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吉利汽车 | 5月：新能源持续亮眼 极氪、领克发力高端【民生汽车 崔琰团队】
汽车琰究·2025-06-02 14:02

Core Viewpoint - The company has shown significant growth in both overall and new energy vehicle sales, with a strong focus on high-end market penetration through new product launches and technological advancements [1][2][3]. Sales Performance - In May, the total wholesale sales reached 235,000 units, representing a year-on-year increase of 46.4% and a month-on-month increase of 0.5% [1][2]. - Cumulatively, from January to May, total wholesale sales amounted to 1.173 million units, up 48.6% year-on-year [1][2]. - New energy vehicle sales in May were 138,021 units, a year-on-year increase of 135.2% and a month-on-month increase of 9.9%, with a penetration rate of 58.7% [1][2]. Brand Performance - In May, the sales breakdown by brand included 189,000 units for the Geely brand, 18,908 units for Zeekr, and 27,630 units for Lynk & Co [1][2]. - The Geely Galaxy brand launched the Galaxy Star 8, which has received over 10,000 pre-orders within six days of its launch [2]. New Product Launches - The company aims for total sales of 710,000 units in 2025, with targets of 320,000 units for Zeekr and 390,000 units for Lynk & Co [3]. - The Lynk 900 was launched in May, with over 30,000 orders within a short period, showcasing strong market interest [3]. - The Zeekr 9X luxury SUV is set to launch in Q3 2025, featuring advanced technology and high performance [3]. Technological Advancements - The company is integrating AI technologies into its vehicles, with plans to implement a comprehensive AI strategy that includes advanced driving capabilities and smart features [4]. - The Lynk 900 will be among the first vehicles to utilize NVIDIA's Thor chip, enhancing its technological edge in the market [4]. Financial Projections - Revenue projections for 2025-2027 are estimated at 404.78 billion, 489.69 billion, and 572.83 billion RMB, respectively, with net profits expected to reach 16.21 billion, 22.09 billion, and 25.98 billion RMB [5][7]. - The earnings per share (EPS) are projected to be 1.61, 2.19, and 2.58 RMB for the years 2025, 2026, and 2027, respectively [5][7].