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On September 25, China Merchants Securities International issued a research report, reaffirming Geely Automobile (00175.HK)'s target price at HK$34.2 and retaining its ‘Overweight’ rating. The firm is bullish on Geely’s ability to integrate its intelligent charging technology into mainstream vehicle models, as well as on how the expansion of its charging network will bolster the competitiveness of Geely’s pure electric vehicle lineup. On September 23, Geely introduced its intelligent charging technology, which leverages the Xingrui PowerMind energy management system to offer AI-powered rapid charging, smart charging, and automatic charging solutions. This technology directly tackles key challenges related to temperature control, maintenance, and automated energy replenishment.
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