The Zhitong Finance App learned that Chery Auto (09973) rose more than 6% after the results. As of press release, it had risen 6.03% to HK$27.08, with a turnover of HK$858.347 million.

According to the news, Chery announced its interim results, achieving revenue of 143.280 billion yuan in the first half of the year, an increase of 1.2% over the previous year. Among them, overseas market revenue was 98.968 billion yuan, an increase of 51.0% year on year, accounting for 69.07% of total revenue. The first half of the year achieved gross profit of 23.044 billion yuan, an increase of 25.1% over the previous year; gross margin increased to 16.1% from 13.0% in the same period last year, an increase of 23.8%.

It is worth noting that during the period, Chery's new energy business revenue was 59.284 billion yuan, up 63.8% year on year. The share of total revenue increased from 25.6% in the same period last year to 41.4%, and the revenue structure accelerated transformation; R&D expenditure was 6.672 billion yuan, up 28.3% year on year. R&D continued to focus on electrification technology and core areas such as automotive platform architecture upgrades, assisted driving solutions, and smart cockpit solutions.

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