Domestic News - The joint statement from the China-US Stockholm Economic and Trade Talks was released, indicating a temporary suspension of tariffs on certain goods for 90 days starting August 12, 2025, while retaining a 10% tariff on the remaining goods [3] - The Ministry of Finance, the People's Bank of China, and the Financial Regulatory Bureau issued a policy for personal consumption loan interest subsidies, effective from September 1, 2025, to August 31, 2026, covering various consumer sectors [4] - In July 2025, the industrial producer price index decreased by 0.2% month-on-month, with a year-on-year decline of 3.6%, indicating a narrowing of the decline compared to previous months [5] - Jilin Province is initiating the first batch of talent pool recruitment focused on key industries such as new energy vehicles and artificial intelligence [6] - GAC Group announced the upcoming release of its new "Star Source" range extender technology aimed at addressing the long-standing issues of range-extended electric vehicles [7] - Zeekr and Geely Holding Group announced a patent for anti-motion sickness technology, enhancing the driving experience [8] - NIO's G318 Tibet charging route will be fully operational on August 16, 2025, with 15 battery swap stations along the route [9] - Huawei's Qian Kun intelligent driving system has reportedly avoided over 2.54 million potential collisions as of July 31, 2025 [10] International News - Global electric vehicle sales growth slowed to 21% in July 2025, attributed to a decline in sales momentum for plug-in hybrid vehicles in China [12] - South Korea's car imports increased by 23% in July 2025, with Tesla leading the market [13] - Tesla opened its second showroom in India in New Delhi, alongside a new supercharging station [14] - Mahindra & Mahindra is expanding its operations in South Africa, increasing production capacity to meet demand for economical vehicles [16] Commercial Vehicles - The Ouman Galaxy series heavy trucks were launched in Changchun, with significant market recognition demonstrated by 186 initial orders [17] - The 2025 Wuhan Commercial Vehicle Exhibition is scheduled for November 10-13, 2025, focusing on high-end, intelligent, and green vehicle solutions [18] - JAC's electric pickup truck, the Han Tu EV, was successfully delivered to a Singaporean airline, marking a significant step in the international market [19] - Jiangling Group's vehicle exports to Latin America increased by 32.6% year-on-year, with a total of 36,813 units exported in the first seven months of 2025 [20]

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性 或完整性亦不發表任何聲明，並明確表示概不會就本公告全部或任何部分內容而產生或因倚賴 該等內容而引致的任何損失承擔任何責任。 Li Auto Inc. 理想汽車 （於開曼群島註冊成立以不同投票權控制的有限責任公司） （股份代號：2015） 自願公告 第二季度交付量展望更新 於2025年6月27日，中國新能源汽車市場的領導者理想汽車（「理想汽車」或「本公 司」）（納斯達克：LI；香港交易所：2015），更新本公司2025年第二季度交付量展 望。本公司現預計將在2025年第二季度交付約108,000輛汽車，其此前發佈的交付 量展望為123,000至128,000輛。該調整體現了本公司為長遠發展而升級銷售體系 所帶來的短暫影響。本公司有信心，在理想i8上市前完成組織升級的工作，以更 好的組織能力迎接新的產品週期。 關於理想汽車 理想汽車是中國新能源汽車市場的領導者。本公司設計、研發、製造和銷售豪華 智能電動車。理想汽車的使命是「創造移動的家，創造幸福的家」。通過產品、技 術和業務模式的創新，本公司為家庭用戶提供安全、便捷、舒適的產品與 ...

