The Momentum of New Energy Transformation Is Robust, and Automotive Industry Chain Companies Are Seeing Improved Performance
2025-10-29 / Read about 0 minute
Author:小编   

Recently, the third-quarter reports for 2025 of listed companies in China's automotive sector have been released in succession, with many firms demonstrating positive results. Traditional automakers, such as GAC Group and SAIC Motor, are actively undergoing transformation, experiencing narrower losses and increased sales. Specifically, GAC Group reported revenue of RMB 31.527 billion in the third quarter, marking a year-on-year increase of 58.58%, and a net profit of RMB 2.312 billion, up 144.07% year on year. For the first three quarters of the year, the company's revenue reached RMB 79.976 billion, a 45.1% increase year on year, while its net profit was RMB 8.062 billion, a 52.59% rise year on year.

SAIC Motor, meanwhile, sold a cumulative total of 3.193 million vehicles in the first three quarters, a 20.5% increase year on year, with terminal retail sales of 3.378 million vehicles, leading the domestic automotive industry.

Companies in the new energy vehicle (NEV) industry chain, such as CATL and Xiamen Tungsten New Energy, are also accelerating their development by leveraging their respective strengths, with outstanding performances reflected in their third-quarter reports. CATL reported revenue of RMB 283.072 billion for the first three quarters, a 9.28% increase year on year, and a net profit of RMB 49.034 billion, a 36.2% rise year on year. Xiamen Tungsten New Energy, on the other hand, reported revenue of RMB 13.059 billion for the first three quarters, a 29.8% increase year on year, and a net profit of RMB 552 million, a 41.54% rise year on year.