On January 6, Gelonghui reported that Jefferies Financial pointed out that Geely Autos' total sales last year rose by 29% year-on-year to 2.2 million units, exceeding its sales target of 2 million units by 9%. The company announced a sales target of 2.71 million units this year, which represents a year-on-year growth of 25%, compared to the firm's industry forecast of approximately 4% year-on-year growth. Among them, the sales targets for the Geely, ZEEKR, and Lynk & Co brands are set at 2 million, 0.32 million, and 0.39 million units respectively, representing year-on-year growth of 20%, 44%, and 37%. In addition, Geely plans to sell 1.5 million Electric Vehicles (NEVs) this year, with a penetration rate exceeding 55%. The firm believes that with the growth of Geely's export sales, its Electric Vehicle brand is starting to turn profitable, and with the favorable shift in product mix, Geely's profit growth cycle has only just begun. The firm raised its profit forecast for Geely for the next two years to 14.4 billion and 20.1 billion yuan, with the target price increased from 17.8 to 20 Hong Kong dollars, reaffirming the 'Buy' rating.