LEAPMOTOR(HK:09863) Zhi Tong Cai Jing·2025-11-17 11:28Group 1 - The core viewpoint of the articles highlights the significant revenue growth and delivery achievements of Leap Motor, with a 97.3% year-on-year increase in revenue for Q3 2025, reaching RMB 19.45 billion [1] - The company reported a profit attributable to equity holders of RMB 150 million, with a gross margin of 14.5%, an increase of 0.9 percentage points from Q2 2025 [1] - The revenue growth is primarily driven by increased delivery volumes of vehicles and parts, leading to a rise in related service income [1] Group 2 - Leap Motor's total vehicle deliveries reached 173,900 units during the period, with October deliveries surpassing 70,300 units, marking the eighth consecutive month as the top-selling new force brand in China [1] - The C10 model achieved cumulative sales of over 200,000 units in 18 months, with an average monthly sales of 15,000 units in Q3 2025 and over 20,000 units in October [1] - The Lafa5 model was unveiled at the Munich Auto Show, targeting urban youth with a focus on lifestyle, attitude, freedom, and art, and is set to launch in China on November 27, 2025 [2] Group 3 - The company has expanded its sales service network to cover 292 cities, an increase of 88 cities year-on-year, with a total of 866 sales outlets, including 367 Leap centers and 499 experience centers [2] - The Lafa series aims to provide high-quality, stylish, and sporty travel options, with the Lafa5 being the first model based on the LEAP3.5 technology architecture [2]