Core Viewpoint - The launch event for the fourth-generation Boyue L by Geely marks a significant milestone in redefining the value standards of fuel vehicles, emphasizing its advanced features and design inspired by Chinese culture [1][17]. Design and Aesthetics - The fourth-generation Boyue L showcases a new aesthetic inspired by China's natural landscapes, featuring a front grille design called "Hundred Rivers Returning to the Sea" and unique lighting elements named "Liuguang Xinghe" and "Cui Can Xizi" [5][7]. - The vehicle is available in five colors that reflect Chinese beauty, drawing inspiration from natural scenery, enhancing the overall luxury aesthetic [5][7]. Performance and Driving Experience - The vehicle is built on the new CMA global luxury architecture, offering two powertrain options: 2.0TD+7DCT and 1.5TD+7DCT, achieving a 0-100 km/h acceleration in just 7.4 seconds [7][8]. - It features the GEEA 3.0 electronic architecture, enhancing the vehicle's responsiveness and driving experience through advanced AI technology [7][8]. Space and Comfort - The dimensions of the fourth-generation Boyue L are 4730mm in length, 1910mm in width, and 1710mm in height, with a wheelbase of 2785mm, providing superior space compared to competitors [8]. - The vehicle offers an 84.27% space utilization rate, the highest in its class, redefining the spaciousness of a fuel SUV priced around 100,000 [8]. Intelligent Features - The vehicle is equipped with the most powerful AI computing chip in its class, the 7nm Long Eagle No. 1 chip, which offers double the AI computing power of the 8155 chip [11]. - It includes the Flyme Auto intelligent cockpit system with a 15.4-inch 2.5K ultra-high-definition screen, providing a seamless user experience akin to using a smartphone [11]. Safety Features - The fourth-generation Boyue L incorporates 24 active and passive safety features, ensuring comprehensive protection for users [13]. - It features a robust body structure with the highest torsional rigidity in its class, enhancing safety during driving [13]. Market Performance - Since its launch, the Geely Boyue has sold over 2 million units globally, establishing itself as a benchmark for Chinese brands in the global market [15]. - The fourth-generation Boyue L aims to redefine the value standards of fuel SUVs, emphasizing aesthetics, driving control, intelligence, comfort, and safety [17].

Core Viewpoint - Geely Auto has officially launched the fourth-generation Boyue L, with a limited-time price range of 92,900 to 119,900 yuan, offering multiple purchase incentives including cash subsidies [1] Design and Aesthetics - The fourth-generation Boyue L is inspired by the painting "Dwelling in the Fuchun Mountains," featuring a front grille design called "Hundred Rivers Return to Sea" and "Flowing Starry Sky" headlights, available in five Chinese aesthetic colors [3] - The interior design includes elements like "Waterfront Ripples" dashboard and "Crystal Diamond" gear lever, combined with wood grain, metal accents, and extensive leather to create a light luxury feel [3] Performance and Technology - Built on the CMA global luxury architecture and GEEA 3.0 electronic architecture, the Boyue L offers two power combinations: 2.0TD+7DCT and 1.5TD+7DCT, achieving a 0-100 km/h acceleration in 7.4 seconds [5] - The vehicle supports 92-octane gasoline, balancing performance and fuel economy, while the Xingrui AI digital chassis enables intelligent driving control and real-time adjustments to power output and energy distribution [5] - The car is equipped with a 7nm Long Eagle No.1 chip, a 15.4-inch 2.5K ultra-HD screen, and the Flyme Auto intelligent cockpit system, enhancing user interaction [7] Safety Features - The fourth-generation Boyue L employs a cage body structure with a five-horizontal and six-vertical frame, along with a 1500 MPa integrated hot-formed boron steel door ring for enhanced safety [7] - New active safety features include door opening warnings and lane change assistance, supported by five million-pixel cameras and six high-precision ultrasonic radars for 360-degree active defense [7]

Core Viewpoint - Geely Automobile is confident in achieving or exceeding its annual sales target, with a strong performance in Q1 2025, showcasing significant revenue and profit growth driven by its transition to new energy vehicles and improved operational efficiency [1][4]. Financial Performance - In Q1 2025, Geely reported total revenue of 72.5 billion yuan, a 25% increase year-on-year, and a net profit attributable to shareholders of 5.67 billion yuan, up 264% [1]. - The gross profit for the quarter reached 11.4 billion yuan, a 26% increase year-on-year, with a gross margin of 15.8%, up 0.2 percentage points from the previous year [1]. Sales and Market Performance - Geely's Q1 sales reached a record high of 703,800 units, a 48% year-on-year increase, achieving 26% of its annual target of 2.71 million units [4]. - The new energy vehicle segment saw a significant boost, with sales from the Zeekr, Lynk & Co, and Galaxy brands totaling 339,000 units, a 135% increase year-on-year [4]. Product Strategy - Geely plans to accelerate its product launch strategy, focusing on both fuel and new energy vehicles, with multiple new models set to be released in 2025 [5]. - The fourth-generation Boyue L SUV has been launched, priced between 92,900 to 119,900 yuan, emphasizing "intelligent equality" in fuel vehicles [5]. Operational Efficiency - Geely has implemented deep internal integration under the "Taizhou Declaration," focusing on strategic alignment and cost reduction, leading to improved operational efficiency [6][9]. - The merger of Zeekr and Lynk & Co has resulted in a significant increase in financial performance, with Zeekr achieving a gross margin of 19.1% in Q1 [6][7]. Strategic Integration - The company is moving towards a "One Geely" strategy to eliminate redundant investments and improve resource allocation, which has positively impacted its stock performance [8][9]. - The integration aims to enhance efficiency across R&D, management, and marketing, targeting a 5% overall efficiency gain and a 15% to 20% improvement in operational metrics [10].

