BAIC Blue Valley's 2024 Semi-Annual Report Revenue and Loss Figures, Brand Developments

TapTechNews August 26th news, BAIC Blue Valley released its semi-annual report for 2024 today. BAIC Blue Valley achieved revenue of 3.741 billion yuan in the first half of the year, a year-on-year decrease of 35.16%; the net loss attributable to shareholders of the listed company was 2.571 billion yuan, compared with a loss of 1.979 billion yuan in the same period last year.

TapTechNews Attached main data:

In the announcement disclosure, BAIC Blue Valley achieved a sales volume of 28,011 units in the first half of 2024; currently, the company is fully building three brands: Arcfox, Xiangjie, and BEIJING. As of June 30, 2024, the cumulative number of operating stores of the Arcfox brand is 224, and the company has cumulatively built and operated 141 Arcfox charging stations, covering 10 provinces and 13 cities.

In addition, the Arcfox brand has established cooperation with more than 100 domestic public charging network operators. The charging map of the Arcfox App has access to more than 850,000 public charging piles, covering 333 prefecture-level cities in 31 provincial administrative regions except Hong Kong, Macao, and Taiwan.