Core Insights - Geely Galaxy brand has achieved significant sales growth, reaching 127,476 units in October, a year-on-year increase of 101% and a month-on-month increase of 5%, marking a historical high [2] - The brand has sold a cumulative total of 1,002,000 units in the first ten months of the year, achieving its annual sales target ahead of schedule and becoming the fastest electric vehicle brand to reach this milestone [2] - Geely is repurposing the former SAIC-GM North Factory in Shenyang to increase production capacity for the Galaxy models, with an investment of approximately 890 million yuan [1][6] Production Capacity and Strategy - The production capacity for Galaxy models is currently under pressure due to rapid sales growth, with existing facilities in various locations having a combined annual capacity of nearly 1 million units [6] - Geely has decided not to build new factories or expand existing ones, focusing instead on optimizing existing production capacity and forming strategic partnerships [7] - The company is actively recruiting for various departments at the Shenyang facility to support the production ramp-up [1] Product Development - The Galaxy product lineup is continuously expanding, with the recent global launch of the new generation Galaxy Xingyao 6, available in seven variants priced between 68,800 to 99,800 yuan [3] - Several models under the Galaxy brand, such as the Galaxy E5 and Galaxy M9, have become bestsellers, contributing to the brand's strong market presence [2][6]