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- 奇瑞汽車中報亮眼 上半年營收約143,280百萬元 新能源收入同比增长63.8%Companies: Chery2026年上半年，全球汽車行業在宏觀放緩與供應鏈區域化重構中整體承壓，行業增速顯著回落。
- Chery Automobile Releases 2026 Interim Results: Dual-Engine Drive Solidifies Profitability, Globalization Unlocks Growth SpaceCompanies: CheryOn August 20, Chery Automobile (9973.HK), a leading Chinese automaker, officially released its 2026 interim results report, marking its first interim results since listing on the Hong Kong Stock Exchange. Against the backdrop of intensifying competition in China’s domestic automotive market, sustained profit erosion from ongoing industry price wars, and a widespread phenomenon where automakers see revenue growth without corresponding profit growth, Chery has delivered a semi-annual report that demonstrates both scale resilience and earnings quality. Powered by its two growth engines, exports and new energy vehicles, the Company not only achieved steady scale expansion but also validated its long-term growth narrative with net profit margins that outperform peers and superior earnings quality, further underscoring its value in the capital markets. Steady Improvement in Operational Quality, in Line with Institutional Expectations Looking at the core operational data, Chery Automobile’s overall operational quality continued to improve steadily in the first half of the year, with its earnings structure particularly standing out. During the reporting period, the Company recorded revenue of approximately RMB 143,280 million, representing a year-on-year increase of 1.2%, fully demonstrating its robust capability to withstand cyclical industry pressures. Profit for the period reached RMB 9,016 million, representing a year-on-year increase of -9.0%; gross profit margin improved to 16.1%, representing an increase of 3.1 percentage points from the same period last year; net profit margin for the period came in at 6.3%, significantly outperforming industry peers and reflecting superior earnings quality. The core drivers of this earnings improvement lie in the Company’s new energy vehicle (NEV) business transitioning from a “scale-first” approach to a “scale-profit balance” strategy, and the acceleration of its globalization strategy, which is evolving from “exporting products” to a “full-system going global” model. The concurrent improvement in both gross and net profit margins validates the combined effectiveness of the Company’s NEV transition, product structure iteration, refined operations, and overseas business structure optimization, with operational quality and efficiency continuing to trend upward. The Company’s corporate strength has also been recognized by authoritative institutions. It made its debut on the Fortune Global 500 list as a listed company, securing the 383rd position. With a return on equity (ROE) of 36.5%, it ranked 30th globally on the ROE sub-ranking and first among all Chinese companies on the list. Its exceptional asset return capability, corroborated by net profit margins that outpace leading peers, underscores the Company’s outstanding profitability quality and capital return efficiency. In response to the common industry challenge of “more revenue but less profit”, Chery Automobile has been enhancing profitability through product mix optimization and expansion of its overseas business, thereby steadily boosting its resilience against economic cycles. Comparing the interim results with previous institutional forecasts, CICC had previously assigned Chery a target price of HK$35-40 and projected a full-year 2026 profit of approximately RMB20.2 billion. Based on the interim results delivered, the Company’s overall operations are broadly in line with institutional expectations, with overseas business performance significantly exceeding market projections. While intensifying competition in the Chinese market has exerted certain pressures, overseas revenue has emerged as a key performance engine. The robust growth in exports and the NEV segment has effectively offset domestic uncertainties, validating the strategic approach of “consolidating the domestic base while seeking incremental growth overseas” and laying a solid foundation for achieving full-year targets. Institutions generally believe that as economies of scale are further realized, overseas production capacity comes on stream, and new models ramp up volume, the Company's subsequent profit elasticity is expected to gradually materialize. Dual engine Growth Driven by Exports and New Energy Businesses to Build Long term Growth Momentum Exports and new energy businesses constitute the dual engines underpinning