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JMC Executive Vice President Zhong Junhua Resigns, Transferred to Group Deputy Party Secretary and General Manager
JMC announced on September 10 that Executive Vice President Zhong Junhua, due to organizational arrangements, has been transferred to serve as Deputy Party Secretary, General Manager, and Director of Jiangling Motors Group, and has applied to resign from the position of Executive Vice President of the company. After resigning, he will continue to serve as a Director of the company. In the first half of 2026, JMC achieved revenue of 19.362 billion yuan and net profit attributable to the parent company of 739 million yuan.
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Jiangling Motors August Sales Rise 7.54% Year on Year
Jiangling Motors announced on September 2 that production in August 2026 was 31,400 vehicles, up 5.87% year on year, while sales were 32,300 vehicles, up 7.54% year on year. In addition, for the first half of 2026 the company achieved revenue of 19.362 billion yuan and net profit attributable to the parent of 739 million yuan.
Jiangling Motors Releases 2026 Interim Report, Net Profit of 739 Million Yuan Up Slightly by 0.83% Year-on-Year
Jiangling Motors released its 2026 interim report, with net profit attributable to the parent company of 739 million yuan, up 0.83% from the same period last year. Total operating revenue was 19.362 billion yuan, up 7.02% year-on-year, achieving growth for four consecutive years. Net cash inflow from operating activities was 598 million yuan, an increase of 662 million yuan from the same period last year. The company's latest asset-liability ratio was 63.43%, down 2.59 percentage points from the same period last year, gross margin was 12.16%, and diluted earnings per share was 0.86 yuan.
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Jiangling Motors first-half net profit attributable to parent 739 million yuan, up 0.8% year on year
Jiangling Motors released its 2026 interim report. First-half net profit attributable to the parent was 739 million yuan, up 0.8% year on year. Operating revenue was 19.36 billion yuan, up 7.0% year on year. Net profit attributable to the parent after deducting non-recurring items was 598 million yuan, up 10.8% year on year. Net operating cash flow was 598 million yuan, up 1,027.0% year on year. Second-quarter operating revenue was 10.33 billion yuan, up 2.0% year on year, while net profit attributable to the parent was 398 million yuan, down 6.7% year on year. Cumulative first-half exports rose 44.8% year on year, and the company achieved phased breakthroughs in core technologies including hybrid powertrains, NVH control, and power platforms.
Jiangling Motors July Sales Reach 28,800 Units, Up 20.91% Year-on-Year
Jiangling Motors announced that July 2026 sales reached 28,800 units, up 20.91% year-on-year. Total production for the month was 29,700 units, up 15.67% year-on-year. Cumulative production and sales from January to July 2026 both reached 220,000 units, up 10.58% and 10.85% year-on-year respectively. The company achieved first-quarter revenue of 9.036 billion yuan and net profit attributable to shareholders of 340 million yuan.
Jiangling Motors H1 Revenue Up 7%, Net Profit Edges Up Just 0.83%
Jiangling Motors released its 2026 half-year performance flash report. In the first half, total operating revenue reached 19.362 billion yuan, up 7.02 percent year-on-year, but net profit attributable to shareholders was only 739 million yuan, a mere 0.83 percent increase, almost flat. The company sold 189,033 vehicles in the first half, up 9.46 percent year-on-year, achieving 44 percent of its full-year sales target of 430,000 units. It needs to sell over 240,000 units in the second half, requiring average monthly sales above 40,000 units. June sales were 35,700 units, so meeting the full-year target still faces some pressure. The company stated that amid slowing industry growth, rising raw material prices, and intensifying competition, it achieved steady improvement in operating performance through product mix optimization, deeper channel development, and export business growth. In the secondary market, Jiangling Motors closed at 16.59 yuan on July 21, with its share price down nearly 11 percent this year.
China