FOTON(SH:600166) Ge Long Hui A P P·2026-01-29 08:16Core Viewpoint - Foton Motor (600166.SH) expects to achieve a net profit attributable to shareholders of 1.33 billion yuan in 2025, an increase of 1,251% compared to the previous year [1] Financial Performance - The company anticipates a net profit of 820 million yuan after deducting non-recurring gains and losses, marking a turnaround from losses with an increase of 1.03 billion yuan year-on-year [1] - The main business profit is expected to be approximately 820 million yuan, indicating a return to profitability [1] Strategic Initiatives - The company is committed to advancing its comprehensive internationalization, electrification, and intelligentization strategies, capitalizing on structural market opportunities from policies like "trade-in" [1] - Foton Motor aims to enhance its overseas property development process, projecting total sales of 650,000 units, a year-on-year increase of 5.85% [1] - The sales of new energy vehicles are expected to reach 101,200 units, reflecting a significant year-on-year growth of 87.21% [1] - Sales in overseas markets are projected to be 164,500 units, up 7.27% year-on-year [1] Profit Growth Drivers - Innovations in marketing models and after-market services are identified as new profit growth points [1] - The company is focused on reducing costs and increasing efficiency across the entire value chain, with a systematic transition to a "matrix" management structure, resulting in a year-on-year decrease in expense ratio [1] - Non-recurring gains are estimated at approximately 510 million yuan, primarily from government subsidies [1]