Core Viewpoint - China National Heavy Duty Truck Group (China National Heavy Duty Truck) reported a mid-year performance for 2025, showing a revenue increase driven by domestic economic stability and growth in overseas heavy truck markets [1] Financial Performance - Revenue reached approximately 50.878 billion yuan, representing a year-on-year growth of 4.21% [1] - Profit attributable to equity shareholders was about 3.427 billion yuan, up 4.03% year-on-year [1] - Earnings per share stood at 1.25 yuan, with an interim dividend of 0.74 Hong Kong dollars per share [1] Segment Performance - The heavy truck division generated total revenue of 44.229 billion yuan, reflecting a 4.0% increase year-on-year [1] - The operating profit margin for the heavy truck division was 6%, consistent with the same period last year [1] - Heavy truck sales reached 136,514 units, marking a 9.2% increase compared to the previous year [1] Light Truck and Other Divisions - The light truck and other divisions achieved total revenue of 7.252 billion yuan, a year-on-year increase of 7.1% [1] - The operating loss margin for the light truck and other divisions was 2.4%, an increase of 0.5 percentage points from the same period last year [1] - Sales of light trucks amounted to 62,816 units, which is a 10.4% increase year-on-year [1]