德银报告称比亚迪或无法达成年度销售目标，比亚迪暂无回应

Core Viewpoint - Deutsche Bank reports that BYD's sales in 2025 may grow by 10% to 4.7 million units, which is below the company's target of 5.5 million units [1] Group 1: Sales Forecast - Deutsche Bank has lowered its forecast for BYD's 2025 net profit by 23.3% [1] - The anticipated sales growth of 10% to 4.7 million units is a significant adjustment from the company's original target [1] Group 2: Inventory Management - Since June, BYD has been reducing inventory levels at dealerships, which may lead to weak wholesale performance in the third quarter [1] Group 3: Stock Rating - Deutsche Bank maintains a "buy" rating on BYD's stock but has reduced the target price from HKD 150.00 to HKD 143.00 [1]