Mei Ri Jing Ji Xin Wen·2025-08-15 05:14Core Viewpoint - Geely Auto has demonstrated strong financial performance in the first half of the year, achieving record highs in various operational metrics despite industry challenges [1][2]. Financial Performance - Geely Auto reported a revenue of 150.3 billion yuan, a year-on-year increase of 27%, marking a historical high [1]. - 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 [1]. - Total cash reserves increased to 58.8 billion yuan, providing robust support for long-term development [1]. Market Growth - The company sold 1.4092 million vehicles in the first half, a 47% increase year-on-year [2]. - In the new energy vehicle sector, sales surged to 725,200 units, a 126% increase, with a penetration rate of 51% [2]. - The Galaxy series, now an independent brand, saw sales of 548,000 units, a 232% increase [2]. Product Strategy - Geely Auto is maintaining a dual approach by strengthening its traditional fuel vehicle base, with fuel vehicle sales reaching 684,000 units, an 8% increase [3]. - The company has raised its annual sales target from 2.71 million to 3 million units, an 11% upward adjustment [3]. - Geely is focusing on technological advancements, having developed three core technology IPs in intelligent driving, power systems, and battery technology [3]. Technological Innovation - By 2025, Geely plans to launch the industry's first "full-domain AI" technology system, enhancing its competitive edge [4]. - The company has established a computing power of 23.5 EFLOPS and a comprehensive AI model for all scenarios [4]. - Geely emphasizes healthy competition over price wars, focusing on value, technology, quality, service, and brand integrity [4]. Future Outlook - Geely Auto will launch several new intelligent hybrid products in the second half of the year, including models from the Zeekr and Lynk & Co brands [5]. - The "One Geely" strategy aims to enhance synergies among its brands, targeting a comprehensive product matrix to achieve the annual sales goal [5].