Revenue Growth
Total revenue for the quarter was RMB1.2 billion, an increase of 30% year-over-year.
Operating Loss Improvement
Operating loss narrowed by 30% year-over-year to $24.6 million.
Gross Margin Stability
Gross margins remained firm at around 20%, reflecting progress in optimizing product costs.
Shipment Increase
Shipments surged to 684,000 units, a 35.8% increase year-over-year.
Geely Galaxy E8 Success
Geely's Galaxy E8 brand sold over 90,000 units in March, an increase of more than 290% year-over-year.
New Project Wins
Secured eight new project wins under Geely’s new foundation E/E architecture.
Successful Launch of New Products
Launch of Galaxy E8 and Xingyao 8 with integrated G-Pilot and Skyland Pro ADAS solution.
Technological Innovations
Integration of intelligent car driving and parking capabilities into the Antora 1000 Super Brain.
International Expansion
Successful delivery of the first digital cockpit sample to the Volkswagen Group.
Strategic Partnerships
Announced partnership with HERE Technologies for AI-powered in-vehicle navigation systems.