BAIC BluePark expects net losses of 2.2 billion to 2.45 billion in the first half of 2025

BAIC BluePark announced that it expects the net profit attributable to shareholders of the listed company to be between -2.2 billion yuan and -2.45 billion yuan in the first half of 2025. In order to cope with the fierce competition in the new energy vehicle industry, the company continued to strengthen its product layout, increase R&D investment and rapidly expand sales channels, which affected its performance in the short term.