被曝拟购零跑10%股份，中国一汽想买到什么

Core Viewpoint - China FAW Group is planning to acquire approximately 10% of Leap Motor's shares, aiming to become a strategic shareholder, with the proposal currently circulating within relevant internal departments [1][2] Group 1: Strategic Cooperation - A strategic cooperation memorandum was signed in early March, outlining joint development in R&D and components, as well as exploring capital cooperation feasibility [3] - The first collaborative vehicle project between Leap Motor and FAW has already been initiated, with plans for a new model to be launched in the second half of 2026 [3][4] - The cooperation is seen as mutually beneficial, with FAW needing Leap Motor's innovation and technology to accelerate its transformation, while Leap Motor seeks FAW's scale and resource support [5] Group 2: Financial Performance - Leap Motor reported a significant increase in deliveries, achieving 221,700 units in the first half of 2025, marking a 155.7% year-on-year growth [4][6] - Leap Motor's revenue for the first half of 2025 reached 24.25 billion yuan, a 174% increase year-on-year, with a net profit of 30 million yuan, marking its first half-year profit [5] - The gross margin for Leap Motor reached 14.1% in the first half of 2025, a substantial increase from 1.1% in the same period of 2024 [5] Group 3: Market Position and Future Outlook - Leap Motor's sales guidance for the year has been raised from 500,000-600,000 units to 580,000-650,000 units, with a goal to challenge 1 million units in 2026 [10] - The partnership is expected to enhance Leap Motor's bargaining power in component procurement and improve product price competitiveness [7][9] - Analysts believe that FAW's investment in Leap Motor will help fill gaps in its new energy technology and product matrix, accelerate international expansion, and enable closer collaboration within the industry [9]