Chery Auto (09973) released its annual financial performance, with a net profit attributable to shareholders of 19.019 billion yuan, a year-on-year increase of 34.6%.

CHERY AUTO (09973) announced its annual results for the year ended December 31, 2025. The group achieved revenue of 300.287 billion yuan, an increase of 11.3% compared to the previous year; the profit attributable to owners of the company amounted to 19.019 billion yuan, a 34.6% increase compared to the previous year; basic earnings per share were 3.43 yuan; and a final dividend of 0.86 yuan per share is proposed. In the current year, the majority of the group's revenue came from sales of fuel vehicles. The group's revenue increased by 11.3% from 269.897 billion yuan in the previous year to 300.287 billion yuan in the current year, reflecting the following: (i) Revenue from passenger vehicle sales increased from 246.822 billion yuan in the previous year to 272.352 billion yuan in the current year, a 10.3% increase, mainly due to technological innovation, a rich product portfolio, and market expansion, which enhanced product competitiveness and market recognition; (ii) Revenue from automotive components and parts sales increased from 15.864 billion yuan in the previous year to 21.725 billion yuan in the current year, a 36.9% increase, mainly driven by the rapid growth in passenger vehicle sales leading to an increase in demand for related parts and components, as well as overseas market sales growth in 2025; and (iii) Other income decreased from 7.211 billion yuan in the previous year to 6.210 billion yuan in the current year, a 13.9% decrease, mainly due to the reduction in production and support services related to several automotive products. In 2025, as one of China's most globally-oriented automotive groups, the group continued to maintain strong growth momentum. The company further enhanced its competitiveness through a diversified multi-brand strategy, expanding its business footprint to emerging and mature markets. Operational efficiency, global product attractiveness, and technology-driven differentiation are always the pillars of Chery's annual development. The group's multi-brand architecture enables it to attract a wide range of customers covering the mass market, high-end vehicle series, family vehicles, and smart electric vehicles. The group maintains a balanced product mix between fuel vehicles and new energy vehicles, and continues to accelerate the deployment of hybrid and smart electric vehicles. In the current year, leveraging its advantage in overseas markets, the group consolidated its position as China's leading automotive exporter. With the support of overseas production bases and localized operations, the group further expanded its sales and service networks in Europe, South America, Africa, and the Middle East. As of December 31, 2025, Chery operates 12 major production bases globally, including 2 overseas bases, achieving fast regional delivery, enhancing compliance with local regulatory requirements, and strengthening supply chain resilience.