Gasgoo Munich- Jiangling Motors Corporation (JMC) released its semi-annual report for 2026 on August 23. Revenue climbed to 19.36 billion yuan in the first half, a 7% year-on-year increase. Net profit attributable to listed shareholders rose 0.83% to 739 million yuan. Excluding non-recurring items, net profit increased 10.78% to 598 million yuan, marking an improvement in earnings quality.
On the cash flow front, net cash from operating activities swung to a positive 598 million yuan during the period, compared to a loss of 64.5 million yuan a year earlier. That represents a significant turnaround, rising 1,027%.
Image Source: JMC
In terms of production and sales, JMC sales reached 189,033 vehicles in the first half, up 9.46% year-on-year. By segment, the company held the top spot in the light van market, ranked second in pickups, and placed seventh in light trucks. Its commercial vehicle foundation remains solid.
Structurally, the maintenance and technical services segment delivered a strong performance. Revenue for this business increased 127.56% to 666 million yuan, making aftermarket services a new pillar of growth.
JMC continues to drive a dual-brand strategy, pairing its proprietary lineup with Ford. On one hand, it is leveraging Ford's global technology platform to strengthen independent R&D and co-develop new products. On the other, it is rolling out the "Ford Outdoors" brand ecosystem, building a comprehensive user operations system centered around experience stores, outdoor communities, vehicle modifications, and services.
Overseas expansion is accelerating. The second-generation Ford Territory, available in both gasoline and hybrid versions, has entered markets across the Middle East, Africa, Latin America, and Southeast Asia. The export portfolio continues to diversify, covering pickups, light vans, and SUVs.