Chery Automobile’s current round of performance growth. Together they create a dual-engine drive model of globalization coupled with accelerated NEV volume growth. In the first half of the year, Chery Group’s overseas business saw explosive growth, with cumulative exports hitting 943,800 units, representing a substantial year on year rise of 71.5%. Its leading edge in globalization has been further consolidated. Overseas revenue has grown robustly, becoming a key engine driving performance. Moving beyond simple complete-vehicle exports, Chery Automobile has kept ramping up overseas resource investment to advance localized production, channel development and supply-chain deployment. Breaking away from the pure complete vehicle export model, it is pursuing integrated overseas operations spanning research, manufacturing and sales. As at the end of July, Chery Group’s cumulative global user base exceeded 20.16 million, of which overseas users totaled over 6.99 million. This sizable user base bears testament to its past overseas achievements and forms a solid foundation for the future realization of overseas market value, fully demonstrating the robust global manufacturing capabilities of Chinese automakers. The new energy business also delivered high quality growth against headwinds, acting as the other pillar of its dual-engine drive model. In the first half of the year, Chery Group posted new energy sales of 475,200 units, up 32.3% year on year. Its monthly wholesale volume of new energy vehicles has surpassed 100,000 units for multiple consecutive months, ranking among the industry’s top three with robust growth momentum. New energy penetration keeps rising, reaching 62% for Chery Group’s domestic market in July. To date, the Group has built a comprehensive product matrix covering the RMB50,000 to RMB500,000 price brackets. It has established presence across multiple market segments, ranging from compact city cars and range extended SUVs in the RMB200,000 price bracket to high end MPVs and off road vehicles. Beyond driving sales volume growth, the new energy business has fueled overall product structure iteration. It works in synergy with overseas operations to lift gross and net profit margins, acting as a critical lever for improved earnings quality and consolidating the foundation for full-year development. Looking ahead, multiple catalysts are expected to further unlock Chery Automobile’s growth potential. On the new model cycle front, the first production model of the FREELANDER brand is set to commence deliveries shortly. Co-developed by Chery and Jaguar Land Rover as a global premium NEV brand, FREELANDER will be manufactured at the upgraded Changshu plant (Chery Jaguar Land Rover Changshu Manufacturing Base). Over the coming years, the brand plans to roll out a series of new models, targeting both the domestic Chinese market and overseas markets. In parallel, key models such as the Luxeed RX are poised for launch and will be gradually introduced to the market, further enriching Chery’s premium NEV portfolio and opening up room for the brand to move upmarket. On the overseas front, Chery Automobile continues to drive the unlocking of global production capacity. The construction and retrofitting of localized production facilities in multiple countries are steadily taking shape, as the Company continues to refine its global supply chain network. As overseas production capacity gradually ramps up, the Company’s international operations will no longer rely solely on CBU (Completely Built Unit) exports from China. Instead, localized manufacturing will realize further economies of scale, which is expected to sustain a relatively high growth rate in overseas markets and continue to contribute incremental earnings. Overall, the interim results for 2026 validate the effectiveness of Chery Automobile’s dual-engine growth model: “globalization coupled with accelerated NEV volume growth”, while simultaneously demonstrating a marked improvement in both earnings quality and the maturity of its global operations. Although competition in China’s automotive market remains intense, and uncertainties persist on the geopolitical and currency fronts, Chery’s superior earnings quality relative to peers, its rapidly growing and structurally improving overseas business, and its steadily rising NEV segment, combined with the two major catalysts of a new model cycle and overseas capacity release, underpin a clear long-term growth thesis for the Company. The Company possesses substantial future growth potential, which makes it a compelling long-term investment opportunity for investors.