Core Viewpoint - SAIC Volkswagen is facing a significant crisis in the rapidly evolving electric vehicle market, where the growth of range-extended and hybrid vehicles has outpaced that of pure electric vehicles, prompting a strategic shift towards developing range-extended products like the ID.ERA, set to launch in 2026 [1][2][6]. Group 1: Market Dynamics - The pure electric vehicle market grew by 107% in 2023 compared to 2021, while range-extended and hybrid products surged by 492%, nearly five times the growth of pure electric vehicles [1]. - SAIC Volkswagen's ID. series has sold over 180,000 units in two and a half years, making it the leading joint venture electric vehicle series, although it has not met initial sales targets of 200,000 to 300,000 units annually [4][20]. Group 2: Strategic Shifts - The company has initiated the development of its first range-extended SUV, ID.ERA, to compete with models like Li Auto's L8/L9, marking a significant strategic pivot towards range-extended vehicles [2][10]. - The partnership with Volkswagen has evolved into a "Joint Venture 2.0" model, where product definition rights are transferred to China, allowing for more localized decision-making [7][8]. Group 3: Internal Changes and Leadership - The company has adopted a "red-blue army" strategy, inspired by Huawei, to foster internal competition and improve product development processes [5][24]. - The leadership emphasizes the importance of crisis awareness, a principle instilled since the company's early days, to adapt to market changes and consumer preferences [21][22]. Group 4: Product Development Focus - Key focus areas for the ID.ERA include achieving industry-leading energy management systems and enhancing smart cabin and driving assistance technologies [10][11]. - The development process involves careful trade-offs to ensure optimal vehicle weight and safety features, such as a backup capacitor system for accident scenarios, despite increasing costs [12][13]. Group 5: Marketing and Sales Strategies - The company has implemented a "one-price" sales model to simplify the purchasing process and enhance customer trust, moving away from traditional negotiation practices [31][33]. - Upcoming marketing strategies for 2025 and 2026 will focus on improving service quality and launching multiple new energy products, with a commitment to elevating customer satisfaction [34][36].

Group 1 - BYD Seal 06 EV launched with a price range of 109,800 to 129,800 yuan [1][3] - The vehicle offers three models with a flagship version featuring a range of 545 km under CLTC standards [4] - The car dimensions are 4720×1880×1495 mm with a wheelbase of 2820 mm, providing ample storage with 24 compartments [5] Group 2 - The Seal 06 EV is built on the e-platform 3.0 and includes advanced features such as the "Heavenly Eye C" intelligent driving assistance and a high-end smart cockpit [7] - The vehicle comes with various promotional offers including zero-interest financing options and substantial trade-in subsidies [4] - BMW is reportedly planning to reintroduce range-extended vehicles, starting with the 2026 BMW X5, in response to ongoing concerns about electric vehicle range anxiety [8]

自願公告 2025年5月交付更新資料 於2025年6月1日，中國新能源汽車市場的領導者理想汽車（「理想汽車」或「本公 司」）（納斯達克：LI；香港交易所：2015）宣佈，2025年5月，理想汽車交付新車 40,856輛，同比增長16.7%。截至2025年5月31日，理想汽車歷史累計交付量為 1,301,531輛。 過去一個月，理想汽車完成了全系車型的智能煥新版升級。理想MEGA Home在 5月下旬開啟交付，其訂單量顯著超預期，目前產能正加速攀升。理想L系列智能 煥新版全系產品力有顯著提升，每一項升級都聚焦在用戶的真實需求和高頻體驗 上。理想L9配備雙腔空懸+雙閥CDC旗艦懸架，實現了空間大和操控穩的出色平 衡。理想L8和理想L7均標配雙腔魔毯空氣懸架，運動性能大幅提升，使其在人民 幣30萬元至40萬元價格區間具備獨特優勢。所有車型均標配全天候激光雷達，實 現了行業領先的自動緊急制動(AEB)和自動緊急轉向(AES)安全能力。 5月底，理想汽車開啟OTA 7.4版本更新的全量推送，升級後的理想同學擁有全新 的實體形象和更高的智能水平。此外，本公司預計在6月可以完成第2,500座理想 超充站的上線，為7月發佈首 ...

Group 1 - The core business of the company is the research, production, and sales of key components for turbochargers [2] - The company reported a main revenue of 316 million yuan in Q1 2025, a year-on-year decrease of 20.25%, and a net profit attributable to shareholders of 6.957 million yuan, down 70.34% year-on-year [2] - The company is focusing on mergers and acquisitions as a key development path, targeting new fuel technologies and emerging industries such as new materials and precision processing [1] Group 2 - The company is expanding its research and development beyond turbocharger components, collaborating with leading enterprises in areas such as range-extended electric vehicles, new fuel technologies, and humanoid robot components [1] - The company maintains a stable market position for its turbocharger components globally, with a significant portion of sales coming from foreign clients [1] - The company's debt ratio stands at 30.67%, with investment income reported at -386,800 yuan and financial expenses at 1.6156 million yuan, while the gross profit margin is 14.76% [2]

