Li Auto Inc. has provided a business update highlighting its continued progress in the electric vehicle market. The company's current model lineup features a high-tech flagship family MPV, four Li L series extended-range electric SUVs, and two Li i series battery electric SUVs. Since beginning volume production in November 2019, Li Auto has continued to expand its product offerings to reach a broader user base. The announcement emphasizes the company's focus on innovative electric vehicle technologies and smart vehicle solutions. However, Li Auto also notes several risks that could impact its performance, including challenges related to the development, manufacturing, and delivery of high-quality vehicles, changes in consumer demand, and fluctuations in government incentives or subsidies. The company acknowledges its limited operating history and highlights risks associated with extended-range and high-power charging battery electric vehicles, as well as the importance of maintaining its brand reputation and managing order cancellations. Li Auto states that all forward-looking statements are subject to inherent risks and uncertainties, and actual results may differ materially from expectations due to various factors, including business development strategies, financial results, and external market conditions. The board of directors, led by Chairman Li Xiang, advises shareholders and potential investors to exercise caution when dealing in the company's securities.