- Chery Automobile Releases 2026 Interim Results: Dual-Engine Drive Solidifies Profitability Foundation, Globalization Unlocks Growth SpaceCompanies: CheryOn August 20, Chery Automobile (9973.HK), a leading Chinese automaker, officially released its 2026 interim results report, marking its first interim results since listing on the Hong Kong Stock Exchange. Against the backdrop of intensifying competition in China’s domestic automotive market, sustained profit erosion from ongoing industry price wars, and a widespread phenomenon where automakers see revenue growth without corresponding profit growth, Chery has delivered a semi-annual report that demonstrates both scale resilience and earnings quality. Powered by its two growth engines, exports and new energy vehicles, the Company not only achieved steady scale expansion but also validated its long-term growth narrative with net profit margins that outperform peers and superior earnings quality, further underscoring its value in the capital markets. Steady Improvement in Operational Quality, in Line with Institutional Expectations Looking at the core operational data, Chery Automobile’s overall operational quality continued to improve steadily in the first half of the year, with its earnings structure particularly standing out. During the reporting period, the Company recorded revenue of approximately RMB 143,280 million, representing a year-on-year increase of 1.2%, fully demonstrating its robust capability to withstand cyclical industry pressures. Profit for the period reached RMB 9,016 million, representing a year-on-year increase of -9.0%; gross profit margin improved to 16.1%, representing an increase of 3.1 percentage points from the same period last year; net profit margin for the period came in at 6.3%, significantly outperforming industry peers and reflecting superior earnings quality. The core drivers of this earnings improvement lie in the Company’s new energy vehicle (NEV) business transitioning from a “scale-first” approach to a “scale-profit balance” strategy, and the acceleration of its globalization strategy, which is evolving from “exporting products” to a “full-system going global” model. The concurrent improvement in both gross and net profit margins validates the combined effectiveness of the Company’s NEV transition, product structure iteration, refined operations, and overseas business structure optimization, with operational quality and efficiency continuing to trend upward. The Company’s corporate strength has also been recognized by authoritative institutions. It made its debut on the Fortune Global 500 list as a listed company, securing the 383rd position. With a return on equity (ROE) of 36.5%, it ranked 30th globally on the ROE sub-ranking and first among all Chinese companies on the list. Its exceptional asset return