FAW Jiefang(SZ:000800) 第一商用车网·2025-07-13 12:03Core Viewpoint - The company is forecasting a significant decline in net profit for the first half of 2025, attributed to intensified competition in the commercial vehicle market and a shift in energy structure, leading to decreased sales and profitability [1][2]. Financial Performance Summary - The net profit attributable to shareholders is expected to be between 18 million and 22 million yuan, a decrease of 96.45% to 95.66% compared to the same period last year, where it was 506.81 million yuan [2]. - The net profit after deducting non-recurring gains and losses is projected to be a loss of between 373.38 million and 377.38 million yuan, a decline of 231.53% to 232.94% from a profit of 283.88 million yuan in the previous year [2]. - Basic earnings per share are estimated to be between 0.0037 yuan and 0.0045 yuan, down from 0.1096 yuan per share in the same period last year [2]. Market Environment and Strategic Response - The company acknowledges that the commercial vehicle market is entering a phase of stock competition, with structural differentiation in products due to accelerated energy transition [2]. - In response to the current market conditions, the company plans to dynamically optimize its product structure, accelerate breakthroughs in core technologies, and strengthen cost control to enhance market competitiveness and profitability [4].