【9973 Results】Chery Automobile Full Year Earnings Up 34.5%，Final Dividend of 0.86 RMB Per Share

SocialAnxietyStaker · 2026-03-18T06:59:15+00:00

Chery Automobile announced its performance for last year, with annual profit increasing 34.6% to 19.019 billion yuan, and revenue up 11.3% to 300.287 billion yuan, mainly driven by fuel vehicle sales. The company plans to expand its market through diversification strategies in 2025 and strengthen electrification and intelligent technology. It will continue to implement its globalization strategy to enhance competitiveness and overseas business.

SocialAnxietyStaker

2026-03-18 06:59:15

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Chery Automobile (09973)
Announced full-year results as of the end of December last year, with a net profit of 19.019 billion yuan (RMB), up 34.6% year-on-year. Earnings per share were 3.43 yuan. Final dividend of 0.86 yuan was declared.

Revenue for the period was 300.287 billion yuan, an 11.3% increase year-on-year, mainly from fuel vehicle sales. Among them, passenger car sales revenue increased by 10.3% to 27.2 billion yuan, primarily due to technological innovation, a diverse product portfolio, and market expansion, which enhanced product competitiveness and market recognition.

The company stated that in 2025, the group will maintain strong growth momentum, further enhance competitiveness through a diversified multi-brand strategy, and expand its business footprint into emerging and mature markets. Supported by overseas production bases and localized operations, it will further develop sales and service networks in Europe, South America, Africa, and the Middle East. As of the end of last year, Chery operated 12 major manufacturing bases worldwide, including 2 overseas facilities.

The multi-brand structure also enables Chery to attract a broad customer base covering mass-market, high-end vehicles, family cars, and smart electric vehicles. It maintains a balanced product portfolio between fuel vehicles and new energy vehicles, and continues to accelerate the deployment of hybrid and smart electric vehicles.

Will continue to implement a globalization strategy

Looking ahead, the group’s five major brands form a complementary brand layout. By 2026, it plans to further expand its product lineup, sharpen product positioning, invest heavily in new technology R&D, and continuously strengthen the electrification and intelligence of passenger cars. It will also implement a globalization strategy to further consolidate and expand its overseas advantages.

Source: HKEX Announcement

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