HK Stock Market Move | CHERY AUTO (09973) rose more than 5% after the performance announcement. Annual net profit attributable to shareholders increased by 34.6% year-on-year. The company's transformation to new energy vehicles is accelerating.

CHERY AUTO (09973) rose more than 5% after the performance, rising 3.97% to HK$29.32 as of the time of writing, with a turnover of HK$57.225 billion. On the news front, on March 18, CHERY AUTO released its annual performance for the year ended December 31, 2025. The group achieved revenue of RMB 300.287 billion, a year-on-year increase of 11.3%; the net profit attributable to the owners of the company was RMB 19.019 billion, a year-on-year increase of 34.6%; basic earnings per share was RMB 3.43; and a final dividend of RMB 0.86 per share is proposed to be distributed. Most of the revenue of the group in this fiscal year came from the sale of fuel vehicles. CICC pointed out that the company's total sales volume in 2025 was 2.631 million vehicles, a year-on-year increase of 14.6%, with exports reaching 1.294 million vehicles, a year-on-year increase of 33.2%, outperforming the industry and further reducing dependence on a single market. In terms of new energy, the domestic sales volume of new energy models increased by 14% to 500,000 vehicles, while international sales of new energy increased by 6.8 times to 328,000 vehicles. In terms of revenue breakdown, the proportion of new energy revenue increased to 33%, and the revenue from auto components and parts increased by 37%, showing a bright performance.