August 24，As the world's leading high-end manufacturer of semi-trailers and special Vehicles、The Pioneer of High Quality Development of China's Road Transport Equipment、Explorers and innovators in the field of new energy special Vehicles in China，CIMC Vehicles（301039.SZ/01839.HK）Held a 2023 interim results conference，Performance in the first half of the year、Climb the peak again，Net profit hit a record high in the same period.，A milestone breakthrough has been achieved。
Zhongbao data show，CIMC Vehicle Achieved Revenue of 134 in the First Half of 2023.7 billion yuan（Unit：RMB，Same as below），Year-on-year growth of 20.31%；Net profit attributable to shareholders of the listed company 18.9.7 billion yuan，Significant year-on-year increase of 418.52%；Realized net profit attributable to shareholders of the listed company after deducting non-recurring gains and losses 10.3.5 billion yuan，Year-on-year growth of 197.05%；Gross profit margin increased to 19.34%；Total assets and net assets attributable to shareholders of listed companies amounted to 253..8.3 billion and 142.7.1 billion yuan，Up 14% from the end of 2022.25%And 12.38%；Operating net cash flow rose sharply to 12..4.5 billion yuan；Basic earnings per share amounted to 0..94 yuan。The company sells a total of 7 vehicles worldwide..340,000/Table set。
Standing at the starting point of the third venture，Under the guidance of transoceanic business strategy，The six major businesses of CIMC Vehicles or the overall operating performance of the Group in the first half of the year were outstanding.：Lighthouse Pioneer Business Group Promotes Structural Reform of Domestic Semi-trailer Production Organization、Seize opportunities in emerging markets，Gross profit margin increased；North American business continues to grow，Revenue and gross profit margin increased year on year；Cost reduction and efficiency enhancement of European business、Optimize manufacturing process and supply chain management，Revenue and gross profit margin increased year on year；Qiangguan Business Group breaks through unfavorable factors，Open the way to the sea，Increase market segment share；Terabyte Business Group-The muck Truck business has brought forth new ideas、Explore transformation，Market share continues to climb；Terabyte Business Group-The production capacity of urban distribution box business is gradually released.，Drive business development。
OneSix major businesses or groups are on a roll. Revenue from overseas markets surged 38 percent.66%
Under the new development pattern of domestic and international double circulation，At present, the commercial vehicle industry is facing a shift period of growth rate.、A painful period of structural adjustment、Digestion period of early stimulus policy“Three-phase superposition”A complicated situation。CIMC vehicles are driven by the national unified market and high-quality development.，Full landing“Lighthouse Manufacturing Network 2023”Strategy，Innovation-driven Connotative Growth，The six major businesses or groups have developed steadily.，Consolidation of the domestic market base，Overseas markets continue to surpass，Overseas market revenue rose 38% year-on-year.66%。
Look at it in detail，Lighthouse Pioneer Business Group Seizes the Development Opportunity of National Unified Market，Efficient deployment“Star Chain Project”，Promote the structural reform of domestic semi-trailer production organization，Grasp the opportunity of strong demand in emerging markets while consolidating the domestic market base， Revenue of 22% in the first half of 2023.8.4 billion yuan，Gross profit margin increased by 3% year-on-year.23 percentage points，The market share of semi-trailers in China remains the first.。
The North American business was affected by the price increase of products and the decrease of sea freight last year, as well as through the active sharing of channels and resources.，Exerting the advantages of global supply chain management，Revenue exceeded expectations by 62% in the first half of 2023.3.4 billion yuan，Year-on-year growth of 34.67%。Among，Revenue of refrigerated semi-trailers in North America increased by 25% year-on-year.58%，North American van semi-trailer revenue increased by 46% year-on-year.03%，Maintains leading position in North American semi-trailer market。
European business，In the face of high economic inflation、Adverse factors of geopolitical conflict，Break through against the trend，Through continuous optimization of manufacturing processes and value streams，Give full play to centralized procurement platform，Improve the lighthouse manufacturing network，Improve the production efficiency of local manufacturing，Achieve quality growth。Revenue in the first half of 2023 increased by 28% year-on-year.12%To 16.3 billion yuan，Gross profit margin increased by 1.81 percentage points。Among，SDCProfits hit a post-acquisition high。
Qiangguan Business Group Continues to Stabilize the Base，Explore market segmentation opportunities，Actively seize overseas markets，At the same time, it develops integrated new energy products with major main engine factories.。Revenue of 24% in the first half of 2023.5.9 billion yuan，Year-on-year increase of 14.77%。Among，The market share of concrete mixer Trucks in China has increased significantly to 42.09%，Keep the first and hit a record high。
