Zika Group holds its third quarter 2025 earnings conference call, discussing financial results and providing forward-looking statements under the safe harbor provisions.

Zika Group reports significant growth in Q1 2025, delivering 114,000 vehicles and achieving a revenue of 22 billion RMB. The company highlights the success of its Zika 0 0 1 and 0 9 models, strategic integration with Lincoln brand, and plans for continued innovation in the premium electric vehicle market.

The company is enhancing its product portfolio to adapt to China's evolving auto market, focusing on premium and hybrid vehicles. Recent launches include the Zika Xi GT and the Link & Co 900, with strong market responses and significant pre-orders, indicating a successful penetration into the luxury and hybrid segments. Looking ahead, the company plans to launch more models equipped with cutting-edge hybrid technology, aiming to sustain steady growth and integrate key technologies across brands.

On May 16, 2025, Zika Group announced the launch of a unified intelligent driving assistance solution, AG Pilot, across its brands, featuring advanced systems like G Pilot H7 and H9. The Z can 9x model is equipped with level Ly ready capabilities, entering mass production by year-end. The Link can call 900 integrates Nvidia's driver AGX Orin platform and GAES technology. Lincoln Coast's upcoming EMP sedan will also adopt Nvidia's Solar Chip SOC and G Pipe 7 platform. In EV technology, the self-developed Golden Battery marks a new era in ultra-fast charging for lithium iron phosphate batteries, becoming one of the fastest globally. The group also launched the V4 Ultra fast Megawatt charger, with a peak single gun output of 1.3 MW, capable of simultaneous ultra-fast charging for multiple models across brands.

The company aims to strengthen its domestic store network, expand into lower tier markets, and accelerate global expansion beyond Europe with a unified sales approach. Positive customer feedback is anticipated for the Lincoln Code 0 8 EMP and Zika 7x models in international markets, supported by ongoing internal management reforms and a focus on the global premium markets.

In the first full quarter since the strategic integration of Zika and Lincoln Co., the company reports strong revenue growth, record margins, and enhanced profitability across all key metrics.

SGNA announced Q1 2025 expenses of 2.65 billion, marking a 9.2% YoY decrease and a 5.8% QoQ decrease, contributing to a narrowed net loss. The company noted improvements in revenue and spending efficiency, progressing towards sustainable profitability. Amidst this, SGNA addressed its pending privatization transaction, stating it will not comment further to comply with disclosure regulations, directing stakeholders to official disclosures for updates.

Management discusses the alignment of the first four months' sales volume with expectations, reaffirms the 2025 sales target of 710,000 vehicles, and highlights new model launches expected to boost sales. They also address the GDR provisional offering, emphasizing seriousness about the privatization process and offering support for further investor conversations.

Following the successful launch of recent models, the company has achieved significant customer recognition and order intake, exceeding expectations. With a focus on luxury segments and equipped with cutting-edge technologies including super electric hybrid power chains and smart active chassis, the new models are poised to set benchmarks in the full size luxury SUV market. This positive market performance and technological leadership instill confidence in achieving set targets for the year.

The Canon X and Zika ATX models, varying in size but sharing technologies, aim at distinct market segments. Calculations suggest the z can 9x and z K x models offer higher margins than current vehicles, targeting the tissue and eating class.

Despite slower growth in large vehicle and Eev sales, the company sees strong potential for super electric hybrids globally, targeting timely delivery to customers in China, Europe, GCC countries, and Southeast Asia.

A discussion highlights the introduction of a super hybrid technology offering superior driving performance, fuel efficiency, and maintenance benefits, aiming to set a new industry benchmark with expected annual contributions of 150,000 to 200,000 vehicles.