Group 1 - Chery Automobile's chairman, Yin Tongyue, stated that by 2025, the company's revenue from overseas markets will surpass that from domestic markets, reflecting a strategic shift towards global capital market integration and governance enhancement [1] - Chery's global revenue contribution nearing 50% indicates a significant international expansion, which may accelerate the globalization of the automotive supply chain and enhance the competitiveness of Chinese manufacturing [1] Group 2 - ZF's new brake system factory in Wuhan has officially commenced operations, expanding the production capacity for electronic parking brakes (EPB) and planning to introduce next-generation electromechanical brake (EMB) production lines [2] - The establishment of the new factory underscores ZF's commitment to the Chinese electric vehicle supply chain, enhancing its market position in smart driving components and fostering technological upgrades within the local supply chain [2] Group 3 - Ledo Automotive has delivered its 100,000th vehicle, marking a significant milestone for the young electric vehicle brand, which aims to continue its growth trajectory in the competitive market [3] - This achievement is expected to bolster market confidence in Ledo's growth potential and maintain investor interest in the structural growth opportunities within China's electric vehicle sector [3] Group 4 - Porsche announced the appointment of Michael Leiters as the new CEO, effective January 1, 2026, succeeding Oliver Blume, who will continue as CEO of the Volkswagen Group until the end of 2030 [4] - The leadership change raises concerns about strategic continuity, while Leiters' experience in the supercar sector may provide new insights for Porsche's electrification efforts, potentially influencing management practices across luxury automotive brands [4]