GEELY AUTO(HK:00175) 数说新能源·2025-12-03 08:01Group 1 - The company achieved a total sales volume of 310,000 units in November, representing a year-on-year increase of 24.1% and a month-on-month increase of 1.1% [1] - By brand, sales for Geely, Lynk & Co, and Zeekr were 247,000, 35,000, and 29,000 units respectively, with year-on-year changes of +76.3%, +7.3%, and +6.8% [1] - New energy vehicle (NEV) sales reached 188,000 units in November, a year-on-year increase of 53.4% and accounting for 60.5% of total sales, up 11.5 percentage points year-on-year [1] Group 2 - The company exported 42,000 units in November, marking a year-on-year increase of 22.2% [1] - The cumulative sales from January to November 2025 reached 2.788 million units, a year-on-year increase of 41.8% [1] - The strong new car cycle is expected to continue driving profitability in the NEV segment, with Zeekr and Lynk & Co focusing on high-end brand development [2] Group 3 - New models such as the Galaxy A7, M9, and Xingyao 6 have been launched, with accelerated deliveries expected in Q4 [2] - The high-end Lynk & Co 900 continues to see deliveries, while Zeekr 9X has accumulated over 40,000 orders, indicating strong demand [2] - The combination of scale enhancement and structural optimization is anticipated to improve profitability for Zeekr [2]