Geely Automobile has unveiled its financial results for the first quarter of 2026, marking a period of high-quality development. During this quarter, Geely secured the top spot in sales among China’s indigenous automotive brands, with total revenue soaring to RMB 83.8 billion, representing a 15% year-on-year increase. After accounting for relevant factors, the core net profit attributable to the parent company reached RMB 4.56 billion, a remarkable 31% surge year-on-year, outpacing the growth rate of revenue. Concurrently, the gross profit margin climbed to 17.5%, up 11% from the previous year, signaling improved profitability. By the end of the quarter, Geely’s total cash reserves had ballooned to RMB 60.2 billion, reflecting a solid and resilient operational status. Looking ahead to the second quarter, Geely is set to leverage four key strategies, planning to introduce over ten new models and upgrade critical technologies to propel high-quality development and sustainable growth.