激情丁香小说-激情国产欧美一区二区三区-激情国产一区二区三区-激情国产一区二区三区四区小说-激情黄色-激情黄网

CIMC Vehicles Sustained Performance Growth in the First Three Quarters, with Net Profit Rising by 244.6% year-on-year to RMB2.277 Billion

2023.10.27

(25 October 2023, Hong Kong) As the world’s leader in the sophisticated manufacturing of semi-trailers and specialty vehicles, CMIC Vehicles (Group) Co., Ltd. (“CIMC Vehicles” or the “Group”, Stock code: 301039.SZ/01839.HK) published its financial report for the third quarter of 2023. In the first three quarters of 2023, CIMC Vehicles fully implemented the core strategic measures while starting a business for the third venture. With breakthroughs in its operations, the Group sustained its growth in performance. It sold 116,273 units/sets of vehicles of various types worldwide, maintaining its world-leading position in manufacturing semi-trailers for the eleventh year in a row.

The Third Quarterly Report of 2023 revealed that CIMC Vehicles achieved revenue of RMB19.568 billion from January to September 2023, a year-on-year increase of 12.42%; the net profit attributable to shareholders of the Company reached RMB2.277 billion, a significant year-on-year increase of 244.64%; the net profit attributable to shareholders of the Company after deducting non-recurring gains or losses was RMB 1.404 billion, a significant year-on-year increase of 112.59%; basic earnings per share reached RMB 1.13, a year-on-year increase of 242.42%; and weighted average return on net assets was 16.62%, a year-on-year increase of 11.10 percentage points.

With Steady Improvement in Profitability, the Six Major Businesses or Groups Demonstrated Strength

Since 2023, there has been a complex and severe international environment. European and US governments have continued to raise interest rates, inflation has continued, and the recovery of the global manufacturing industry has diverged. As China's economy shifts to a new stage of high-quality development, the Chinese government's implementation of a series of stabilizing growth policies has effectively consolidated resilient economic growth. As the endogenous driving forces have strengthened, economic and consumption recovery has emerged, and the domestic heavy truck industry has been poised for recovery.

From January to September 2023, the Group actively seized growth opportunities in overseas markets, and its profitability in the global semi-trailers market was improved. Specifically, the supply and demand situation in the North American semi-trailer market is gradually returning to stableilizing. North American Business has firmly seized the market opportunities and achieved year-on-year growth in profitability. Furthermore, the Group has achieved strong business growth in the European and emerging markets, with a year-on-year improvement in profitability. The business in the Chinese market maintained a stable development trend and gained market share in market segments.

image001.jpg

Champion Tanker Business Group: New Energy Concrete Mixer Truck

In terms of the six major businesses or groups, Light Tower Pioneer Business Group implemented the strategic initiative of structural reform of the domestic semi-trailer production organization, promoted the comprehensive reshaping, optimized and streamlined personnel, thereby increasing the gross profit margin of domestic semi-trailers year-on-year. Moreover, Light Tower Pioneer Business Group seized the opportunity of strong demand in emerging markets. It developed and integrated channel resources, increasing the revenue and gross profit margin of the semi-trailer business in emerging markets year-on-year. North American Business continued its growth momentum and consolidated its intercontinental operation niche, improving both revenue and gross profit margin year-on-year. European Business has achieved remarkable results in cost reduction and efficiency increase and made a profit breakthrough. Champion Tanker Business Group has moved forward against the headwind and started exploring overseas markets, increasing its market share, sales, and revenue year-on-year. TB Business Group – Dump Truck Business innovated and explored new energy development. TB Business Group – Urban Distribution Van Truck Bodies Business optimized organizational development and promoted business transformation.

“Star-chained Manufacturing Network” has Reached New Stage, and the Commercialization Process of Integrated New Energy Tractor and Trailer Products is Accelerating?

In 2023, the Group launched the “Star-chained Manufacturing Network”, committed to promoting the structural reform of China's semi-trailer production organization, breaking through the bottleneck of the semi-trailer business, bringing about end-to-end business model changes, and promoting potential improvements in sales and profits. Eventually, the Group will achieve the vision of high-quality industry integration, distribution model innovation, and continuous improvements in market share and profitability.

While starting the third venture, CIMC Vehicles actively integrated the production, circulation, distribution, and consumption resources of seven domestic semi-trailer plants. Presently, the new organization of “Star-chained Manufacturing Network” has been well formed. The Star-chained LTP production line investment will be implemented. The Group has also built an innovative and entrepreneurial platform that supports new energy tractors and trailers and provides integrated solutions for transforming traditional tractors and trailers, accelerating the commercialization of new energy semi-trailers.

image004.png

Star Chain Series Product:Modular flatbed trailer

Looking ahead, CIMC Vehicles will pool superior resources to promote all businesses under the “National Unified Market for Commercial Vehicle and Specialty Vehicles”. Meanwhile, the Group will rely on innovation to drive endogenous growth and steadily improve the operational quality of six major businesses or groups. Additionally, CIMC Vehicles will adhere to the new development concept of “innovation, coordination, green, openness, and sharing” to continue forging the endogenous force for starting the third venture and contribute to the construction of Chinese modernization.

主站蜘蛛池模板: 国产91福利| 欧美 国产日韩 综合在线 | 欧美在线视频网 | 青青草成人免费现看 | 色爱区综合五月激情 | 91视频你懂的 | 日韩视频在线精品视频免费观看 | 精品国精品国产自在久国产应用 | 手机av在线播放 | 国产人妻久久精品二区三区特 | 国产三级黄色 | 品色 官网| 欧美成人h版整片合集 | 曰批全过程免费视频在线观看网站 | 成人YY视频在线观看 | 浪荡受自我调教纯肉BL | 亚洲国内精品自在线影院牛牛 | 97视频观看 | 中文字幕无线观看在 | 黄网页在线观看 | 欧洲色网站 | 精品一区二区三区的国产在线观看 | 国产亚洲麻豆精品AA片在线观看 | 四虎影视免费大全 | 中文字幕2区| 亚洲日本va中文字幕在线不卡 | 美国毛片视频 | 国产精品免费综合一区视频 | 精品1卡2卡三卡4卡乱码 | 2018天天干天天射 | 国产在线激情 | 亚洲精品久久久久 | 天堂在线网 | 成人无码区免费A片视频WWW | 六月丁香 五月婷婷小说 | 中文字幕无码无卡视频 | 又硬又粗进去爽A片免费无码 | 免费高清岛国在线观看 | 成人在线偷拍自拍视频 | 六月丁香六月婷婷 | 早川瑞希|