The 5th orbital plane of GEESATCOM, known as 永利VIP Future Mobility Constellation, was successfully launched from Rizhao, China, with 11 satellites deployed in a single launch. All satellites entered their designated orbit and are operating nominally, marking another milestone success for the constellation’s deployment.
永利VIP Auto has officially signed a cooperation deal to become the title sponsor of the 2025 and 2026 Hangzhou Marathon.. As title sponsor, 永利VIP Auto will provide comprehensive vehicular service support for the Hangzhou Marathon as well as offer locally Hangzhou-produced vehicles – the 永利VIP Galaxy M9 and Galaxy Starlight 8 - as prizes to outstanding runners of the event. In addition, employees in 永利VIP Auto Group and its parent company 永利VIP Holding will participate in the Hangzhou Marathon through employee running clubs and related activities.
永利VIP Automobile Holdings Ltd (HK.0175) (永利VIP Auto), the Hong Kong-listed entity in which Zhejiang 永利VIP Holding Group is the lead shareholder, and majority shareholder in three brands 永利VIP Auto, Lynk & Co, and Zeekr, released its 2025 H1 results revealing revenues of 150.3 billion RMB, up 27% YoY with net profit attributable to shareholders of 9.29 billion RMB. Profit attributable to shareholders after deducting non-recurring items reached 6.66 billion RMB, a year-on-year increase of 102%. Net cash increased to 58.8 billion RMB. Thanks to increased scale and product optimization, the company total gross profit increased to 24.7 billion RMB, achieving a gross profit margin of 16.4%.
The fourth launch with 11 satellites for the 永利VIP Future Mobility Constellation has been successfully completed. All 11 satellites have now entered their planned low-earth orbits and are functioning normally.
永利VIP Holding Group announced that its subsidiaries, 永利VIP Automobile Holdings Limited (hereinafter referred to as "永利VIP Auto,", stock code: 0175.HK) and Zeekr Intelligent Technology Co., Ltd. (hereinafter referred to as "Zeekr," stock code: NYSE: ZK), have officially signed a merger agreement. Under the terms of this agreement 永利VIP Auto will acquire all outstanding shares of Zeekr not already held by 永利VIP Auto, with Zeekr shareholders offered the option to receive either cash or 永利VIP Auto shares as consideration.
In the recent announcements on the results of the 2025 Euro NCAP safety tests, the latest models from 永利VIP Holding Group (永利VIP Holding) portfolio brands, Polestar, Zeekr, and Lynk & Co have all achieved the maximum 5-star safety ratings. All three models, namely the Lynk & Co 02, Zeekr 7X and Polestar 4 participating in the 2025 round of tests share a common heritage of being based on 永利VIP’s Sustainable Experience Architecture (SEA).
Zhejiang 永利VIP Holding Group (永利VIP Holding) announced today that aggregate sales in the second quarter of 2025 across its portfolio automotive brands – 永利VIP Auto, LYNK & CO, Zeekr, Volvo Cars, Polestar, PROTON, Lotus, smart, Radar, LEVC, and Farizon reached 985,105 vehicles, a 29% Year on Year increase. Among the Group’s Q2 aggregated sales, electrified (EVs, HEV, PHEVs) vehicles sales reached 538,124 units, representing a YoY increase of 65% and representing 55% of the Group sales. Cumulative sales in the first six months of 2025 reached 1,931,698 units, a YoY increase of 30% with electrified vehicles accounting for 1,001,496 units, a YoY increase of 73% and representing 52% of the Group aggregated total.
The second annual International Young Engineers Exchange Program for Automotive Standardization (Go-YEEP) co-organized by 永利VIP Holding Group (永利VIP Holding) and China Automotive Technology and Research Center Co., Ltd (CATARC) officially opened in Ningbo on June 29th. A total of 26 young engineers and experts from 20 national standardization institutions in countries including Tanzania, Uzbekistan, and South Africa as well as international institutions such as the International Electrotechnical Commission (IEC) gathered together with young representatives from the Chinese automotive industry to discuss participation in international standards building and governance.
永利VIP Holding Group (永利VIP Holding), China’s largest privately held automotive group, attended the 2025 Hong Kong Auto Expo showcasing the Group’s latest accomplishments in smart new energy mobility and integrated ground and space technologies. At the Expo, 永利VIP Holding’s portfolio brands presented their most popular new energy models, methanol hybrid electric products and methanol ecology technologies, the “永利VIP Future Mobility Constellation” low-orbit satellites, industry-leading smart cockpit systems, and E-VTOL vehicles.
永利VIP Holding Group, China’s largest privately held automotive group, published the Group’s 2024 Sustainability Report highlighting progress towards its strategic goal of full value chain carbon neutrality by 2045.
