Extreme Tech released its Q1 2025 financial report: revenue of 22 billion yuan, a comprehensive gross profit margin of 19.1%, reaching a historical high.

Jiuke Technology released its financial report for the first quarter of 2025. According to the report, Jiuke Technology's total revenue in the first quarter reached 22 billion yuan. Among them, the revenue from vehicle sales was 19.1 billion yuan, an increase of 16.1% year-on-year; the gross profit margin of vehicle in the first quarter was 16.5%, an increase of 3.4 percentage points year-on-year; the comprehensive gross profit margin rose to 19.1%, reaching a historical high; both brands achieved their best financial performance in history, with Jiuke Technology's net loss significantly narrowing in the first quarter, a decrease of over 60% year-on-year, achieving a profit of 5.1 billion yuan under Hong Kong accounting standards, with three consecutive profitable quarters. From January to April, Jiuke and Lynk & Co sold 155,327 vehicles, ranking first in the sales of high-end luxury vehicles among China's new forces.