strong market performance [1] - The company emphasizes avoiding "involution" and maintaining healthy competition, focusing on value, technology, quality, service, brand, and corporate ethics [2] - The merger between Zeekr and Lynk & Co has led to ongoing synergy effects, optimizing R&D, manufacturing, and management costs [2] Brand Performance - The new energy penetration rate reached 51.5%, with the Galaxy series achieving sales of 548,000 units, a 232% increase year-on-year [2] - Zeekr sold 90,740 units in the first half of the year, while Lynk & Co sold 154,137 units, surpassing cumulative deliveries of 1.5 million units by July 16 [2] International Expansion - Geely's overseas market expansion is progressing steadily, with export sales exceeding 180,000 units and a global sales network covering 85 countries and regions [3] - The company has launched 10 high-value models in key markets, with local production capabilities being strengthened through new factories in Egypt and Indonesia [3] - Zeekr has over 1,200 stores globally, while Lynk & Co has entered new markets such as the Dominican Republic and Laos [3] ESG Commitment - As of June 2025, the carbon emissions per vehicle over its lifecycle have decreased by 23.5% compared to 2020, moving towards a target of a 25% reduction by the end of 2025 [3]