Chery Auto Reports Q1 2026 Revenue of RMB 65.87 Billion, Gross Profit Up 24.9% YoY

In the first quarter of 2026, Chery Automobile reported revenue of RMB 65.87 billion, gross profit of RMB 10.564 billion—up 24.9% year-over-year—with a notably improved gross margin, and net profit attributable to shareholders of RMB 4.17 billion. During the same period, R&D investment reached RMB 2.85 billion, an increase of 25.5% year-over-year. Financial expenses declined significantly, cash flow remained robust, and the company’s asset structure continued to improve.