Xi Niu Cai Jing·2025-12-24 02:30Group 1 - The core point of the article is that Li Auto has made significant organizational adjustments to its supply chain department, merging the "Parts Cluster" into the "Manufacturing" department to enhance operational efficiency and resource allocation [2][3] - The merger is led by Li Auto's Vice President Li Bin, who will report to President Ma Donghui, and follows the departure of the former head of the Parts Cluster, Luo Ping [2] - The Parts Cluster previously had nearly 1,000 employees, and after the merger, the Manufacturing department will have over 10,000 employees, making it the largest department in the smart vehicle group, accounting for one-third of the total workforce [2] Group 2 - Li Auto has been adopting a vertical integration model similar to Tesla's to secure quality and supply stability through self-built factories and joint ventures [2] - Recent performance indicators show that Li Auto delivered 33,181 new vehicles in November, a year-on-year decline of 31.92%, and reported a total revenue of 27.4 billion yuan in Q3, down 36.2% year-on-year, with a net loss exceeding 600 million yuan, marking its first quarterly loss since Q3 2022 [2] - The restructuring is seen as a crucial step for Li Auto to address its current challenges and potentially revive sales and performance in the future [3]