Zhi Tong Cai Jing·2025-09-17 05:52Group 1 - Geely Automobile's stock rose nearly 4%, closing at HKD 19.77 with a trading volume of HKD 874 million [1] - The Ministry of Industry and Information Technology and other departments issued the "Automobile Industry Stabilization Growth Work Plan (2025-2026)", targeting annual automobile sales of approximately 32.3 million units by 2025, a year-on-year increase of about 3% [1] - The plan aims for new energy vehicle (NEV) sales to reach around 15.5 million units by 2025, representing a year-on-year growth of about 20% [1] Group 2 - The report from Citi indicates that Geely benefits from its internal combustion engine (ICE) and NEV layout, which may hedge against potential electric vehicle subsidy policies [1] - Geely expects its market share of new energy vehicles to exceed 29% this year, with an export volume of 420,000 units [1] - The firm is entering new markets in Latin America and Europe while launching more NEV models overseas, which boosts confidence in achieving its targets [1] Group 3 - Citi reaffirms that Geely Galaxy's monthly sales should exceed 150,000 units, with overall sales expected to surpass the target of 3 million units this year [1] - Internal combustion engine sales are projected to reach at least 1 million units [1]