Core Viewpoint - Geely Auto Group officially launched the fourth-generation Boyue L SUV, marking its entry into the market and providing consumers with a new choice [1][6]. Product Overview - The fourth-generation Boyue L is available in five versions: Yangfan, Qicheng, Shanhua, Jinxiu, and Reai [4]. - The price range after cash subsidies is between 92,900 yuan and 119,900 yuan [4]. Design and Performance - The vehicle incorporates traditional Chinese cultural elements into its design, creating a unique aesthetic standard [4]. - It is built on the new CMA global luxury architecture, offering performance comparable to luxury brands [4]. - The SUV features two power combinations: 2.0TD+7DCT and 1.5TD+7DCT, achieving a 0-100 km/h acceleration in 7.4 seconds and supports 92-octane gasoline [4]. Intelligent Features - The Boyue L includes the GEEA 3.0 electronic architecture and Xingrui AI technology, enabling intelligent driving control and real-time diagnostics [4]. - It is equipped with the Xingrui AI cloud power model, which adjusts driving parameters based on real-time conditions and user preferences [4]. Space and Comfort - The dimensions of the vehicle are 4730mm in length, 1910mm in width, and 1710mm in height, with a wheelbase of 2785mm, providing a spacious interior [5]. - The rear features a flat floor design, maximizing head, leg, and shoulder space, and can convert into a comfortable 1.9-meter bed [5]. Smart Cabin - The vehicle is powered by the 7nm "Longying No.1" chip, with 16G+128G storage, supporting advanced smart features [5]. - It includes a 15.4-inch 2.5K ultra-clear screen and offers unique functions like four-zone voice interaction and seamless cloud connectivity [5]. Safety Features - The Boyue L boasts eight passive and sixteen active safety features, ensuring comprehensive protection [5]. - It has a robust body structure with the highest torsional rigidity in its class and includes advanced warning systems for various driving scenarios [5]. Market Impact - Since its launch, the Geely Boyue has sold over 2 million units globally, establishing a strong presence in over 60 countries [6]. - The fourth-generation Boyue L aims to redefine the value standard for fuel SUVs priced around 100,000 yuan, contributing to the advancement of intelligent automotive technology in China [6].

Core Viewpoint - The fourth-generation Boyue L demonstrates that traditional fuel vehicles can still thrive in the market, even as the penetration rate of new energy vehicles exceeds 50% [2][9]. Group 1: Market Performance - The fourth-generation Boyue L achieved over 40,000 sales in the first two months after its launch, with a price range of 99,900 to 126,900 yuan, showcasing strong market performance [2][11]. - The cumulative sales of the Boyue family have surpassed 2 million units since its launch in 2016, indicating a solid user reputation and market acceptance [11]. Group 2: Consumer Trends - Young consumers are becoming the main force in the automotive market, seeking personalized expression and quality experiences, which influences their purchasing decisions [4]. - Over half of Chinese consumers consider exterior design a core factor in their car-buying decisions, highlighting the importance of aesthetics in the automotive market [4]. Group 3: Design and Innovation - The fourth-generation Boyue L incorporates the "Mountain and River Aesthetics" design philosophy, integrating traditional Chinese culture into its automotive design [5]. - The vehicle features innovative design elements such as a unique front grille and a breathing tail light design, enhancing both visual appeal and functionality [5][7]. Group 4: Technical Features - The Boyue L is built on the CMA architecture, which allows for advanced design and engineering capabilities, ensuring that innovative designs can be effectively realized [8]. - The vehicle is equipped with a Drive-E 2.0TD engine and a 7DCT transmission, balancing strong power output with fuel economy [12]. Group 5: Safety and Comfort - The vehicle boasts a high-strength steel usage ratio exceeding 70% and advanced safety features, including 16 L2-level driver assistance systems, enhancing both passive and active safety [14][17]. - The interior design focuses on user experience, with features that optimize sound quality and provide a comfortable driving environment [7][17]. Group 6: Industry Implications - The success of the fourth-generation Boyue L illustrates a sustainable development path for traditional fuel vehicles, emphasizing profitability without reliance on subsidies [18]. - The vehicle's performance challenges the notion that high-end features are exclusive to new energy vehicles, demonstrating that traditional fuel cars can also achieve high quality through innovation [19].