Core Insights - Geely Automobile Holdings Limited reported a record high revenue of 150.3 billion yuan for the first half of 2025, representing a 27% year-on-year increase, with a net profit attributable to shareholders of 9.29 billion yuan, and a core profit of 6.66 billion yuan, up 102% year-on-year [1] - The company achieved a total sales volume of 1.409 million vehicles in the first half of the year, a 47% increase, with a market share surpassing 10% for the first time [1] - Geely has raised its annual sales target from 2.71 million to 3 million vehicles based on better-than-expected market performance [1] Group 1: Financial Performance - The total gross profit increased to 24.7 billion yuan, with a gross margin of 16.4% [1] - Total cash levels rose to 58.8 billion yuan [1] Group 2: New Energy Vehicle Growth - Geely's new energy vehicle sales reached 725,000 units in the first half of the year, with a penetration rate of 51.5%, maintaining a leading position among new energy brands [3] - The Galaxy series, now an independent brand, saw sales of 548,000 units, a 232% increase year-on-year [3] - Zeekr and Lynk & Co formed a "dual-wheel drive" structure in the high-end luxury market, with Zeekr achieving sales of 90,740 units and Lynk & Co selling 154,137 units in the first half [3] Group 3: International Expansion - Geely's international export sales reached 184,000 units in the first half, a decrease of 7.7% year-on-year, contrasting with the industry growth of 10.3% [4] - The company has established a global sales network covering 85 countries and regions, with the Galaxy E5 international version becoming a global star product [4] - Geely plans to launch five new energy products in the second half of the year to support its sales target of 3 million vehicles [4]

基于超预期的市场表现，吉利汽车将2025全年销量目标从271万辆上调至300万辆。 2025年，吉利新能源各细分市场爆款车型频出，新能源板块成为上半年最亮眼的增长极。上半年，吉利 汽车三大品牌新能源总销量超72.5万辆，新能源渗透率达51.5%，稳居新能源品牌第一梯队。其中，吉 利银河系列升级为独立品牌后进入，上半年销量54.8万辆，同比增长232%，截至7月底累计销量突破 120万辆。 8月14日，吉利汽车公布2025年中期业绩报告。2025年上半年，吉利汽车实现营业收入1503亿元，同比 增长27%，创历史新高；实现归母净利润92.9亿元，扣除外汇汇兑税后归母净收益等非核心损益后，实 现核心归母利润66.6亿元，同比增长102%；毛利总额提升至247亿元，毛利率达16.4%；总现金水平稳 步上升至588亿元。 极氪与领克在国际市场表现突出，截至目前，极氪在超过40个国家和地区设有逾70家门店；领克在欧洲 设有7家俱乐部及58家经销商；极氪全球门店超1200家。 上半年，吉利汽车累计销量达140.9万辆，同比增长47%，增速远超市场平均水平，市占率首次突破 10%。其中新能源销量72.5万辆，同比增长126 ...