发布“史上最强”半年报，零跑成新势力第二家实现半年度盈利企业

Core Insights - Zhejiang Leapmotor Technology Co., Ltd. (Leapmotor) achieved its first half-year net profit in H1 2025, becoming the second Chinese new energy vehicle manufacturer to report profitability in a half-year period [1] - Leapmotor delivered 221,664 vehicles in H1 2025, marking a 155.7% increase compared to the same period in 2024, and generated revenue of 24.25 billion yuan, up 174% year-on-year [1] - The company maintained a robust cash position of 29.58 billion yuan and reported positive operating and free cash flow [1] Sales Performance - In July 2025, Leapmotor entered the Fortune China 500 list for the first time, being the only new energy vehicle company to do so, and achieved a monthly sales record of over 50,000 units [2] - Leapmotor's C10 model has delivered over 150,000 units globally within 16 months of its launch, consistently ranking first in sales among new energy vehicle brands for three consecutive months [3] - The C11 model reached cumulative sales of over 250,000 units by June 2025, with the new version launched in July 2025 [6] Product Development - Leapmotor launched several new models in 2025, including the B10 and C16, with the C16 becoming the best-selling large SUV in its category for eight consecutive weeks [9][12] - The company introduced the LEAP 3.5 technology architecture, enhancing its smart electric vehicle capabilities [10] - Leapmotor's self-developed AR-HUD technology was first applied in the new C11 model, showcasing significant advancements in smart driving features [12] Global Expansion - Leapmotor led the new energy vehicle brands in export volume, with 24,980 units exported from January to July 2025, particularly excelling in the European market [16] - The company has established approximately 600 sales and service outlets across 30 international markets, with over 550 in Europe [19] - Leapmotor initiated local assembly of the C10 model in Malaysia and plans to establish a local production base in Europe by the end of 2026 [21] Sales and Service Network - As of June 30, 2025, Leapmotor's sales and service network expanded to 806 stores across 286 cities, with a year-on-year increase in single-store efficiency of over 50% [22] - The company aims to enhance its channel coverage and service quality, targeting an increase in city coverage to 90% by the end of 2025 [24] Sustainability and Strategic Partnerships - Leapmotor released its third ESG report in H1 2025, receiving an MSCI ESG AA rating for the second consecutive year [25] - The company signed a strategic cooperation memorandum with China FAW Group to jointly develop new energy vehicles and components [25] - Leapmotor donated 5 million yuan to support technology initiatives for individuals with disabilities, emphasizing its commitment to social responsibility [25] Future Outlook - As Leapmotor approaches its 10th anniversary, the company plans to continue delivering high-quality products and expanding its market presence [27]