Market & Industry
Joyson Electronics expects 534%-617% soar in Q1-Q3 net profit
Joyson Electronics expects 534%-617% soar in Q1-Q3 net profit

China’s major automotive electronics supplier, Joyson Electronics, announced on October 10 it is expecting a substantial year-on-year growth in its net profit and revenue in the first three quarters of 2022.

Oct. 12 , 2022
CATL’s Q1-Q3 2022 net profit expected to soar 112.87%-132.22% YoY
CATL’s Q1-Q3 2022 net profit expected to soar 112.87%-132.22% YoY

For the first three quarters of 2022, CATL's total net profit attributable to shareholders were anticipated to reach 16.5 billion-18 billion yuan (US$2.299 billion-2.508 billion), surging 112.87%-132.22% from the same span of last year.

Oct. 11 , 2022
Great Wall Motor’s Sept. 2022 sales dip 6.38% YoY, but rise 6.14% MoM
Great Wall Motor’s Sept. 2022 sales dip 6.38% YoY, but rise 6.14% MoM

Great Wall Motor on Monday announced its monthly auto sales reached 93,642 units in Sept. 2022, sliding 6.38% from the previous year, while rising 6.14% from the previous month.

Oct. 11 , 2022
GAC Group gains two-digit YoY growth in both Sept., YTD auto sales
GAC Group gains two-digit YoY growth in both Sept., YTD auto sales

GAC Group, one of the major Chinese automobile groups, announced it sold 237,172 vehicles last month, representing a 44.32% leap year-on-year, while also posting an 8.88% growth month-on-month.

Oct. 11 , 2022
China's locally-made PV retail sales jump 21.2% YoY in Sept. 2022
China's locally-made PV retail sales jump 21.2% YoY in Sept. 2022

In Sept. 2022, China's passenger vehicle (PV) retail sales amounted to 1.947 million units, jumping 21.2% compared to the previous year, while also climbing 2.8% from the previous month, according to the China Passenger Car Association (CPCA).

Oct. 11 , 2022
JAC Group sees 13.82% YoY increase in Sept. sales
JAC Group sees 13.82% YoY increase in Sept. sales

JAC Group’s September sales volume amounted to 47,675 vehicles, increasing 13.82% year over year and 5.8% from the previous month, according to the company’s report.

Oct. 11 , 2022