北汽蓝谷2025年预亏至少43亿元，同比收窄超32%

Core Viewpoint - Beiqi Blue Valley has announced a projected net loss for 2025, indicating a strategic focus on long-term investments in the new energy sector despite short-term financial pressures [1][3]. Financial Performance - The company expects a net profit attributable to shareholders of between -46.5 billion to -43.5 billion yuan for 2025, and a net profit excluding non-recurring losses of between -49.5 billion to -46.5 billion yuan [1]. - For 2024, the projected net loss is -69.48 billion yuan, with a net profit excluding non-recurring losses of -73.23 billion yuan, indicating an expected reduction in losses of at least 32% for 2025 [1]. Strategic Initiatives - Beiqi Blue Valley is implementing a "three-year leap" strategy, focusing on product development, brand enhancement, and sales channel expansion, which are seen as essential for building long-term competitiveness [3]. - The company anticipates a sales volume exceeding 200,000 units in 2025, representing a year-on-year increase of 84.06%, marking a significant milestone in its dual-brand strategy [3]. Technology and Innovation - The company is converting technological investments into competitive advantages, with the Alpha S (L3 version) undergoing large-scale road trials and plans for user access soon [3]. - A strategic partnership with Pony.ai is aimed at accelerating the commercialization of advanced autonomous driving technologies [3]. Future Outlook - Beiqi Blue Valley expects systematic improvement in profitability as new products are launched, cost reduction measures are implemented, and smart technologies enter the commercialization phase [5]. - The company emphasizes that achieving profitability is a systemic result driven by scale expansion, structural optimization, and operational quality improvements [5]. Operational Efficiency - The company reported a revenue of 5.87 billion yuan for Q3 2025, with a positive gross margin of 1.8%, and has seen revenue growth for three consecutive quarters [7]. - The ongoing improvement in profitability is attributed to steady sales growth, a shift towards higher-end product structures, and enhanced operational efficiencies [7].