Terabyte Business Group-The muck Truck business relies on“Lighthouse Manufacturing Network”Create diversified products，PlayLTP+LoMDelivery advantage，At the same time, new energy products should be positively distributed.，Seize market share。Revenue achieved in the first half of 2023 3.1.2 billion yuan。The market share of urban muck trucks in China has increased to 12.33%。
Terabyte Business Group-Continuous release of production capacity of urban distribution box business，Leverage leading innovations and product quality，Drive business development；At the same time, we will strengthen cooperation with domestic new energy main engine factories.，Build integrated new energy Refrigerated Truck products。Revenue in the first half of 2023 increased by 56% year-on-year.33%To 2.0.4 billion yuan。
OneAccelerate the layout of new energy fields Create an innovative platform for new energy source train
Self-starting“The third venture”Since，CIMC has increased its in-depth exploration in the field of new energy.，Actively promote the development and innovation of new energy and intelligent products，Build a new energy head train、Innovation and Entrepreneurship Platform for Evolving Traditional Fuel Head-Hanging Integrated Solution。
In the field of semi-trailers，CIMC Vehicle Launches Integrated Definition and Pre-research Work of New Energy Source Trailer，In order to obtain the first-mover advantage in the field of semi-trailer electrification.，Drive industry change。It is worth mentioning that，First half，The company's North American business successfully delivered new energy refrigerated semi-trailers to local customers.，Become the industry benchmark of new energy refrigerated semi-trailer。
In addition，CIMC Vehicle Launches Long-endurance Pure Electric Mining Card for Special Vehicles，Develop a number of new energy charging and power exchange concrete mixer products；In the case of a refrigerated van body，Actively cooperate with the main engine factory to develop new energy Refrigerated Truck products。First half of 2023，Sales of new energy Concrete Mixer Trucks of Qiangguan Business Group increased significantly.；Terabyte Business Group-The market share of the new energy city muck truck of the muck truck business in the PRC market increased significantly to 32..50%。
One
Concentrate resources to strengthen various businesses and go to the third venture“The sea of stars”
The last 20 years，CIMC vehicles through bold and innovative strategic ideas and planning，And precise deployment and effective implementation.，It's done“The creation of the world”The first venture and“Transoceanic operations”A second venture.。
Look to the future，Faced with a complex and severe international environment and arduous and arduous tasks of domestic reform, development and stability,，CIMC Vehicle General Wind Treading Waves、Striding forward，Always maintain strategic strength，Open a panoramic exploration，Concentrate resources to strengthen“National Unified Commercial Vehicle and Special Vehicle Market”All kinds of business，Accelerate the construction of a new development pattern，Promoting high-quality development，Go to the third venture“The sea of stars”。
Lighthouse Pioneer Business Group will deploy efficiently“Star Chain Project”，Construct a new development pattern of domestic semi-trailer，Promote the structural reform of domestic semi-trailer production organization，Integrate the resources of 7 semi-trailer factories，Form the domestic market share of semi-trailer、Leapfrogging sales and profits，Become the benchmark of supply-side reform、Typical examples of high-quality development and two-wheel drive，At the same time, we will vigorously develop emerging market business.，Continued good business growth in emerging markets；North American operations will be launched“Deep Space Exploration Program”，Consolidate existing business，Share channel and sales resources，Achieve high-quality integration and sound operation；European business will be improvedLoMManufacturing plant layout，Reduce cost and increase efficiency，And explore new products and services；Qiangguan Business Group will implement Qiangguan Tanker“Lighthouse Manufacturing Network”Development strategy，Explore the integrated research and development of new energy products and steadily promote overseas business；Terabyte Business Group-The muck truck business will create differentiated competition，Grasp the opportunity of new energy development，By virtue ofLTP+LoMSeize market share with delivery advantage；Terabyte Business Group-City distribution box business will be upgradedLTPOperational efficiency of the production center，Actively expand business increment，Improve the level of management。
Those who do often succeed，Travelers often come。Under the third entrepreneurial journey，CIMC Vehicle will concentrate its resources to strengthen its business.，Enter the field of new energy commercial vehicles with innovative technology and business model，Innovation-driven Connotative Growth，Achieve the steady improvement of the operation quality of the six major businesses or groups，Promoting high-quality development of road transport equipment industry，Contribute to the Chinese-style modernization drive。
