Chang Jiang Shang Bao·2026-03-18 23:45Core Viewpoint - Geely Automobile has achieved record high performance in 2025, with total revenue reaching 345.23 billion yuan, a 25% year-on-year increase, and aims for a sales target of 3.45 million units in 2026 [1][3][8] Financial Performance - In 2025, Geely's total revenue was 345.23 billion yuan, marking a 25% increase year-on-year, and the core net profit reached 14.41 billion yuan, up 36% [3] - The gross profit increased to 57.3 billion yuan, a 25% rise compared to the previous year, supported by scale effects and optimized product structure [3] - By the end of 2025, the company's total cash level rose by 46% to 68.2 billion yuan, indicating strong cash reserves [3] Sales Performance - In 2023, Geely achieved sales of 1.6865 million units, an 18% increase, exceeding its annual sales target [3] - The sales target for 2024 was initially set at 1.9 million units but was later raised to 2 million units, which was surpassed with total sales of 2.1766 million units, a 32% increase [4][5] - In 2025, Geely's sales reached 3.0246 million units, a 39% increase, exceeding the adjusted target of 3 million units [7][8] Strategic Partnerships - Geely announced a deepened collaboration with NVIDIA in three key areas: physical AI, enterprise AI, and industrial AI, aimed at enhancing the company's capabilities in smart driving and intelligent cockpit technologies [1][10] - The partnership with NVIDIA is expected to facilitate advancements in smart driving capabilities, with a goal to reach Tesla's Full Self-Driving (FSD) level by 2026 [10] Product Development - Geely plans to launch multiple new products in 2026, covering various market segments from mainstream to luxury and from fuel to new energy vehicles [8] - The company is set to introduce a new auxiliary driving brand, G-ASD, which will encompass smart driving capabilities from L2 to L4 levels [10][11] - A significant breakthrough in "cockpit and driving integration" has been achieved, with the upcoming release of the super intelligent body, integrating smart cockpit and driving assistance technologies [11]