Group 1: Market Presence and Customer Distribution - The company's turbocharger component products are primarily sold to domestic and international turbocharger manufacturers, with a significant portion of sales occurring through a direct sales model. Currently, foreign customers dominate, with transactions conducted in currencies such as USD, EUR, and JPY [2]. - The market for the company's turbocharger components remains stable and continues to rank among the top globally [2]. Group 2: Mergers and Acquisitions Strategy - Mergers and acquisitions are a key development path for the company and a focus for 2025. The company aims to identify high-quality acquisition targets in the industry, guided by a "technology + market" approach [3]. - The company is particularly interested in new fuel technologies and emerging industries such as new materials and precision machining, aligning with national development directions and policies to create synergistic effects with existing core businesses [3]. Group 3: Research and Development Expansion - The company is leveraging its resource advantages to expand horizontally, collaborating deeply with leading enterprises to develop products related to range-extended electric vehicles, new fuel technologies, and humanoid robot components [3]. - Multiple measures are being implemented to explore internal growth potential beyond the core turbocharger component products [3]. Group 4: Information Disclosure Compliance - During the investor relations activity, the company ensured thorough communication with investors, adhering strictly to the regulations of the "Information Disclosure Management System" to guarantee the accuracy, completeness, and timeliness of disclosed information [3]. - The activity did not involve any undisclosed significant information [3].

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性 或完整性亦不發表任何聲明，並明確表示概不會就本公告全部或任何部分內容而產生或因倚賴 該等內容而引致的任何損失承擔任何責任。 截至2025年4月30日，理想汽車在全國已有500家零售中心，覆蓋151個城市；售 後維修中心及授權鈑噴中心500家，覆蓋223個城市。理想汽車在全國已投入使用 2,267座理想超充站，擁有12,340個充電樁。 Li Auto Inc. 理想汽車 （於開曼群島註冊成立以不同投票權控制的有限責任公司） （股份代號：2015） 自願公告 2025年4月交付更新資料 於2025年5月1日，中國新能源汽車市場的領導者理想汽車（「理想汽車」或「本公 司」）（納斯達克：LI；香港交易所：2015）宣佈，2025年4月，理想汽車交付新車 33,939輛，同比增長31.6%。截至2025年4月30日，理想汽車歷史累計交付量為 1,260,675輛。 憑藉理想L系列車型在各自細分市場領先的銷量表現，理想汽車已經連續三個季 度獲得人民幣20萬元以上SUV銷量冠軍，並在人民幣20萬至30萬元中大型SUV市 場、人民幣30萬至 ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性 或完整性亦不發表任何聲明，並明確表示概不會就本公告全部或任何部分內容而產生或因倚賴 該等內容而引致的任何損失承擔任何責任。 Li Auto Inc. 理想汽車 （於開曼群島註冊成立以不同投票權控制的有限責任公司） （股份代號：2015） 自願公告 2025年3月交付更新資料 於2025年4月1日，中國新能源汽車市場的領導者理想汽車（「理想汽車」或「本 公司」）（納斯達克：LI；香港交易所：2015）宣佈，2025年3月，理想汽車交付 新車36,674輛，同比增長26.5%。2025年第一季度共計交付92,864輛，同比增長 15.5%。截至2025年3月31日，理想汽車歷史累計交付量為1,226,736輛。 在20萬元以上新能源汽車市場，理想汽車連續12個月獲得中國汽車品牌銷量冠 軍。作為理想汽車快速實現盈利、突破千億元營收的重要基石，理想L系列即 將迎來第100萬輛交付里程碑。理想MEGA Ultra智駕煥新版已開啟預訂，理想 MEGA車型在2025上海車展還將為大家帶來驚喜。本公司於3月宣佈將自研的汽 車操作系統—理想星環 ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性 或完整性亦不發表任何聲明，並明確表示概不會就本公告全部或任何部分內容而產生或因倚賴 該等內容而引致的任何損失承擔任何責任。 Li Auto Inc. 理想汽車 （於開曼群島註冊成立以不同投票權控制的有限責任公司） （股份代號：2015） 有關更多資料，請瀏覽： https://ir.lixiang.com 。 股東及潛在投資者於買賣本公司證券時，務請謹慎行事。 承董事會命 理想汽車 董事長 李想 香港，2025年3月2日 於2025年3月1日，中國新能源汽車市場的領導者理想汽車（「理想汽車」或「本公 司」）（納斯達克：LI；香港交易所：2015）宣佈，2025年2月，理想汽車交付新車 26,263輛，同比增長29.7%。截至2025年2月28日，理想汽車歷史累計交付量為 1,190,062輛。 2月，理想汽車面向全量用戶推送OTA 7.1，實現智能駕駛和智能座艙產品力的再 度提升。全新升級的理想AD Max V13在面對複雜路況時的應對表現更加流暢； 新增的「哨兵高風險視頻遠程預覽」和「副駕下車衛士提醒」等功能，為用戶帶來更 ...