Sinotruk Jinan Truck reports H1 2025 profit, revenue growth

For the first half of 2025, Sinotruk Jinan Truck reported a consolidated net profit of CNY 939,907,846.09, with net profit attributable to shareholders of CNY 668,628,105.30. The company proposes a cash dividend of CNY 3.15 per 10 shares, totaling CNY 368,233,409.56, which represents 55% of the net profit attributable to shareholders, subject to shareholder approval. The company's H1 2025 revenue increased by 7.22% to CNY 26,161,569,226.76, with total assets reaching CNY 45,430,160,375.55, a 9.86% increase from the end of last year.

The company also announced that as of June 30, 2025, its remaining raised capital amounted to CNY 96,061.28 million. This includes CNY 46,061.28 million in special accounts and CNY 50,000.00 million in outstanding cash management funds. The completion of its "Intelligent Connected (New Energy) Heavy Truck Project" has been extended from June 2024 to December 2026. Risk assessment reports for Sinotruk Finance Co., Ltd., Sinotruk Auto Finance Co., Ltd., and Shandong Heavy Industry Group Finance Co., Ltd. were approved, indicating no significant flaws in their operations or risk management.

Shareholders will vote on revisions to the company's Articles of Association and Rules of Procedure for Shareholders' Meetings and Board of Directors' Meetings at a special general meeting on September 25, 2025, to align with the latest legal and regulatory requirements.