JAC Motors expects a first-half 2026 net loss attributable to shareholders of approximately 740 million yuan, with a net loss after deducting non-recurring items of about 986 million yuan. The company recently launched a buyback program, planning to repurchase shares worth no less than 50 million yuan and no more than 100 million yuan, with a maximum repurchase price of 64 yuan per share. It completed its first buyback of 860,000 shares on July 7, paying a total of about 20.02 million yuan. As of June 23, Fang Wenyan, wife of renowned retail whale Zhang Jianping, had significantly reduced her holdings by nearly 9.24 million shares, with the private placement she participated in now showing a paper loss exceeding 55 percent. Meanwhile, the family of another super retail whale, Ge Weidong, has kept its holdings unchanged, with Ge Guilan newly taking a heavy position of over 12.62 million shares. The private placement Ge Weidong joined is also deeply underwater. According to statistics from Securities Times Data Treasure, among the 430 stocks in which individual investors took new heavy positions of over 100 million yuan in the first quarter, fewer than half have risen since April, and more than 100 have fallen over 20 percent. The overall win rate for retail whales' new heavy positions has dropped below 50 percent.
Anhui Jianghuai Automobile Group Corp Ltdforecasts first-half net loss of 740 million yuan and buyback program details