JAC Motors announced that it expects a net loss attributable to the parent company of 740 million yuan for the first half of 2026, compared with a loss of 773 million yuan in the same period last year. The change in performance is mainly due to intensified market competition leading to a year-on-year decline in sales, operating losses at joint ventures resulting in negative investment income of 130 million yuan, and the impact of exchange rate fluctuations causing the company's financial expenses to be around 140 million yuan.
Anhui Jianghuai Automobile Group Corp LtdIntensified market competition led to year-on-year sales decline and operating losses at joint ventures.