SAIC Motor's 2025 Net Profit Surges Over 400% Amid EV Turnaround

[Financial Turnaround] SAIC Motor Group forecasts attributable net profit for 2025 to reach RMB 9.0 billion to RMB 11.0 billion, a year-over-year surge of 438% to 558%.

Core Developments: From a RMB 5.4 Billion Loss to RMB 7.0 Billion Profit—Driven by the "New Three Pillars"

Shangjie H5 achieves monthly sales exceeding 10,000 units; MG4, equipped with semi-solid-state batteries, becomes a bestseller; and Roewe M7 DMH delivers an industry-leading combined range of over 2,000 kilometers—precisely addressing users’ core demands for safety, space, and intelligence.

Strategic Foundation: Dual Drivers of Organizational Restructuring and Technological Innovation

SAIC has enhanced operational efficiency by integrating resources under a unified Passenger Vehicle Management Committee and rapidly transformed cutting-edge technologies—such as super-range extended EVs and semi-solid-state batteries—into distinctive product features, embodying its philosophy of "understanding cars and understanding you better."

Key Metrics: Non-GAAP Net Profit Jumps Over 200%

In 2025, net profit excluding non-recurring gains and losses is projected at RMB 7.0 billion to RMB 8.2 billion, marking a fundamental turnaround from the RMB 5.4 billion loss recorded in 2024.