Core Insights - The company reported a revenue of RMB 77,322.1 million for the six months ending June 30, 2025, representing a year-on-year decrease of 6.2% [1] - The profit attributable to the parent company was RMB 1,011.4 million, a decline of RMB 568.2 million or 36.0% compared to the previous year [1] Financial Performance - The after-sales service revenue reached RMB 11.45 billion, showing a year-on-year growth of 4.4% [1] - The gross profit from after-sales services was RMB 5.44 billion, which is an increase of 8.1% year-on-year [1] - The strong financial performance was supported by 4.54 million active customers, leading to 4 million after-sales service visits, both of which increased by 15.2% and 1.7% year-on-year, respectively [1]

Core Viewpoint - H harmonious Automotive (03836) has seen a significant increase in stock price, rising over 26% and currently trading at 1.52 HKD with a transaction volume of 6.5188 million HKD, indicating strong market interest and performance [1] Group 1: Company Performance - BYD reported approximately 80,000 units of exported new energy vehicles in July, with total export sales exceeding 500,000 units from January to July 2023, showcasing robust growth in international markets [1] - Longcheng Securities highlighted that BYD's monthly overseas sales of new energy passenger vehicles have steadily increased, with overall sales accounting for over 20% of total sales [1] - BYD's export volume is projected to rise from 240,000 units in 2023 to over 500,000 units in the first seven months of 2025, demonstrating the company's strong market expansion capabilities [1] Group 2: Global Expansion Strategy - BYD Group Chairman Wang Chuanfu recently inaugurated the 100th overseas store of H harmonious BYD, named BYD Caroline Springs, indicating the company's commitment to global expansion [1] - Since 2023, H harmonious Automotive has accelerated its global expansion strategy, acting as a dealer for BYD and Tengshi in various regions across Asia and Europe [1] - In just two years, H harmonious Automotive has successfully opened 100 BYD stores, reflecting its rapid growth and market penetration [1]