Group 1 - Deutsche Bank reports that Geely's plug-in hybrid vehicle, the Galaxy A7, has been officially launched with a price range of 82,000 to 118,000 yuan, which is over 10% lower than the pre-sale price [1] - The bank expects average monthly sales of the Galaxy A7 to reach 10,000 units, based on the average monthly sales of competing models, which range from 11,900 to 12,000 units [1] - Geely plans to launch five new models in the Galaxy series within the year, with total sales for the Galaxy series projected to increase by 148% year-on-year to 1.23 million units by 2025 [1] Group 2 - Based on an upward revision of other income expectations, the bank has raised its net profit forecast for 2025 by 6.7% and for 2026 by 1%, due to a 2% increase in sales forecasts [1] - The target price for Geely has been raised from 23 HKD to 25 HKD, maintaining a "buy" rating [1]