BYD COMPANY (01211) achieved a profit attributable to shareholders of the parent company of 12.325 billion yuan in the first half of the year, marking a dual breakthrough in globalization and high-end development, with overseas business continuing its strong growth momentum.

BYD COMPANY (01211) announced its mid-year results for 2026, with a revenue of approximately 344.815 billion yuan, a gross profit of 64.989 billion yuan, and a net profit attributable to the parent company of 12.325 billion yuan, resulting in earnings per share of 1.35 yuan. The group continues to emphasize technological innovation and maintain high research and development investment, with R&D expenditures of around 28.9 billion yuan in the first half of the year, bringing total R&D investment to over 270 billion yuan. In the first half of 2026, the group achieved a breakthrough in its globalization and high-end strategy, with significant improvements in the optimization of its automotive business structure. In terms of overseas markets, according to data from the China Association of Automobile Manufacturers, the group's exports during the period reached 792,000 vehicles, a year-on-year increase of 67.8%. The proportion of exports in total sales significantly increased, continuing to lead the automotive exports from Shanxi Guoxin Energy Corporation, promoting Chinese smart manufacturing globally. In the domestic market, despite intensified competition and phase-driven pressure on domestic demand in the first quarter, the groups brands "Fangchengbao," "Tengshi," and "Yangwang" saw a total sales growth of 61.0% year-on-year thanks to continuous iterations of new technologies and products, increasing their share of the group's total passenger vehicle sales to 12.8%, further deepening the high-end strategy. During the period, the group accelerated the optimization of its product matrix around the two core technology directions of "electrification" and "intelligentization," driving continual growth in orders and supporting a month-on-month rise in sales through superior product capabilities. In the first half of 2026, the group steadfastly advanced its globalization strategy, with overseas business continuing to show strong growth across Europe, Latin America, Asia-Pacific, and the Middle East and Africa, thus increasing its global reputation and recognition, significantly boosting the global electrification process of automobiles. Relying on leading technology and a rich brand and product matrix, the groups new energy vehicle business now covers six continents and 121 countries and regions. As the international layout deepens, overseas business has become a core growth driver for the groups high-quality development. In terms of AI computing power infrastructure business, the group actively seizes market opportunities brought by AI development, leveraging its in-depth technical experience accumulated in the smart terminal sector, covering the full industry chain capabilities in material research and development, mold design, precision component development, and automated manufacturing. By integrating and innovating the advantages of thermal management and high-voltage power supply technologies that have matured in the automotive business, the group has conducted a comprehensive strategic layout of core products around AI computing power infrastructure, creating integrated solutions that include servers, liquid cooling, high-voltage power supplies, and high-speed interconnections. During this period, the group continued to deepen cooperation with multiple clients, achieving bulk shipments of several server models; the product development of the latest generation of liquid cooling cold plates for overseas key clients has been completed, with the project entering the ramp-up phase of mass production; and several high-voltage power supply and high-speed interconnection products are also in active development, adding new engines to the groups business through diversified layouts.