Chang'an Auto Board Secretary Zhang Deyong: Avitar Aims for Break-even by 2026
2025-05-27 / Read about 0 minute
Author:小编   

During the 2024 Annual General Meeting on May 27, Zhang Deyong, Secretary to the Board of Chang'an Auto, shared insights into the company's financial projections. He revealed that Deep Blue Automobile anticipates reaching break-even point when its monthly sales surpass 30,000 units this year. Additionally, Zhang noted that Avitar, currently in its investment phase, aims to achieve break-even by 2026, a feat that he acknowledged would be more challenging than for Deep Blue Automobile. According to Chang'an Auto's 2024 annual report, Deep Blue Automobile sustained a net loss of RMB 1.57 billion in the previous year, while Avitar reported a net loss of RMB 4.018 billion.