Geely Automobile: Net profit increased by 264% year-on-year in the first quarter of 2025.

Geely Auto announced that as of the end of March 31, 2025, the Group's sales volume reached a historical high of 703,800 units, an increase of 48% year-on-year. The revenue for the quarter was RMB 72.495 billion, an increase of 25% year-on-year. The attributable profit to the parent company's owner was RMB 5.672 billion, an increase of 264% year-on-year. The new energy business showed strong growth, with sales of the ICON brand increasing by 214% year-on-year and profitability improving across the board. The Group's total assets were RMB 264.246 billion, a decrease of 2% from December 31, 2024, while the attributable equity of the parent company's owner was RMB 87.789 billion, an increase of 1%.