Jiangling Motors Reports 10.56% Sales Growth in 2025 but Net Profit Drops Over 20% Amid Ford Restructuring

Jiangling Motors recently released its 2025 annual earnings preview: total vehicle sales reached 377,253 units, an increase of 10.56% year-over-year. SUVs contributed the most with 134,595 units sold, followed by light commercial vans (99,770 units), trucks (83,207 units), and pickups (59,681 units). The company reported revenue of RMB 39.17 billion, up 2.07% year-over-year. However, net profit attributable to shareholders of the listed company stood at RMB 1.188 billion, down 22.71% year-over-year, while net profit excluding non-recurring gains and losses was RMB 741 million, a sharp decline of 45.35% year-over-year. Jiangling Motors stated that the profit decline was primarily due to business adjustments at its majority-owned subsidiary, JMC Ford Technology (Shanghai) Co., Ltd., which led to the reversal of previously recognized deferred tax assets.