A：In 2025, the company continued to pay high dividends to shareholders, with a record dividend per share and a total cash level of 68.2 billion yuan, up 46% year-on-year.

A：In 2025, Geely's total annual sales reached 3.025 million vehicles, breaking the 3 million vehicle mark for the first time, an increase of 39% year-on-year. Among them, the sales volume of fuel vehicles was 1.337 million, up 4% against the trend; new energy achieved explosive growth, with 614000 plug-in sales, up 97% year-on-year; pure electricity sales were 1.074 million, up 86% year-on-year; and the total sales volume of new energy reached 1.688 million, up 90% year-on-year. In 2025, Geely's overall market share increased to 10.05 percent, up 27 percent year-on-year, a record high. Total revenue for the year was 345.2 billion yuan, up 25% year-on-year, and core net profit reached 14.41 billion yuan, up 36% year-on-year.

A：In 2025, Geely's total export sales reached 420000 vehicles, and new energy export sales reached 124000 vehicles, a year-on-year surge of 240. From January to February 2026, export sales exceeded 60000 units for two consecutive months, and the global growth trend was obvious.

A：The sales volume of the polar krypton brand was 224000, opening a new cycle of brand upward; the sales volume of the LinkedIn brand was 350000, up 23% year-on-year; and the sales volume of Geely Galaxy brand new energy vehicles was 1.236 million, ranking first in China's new energy vehicles. In 2026, all brands will work together to ensure the annual sales target of 3.45 million vehicles, including 300000 vehicles for Krypton brand, 400000 vehicles for LinkedIn brand, 1.55 million vehicles for Geely Galaxy and 1.2 million vehicles for Geely China Star. They will continue to expand the international market and AI the intelligent experience of technology-enabled products.

A：The company's gross margin remained stable at 16.6 percent in 2025. The sales expense rate dropped to 5.9 percent, the administrative expense rate dropped to 1.9 percent, and the R & D investment was 21.9 billion billion yuan, up 8.3 percent year-on-year, and the R & D efficiency improved significantly.

A：In 2025, the core scale net profit was 14.41 billion yuan, up 36% YoY, the profitability of bicycles continued to improve, and the net profit of the core scale of bicycles reached 4800 yuan in the second half of the year.

A：Geely new energy vehicle market growth has two major characteristics. First of all, the growth rate is very fast. For example, the Galaxy brand reached the sales level of 1.2 million units in one year. Secondly, Geely new energy vehicles have achieved the balanced development of luxury, high-end, popular and MPV, SUV, car, pickup and other fields.

A：There are two main reasons why Geely achieved the stage. On the one hand, with the development of new energy technology, the three electric systems tend to be homogenized. Geely, relying on its profound car-making experience and comprehensive car-making ability in the era of fuel vehicles, has improved its products after finding out the core laws of new energy development. Competitiveness. On the other hand, consumers have gradually matured and returned to higher requirements for the comprehensive quality of automobiles, which makes Geely Automobile outstanding in the luxury and high-end market due to its comprehensive car manufacturing capabilities. In 2025, Geely Automobile did five key things. The first is the establishment of the world's largest automotive safety center to ensure that all models meet stringent safety testing standards, reflecting Geely's adherence to long-termism and safety equality. The second major event is to promote the intelligent strategy, complete the integration with Qianli technology, and build a global AI intelligence system, extend artificial intelligence to the whole life cycle of the car, and improve the performance of intelligent cockpit, automatic driving and vehicle operation. In addition, Geely has made significant progress in luxury high-end, such as the launch of the polar krypton brand polar krypton 009 has become a landmark product in the luxury MPV market, and the successful launch of the polar krypton nine fork has further consolidated Geely's position in the luxury SUV market.

A：Geely has made a major breakthrough in the luxury high-end strategy. Through the success of the Krypton brand, it has not only improved the brand matrix of the entire product, but also plans to launch more luxury models to improve profitability. At the same time, Geely demonstrated its courage, drive, determination and efficiency in responding to market changes by integrating synergies, such as completing the privatization of polar krypton.

A：We are looking forward to the future of Geely Automobile, and this confidence comes from many aspects. First of all, through the benefits of recent events and integration, as well as the implementation of diversification strategies, especially the promotion of diversification strategies in energy forms, such as the construction of plug-in hybrid, extended range, pure electricity, methanol and other technical systems, Geely is unique among global car companies. In addition, our fuel vehicles also maintain the advantage of intelligence, and occupy the first position among Chinese national brands for nine consecutive years. It is expected that this position will continue to be consolidated by 2025. In terms of energy diversification, Geely's fifth-generation methanol technology has made significant progress. The average cost per kilometer has been reduced to 20 cents, and it can achieve cold start at minus 40 degrees. This makes methanol fuel in the field of passenger cars and commercial vehicles. The potential for widespread use will become an important growth point for Geely in the future. At the same time, IHEV fuel mixing technology will be fully used on fuel vehicles in 2026 to further enhance the competitiveness of fuel vehicles in five aspects: energy saving, intelligence, quality and performance, and stabilize the market position of fuel vehicles.

