Haima Automobile reports mixed half-year results, strategic shifts

Haima Automobile Co., Ltd. announced a net loss of 74,519,144.61 yuan for the first half of 2025, a 50.85% improvement compared to the same period last year. Total operating revenue increased by 9.89% to 655,211,998.83 yuan, while total assets decreased by 13.93% to 4,803,294,339.66 yuan. Cash flow from operating activities saw a significant decline of 976.83%, falling to -164,934,315.90 yuan. The company’s focus remains on R&D, manufacturing, and sales of automobiles and powertrains, with key products including Haima 7X-E, Haima 7X, and Haima 8S.

Strategically, Haima Automobile has advanced its hydrogen energy ecosystem, with 25 Haima 7X-H vehicles demonstrating reliability over 80,000 km. The company continues to refine its "five-end ecosystem" for shared mobility. Financial adjustments include a reduction in capital from Zhengzhou Haima Automobile Research and Development Co., Ltd., impacting minority shareholder equity. The company’s internal controls are being strengthened to enhance risk management and operational efficiency, aiming for sustained development within a competitive market.