On August 13, Deutsche Bank issued a research report announcing that Geely Automobile (00175.HK) has officially unveiled the plug-in hybrid electric vehicle (PHEV) Yinhe A7, priced between RMB 82,000 and RMB 118,000, marking a reduction of over 10% from the pre-sale price. Deutsche Bank anticipates that the Yinhe A7 will achieve an average monthly sales volume of 10,000 units, drawing comparisons to its competitive models which average between 11,900 and 12,000 units per month. Furthermore, Geely's Yinhe series intends to introduce five new models within the year, with projections for the total sales of the Yinhe series to surge 1.48 times year-on-year, reaching 1.23 million units by 2025. Consequent to upward adjustments in other revenue expectations, Deutsche Bank has revised its net profit forecast for Geely Automobile upwards by 6.7% for 2025 and by 1% for 2026. Sales forecasts have also been elevated by 2%. Consequently, Deutsche Bank has elevated its target price for Geely Automobile from HK$23 to HK$25 and assigned it a 'Buy' rating.