capability, corroborated by net profit margins that outpace leading peers, underscores the Company’s outstanding profitability quality and capital return efficiency. In response to the common industry challenge of “more revenue but less profit”, Chery Automobile has been enhancing profitability through product mix optimization and expansion of its overseas business, thereby steadily boosting its resilience against economic cycles. Comparing the interim results with previous institutional forecasts, CICC had previously assigned Chery a target price of HK$35-40 and projected a full-year 2026 profit of approximately RMB20.2 billion. Based on the interim results delivered, the Company’s overall operations are broadly in line with institutional expectations, with overseas business performance significantly exceeding market projections. While intensifying competition in the Chinese market has exerted certain pressures, overseas revenue has emerged as a key performance engine. The robust growth in exports and the NEV segment has effectively offset domestic uncertainties, validating the strategic approach of “consolidating the domestic base while seeking incremental growth overseas” and laying a solid foundation for achieving full-year targets. Institutions generally believe that as economies of scale are further realized, overseas production capacity comes on stream, and new models ramp up volume, the Company's subsequent profit elasticity is expected to gradually materialize. Dual engine Growth Driven by Exports and New Energy Businesses to Build Long term Growth Momentum Exports and new energy businesses constitute the dual engines underpinning Chery Automobile’s current round of performance growth. Together they create a dual-engine drive model of globalization coupled with accelerated NEV volume growth. In the first half of the year, Chery Group’s overseas business saw explosive growth, with cumulative exports hitting 943,800 units, representing a substantial year on year rise of 71.5%. Its leading edge in globalization has been further consolidated. Overseas revenue has grown robustly, becoming a key engine driving performance. Moving beyond simple complete-vehicle exports, Chery Automobile has kept ramping up overseas resource investment to advance localized production, channel development and supply-chain deployment. Breaking away from the pure complete vehicle export model, it is pursuing integrated overseas operations spanning research, manufacturing and sales. As at the end of July, Chery Group’s cumulative global user base exceeded 20.16 million, of which overseas users totaled over 6.99 million. This sizable user base bears testament to its past overseas achievements and forms a solid foundation for the future realization of overseas market value, fully demonstrating the robust global manufacturing