Jianghuai Automobile anticipates incurring a net loss of 680 million yuan in the first half of 2025, marking a significant shift from profitability to loss compared to the same period last year. This downturn is attributed to the intricate international landscape and heightened competition within the overseas automotive market, which has adversely impacted the company's export business. Furthermore, the high-end intelligent new energy passenger vehicle project is still in the initial stages of ramping up production capacity and has yet to achieve economies of scale.
