GAC Group has disclosed that it is projecting a net loss, attributable to shareholders of the parent company, within the range of 4.06 billion yuan to 4.57 billion yuan for the first half of 2026. This forecasted loss is in contrast to the 2.538 billion yuan loss recorded during the same period the previous year. Throughout the reporting period, the domestic automotive market witnessed heightened competition, prompting the company to ramp up its sales investments for its self-owned brands. Concurrently, alterations in the product sales mix, coupled with escalating costs of upstream raw materials, contributed to a year-over-year decrease in profits for these self-owned brands. Moreover, joint venture brands encountered operational challenges, experiencing a year-over-year reduction in investment income. Additionally, fluctuations in exchange rates incurred exchange losses, exerting further pressure on profit margins.