Xin Lang Cai Jing·2025-10-09 18:29Core Viewpoint - Geely Automobile Holdings Limited announced a share buyback plan with a maximum amount of HKD 2.3 billion, which will be executed in the open market after obtaining approval from the Hong Kong Stock Exchange [1][8] Financial Performance - In the first half of the year, the company achieved revenue of CNY 150.285 billion, a year-on-year increase of 27%, marking a historical high for the same period [3] - The net profit attributable to the parent company was CNY 9.290 billion, a year-on-year decline of 14%, but the core net profit, excluding foreign exchange losses, was approximately CNY 6.66 billion, representing a 102% increase compared to CNY 3.3 billion in the same period of 2024 [3] - The rapid growth in performance is attributed to a significant increase in sales, with total sales for Geely Holding Group reaching 1.9317 million units in the first half of 2025, a year-on-year increase of 30% [3] Sales Data - In September, Geely Automobile's monthly sales reached 273,125 units, a year-on-year increase of 35% [4][6] - For the first nine months of the year, total sales amounted to 2.170189 million units, a year-on-year increase of 46% [4][6] - The sales breakdown shows that the Geely brand grew by 55% to 1.785117 million units, while the Galaxy series saw a remarkable increase of 206% to 875,000 units [4][6] New Energy Vehicles - New energy vehicle sales surged by 126% to 725,200 units, contributing significantly to overall sales growth [3][4] - The Galaxy series has been a standout performer in the transition to smart new energy vehicles, with a rapid product rollout across various market segments [6][8] Future Outlook - Geely has raised its full-year sales target for 2025 from 2.71 million to 3 million units, with more new models set to launch in the second half of the year [8] - The Galaxy series model, Xingyao 6, is scheduled for release in October, with a pre-sale that began on September 26 [8]