BAIC BluePark Forecasts H1 2026 Net Loss of RMB 1.77–1.97 Billion, Narrowing Year-on-Year

BAIC BluePark (600733) released a profit forecast on July 13, estimating a net loss attributable to shareholders of the listed company of RMB 1.77 billion to RMB 1.97 billion for the first half of 2026. Despite an overall decline in sales across the new energy vehicle (NEV) industry during the first half of the year, the company achieved year-over-year growth in vehicle deliveries. The industry has broadly faced upward cost pressures due to fluctuations in upstream raw material prices. Against this backdrop, the company has advanced product portfolio optimization and implemented multiple cost-reduction and efficiency-enhancement measures. Benefiting from significantly increased sales volume, its profitability has shown marginal improvement, resulting in a reduced loss compared to the same period last year.