Ge Long Hui·2025-12-29 22:11Group 1 - The company announced the completion of the privatization of Zeekr and its delisting from the New York Stock Exchange, making Zeekr a wholly-owned subsidiary [1][2] - Approximately 70.8% of shareholders opted for stock exchange, resulting in the issuance of 777 million shares, while 29.2% chose cash compensation, leading to a cash payment of $701 million [2] - The integration of Zeekr is expected to enhance operational efficiency, with R&D investments potentially decreasing by 10% to 20%, BOM costs reducing by 5% to 8%, and capacity utilization improving by 3% to 5% [2] Group 2 - The company's electric vehicle transformation is accelerating, with total vehicle sales reaching 2.7878 million units from January to November, a year-on-year increase of 41.8%, and new energy vehicle sales at 1.5335 million units, up 97% [3] - The company plans to launch multiple new models in 2026, including three SUVs and two sedans under the Galaxy brand, and aims to strengthen its electric vehicle exports, expecting a 50% year-on-year increase [4] - The projected net profits for 2025, 2026, and 2027 are estimated at 17.06 billion, 21.85 billion, and 28.18 billion yuan respectively, with year-on-year growth rates of +80%, +28%, and +29% [1][4]