The reduction in delivery guidance by Li Auto is a significant event that directly impacts investor perception and the company's market valuation. The premarket drop of 7.31% in LI shares reflects immediate investor reaction to the news. The strategic shift towards focusing on core user groups and cities with higher purchasing power for sustainable growth is crucial but also indicates potential short-term challenges in achieving previously set delivery targets. This news is likely to affect investor confidence and could lead to short-term volatility in LI's stock price.