Core Viewpoint - SAIC Motor Corporation Limited reported a consolidated revenue of 299.59 billion yuan for the first half of 2023, marking a year-on-year increase of 5.2% and a net profit attributable to shareholders of 6.02 billion yuan [1] Financial Performance - The company achieved a total vehicle wholesale of 2.053 million units, reflecting a year-on-year growth of 12.4% [1] - Retail sales of vehicles reached 2.207 million units, maintaining the top position in the domestic industry [1] - The sales of self-owned brands amounted to 1.304 million units [1] Business Strategy - SAIC has implemented integrated management for its passenger and commercial vehicle businesses, enhancing operational efficiency and market responsiveness [1] - The large passenger vehicle segment has adopted Huawei's Integrated Product Development (IPD) and Integrated Product Management System (IPMS) methodologies [1] New Product Development - SAIC launched a new brand "SAIC Shangjie" in collaboration with Huawei, featuring Huawei's smart travel solutions and leveraging SAIC's advanced manufacturing capabilities [1] - The company is actively advancing the development of second-generation solid-state batteries and has partnered with OPPO to create a new intelligent cockpit, with these technologies already in mass production in the new MG4 model [1] International Market Performance - The MG brand has successfully navigated challenges such as the EU's anti-subsidy tax, achieving a total delivery of 153,000 units in Europe, a year-on-year increase of 16%, making it the best-selling Chinese brand in the European market [1] Future Outlook - Upcoming models include the Roewe M7DMH, the new MG4, the next-generation LS6 and LS9 from Zhiji, the first model from the SAIC-Huawei collaboration, the Shangjie H5, the Audi E5 Sportback, and the Buick high-end sub-brand "Zhijing" [1]

Core Viewpoint - SAIC Motor Corporation reported strong financial performance in the first half of 2025, with significant growth in revenue, net profit, and cash flow, indicating a robust operational strategy and market position. Financial Performance - The company achieved a consolidated revenue of 299.59 billion yuan, a year-on-year increase of 5.2% [1] - The net profit attributable to shareholders was 6.02 billion yuan, with a non-recurring net profit of 5.43 billion yuan, reflecting a substantial year-on-year growth of 432.2% [1] - Operating cash flow reached 21.04 billion yuan, marking an 85.9% increase compared to the previous year [1] Sales and Market Position - SAIC sold 2.053 million vehicles in the first half of the year, representing a 12.4% year-on-year increase, maintaining the top position in the domestic market [1] - Retail sales reached 2.207 million vehicles, with self-owned brand sales at 1.304 million units, up 21.1%, accounting for 63.5% of total sales [1] - New energy vehicle sales totaled 646,000 units, showing a growth of 40.2%, while overseas sales reached 494,000 units, a 1.3% increase [1] Operational Strategy - The company implemented integrated management for passenger and commercial vehicle businesses, enhancing operational efficiency and market responsiveness [2] - The passenger vehicle segment adopted Huawei's integrated product development and marketing systems, optimizing numerous business processes and reducing product development cycles to 18 months [2] - The commercial vehicle segment established a dedicated board to improve organizational structure and resource collaboration, enhancing sales service efficiency [2] New Product Development - SAIC launched a new brand "SAIC Shangjie" in collaboration with Huawei, focusing on durable, safe, and reliable vehicles, with the first model, Shangjie H5, receiving over 50,000 pre-orders within 18 hours [2] - The MG brand delivered 153,000 units in Europe, becoming the best-selling Chinese brand in the region, while the IM5 and IM6 models expanded into markets like Thailand, the UK, and Australia [3] - The company is advancing second-generation solid-state battery development and has partnered with OPPO for a new intelligent cockpit, with new models like MG4 and LS6 already in pre-sale [3] Future Outlook - Upcoming launches include the Roewe M7DMH, new MG4, and the first model from the SAIC-Huawei collaboration, which are expected to enhance the company's sales structure and brand performance [3]