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Anhui Ankai Automobile Co Ltd

Anhui Ankai Automobile Co., Ltd. is engaged in the research, development, manufacture, and sales of complete buses and auto parts in China. Its product range includes coaches, city buses, new energy buses, school buses, secondhand buses, and special purpose vehicles. The company was founded in 1966 and is based in Hefei, China.

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Electrification & Mobility▲

Yu Chengdong says Huawei-JAC Maextro SUV expected to launch in early 2027; commercial vehicle concept rises over 3% intraday

Huawei Managing Director Yu Chengdong recently said the Maextro SUV developed with JAC Motors is expected to launch in early 2027. Boosted by the news, on September 30 the commercial vehicle concept rose 3.14% intraday, with JAC Motors up 9.98%, Dongfeng Corporation up 4.66%, Shuguang Corporation up 3.27%, Ankai Bus up 2.63%, and Hanma Technology up 2.46%. Southwest Securities research noted that in 2026 the commercial vehicle industry will see domestic sales supported by policy and overseas demand resonating, with large infrastructure projects in Vietnam, Thailand, and Saudi Arabia being released in concentrated fashion, providing sustained support for domestic heavy truck demand. Zheshang Securities research noted that new energy commercial vehicle penetration and battery capacity per vehicle are both rising, with 2025 sales reaching 950,000 units, up 64% year on year, and the sales share rising to 22%, with a projected compound growth rate of 51% from 2025 to 2030.
About megatrends
Electrification & Mobility › Commercial & Heavy-Duty Electric Vehicles ▲Demand
Electrification & Mobility › China NEV Leaders Demand
Electrification & Mobility › Passenger EV OEMs (BEV / PHEV) Demand
600418.CG · Demand · Positive Huawei's Maextro SUV developed with JAC Motors is expected to launch in early 2027, a concrete product development for JAC.
Huawei · Technology · Positive Yu Chengdong announced the Huawei-JAC Maextro SUV is expected to launch in early 2027.
000868.CS · Demand · Positive Named among commercial vehicle concept stocks rising on the Maextro SUV news and sector demand outlook.
600006.CG · Demand · Positive Named among commercial vehicle stocks rising on the Huawei-JAC Maextro SUV news and sector demand outlook.
600375.CG · Demand · Positive Listed among commercial vehicle concept gainers on the Maextro SUV news and heavy-truck demand support.
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China
000868.CS▼5

Ankai Bus first-half 2026 net profit 1.8821 million yuan, down 89.77% year on year

Ankai Bus released its 2026 interim report, with net profit attributable to the parent company of 1.8821 million yuan, down 89.77% from the same period last year. Total operating revenue was 1.721 billion yuan, up 8.05% year on year, marking a fourth consecutive year of growth. Net cash flow from operating activities was negative 624 million yuan, a decrease of 591 million yuan compared with the same period last year. The company's latest asset-liability ratio was 78.08%, gross margin was 8.09%, and ROE was 0.23%.
000868.CS · Capital · Negative Net profit down 89.77% year on year, with negative operating cash flow and low margins.
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China
000868.CS▲

Ankai Bus July Sales Reach 524 Units, Cumulative Sales Up 8.32% Year-on-Year

Ankai Bus released its production and sales data for July 2026, with monthly output of 415 units and sales of 524 units. In the first seven months of this year, the company's cumulative production reached 4,831 units, up 4.73% year-on-year, while cumulative sales were 4,777 units, up 8.32% year-on-year. In addition, in the first quarter of 2026, the company achieved revenue of 682 million yuan and net profit attributable to the parent company of 1.85 million yuan.
000868.CS · Demand · Positive July sales of 524 units and cumulative sales up 8.32% year-on-year indicate strong demand for its buses.
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000868.CS▲

Ankai Bus sold 847 units in June, bringing year-to-date total to 4,253, up 13.66% year-on-year

Anhui Ankai Automobile Co., Ltd. released its June 2026 production and sales report. In June, the company sold 847 buses and produced 698 units. Year-to-date sales reached 4,253 units, up 13.66 percent year-on-year, while cumulative production hit 4,416 units, an increase of 8.00 percent. By vehicle type, large bus sales totaled 1,545 units year-to-date, down 16.80 percent. Medium bus sales reached 2,113 units, surging 67.57 percent. Light bus sales stood at 595 units, a decline of 4.65 percent.
000868.CS · Demand · Positive Year-to-date sales up 13.66% year-on-year, driven by a 67.57% surge in medium bus sales.
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