capabilities of Chinese automakers. The new energy business also delivered high quality growth against headwinds, acting as the other pillar of its dual-engine drive model. In the first half of the year, Chery Group posted new energy sales of 475,200 units, up 32.3% year on year. Its monthly wholesale volume of new energy vehicles has surpassed 100,000 units for multiple consecutive months, ranking among the industry’s top three with robust growth momentum. New energy penetration keeps rising, reaching 62% for Chery Group’s domestic market in July. To date, the Group has built a comprehensive product matrix covering the RMB50,000 to RMB500,000 price brackets. It has established presence across multiple market segments, ranging from compact city cars and range extended SUVs in the RMB200,000 price bracket to high end MPVs and off road vehicles. Beyond driving sales volume growth, the new energy business has fueled overall product structure iteration. It works in synergy with overseas operations to lift gross and net profit margins, acting as a critical lever for improved earnings quality and consolidating the foundation for full-year development. Looking ahead, multiple catalysts are expected to further unlock Chery Automobile’s growth potential. On the new model cycle front, the first production model of the FREELANDER brand is set to commence deliveries shortly. Co-developed by Chery and Jaguar Land Rover as a global premium NEV brand, FREELANDER will be manufactured at the upgraded Changshu plant (Chery Jaguar Land Rover Changshu Manufacturing Base). Over the coming years, the brand plans to roll out a series of new models, targeting both the domestic Chinese market and overseas markets. In parallel, key models such as the Luxeed RX are poised for launch and will be gradually introduced to the market, further enriching Chery’s premium NEV portfolio and opening up room for the brand to move upmarket. On the overseas front, Chery Automobile continues to drive the unlocking of global production capacity. The construction and retrofitting of localized production facilities in multiple countries are steadily taking shape, as the Company continues to refine its global supply chain network. As overseas production capacity gradually ramps up, the Company’s international operations will no longer rely solely on CBU (Completely Built Unit) exports from China. Instead, localized manufacturing will realize further economies of scale, which is expected to sustain a relatively high growth rate in overseas markets and continue to contribute incremental earnings. Overall, the interim results for 2026 validate the effectiveness of Chery Automobile’s dual-engine growth model: “globalization coupled with accelerated NEV volume growth”, while simultaneously demonstrating a marked improvement in both earnings