来源：Gangtise投研

雅迪控股 (01585.HK) 雅迪控股业绩预告解读：尽管2024年下半年公司面临经营压力，但对2025年的恢复持乐观态度，并已在产品和渠道上做了充分准备。2025年，公司计划推出更具卖点的冠能系列电动车，并针对腰部产品如摩登系列和经典系列开发了波频电池，提升产品竞争力。石总还提到，飞跃系列将在明年旺季推广，尽管销量占比不大，但对技术进步有积极影响。雅迪在产品、渠道和供应链上的准备比2024年更充分，预计2025年行业增速在10%~20%，公司销量指引为1600万到1800万之间，收入和利润增长预期更快。会议中还讨论了经销商补贴、终端数字化系统推进比例、研发费用和销售费用等问题。

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