Market & Industry
Great Wall Motor H1 net profit surges 207.87% YoY
Great Wall Motor H1 net profit surges 207.87% YoY

Thanks to the stable increase of vehicle sales and average vehicle price, Great Wall Motor managed to achieve growth in both revenue and net profit for the first-half of this year.

Aug. 30 , 2021
BYD scores 50.22% YoY jump in semi-annual revenue
BYD scores 50.22% YoY jump in semi-annual revenue

The revenue for the first six months of the year at BYD Company Limited (BYD) surged 50.22% year on year to 90.885 billion yuan ($14.052 billion), the company reported in a filing last week.

Aug. 30 , 2021
Gasgoo Daily: SAIC VW contributes 21.7% YoY of group net profit
Gasgoo Daily: SAIC VW contributes 21.7% YoY of group net profit

With Gasgoo Daily, we will offer important automotive news in China. For those we have reported, the title of the piece will include a hyperlink, which will provide detailed information.

Aug. 27 , 2021
BYD Semiconductor sets up Jinan-based subsidiary after IPO plan halted
BYD Semiconductor sets up Jinan-based subsidiary after IPO plan halted

Jinan BYD Semiconductor Co.,Ltd., whose majority shareholder is BYD Semiconductor Co.,Ltd., was set up on August 24, according to the business data provider Tianyancha.

Aug. 26 , 2021
CATL scores 131.45% YoY surge in semi-annual net profit
CATL scores 131.45% YoY surge in semi-annual net profit

For the first half of 2021, CATL's net profit attributable to shareholders surged 131.45% to 4.484 billion yuan ($692.402 million).

Aug. 26 , 2021
Gasgoo Daily: Xiaomi buys autonomous driving startup DeepMotion
Gasgoo Daily: Xiaomi buys autonomous driving startup DeepMotion

Huawei sets up a new digital energy technology company in Xi’an with a registered capital of RMB20 million. It has registered 3 new firms within 3 months.

Aug. 25 , 2021