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BAIC Motor made an announcement on the Hong Kong Stock Exchange, revealing that the net profit attributable to the company's equity holders is anticipated to range from approximately RMB 110 million to RMB 130 million in 2025. This projection indicates a substantial year-on-year decline of 86.4% to 88.5%. The company explained that, owing to heightened competition within the automotive sector and shifts in the industry landscape during 2025, the group's annual vehicle sales did not meet the anticipated levels. Furthermore, the introduction of numerous new models, initiatives aimed at bolstering the brand image, expedited channel expansion, and augmented market investments have all collectively led to a notable decrease in net profit when compared to the previous year.
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