quality and the maturity of its global operations. Although competition in China’s automotive market remains intense, and uncertainties persist on the geopolitical and currency fronts, Chery’s superior earnings quality relative to peers, its rapidly growing and structurally improving overseas business, and its steadily rising NEV segment, combined with the two major catalysts of a new model cycle and overseas capacity release, underpin a clear long-term growth thesis for the Company. The Company possesses substantial future growth potential, which makes it a compelling long-term investment opportunity for investors.
- 奇瑞汽車中報亮眼 上半年營收約143,280百萬元 新能源收入同比增长63.8%Companies: Chery香港, 2026年8月21日 - 2026年上半年，全球汽車行業在宏觀放緩與供應鏈區域化重構中整體承壓，行業增速顯著回落。中國自主品牌的競爭，已從產品性價比的單一比拼，全面升級為技術迭代速度、全球產能深度與品牌價值高度的綜合較量。在此背景下，奇瑞汽車股份有限公司（下稱「奇瑞」或「公司」，09973.HK）憑藉一份逆勢增長的半年成績單，向市場清晰展現了其戰略轉型的階段性成果。 數據顯示，上半年公司實現營收約人民幣143,280百萬元，同比增長1.2%；期內利潤實現9,016百萬元，同比增長-9.0%；毛利23,044百萬元，同比上升25.1%；毛利率提升至16.1%，較去年同期增加3.1個百分點；新能源收入59,284百萬元，同比增長63.8%。 中國每出口約5輛汽車 就有1輛來自奇瑞 2026年1至6月，奇瑞集團累計實現銷量127.5萬輛，同比增長7.8%。其中，自4月起，新能源汽車單月銷量持續突破10萬輛大關
- 奇瑞汽車中報亮眼 上半年營收約143,280百萬元 新能源收入同比增长63.8%Companies: Chery香港, 2026年8月21日 - 2026年上半年，全球汽車行業在宏觀放緩與供應鏈區域化重構中整體承壓，行業增速顯著回落。中國自主品牌的競爭，已從產品性價比的單一比拼，全面升級為技術迭代速度、全球產能深度與品牌價值高度的綜合較量。在此背景下，奇瑞汽車股份有限公司（下稱「奇瑞」或「公司」，09973.HK）憑藉一份逆勢增長的半年成績單，向市場清晰展現了其戰略轉型的階段性成果。 數據顯示，上半年公司實現營收約人民幣143,280百萬元，同比增長1.2%；期內利潤實現9,016百萬元，同比增長-9.0%；毛利23,044百萬元，同比上升25.1%；毛利率提升至16.1%，較去年同期增加3.1個百分點；新能源收入59,284百萬元，同比增長63.8%。 中國每出口約5輛汽車 就有1輛來自奇瑞 2026年1至6月，奇瑞集團累計實現銷量127.5萬輛，同比增長7.8%。其中，自4月起，新能源汽車單月銷量持續突破10萬輛大關，新能源滲透率持續提升。7月，奇瑞集團國內新能源滲透率已經達到62%。 從區域分佈看，歐洲市場成為核心增長極。上半年，奇瑞在歐洲24國的累計銷量已達17.4萬輛，同比增長逾兩倍；在英國市場，自3月至今穩居全品牌銷量亞軍，品牌認知度與用戶口碑持續累積。 據中汽協統計，2026年1-6月中國整車出口量達509.6萬輛，同比增長65.3%。其中乘用車出口443.2萬輛，同比增長71.7%；新能源乘用車出口230.2萬輛，同比激增1.3倍。中國每出口約5輛汽車，就有1輛來自奇瑞。 中國車企出海已成大勢，但「走出去」與「融進去」之間，仍存在本質區別。奇瑞的獨特之處在於，堅持「融進去」，其不僅將產品銷往全球，更將研發、製造與品牌根系紮入當地市場。近年來，奇瑞的「體系出海」戰略持續深化，已從單純的產品貿易，轉向本地化研發、製造與品牌運營的全價值鏈佈局。西班牙巴塞羅那歐洲運營中心與研發院的投用，以及對南非羅斯林工廠的收購接管，均標誌著其全球化進程已駛入深水區。 深度本地化的運營模式，不僅規避了部分區域的關稅壁壘，更通過供應鏈前移和品牌本土化運營，將短期紅利轉化為長期的體系競爭力。 值得注意的是，按照世界汽車組織的統計，2026年上半年奇瑞集團銷量躋身全球前十，與福特並列第九位。這一歷史性突破，印證了奇瑞從「中國奇瑞」向「世界奇瑞」跨越的堅實步伐。 以質換利：高端車型海外溢價兌現 出口貢獻利潤的能力，本質上是「以質換利」戰略的兌現。 以歐洲市場為例，奇瑞在歐洲銷售的車型以Omoda、Jaecoo等中高端序列為主，有力拉昇了出口業務的平均盈利水平。 更為關鍵的是，高附加值的新能源車型正在成為出口的新增長極。上半年，奇瑞集團新能源出口同比增長164.9%。 在歐洲市場，奇瑞上半年新能源銷量達8.6萬輛，同比增幅高達385%。新能源出口的爆發式增長，正在為出口利潤貢獻更高的彈性空間。 自2023年集團正式發佈新能源戰略以來，奇瑞新能源汽車銷量穩步攀升，戰略轉型成效持續釋放。 公司持續完善新能源產品矩陣，全新上市車型中新能源佔比突破90%。上半年新能源銷量47.5萬輛，同比增長32.3%。新能源汽車銷售收入達59,284百萬元，佔總營收比例達41.4%。 公司堅持技術立企，上半年研發投入達6,672百萬元人民幣，同比增長28.3%。高強度的研發投入已轉化為差異化競爭力——期內，公司發佈能量密度達400Wh/kg的犀牛電池，為後續產品迭代奠定基礎。展望下半年，傳統銷售旺季疊加出口訂單充沛、新能源新品密集上市，為公司提供了強勁的短期動能。中長期看，隨著犀牛電池等核心技術陸續裝車、高端市場持續深耕與海外產能持續釋放以及品牌勢能不斷提升，奇瑞汽車正從「規模驅動」邁向「技術+品牌」雙輪驅動的新增長階段，全球化與智能化的雙重紅利有望持續兌現。
