From:Internet Info Agency 2026-10-31 21:37:00
On October 30, Chery Automobile released its Q3 2026 performance report. The report shows that in the third quarter alone, revenue reached 97.954 billion yuan, up 26.54% year on year, with sales of 801,800 vehicles. In the first nine months of 2026, cumulative sales totaled 2,076,900 vehicles, up 10.5% year on year. In the first three quarters, Chery Automobile achieved revenue of 241.234 billion yuan, up 12.29% year on year; net profit of 14.595 billion yuan, with a net profit margin of 6.05%; gross profit of 39.004 billion yuan, up 32.38% year on year, with the gross margin rising from 13.71% in the same period of 2025 to 16.17%; and net profit attributable to the parent company of 13.963 billion yuan. R&D expenses in the first three quarters were 11.046 billion yuan, up 40.21% year on year, accounting for 4.58% of revenue, up from 3.67% in the same period of 2025. Among other expenses, the net exchange loss reached 3.171 billion yuan, compared with a net exchange gain of nearly 3 billion yuan in the same period of 2025. In the first three quarters of 2026, Chery Group sold 2.207 million vehicles, including 859,000 new energy vehicles, with monthly sales exceeding 100,000 units for six consecutive months. Cumulative exports in the first three quarters reached 1,499,100 vehicles, up 66.3% from 901,500 vehicles in the same period of 2025, with monthly exports exceeding 200,000 vehicles in September alone. As of the end of the reporting period, Chery Automobile had covered more than 130 countries and regions, with cumulative exports exceeding 7 million vehicles. On October 31, at Chery's Q3 report media briefing, Qi Shilong, executive vice president of Chery Automobile Co., Ltd., responding to questions about the independent operation of Zhijie, said that Zhijie will further enrich its product lineup in 2027, focusing on the "789" series. Qi Shilong said that afterward, the company will increase the launch of new energy products in overseas markets, striving for growth of around 20%; domestically, it will focus on shoring up the shortcomings in entry-level new energy products, with plans to complete this by the second half of 2027. On October 20, Chery Automobile released the "Yaoguang 2035" strategy, using CheryMind, a vertical foundational large model for physical AI, as its technology base, and launching technologies such as Xunlong instant charging, wireless charging, Rhino S solid-state batteries, Ziwei chips, Robotaxi, and Mojia robots. Jin Yibo, spokesperson for Chery Holding Group, said at the performance briefing that Exeed's current premiumization path is to first build premium brand recognition overseas and then feed that back into the domestic market.