JAC Motors and Ankai Bus's performance improves

JAC Motors and Ankai Bus are both subsidiaries of the Anhui Provincial State-owned Assets Supervision and Administration Commission. In recent years, their overall performance has shown a trend of improvement year by year. In 2023, JAC Motors achieved revenue of 45.016 billion yuan, a year-on-year increase of 23.07%, and a net profit of 152 million yuan, turning losses into profits; Ankai Bus achieved operating income of 2.146 billion yuan in 2023, a year-on-year increase of 44.25%, and a net loss of 170 million yuan, a year-on-year reduction.