On August 20, Founder Motor released its semi-annual report, revealing a revenue of 1.717 billion yuan for the first half of the year, marking a year-on-year increase of 35.77%. The net profit attributable to shareholders reached 24.3765 million yuan, a stark contrast to the 7.1962 million yuan loss recorded in the same period last year, thus successfully turning losses into profits. Throughout the reporting period, the company's performance was bolstered by growth in sales revenue from drive motors and automotive electronics.
