News summary
Ideal car enters the car rental marketkatrinabookmancasino, Beijing Chezhixing Car Rental, established on May 16, is wholly-owned by it, with a registered capital of 1 million yuan, and the actual controller is Li Xiang. In 2023, ideal car revenue will exceed 100 billion, net profit will exceed 11.8 billion, and gross profit margin will reach 22katrinabookmancasino.2%。
Newsletter text
Ideal cars enter the field of car rental and further expand the industrial layout. [Ideal Automobile (2015.HK) wholly established Chezhixing Automobile Company and entered the car rental service market.] The newly established Chezhixing Automobile Company has a registered capital of 1 million yuan and its legal representative is Ke Yan. Its business scope includes small and mini bus leasing and online booking taxi services, which marks a substantial step forward for ideal cars in the car rental market. Ideal Car delivered an outstanding report card in 2023. The annual delivery volume reached 376,000 units, revenue exceeded 123.85 billion yuan, net profit reached 11.8 billion yuan, and gross profit margin reached 22.2%. These achievements not only make it the first new car-building force in China with revenue exceeding 100 billion yuan, but also the third new energy vehicle company to achieve profitability after Tesla and BYD (002594). Recently, Ideal Automobile is promoting a new round of company-wide personnel optimization. It is reported that the proportion of optimization this time exceeds 18%, aiming to improve corporate operating efficiency and maintain competitiveness.