Li Auto's fourth-quarter revenue surged to RMB 44.27 billion, marking a 6.1% year-on-year increase. However, adjusted net profit stood at RMB 4.03 billion, registering a 10% year-on-year decline. The company projects first-quarter revenue to be in the range of RMB 23.4 billion to RMB 24.7 billion. Reacting to this news, Li Auto's U.S. shares experienced a sharp drop of over 2% in pre-market trading, eventually settling at nearly 6% lower.
