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"A citizen is walking past a Li Auto store in Hangzhou, China..."
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27 February 2024
A citizen is walking past a Li Auto store in Hangzhou, China, on February 27, 2024. Li Auto released its annual financial report on the evening of February 26, revealing that its revenue for 2023 was 123.85 billion Chinese Yuan, marking an increase of 173.5%. The net profit reached 11.81 billion yuan, and the gross profit margin for the year stood at 22.2%, making it the first new energy car enterprise in China to achieve an annual profit.
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