Yutong Bus reported revenues of 16.129 billion yuan for the first half of 2025, marking a slight year-over-year decline of 1.26%. However, the company's net profit attributable to shareholders surged 15.64% year-on-year to 1.936 billion yuan. As a result, Yutong Bus plans to reward shareholders with a dividend of 5 yuan (tax inclusive) per 10 shares. This performance upswing is primarily fueled by robust sales growth in three key markets: large and medium-sized buses, exports, and new energy vehicles. In the first six months, total bus sales reached 21,300 units, up 3.73% year-on-year, with sales of large and medium-sized buses experiencing a remarkable 127.49% increase. Additionally, exports of large and medium-sized buses jumped 33.19% year-over-year, while domestic sales of large and medium-sized new energy buses soared 57.8% year-on-year. Looking ahead, Yutong Bus anticipates a modest uptick in market demand in the second half of the year, primarily driven by the new energy bus "trade-in" policy and the implementation of "bus city" projects.