Core Viewpoint - Xiaopeng Motors reported a significant year-on-year increase in vehicle deliveries, indicating strong demand and successful product launches, despite a slight month-on-month decline in May 2025 [1][2] Group 1: Delivery Performance - In May 2025, Xiaopeng Motors delivered 33,525 vehicles, representing a 230% year-on-year increase but a 4.3% decrease month-on-month [1] - The Xiaopeng P7+ has achieved over 55,000 cumulative deliveries within six months of its launch, while the Xiaopeng X9 delivered 3,327 units in May [1] - The launch of the Mona M03, with a price range of 119,800 to 139,800 yuan, saw over 12,000 pre-orders within the first hour, with 83% of orders for the Max version [1] Group 2: AI and Global Expansion - The monthly active user penetration rate for the XNGP urban AI driving assistance reached 85% in May [1] - The Mona M03 Max features a "human-machine co-driving" function, enhancing user experience by adapting to driver habits [1] - Xiaopeng Motors has expanded into the Italian and Polish markets, becoming one of the first Chinese new energy vehicle companies to participate in the Milan Design Week, and has established a presence in over ten European countries [1] Group 3: Infrastructure Development - As of March 31, 2025, Xiaopeng Motors operated 690 sales outlets across 223 cities and had 2,115 self-operated charging stations [2] - From May 5 to May 18, 2025, the company added 21 self-operated charging stations, including 13 S4 super-fast charging stations and 8 destination stations [2] Group 4: Financial Projections - Xiaopeng Motors is projected to achieve vehicle sales of 524,000, 786,000, and 966,000 units from 2025 to 2027, with corresponding total revenues of 97.76 billion, 158.1 billion, and 197.07 billion yuan [2] - The expected net profits for the parent company are forecasted to be 1.2 billion, 6 billion, and 9.42 billion yuan for the same period [2]