Geely Group’s sales in November exceeded 200,000 units, and the IPO has not yet been settled.

　　China Economic Net December 5 (Reporter Jiang Zhiwen) Recently, Geely Automobile Holdings Co., Ltd. released data showing that Geely Group’s sales in November reached a new high of 200,079 vehicles, up about 38% year-on-year and 11% quarter-on-quarter. Among them, new energy vehicles sold 65,034 vehicles, a record high for four consecutive months. With this boost, Geely Group sold 1,202,198 vehicles in the first 11 months, a year-on-year increase of 17%.

　　Specifically, the Geely brand sold 153,845 vehicles in November, up about 42% year-on-year and over 10% quarter-on-quarter. Among them, the "China Star" high-end series broke through the 40,000-vehicle mark for the first time, reaching 43,692 vehicles, an increase of about 69% from the previous month and an increase of over 10% from the previous month; Geely Galaxy series sold 13,770 vehicles, and sold over 10,000 vehicles for five consecutive months. Geometric pure electric series sold 20,329 vehicles in November, up about 47% year-on-year and down 2.92% quarter-on-quarter.

　　In addition, Lectra sold 30,055 vehicles in November, up about 66% year-on-year and 22% quarter-on-quarter, achieving positive growth for 10 consecutive months, of which Lectra 08 EM-P sold more than 10,000 vehicles in a single month. On November 13th, the 1 millionth vehicle of Lectra rolled off the assembly line, becoming the first high-end automobile brand in China to achieve millions of sales, less than six years after its first model, Lectra 01, went on the market.

　　In the field of new energy, Geely Group sold a total of 65,034 vehicles in November, an increase of about 5% from the previous month and 88% from the same period last year. Among them, the sales of pure electric vehicles were 35,329, a year-on-year increase of 13%; Plug-in hybrid vehicles sold 29,705 vehicles, a year-on-year increase of 7.8 times. From January to November, Geely’s new energy vehicles sold a total of 427,000 vehicles, a year-on-year increase of 50.25%.

　　In contrast, Ruilan Automobile, which is deeply involved in the new energy charging and replacing integrated track, is hard to improve. In November, it only sold 3,075 vehicles, showing a double drop from the same period last month. In the future, with Ruilan 7 and Ruilan 9 forming a dual-engine product strategy and comprehensively laying out the C-end market, we will wait and see whether Ruilan Automobile can usher in a rebound.

　　In addition, Geely Automobile also announced the sales volume of Proton, and achieved sales of 11,696 vehicles in November, a decrease of about 2% compared with the same period of last year and a decrease of 9.2% from the previous month. On the other hand, in the first 11 months, Proton sold 144,231 vehicles, up 9% year-on-year.

　　In terms of exports, Geely Group still maintains a rapid growth trend. The data shows that Geely Group exported a total of 30,209 vehicles in November, an increase of about 6% from the previous month and a year-on-year increase of over 62%. From January to November, Geely Group exported a total of 252,754 vehicles, a year-on-year increase of 41%.

　　It is worth mentioning that the independent listing (IPO) of Krypton brand has not yet been settled. On November 26th, Geely Automobile Holdings Co., Ltd. issued a statement showing that on November 24th (new york time), Krypton brand publicly applied to the SEC for the sale of Krypton. It is expected that the krypton sale will be launched when market conditions permit, and it will be "confirmed" after the SEC declares the relevant registration statement to be effective. Up to now, the number and amount of American depositary shares to be sold and sold in Krypton have not been determined.

　　According to reports, in the first nine months of this year, the unaudited income of the brand was about 35.315 billion yuan, an increase of 91% year-on-year. "This is mainly due to the increase in car sales, sales of batteries and other parts." The statement said that the company will issue a separate notice on the sale of krypton in due course.

　　Since its launch, the delivery volume of Krypton brand has remained steady. The data shows that in November, the delivery volume of the brand reached 13,104, a year-on-year increase of 29%. Up to now, the cumulative delivery of the brand has exceeded 180,000.