Core Viewpoint - Goldman Sachs reports that Li Auto's Q1 gross profit and GAAP net profit exceeded expectations by 6% and 21% respectively, driven by higher vehicle sales [1] Group 1: Financial Performance - Li Auto's Q1 gross profit and GAAP net profit were higher than Goldman Sachs' expectations by 6% and 21% respectively, attributed to increased vehicle sales [1] - The firm raised its target price for Li Auto's H-shares from HKD 124 to HKD 138 and for its U.S. shares from USD 31.7 to USD 35.3, maintaining a "Buy" rating [1] Group 2: Future Projections - The report anticipates that the L series facelift and MEGA family version, along with ongoing OTA service updates, will drive sales in Q2 and Q3 [1] - The upcoming BEV models, i8 and i6, are expected to achieve average monthly sales of 6,000 and 10,000 units respectively, further boosting Q4 sales [1] - Goldman Sachs forecasts a year-on-year increase of 48% and 35% in GAAP net profit for Q2 and the full year, respectively, and has raised net profit estimates for 2025 to 2027 by up to 20% [1]