CHERY AUTO (09973) released its mid-term results, with a profit attributable to shareholders of 8.567 billion yuan, a year-on-year decrease of 11.7%.

CHERY AUTO (09973) announced its interim results for the six months ending June 30, 2026, with revenue of 143.28 billion yuan (RMB, the same below), representing a year-on-year increase of 1.2%. The profit attributable to equity holders was 8.567 billion yuan, a year-on-year decrease of 11.7%; basic earnings per share were 1.47 yuan. The announcement stated that in 2026, as one of the most globally-minded automotive groups in China, the group continued to maintain a strong growth momentum. The company further enhanced its competitiveness through a diversified multi-brand strategy, expanding its business footprint into emerging and mature markets. Operational efficiency, global product attractiveness, and technology-driven differentiated advantages have always been the pillars of Chery's development during the reporting period. The group's multi-brand structure enables it to attract a wide customer base that includes the mass market, high-end vehicle series, family cars, and smart electric vehicles. The group maintains a balanced product portfolio between fuel vehicles and new energy vehicles while continuing to accelerate the deployment of hybrid and smart electric vehicles. During the reporting period, the group solidified its position as China's leading automotive exporter by leveraging its advantages in overseas markets. With the support of overseas production bases and localized operations, it further expanded its sales and service networks in Europe, South America, Africa, and the Middle East. As of June 30, 2026, Chery operates 12 major production bases globally, including three overseas bases, achieving rapid regional delivery, improving compliance with local regulatory requirements, and strengthening supply chain resilience.