Zheng Quan Ri Bao Zhi Sheng·2025-08-14 16:39Core Viewpoint - The company achieved record sales and revenue in the first half of 2023, with a focus on maximizing shareholder returns amid significant changes in the Chinese automotive market [1] Financial Performance - In the first half of 2023, the company reported revenue of 150.3 billion yuan, a year-on-year increase of 27%, marking a historic high [2] - The 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 [2] - Gross profit totaled 24.7 billion yuan, with a gross margin of 16.4% [2] - Total cash reserves increased to 58.8 billion yuan [2] Sales and Market Share - The company sold 1.409 million vehicles in the first half of 2023, a 47% year-on-year increase, with market share surpassing 10% for the first time [2] - New energy vehicle sales reached 725,000 units, a 126% increase, contributing to a penetration rate of 51.5% [4] - Export sales exceeded 180,000 units, demonstrating stable performance [2] Strategic Initiatives - The company implemented a strategic adjustment in September 2024, focusing on "strategic focus, integration, collaboration, stability, and talent" [2] - The merger of Zeekr and Lynk & Co, along with the integration of Geely Auto and Zeekr, aims to enhance resource allocation and eliminate redundant investments [3] Cost Optimization - The sales expense ratio decreased to 5.6%, a 16% reduction, while the administrative expense ratio fell to 1.9%, a 26% decrease [3] Global Expansion - The company is accelerating its global expansion, with over 180,000 units exported and a presence in 85 countries and regions [6] - The launch of the Galaxy E5 international version EX5 in 26 countries has become a global star product [6] - The company plans to introduce five new energy products by the second half of 2025, enhancing its global competitiveness in the smart new energy sector [6]