【招银国际】–1H24 results beat and a resilient strategy.pdf

May NEV retail share to hit 45%; NIO beat

5-1 sales beat but competition intensified

网易云《声音主题beat大赛 》-商务通案

1Q24 beat on strong margins; Positive on upbeat SU7 delivery target

4Q22 beat; FY23E margins likely overestimated

1Q23 results beat and gradual recovery is likely

The first results beat in a long while

1Q24 core earnings beat estimates; Shifted to profitable growth strategy

1Q23 beat with sustainable profitability ahead

–1H23 results marginally beat; continue to implement “1+2+N” strategy