Lingpao Motors (09863.HK) reported a first-quarter revenue of 10.02 billion yuan, an increase of 187.1% year-on-year. The gross profit margin reached a record high.

Zhixin Finance APP News: LINGPAO Auto (09863.HK) released its performance report for the first quarter of 2025. The revenue for the first quarter of 2025 was 10.02 billion yuan, an increase of 187.1% year-on-year. The main reason for this increase is that the company's sales volume increased by 162.1% year-on-year; the optimization of product portfolio led to a 4.9% year-on-year increase in single vehicle income.