LEAPMOTOR (09863.HK) -0.550 (-0.957%) Short selling $37.37M; Ratio 4.986% 's 1Q25 net profit improved from approximately RMB80 million in 4Q24 to about RMB130 million during the period, according to CCBI's research report. Net profit margin was 1.3%, while gross profit margin was 14.9%, approaching the upper limit of the Group's annual target of 10-15%.CCBI maintained its 2025/ 2026 sales forecasts unchanged at 504,000/ 700,000 units each, and raised its net profit forecasts to RMB388 million/ RMB1.643 billion to reflect higher production efficiency and increased overseas consumption potential driven by new models. Related NewsCiti: BYD's Price Cut Raises EV Penetration, Bodes Well for Hesai & HORIZONROBOT-WThe broker also elevated its target price from $73.2 to $86.1, with rating kept at Outperform. (HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-05-27 16:25.)