BAIC Blue Valley (600733.SH) issued a forecast loss. The net loss for the first half year is expected to be 1.77 billion yuan to 1.97 billion yuan

According to the Zhitong Finance App, BAIC Blue Valley (600733.SH) announced that the company expects to achieve a loss of 1.77 billion yuan to 1.97 billion yuan in net profit attributable to shareholders of listed companies for the first half year of 2026, reducing losses over the previous year.

Based on the “Three-Year Leap Forward” and “Fifteenth Five-Year Plan”, the company promotes the rapid development of the Xiang Jie and Jihu brands, and continues to invest in core capacity building such as product development. At this stage, it is still in the strategic investment period. The scale effect has not yet been fully demonstrated, and there are still losses in the current period of operation. In the first half of 2026, sales in the NEV industry declined, but the company achieved year-on-year growth in vehicle sales. At the same time, due to fluctuations in upstream raw material prices, the industry is generally facing upward pressure on costs. In this context, the company actively promoted product structure optimization and implemented more measures to reduce costs and increase efficiency. Relying on a sharp increase in sales volume and marginal improvement in profit conditions, net profit attributable to shareholders of listed companies reduced losses year-on-year.