A：Although Geely Automobile has made considerable progress in 2025, there are still deficiencies in brand building, scale of sailing, and customer service, especially the pre-sales and after-sales services in Hong Kong and other places need to be improved. However, with the establishment and improvement of the science and technology ecosystem, including the overall layout of cockpit, autopilot, chips, batteries and other fields, as well as the production and operation capabilities of luxury cars, popular models and future robot taxi, Geely is full of confidence in the future. At the same time, the team has become more calm and independent, can clearly judge the direction of the world's automobile development, and actively respond.

A：In the face of the current concern of the automobile industry, Geely has achieved significant growth in new energy exports in the past year, realizing the first year of laying the foundation for the export layout of new energy vehicles and structural adjustment. In 2026, Geely will give priority to investing all resources in international business, continue to deepen the layout of global localized production capacity, and adhere to the strategic planning of products going out, supply chain going in, brand and technology going up. The target is to achieve overseas sales of 640000 units, up more than 50% year-on-year, and has exceeded the target for the first half of the year. In the future product planning and channel layout, Geely will further enhance its overseas KD business, introduce more new energy products, and plan to hold a comprehensive power exchange strategy conference in China's new series to quickly promote the internationalization process. At the same time, the Lynk & Co brand will strengthen strategic coordination in Europe and launch more new energy products to meet market demand and ensure the continuous growth of overseas markets.

A：Geely has adopted a strategic partnership with a number of suppliers to deal with raw material price increases. Through this cooperation, Geely maintains priority with suppliers in the promotion of new technologies and may obtain a better price advantage. Although prices in the market have risen, Geely has offset these cost pressures to a certain extent through large-scale procurement and strategic coordination.

A：Geely has effectively reduced costs by locking in prices and large-scale procurement, and has a positive impact on the overall product competitiveness. In addition, Geely's business layout in the Middle East is relatively stable, especially the Saudi market accounts for a relatively high proportion of sales, so the overall impact of the Middle East situation on Geely is relatively small.

A：Under the guidance of the Taizhou Declaration, Geely successfully completed the merger of LinkedIn and Krypton, realizing resource coordination, system coordination and brand linkage, including the unification of middle and back offices, resource reorganization and the integration of Academia Sinica and supply chain procurement system. These initiatives have resulted in cost reductions, expense reductions, and efficiency gains. Although last year's data did not fully reflect the integration effect, it is expected to be better in the next few years, such as 2026.

A：While Geely Holding Group's multiple brands (such as Geely Automobile, Volvo, Lotus, etc.) are developing independently, they have also established a strategic steering committee at the holding level to optimize brand positioning, technology and product planning, and realize the procurement system, Comprehensive sharing and coordination of manufacturing resources, after-sales network, etc. This collaboration not only enhances the strength of individual brands, but also helps Geely's strategy to go out to sea in the global market.

A：The gross profit margin in the fourth quarter increased by 0.3 percentage points from the previous quarter, mainly due to the growth of sales of the extreme krypton brand and the optimization of its product structure. The sales volume of Krypton brand reached 80000 units in a single quarter, of which the 9X model was sold on the market, making its gross profit margin reach 23%, thus driving the overall gross profit margin to increase.

A：The negative impact of rising raw material costs has been effectively managed through large-scale procurement and price hedging measures, so the impact on gross profit margin can be controlled. For the future R & D investment and capitalization rate, given that the first quarter has not yet ended, but based on the current delivery speed and capacity improvement, it is expected that the gross profit margin in the first quarter will not be lower than that in the fourth quarter of last year.

A：During the implementation of the smart Geely 2025 strategy, Geely's quarterly R & D expenses were basically maintained at around 4 billion, and it rose to 5.9 billion in the fourth quarter. In 2024, Geely Automobile increased its expense ratio significantly, from 31% in 2024 to 36% in 2025, and increased its R & D expense ratio to 43% in the fourth quarter of 2025. It is expected that the cost rate will be further increased in an orderly manner in 2026, and will remain above 40%.

A：Geely's upcoming five-year strategy will continue to advance the core concepts of the intelligent Geely 2025 strategy, such as building an intelligent technology ecological network and laying out the layout around chips, operating systems and big data technologies. In addition, Geely will also realize the full application of the world's first equity AI at the vehicle factory level through the equity AI layout, so as to improve the speed, efficiency and customer experience of product research and development. At the same time, Geely Automobile has made significant progress in the field of new energy, with sales increasing year by year, and the proportion of new energy has reached a high level.

