理想汽车-W2025年度报告

理想汽車 (於開曼群島註冊成立以不同投票權控制的有限責任公司)股份代號 : 2015 2025年度報告 2 3 5 9 14 32 37 71 80 82 157 158 33191912 PO Box 309Ugland HouseGrand Cayman KY1-1104Cayman Islands 22 1831717121716 Maples Fund Services (Cayman) LimitedPO Box 1093, Boundary Hall, Cricket SquareGrand Cayman KY1-1102, Cayman Islands 7088 2015 LI 11101399 ir.lixiang.com 2025(AI)AI 20SUV2025406,3431,540,2151,12311 2025SUV 2025MEGA UltraLMEGA HomeMEGA202550MPV 2025SUVi8SUVi65CCLTC72010500VLAi833.9820258i624.9820259202510 202511(C-AHI)i8202512i6 AI202512AILivis1,99936AILivis OSLivisLivis75% 202511310.1%AI202512316,041 VLA20259AD Max+VLAVLA202530.799.5%20251,200 2025MindGPT 3.1AgentAppApp 510010020252026 OS202542025916OSOS 5C5C0%80%3001,50080%NVH AIAILi-MOS 2025L9L7L6 202520251231159548224561 20252,18012,551202512313,90721,6511,200G318201382,6002803.520252504C5C70%20256 (ESG) 20257MSCI ESGAAAESG 202695,14220263311605172235524,05722,439 202613(C-IASI)i8i6G 2026AIAI 202412311,44522.3%202512311,123 202412311,38523.0%202512311,067 20241231594.9%20251231562024 202412311,14820.4%20251231913 2024123129729.2%202512312102024123120.5%2025123118.7% 2024123119.8%2025123117.9% 202412311112.2%202512311132024 2024123112212.8%202512311072024 20251231521.12024123170 20241231185.4%2025123119 202412311387.6%20251231157.7 202412318085.8%2025123111 202512312202412311,12810.3%202512311,012 2025123112 20251231 20251231 202512311220251231 20251231 2025123152.6%2024123156.1% A 20251231 20251231632024123164 2025123113120241231150 2025123130,72820251231 20251231 201920202021 20251231 3236 20174282021812A 202512311 5513 2025123120-F ••••••••• • •••••• 20251231A24A 202142023720237336.2202423.60.1%20240.1%20251231632024834.1%20245.1% 8894 • •••• • • 20011211200891020162620224750%202251202448AppICPAppAppApp2024AppAppAppAppAppICP 20217ICP(i)ICP(ii)ICP 2025123120251231 20251231 20242025123120251231 2021421202373 2021421202373 2021421202373 2021421202373 (i) (ii)(iii)(iv)(v) 2021421 A 5%A AA A (i)20251231(ii)20251231(iii)20251231(iv)(v)(vi) 300074014A.561723 (i) (ii) (iii) (iv) ABAB 20251231 (1)2028(2)AB4,693,246A(3)A(4)A 20251231355,812,080B108,557,400A(i)(ii)2028(iii)4,693,246A(a)21.69%(b)68.03%(c)17.55%Cyric Point Enterprises LimitedAmp Lee Ltd.BCyric Point Enterprises Limited B1:1A20251231BA355,812,080AA16.62%8A.22BB (i)8A.17(1)(2)(3)(4) (ii)BB8A.18 B8A.18(2) (iv)BA 20251231202512311.7%2025123124.8% 202512315% 1 202512318 20251231 2025123118.120241.8 20214862.50.25%20282028202711120285120271111,00035.281828.3420280.25%2021111511112028202451202651100%20282024327202820244292028862,500,000Deutsche BankTrust Company Americas202141220281,00035.2818202830,430,55260,861,104A60,861,104A2.74%20282028 2025123120251231 20251231 20251231 46920251231 20251231791820251231630 20251231952024842025123112 2021727 20221210202311 20217272021727202183 2021727 20251231 2019202028 2829 20251231 20251231 20251231 2025123118 8.10 13.2013.2113.22 20251231 2026410 20251231 44 2520ATHM25181999201562015520189NIO Inc.NIO986620175202112002405 4820167 200832016620028200822021112273 201971999720026 512023112015920116 19952003 472019720189369020102005RENN2007520075200972025331 2001720051 472019720201019996201610 20007 55199742011 2019120256300413202392025401024201932022468836320153202111601288128820178 199471997320041 20207 2021822462022620185HUYA2023698852023396692014102001820092201862023566081999720015 52 15202052020925592017420201CMCM20142201510JFU2008920143Skadden, Arps, Slate, Meagher & Flom LLP2000120067BWA 1995719986199912200852009120134 47202212122022718BGOSBABA9988AliOS 20012003 20207201812020720126201712 20108 Vistra2020034 2025123113.51B(1) 20251231 ••••• 20251231 C1 C1 C.2.1 A2021812 C3 20251231 3236 C.5.114 20251231582026630 3.13 B.2.2 29 C1C.1.2C.1.6C.1.7 3.21 420252024123120253312025930 3.25 2 200,0001220256151220192025615 3.27A8A.27 8A.288A.30 2 (a)(b)(c)(d)(e) (f)8A.148A.158A.188A.24(g)8A.35(h)(i)(j)8A.30 (i)(ii)8A.178A.30(4)(6)(iii)8A.148A.15 8A.188A.24 2021127 20251231 (1) (1) 8788 2021727(i)(ii) 2021225 (i)(ii)(iii)(iv) ••••••• 20251231 20251231 20251231 7174 ESG ••• 2025(ERM) ESGESG Vistra 3.2915 20251231 (1)(2)(3)(4) 68212121 11101399010-87427209ir@lixiang.com 2021727 (a) (a)(b)(c)(d)(e)(f)( www.hkex.com.hk ) (b) (c) (https://ir.lixiang.com/) (d) (e) www.computershare.com/hk/contact+852 2862 85551831717121716 11101399 20251231 20251231XV(a)XV78(b)352(c) (1)202512312,140,882,2681,785,070,188A355,812,080B20251231 (2)Cyric Point Enterprises LimitedAmp Lee Ltd.355,812,080B108,557,400ACyric Point Enterprises LimitedAmp Lee Ltd.AB(3)Sea Wave Overseas Limited14,373,299ASea Wave Overseas LimitedDay Express Group LimitedDay Express Group LimitedSea Wave Overseas LimitedA(4)10,000,000A400,000(5)9,000,000A407,680A(6)Zijin Global Inc.109,803,276AZijin Global Inc.Songtao LimitedSon