---
title: "CIMC VEHICLES released its 2024 annual performance, with a net profit attributable to shareholders of 1.085 billion yuan, proposing a dividend of 2.8 yuan for every 10 shares"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/233125844.md"
description: "CIMC VEHICLES released its 2024 annual report, with operating revenue of 20.998 billion yuan and net profit attributable to shareholders of 1.085 billion yuan, proposing a cash dividend of 2.8 yuan for every 10 shares. The report shows significant results from the Starlink program and the Xiongqi program, with semi-trailer sales increasing by 12% year-on-year and revenue from the Starlink semi-trailer business growing by 16.8%. The company's market share in China's semi-trailer market has increased to 14.04%, maintaining the first position for six consecutive years"
datetime: "2025-03-25T13:03:04.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/233125844.md)
  - [en](https://longbridge.com/en/news/233125844.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/233125844.md)
---

# CIMC VEHICLES released its 2024 annual performance, with a net profit attributable to shareholders of 1.085 billion yuan, proposing a dividend of 2.8 yuan for every 10 shares

According to the Zhitong Finance APP, CIMC Vehicles (301039.SZ) released its 2024 annual report, stating that the company's annual operating revenue for 2024 is RMB 20.998 billion; the net profit attributable to shareholders of the listed company is RMB 1.085 billion; the net profit attributable to shareholders of the listed company after deducting non-recurring gains and losses is RMB 1.079 billion; and the basic earnings per share is RMB 0.56. It is proposed to distribute a cash dividend of RMB 2.8 per 10 shares (including tax) to all shareholders.

During the reporting period, the results of the "Starlink Project" and "Xiongqi Project" began to show, with the overall sales of semi-trailers in China increasing by 12% year-on-year. Among them, the Starlink semi-trailer business, which first entered the implementation (IMP) stage, saw revenue growth of 16.8% year-on-year, with a gross profit margin rising to 14.4%. During the reporting period, the company fully built new quality semi-trailer productivity through the "Starlink Project," optimizing core resource allocation using the "reduce ten, add three" method. The capacity utilization rate of the Starlink semi-trailer business reached a five-year high, production efficiency increased by 30%, and per capita output value significantly increased by 23%. During the reporting period, the company comprehensively built Starlink marketing capabilities, promoting the pricing system of the "Starlink Annual Model" through the CIMC Lighthouse and Tonghua Pioneer semi-trailer business groups aimed at the domestic market, facilitating the commercial model of CIMC·Shaanxi Automobile's three good developments, with sales increasing by 20.9% against the trend. In 2024, the company's market share in China's semi-trailer market rose to 14.04%, maintaining the national first position for six consecutive years

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