Zero Runner Automotive: Revenue in the first quarter of 2025 reached 10.2 billion yuan.
Zero Run Auto Announcement: As of March 31, 2025, in the three months ending on that date, Zero Run Auto's revenue was 10.02 billion RMB, a year-on-year increase of 187.1%. In the first quarter of 2025, Zero Run Auto's gross profit margin was 14.9%, a year-on-year improvement mainly due to the scale effect brought by the increase in sales volume, ongoing cost management efforts, and optimization of product mix. In the first quarter of 2025, Zero Run Auto's net loss attributable to the company's equity holders was 130 million RMB, compared to a loss of 1.01 billion RMB in the same period in 2024. As of March 31, 2025, Zero Run Auto's cash and cash equivalents, restricted cash, financial assets measured at fair value through profit or loss, and bank time deposits balance was 25.7 billion RMB.
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