YONGDA AUTO(HK:03669) Zhi Tong Cai Jing·2025-09-03 02:05Core Viewpoint - Yongda Automobile (03669) shows strong performance in the first half of the year, particularly in its new energy vehicle (NEV) segment, which has seen significant growth despite market challenges [1] Financial Performance - Yongda Automobile's revenue increased by 11.82% year-on-year to 1.219 billion yuan, supported by the growth in its NEV business [1] - The sales volume of independent NEV brands rose by 49.0% year-on-year to 10,312 units, with an average selling price of 267,300 yuan [1] Strategic Developments - The company added 30 new NEV brand authorizations and established 14 new NEV stores, with 13 of them dedicated to the Hongmeng Zhixing brand, while closing 12 traditional brand stores [1] - Yongda is accelerating its transition towards the NEV sector, indicating a strategic shift in its business model [1] Innovation and Future Growth - The company is exploring innovative business areas such as battery recycling and smart robotics, as well as actively applying AI technology to foster new growth points for long-term development [1] - The forward-looking strategic layout is expected to gradually release value for the company [1]