Jiangling Motors Reports 25.59% YoY Sales Growth in January, but 2025 Net Profit Slumps Over 20%

Jiangling Motors announced on February 3 that its vehicle sales in January 2026 reached 26,800 units, an increase of 25.59% year-on-year. For the full year of 2025, the company sold a total of 377,253 vehicles, up 10.56% year-on-year, with SUVs accounting for the highest sales volume at 134,595 units. The company reported annual revenue of RMB 39.17 billion, an increase of 2.07% year-on-year. However, net profit attributable to shareholders of the listed company amounted to RMB 1.188 billion, down 22.71% year-on-year, while net profit excluding non-recurring gains and losses stood at RMB 741 million, a sharp decline of 45.35% year-on-year. The company stated that the profit decline was primarily due to business adjustments at its majority-owned subsidiary, Jiangling Ford Technology (Shanghai) Co., Ltd., which resulted in the reversal of previously recognized deferred tax assets.