BAIC Blue Valley (600733.SH) released semi-annual results, with revenue of 11.597 billion yuan, an increase of 21.86% over the previous year

According to Zhitong Finance App News, BAIC Blue Valley (600733.SH) disclosed the 2026 semi-annual report. During the reporting period, the company achieved operating income of 11,597 billion yuan, an increase of 21.86%; net profit loss attributable to shareholders of listed companies was 1,938 billion yuan, a year-on-year narrowing; net profit loss attributable to shareholders of listed companies after deducting non-recurring gains and losses was 1,993 billion yuan, narrowing year on year; basic earnings per share were -0.31 yuan.

In the first half of 2026, the company promoted operating work around the four core capabilities of “marketing, R&D, production and service”, achieving sales volume of 98,900 vehicles, an increase of 47.27% year on year, and achieved revenue of 11,597 billion yuan, an increase of 21.86% year on year. In terms of new product launches, a total of 6 products were launched in the first half of the year, including 3 new models (Jihu S5, Jihu S3, Jihu Wendao V9) and 3 facelifted models (Jihu T1 facelift and Enjoy S9/S9T). Through organizational optimization and process adjustments, various models were put into production and delivered on schedule, and the ability of various business segments to collaborate improved.

In terms of marketing and marketing, the company continues to promote changes in the market-based mechanism. Since March, the monthly sales volume of the Jihu brand has increased month by month, exceeding 10,000 units in March, reaching 15,000 units in April, and 25,000 units in June; in terms of channel construction, the Xianjie brand had nearly 1,000 stores during the reporting period, and the channel layout progressed steadily. The sales channels for the Jihu brand increased from 660 to 710, and the service channels to 395. In terms of cost control, the company further promotes cost reduction in marketing, management, finance and other fields on the basis of early commercial and technical cost reduction to achieve multi-dimensional potential efficiency gains. In terms of capacity construction, three production line technical reforms were completed in the first half of the year to provide production capacity guarantees for product supply in the second half of the year. In terms of digital construction, the smart exhibition hall has covered 174 stores, and the enterprise WeChat cloud has covered 633 stores. The monthly lead invitation volume exceeds 500,000 calls, the efficiency of 400 smart customer service has increased by 20%; the efficiency of information transmission in the production field has increased by 100%, and the MTO/STO hybrid model has achieved zero inventory management.