crashtagteamracing| Ideal Car: Revenue of 123.85 billion yuan in 2023 and net profit exceeding 11.8 billion yuan

News summary

Ideal Car entered the car rental market and was established on May 16crashtagteamracingBeijing Chezhixing Car Rental 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 22crashtagteamracing.2%。

Newsletter text

Ideal cars enter the field of car rental and further expand the industrial layout. [Ideal Car (2015crashtagteamracing.HK) wholly established Chezhixing Automobile Company and entered the car rental service market.] newly establishedcrashtagteamracingChezhixing Automobile Co., Ltd. has a registered capital of 1 million yuan and its legal representative is Ke Yan. Its business scope includes small and mini passenger car rental and online booking taxi services, which marks that ideal cars have taken substantial steps 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.