LEAPMOTOR(HK:09863) Ge Long Hui·2025-09-10 19:21Core Viewpoint - Leap Motor achieved record sales in August 2023, delivering 57,066 vehicles, marking an 88.3% year-on-year increase and a 13.8% month-on-month increase, with cumulative sales of 329,000 vehicles from January to August, representing a 136.4% year-on-year growth [1] Group 1: Sales Performance - August 2023 sales reached 57,066 units, a historical high for the company [1] - Cumulative sales for the first eight months of 2023 totaled 329,000 units, reflecting a significant year-on-year growth of 136.4% [1] Group 2: Product Launch and Global Strategy - The company plans to launch 2-3 new products globally each year over the next three years, with the B10 model set to debut in Europe on September 8, 2023 [2] - Leap Motor's B10 and B01 models have already been launched, with plans for an additional B-series model priced between 100,000 to 150,000 yuan in 2025 [2] Group 3: Market Expansion and Partnerships - The company has established a strong domestic sales network with 806 sales outlets as of June 30, 2025, and is expanding its international presence with over 600 sales and service points across more than 24 international markets [2] - Leap Motor's partnership with Stellantis, the fourth-largest automotive group globally, allows for a low-investment, rapid expansion strategy into international markets [3] Group 4: Future Outlook - The company anticipates sales of 620,000, 910,000, and 1,210,000 vehicles in 2025, 2026, and 2027, respectively, driven by a strong new vehicle cycle and competitive pricing [3] - Leap Motor is increasing its investment in intelligent driving technology, with plans to enhance its team and computational resources by nearly 100% by the end of 2025 [2]