Zhejiang Shibao has announced its financial results for the first half of 2025, reporting an operating revenue of RMB 1.524 billion, marking a 35.32% increase from the same period last year. Net profit attributable to shareholders of the parent company stood at RMB 93.0344 million, representing a robust 39.09% year-on-year growth. Basic earnings per share amounted to RMB 0.1131. This positive performance growth is attributed to the accelerating trends of electrification, intelligence, and globalization within the automotive industry, coupled with the expanding market share of Chinese brand passenger vehicles.
