Core Viewpoint - The automotive industry is highly competitive this year, with manufacturers offering diverse options and attractive pricing to consumers [1]. Group 1: Vehicle Features - The Lynk & Co 10 EM-P is a plug-in hybrid model priced around 200,000 yuan, featuring a full four-wheel drive system and a 1.5T engine with a three-speed DHT, ensuring efficient fuel consumption when the battery is depleted [2][4]. - The vehicle boasts a maximum pure electric range of 240 km under the CLTC standard, which is sufficient for daily commuting needs [4]. - Advanced features include a laser radar-assisted driving system, variable damping shock absorbers, heated and ventilated massage leather seats, a car refrigerator, and a 25-speaker Harman Kardon sound system [4]. Group 2: Unique Design - A standout feature of the Lynk & Co 10 EM-P is its unique paint color called "Liuguang Gold," which changes from deep green in low light to a shiny gold in bright conditions [5].

Core Viewpoint - Dong'an Power reported a turnaround in net profit for Q1 2025, driven by new products and market expansion, despite challenges in gross margin due to industry competition and increased depreciation costs [1][2]. Group 1: Financial Performance - In Q1 2025, Dong'an Power achieved revenue of 994 million yuan and a net profit of 3.73 million yuan, marking a year-on-year turnaround [1]. - The company sold 203,300 complete units from January to April 2025, representing a year-on-year increase of 36.14% [2]. Group 2: Product and Market Development - Dong'an Power has three major engine product platforms and three transmission product platforms, focusing on high-end passenger cars, light and medium commercial vehicles, and new energy vehicles [1]. - The company has secured 51 new market agreements with 26 enterprises, with an expected total sales volume of 1.5 million units over the product lifecycle [1]. - The company is actively developing new products, including hybrid dedicated transmissions and clean energy engines, with several models expected to launch in 2025 [2]. Group 3: Industry Trends - In 2024, cumulative sales of plug-in hybrid vehicles in China reached 5.141 million units, a year-on-year increase of 83.3%, accounting for 40% of new energy vehicle sales [3]. - Dong'an Power anticipates that new energy, particularly plug-in hybrid vehicles, will be the main development direction for the automotive industry in China over the next 5-10 years [3].