

Core Insights - Geely Automobile Holdings Limited reported a record high revenue of 150.3 billion yuan for the first half of 2025, representing a 27% year-on-year increase, with a net profit attributable to shareholders of 9.29 billion yuan, and a core profit of 6.66 billion yuan, up 102% year-on-year [1] - The company achieved a total sales volume of 1.409 million vehicles in the first half of the year, a 47% increase, with a market share surpassing 10% for the first time [1] - Geely has raised its annual sales target from 2.71 million to 3 million vehicles based on better-than-expected market performance [1] Group 1: Financial Performance - The total gross profit increased to 24.7 billion yuan, with a gross margin of 16.4% [1] - Total cash levels rose to 58.8 billion yuan [1] Group 2: New Energy Vehicle Growth - Geely's new energy vehicle sales reached 725,000 units in the first half of the year, with a penetration rate of 51.5%, maintaining a leading position among new energy brands [3] - The Galaxy series, now an independent brand, saw sales of 548,000 units, a 232% increase year-on-year [3] - Zeekr and Lynk & Co formed a "dual-wheel drive" structure in the high-end luxury market, with Zeekr achieving sales of 90,740 units and Lynk & Co selling 154,137 units in the first half [3] Group 3: International Expansion - Geely's international export sales reached 184,000 units in the first half, a decrease of 7.7% year-on-year, contrasting with the industry growth of 10.3% [4] - The company has established a global sales network covering 85 countries and regions, with the Galaxy E5 international version becoming a global star product [4] - Geely plans to launch five new energy products in the second half of the year to support its sales target of 3 million vehicles [4]