Guangzhou Automobile Group Co., Ltd. (Stock Code: 2238) issued an inside information announcement indicating an expected net loss attributable to shareholders of the parent company for the 2025 fiscal year ranging from RMB 8 billion to RMB 9 billion. The estimated net loss after non-recurring gains or losses for the same period is projected at RMB 8.9 billion to RMB 9.9 billion.

In comparison, the company reported a net profit attributable to shareholders of RMB 823.58 million for the 2024 fiscal year, along with an attributable net loss of RMB 4.35133 billion after deducting non-recurring items. According to the announcement, the major factors for the projected shortfall in 2025 include intense market competition, rapid restructuring across the automobile industry, and increased provisions for asset impairment and sales expenses. In addition, certain joint ventures accelerated their transition toward new energy vehicles, leading to further asset impairment and affecting overall investment income.

The final annual results for 2025 are scheduled for publication in late March 2026. The company advises shareholders and potential investors to exercise caution when trading its securities and refer to the formal announcement for precise financial details once available.