A：In the next five-year plan, Geely will focus on strengthening the intelligent layout, not only pursuing technological leadership, but also establishing long-term competitive advantages through AI capabilities, building intelligent driving assistance systems and building super EY agents, so as to realize better coordination among all domains of the whole vehicle and form a new species of intelligent life. In addition, Geely will continue to build a high-end brand matrix, including LinkedIn brand and Galaxy brand, to meet different market needs. And accelerate the process of globalization to realize the localization service of the whole ecological chain; Finally, Geely will also strengthen ecological construction, take software-defined cars as the core, strengthen shared services, such as Cao Cao's intelligent travel, and enhance customer travel experience.

A：In the current era of rapid development of artificial intelligence, due to the rapid iteration of technology updates, it is not realistic for a single car company to independently complete many important tasks in a short time. Therefore, Geely insists on achieving its goals through effective use of social forces, while ensuring that it has a certain initiative in cooperation. For example, Geely and Qianli Technology have established a joint venture-Qianli Haohan, both parties have shares, which can ensure cooperation and maintain initiative, and jointly promote rapid product progress to maintain competitiveness.

A：Geely Group emphasizes the leadership of internal technology and products in technology and product research and development, and actively seeks cooperation with external parties such as the parent company to maintain a competitive advantage. Geely pays attention to the leading and initiative of technology when promoting the research and development of intelligent driving and other fields. By establishing a joint venture company and holding a large share, Geely ensures the economy and scale benefit of technology investment, so as to empower the whole automobile industry.

A：Regarding the export target, although January and February are the traditional off-season for exports, Geely Automobile's announced target of 640000 units has achieved a certain degree of confidence accumulation, and the internal target has set 750000 units, which means there is room for further improvement. As for the domestic market, Geely will cope with the fierce competitive environment, especially in terms of product replacement and technology upgrading. Geely will continue to optimize its product strength and make use of its existing technology and experience, such as the successful cases of brands such as polar krypton, to ensure its competitive advantage in the market.

A：Geely Automobile has invested heavily in new energy replenishment technology, taking the lead in introducing advanced technologies such as short-track batteries and Aegis hardcover batteries, leading the industry in terms of charging rate and energy density. Geely has built a 800-volt ultra-fast charging network and plans to deploy more than 50000 charging piles in the next five years to solve customers' energy replenishment anxiety and improve the convenience and efficiency of energy replenishment. In addition, Geely has also laid out a megawatt block energy supplement system, and some models have achieved top-level fast charging performance to ensure that they maintain a leading position in the market competition.

A：In the field of intelligent driving, Geely believes that the investment is high and needs to have technical leadership and initiative, so it has chosen to integrate deeply with partners such as Qianli Technology to form a scale effect. For the international market, Geely's layout in new energy vehicles has achieved remarkable results. From January to February, the export of new energy vehicles has grown strongly. It is expected that the proportion of new energy vehicle exports will continue to increase in the future. Geely's products are developed simultaneously around the world, meet international standards, and have strong market competitiveness. It is expected that sales in overseas markets will increase significantly.

A：This year's bicycle profit target due to the improvement of management and scale effect, as well as cost control measures, so that the bicycle profit has further upward space. Although it is difficult to give specific quantitative guidelines, with the growth of sales volume, the reduction of supply chain costs and the high-end product structure, it is expected that the profit of single vehicle will be improved.

A：Investment in the field of intelligent driving is mainly around the improvement of computing power, and Geely has established an industry-leading AI cloud power computing alliance. Although the input intensity increases, the input-output ratio will show a greater advantage due to technological leadership and scale effects. In addition, by optimizing research and development efficiency, it is expected to save a lot of industry chain costs, and with the maturity of large model technology, the future application scenarios are extensive, which will help reduce costs and increase efficiency.

A：Geely's target for 2025 is to sell 3.45 million new energy vehicles in China's passenger car market, including about 1.2 million fuel vehicles, 1.55 million Galaxy brands and 340000 Krypton and LinkedIn brands. At the same time, the company will strive to achieve the first sales volume in the domestic market, and continue to increase overseas investment to shorten the gap with benchmarking enterprises. Geely firmly believes that the automotive industry is a marathon, with safety, quality and new technology applications as the core, and will continue to focus on user value to bring new technologies and new experiences to customers.

A：Dong Mingzhu's purchase of krypton 009 has no special discount, and the purchase is based on the recognition of Geely's car quality. In the process of buying a car, Dong Mingzhu enjoyed certain discounts in accordance with the major customer policy, but her own high evaluation of the quality of the vehicle reflects the affirmation of the quality of Chinese manufacturing.