安聪慧：领克与极氪合并已显现三大战略成果，将驱动销量与财务双提升

Core Insights - Geely Auto's Zeekr Technology Group reported a 14.5% year-on-year increase in sales for the first half of 2025, delivering a total of 244,877 vehicles [1] - The strategic integration of Zeekr and Lynk & Co has led to significant operational improvements, with the company achieving positive operating profit for the first time under US GAAP in Q2 [1] - The R&D expense ratio decreased by 5.8 percentage points to 7.8%, while the selling and administrative expense ratio fell by 1.2 percentage points to 12.3% [1] Strategic Achievements - The merger has resulted in a clear restructuring of the brand matrix, with the China Star series of fuel vehicles experiencing growth, the Galaxy brand targeting the mainstream new energy market, Lynk focusing on trendy sports technology, and Zeekr concentrating on the high-end luxury segment [1] - Scale effects have significantly reduced R&D and management costs [1] - The launch of new models such as Zeekr 9X and Lynk 10 EM-P, along with new technologies like the Haohan Super Electric Hybrid and 900V high-voltage platform, is expected to drive continued sales and financial performance improvements [1]