JAC Motors 2024 Performance Report Released

According to the 2024 performance report released by JAC Motors, the company's operating income was 42.116 billion yuan, a year-on-year decline of 6.28%. The net profit attributable to the parent company suffered a loss of 1.784 billion yuan, which was worse than the profit of 152 million yuan in 2023. The net profit attributable to the parent company after deducting non-recurring items was a loss of 2.741 billion yuan. Due to the loss in 2024, the company decided not to distribute profits or convert capital reserves into capital stock.