$Li Auto(LI)$ The premise is that other models have not launched SUVs. I don’t know how long it can last depending on the progress. The first quarter performance is actually not in line with expectations. The profit margin is still too low. Part of the sales expenses should also be calculated as operating costs, because there is no Huawei Cyrus. Less than that, the ideal net profit in 2023 is more than 10 billion, and now the market value is only more than 200 billion. According to the progress, if Huawei and Cyrus do not produce new products or new technologies by the end of the year, they are likely to lose money again. If they lose money again this year, they will be marked.
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