- 奇瑞汽車上市首份中報：淨利6.3% 跑贏行業 出口高端化提振盈利能力 新能源技術紅利加速釋放Companies: Chery香港, 2026年8月21日 - 2026年上半年，全球車市增長步伐持續放緩，中國本土市場需求明顯承壓，行業價格戰愈演愈烈，整車製造環節利潤率持續下跌，多數車企陷入「增收不增利」的困局。據中國汽車工業協會數據，1-6月國內汽車總銷量同比下降4.1%，其中傳統燃料乘用車國內銷量更同比驟降31.9%。在行業整體深度調整、盈利普遍承壓的背景下，奇瑞汽車憑藉全球化戰略與新能源轉型的深度融合，不僅實現規模穩健增長，更以領先同業的盈利質量脫穎而出，展現出強勁的經營韌性。 8月20日，奇瑞汽車（9973.HK）發佈上市後首份中期業績報告。2026年上半年，奇瑞實現營收約人民幣143,280百萬元，同比增長1.2%；期內利潤9,016百萬元，同比增長-9.0%；毛利率提升至16.1%，較去年同期增加3.1個百分點。更值得關注的是盈利質量的躍升：同期淨利潤率達6.3%，顯著領先行業同業，盈利質量更優。這一改善的核心驅動，在於新能
- 奇瑞汽車上市首份中報：淨利6.3% 跑贏行業 出口高端化提振盈利能力 新能源技術紅利加速釋放Companies: Chery香港, 2026年8月21日 - 2026年上半年，全球車市增長步伐持續放緩，中國本土市場需求明顯承壓，行業價格戰愈演愈烈，整車製造環節利潤率持續下跌，多數車企陷入「增收不增利」的困局。據中國汽車工業協會數據，1-6月國內汽車總銷量同比下降4.1%，其中傳統燃料乘用車國內銷量更同比驟降31.9%。在行業整體深度調整、盈利普遍承壓的背景下，奇瑞汽車憑藉全球化戰略與新能源轉型的深度融合，不僅實現規模穩健增長，更以領先同業的盈利質量脫穎而出，展現出強勁的經營韌性。 8月20日，奇瑞汽車（9973.HK）發佈上市後首份中期業績報告。2026年上半年，奇瑞實現營收約人民幣143,280百萬元，同比增長1.2%；期內利潤9,016百萬元，同比增長-9.0%；毛利率提升至16.1%，較去年同期增加3.1個百分點。更值得關注的是盈利質量的躍升：同期淨利潤率達6.3%，顯著領先行業同業，盈利質量更優。這一改善的核心驅動，在於新能源業務從“規模擴張”轉向“規模與利潤並進”，以及全球化戰略向縱深推進，加速從“產品出海”向“體系出海”升級——當多數車企仍陷於「增收不增利」的價格戰泥淖，奇瑞以海內外市場雙驅動的業務結構，為「量利雙增」寫下了最具含金量的註腳。 出口量質齊升 高端化以質換利 盈利底盤更穩 海外業務依然是奇瑞汽車上半年業績增長的核心支柱，亦是盈利質量領先的關鍵來源。2026年上半年，奇瑞集團累計出口汽車94.38萬輛，同比大幅增長71.5%；海外收入佔總收入比重進一步提升，成為業績重要引擎。乘聯會數據顯示，上半年奇瑞出口銷量繼續位居各品牌之首，連續4個月創下全新紀錄。 規模領先之餘，出口結構的優化更值得關注。上半年，奇瑞集團新能源出口同比增長164.9%。其中，JAECOO 7在英國拿下全市場月度銷冠；JAECOO 5在澳大利亞、印尼拿下細分市場銷量第一，在泰國連續6個月蟬聯月度銷量冠軍；OMODA 5成爲英國全市場月度十大暢銷車型；JETOUR T2榮膺2026南非年度車型（COTY）總冠軍及輕越野細分冠軍，成爲該獎項40年曆史上首個奪冠的中國品牌；iCAUR V23在泰國連續兩個月位居細分市場第一，並進入純電車型銷量前五。星途攬月、瑞虎9等高端車型在海外多個市場成功躋身主流價格區間，與日系、德系同級車型正面競爭。瑞虎9在中東部分市場的終端售價已與豐田漢蘭達看齊，星途攬月在西班牙、意大利等南歐市場的定價直接對標BBA同級豪華中大型SUV。高端車型出口佔比的提升，帶動公司單車出口均價和單車利潤貢獻持續攀升，出口業務正從「規模擴張」轉向「以質換利」的良性軌道。更重要的是，海外業務佔比的提升，正是奇瑞毛利率與淨利率改善、盈利質量領先同業的核心驅動。 上半年，奇瑞在歐洲銷量突破17.4萬輛，同比增幅高達212%，其中新能源車型銷售8.6萬輛，同比大增385%。在英國市場，奇瑞自3月起連續稳居銷量榜亞軍，品牌認知度與用戶口碑快速攀升。 戰略層面，奇瑞的出海模式已從早期的「產品貿易」升級為「体系出海」。報告期內，奇瑞完成對南非羅斯林工廠的收購，實現本地化生產；在歐洲新設立研發中心，針對當地法規與用戶偏好進行定向開發；同時，公司在多個海外市場建立零部件倉儲與物流網絡，縮短交付週期。從研發、製造、銷售到售後服務，奇瑞正構建完整的海外產業鏈閉環。 新能源換擋提速 技術紅利加速釋放 新能源汽車業務已從過去的短板徹底轉變為拉動增長的關鍵引擎，與海外業務形成「雙輪驅動」。上半年，奇瑞新能源汽車累計銷量達47.52萬輛，同比增長32.3%，增速顯著跑贏行業平均水平；其中6月單月銷量達11.36萬輛，連續三個月站穩10萬輛大關。在行業新能源批發銷量排名中，奇瑞穩居前三。今年以来，奇瑞集团新能源渗透率持续提升，7月国内市场已达到62%。 產品矩陣的快速擴容為銷量增長提供了有力支撐。上半年公司新上市車型中，新能源占比超過90%，已形成覆蓋5萬至50萬元價格區間的全品類產品佈局。入門級純電車型全新QQ3精准卡位城市代步市場，6月單月銷量继续破萬，成為年輕用戶首購熱門之選；iCAR V27以20萬元級增程SUV定位，憑藉硬派造型與超長續航，躋身方盒子SUV細分市場前十；與華為深度合作的高端MPV智界V9，上市21天大定突破1.8萬台，印證了「技術奇瑞+華為智駕」組合的強大市場號召力。此外，星途EX7與縱橫G700分別瞄準性能豪華與高端越野市場，進一步拓寬品牌價格帶與受眾群體。新能源產品的上量，正與海外業務形成合力，共同夯實「雙輪驅動」的增長與盈利底座。 技術層面，奇瑞上半年正式發佈犀牛全固態電池技術，其中犀牛S系列全固態電芯能量密度已實現400Wh/kg，正迈向600Wh/kg，核心突破為產品競爭力提供了硬核支撐。與此同時，奇瑞持續迭代智艙與智駕能力，為旗下車型注入了行業領先的全場景智能體驗，形成「電動化+智能化」的雙重技術護城河。 憑藉出口高端化與新能源技術兌現的雙重突破，奇瑞在全球汽車產業格局中的地位顯著提升。據乘聯會秘書長崔東樹基於世界汽車組織等相關數據的統計，2026年1-6月，奇瑞集團世界銷量份額達4.1%，與福特並列全球車企第九位。于最新發佈的《財富》世界500強中，奇瑞汽車位列第383位，成為中國大陸年度唯一新入榜企業；在淨資產收益率（ROE）50強子榜單中，奇瑞以36.5%的ROE位列全球第30位，在上榜的中國企業中位居第一，與領先同業的淨利率相互印證，凸顯卓越的盈利質量與資本回報能力。 從盈利質量到全球排名，從資本回報到技術壁壘，奇瑞正以全方位的結構升級，完成從中國自主品牌到全球汽車產業核心玩家的身份躍遷。 展望下半年，隨著海外高端車型持續放量、新市場拓展加速，以及搭載犀牛電池的全新車型密集上市，奇瑞有望在「全球化 + 新能源」的雙輪驅動下實現加速跑，盈利質量進一步提升，全年表現值得期待。