Qianli Technology's "AI + Vehicles" acceleration: revenue to grow by 42% by 2025, net profit doubling, new business breakthroughs

A-share listed company Chongqing Qianli Technology Co., Ltd. (hereinafter referred to as “Qianli Technology”) today released its 2025 annual report. The company saw double-digit growth in both revenue and profits, and commercial breakthroughs were achieved in its “AI+car” business.

During the reporting period, full-year operating revenue reached RMB 10B, up 42.13% year over year; attributable net profit was approximately RMB 84 million, up 111% year over year. Revenue from the manufacturing business segment totaled RMB 9.32B, up 37.33%. Among this, revenue from the automotive business reached RMB 6.44B, up 52.71% year over year. Vehicle sales increased 83.93% year over year; revenue from the motorcycle and general machinery business totaled RMB 2.88B, with motorcycle sales up 15.11% year over year; and revenue from the technology business segment was RMB 350 million.

In 2025, Qianli Technology’s transformation and breakthrough was a pivotal year. Under the strategic guidance of “AI+car,” Qianli Technology accelerated the intelligent transformation of automobiles by leveraging AI technology, opened up a new technology business segment, and formed a core dual-wheel-driving pattern of “manufacturing business + technology business.” The company’s overall operations achieved steady development; early results have begun to emerge from the strategic transformation in “AI+car,” laying a foundation for future development.

In the manufacturing business segment, the automotive and motorcycle businesses all performed strongly, and the overseas market delivered impressive results. In 2025, Qianli Technology’s automotive business revenue grew 52.71% year over year, and its operating structure continued to improve. By building a forward-looking R&D platform, Qianli Technology constructed a diversified powertrain matrix covering fuel and battery swapping. It continued to focus on three key sub-segments: SUV, MPV, and premium electric mini cars. At the same time, C-end and B-end markets advanced in coordination, with integrated deployments across domestic and international markets, resulting in full-year sales up 83.93% year over year. The motorcycle segment focused on four core categories—cruisers, crossover step-through scooters, retro step-through scooters, and scramblers—launching multiple new models including the V400 and other offerings, continuously improving its product lineup. The products successfully broke through technical barriers in the European market, further expanding its overseas footprint. Exports grew 25% year over year, and the business has covered more than 80 countries and regions.

In the technology business segment, R&D investment continued to increase, and the commercialization breakthrough was achieved. As the core engine of strategic transformation, the technology business segment strengthened its R&D efforts. In 2025, R&D expenses reached RMB 822 million, up 102.13%. By strengthening its technical R&D capabilities, Qianli Technology’s technology business achieved a key breakthrough. Focusing on end-to-end model architectures, Qianli Technology developed cutting-edge AI technologies including a vision language model (VLM), a vision language action model (VLA), a world model, and more, aiming to build high-modality assisted driving solutions covering L2 to L4 levels. During the reporting period, “Qianli Zhijia 1.0,” an L2+ intelligent assisted driving solution, was released and scaled up for deployment. At the same time, Qianli Technology and Geely jointly released “Qianli Haohan” (G-ASD) advanced intelligent driving system; the Intelligent Cockpit ASC 100 platform completed its R&D, advancing an upgrade in the paradigm of human-vehicle interaction experience; and Robotaxi’s road tests in key cities such as Chengdu were progressing steadily. This fully demonstrates that Qianli Technology has achieved substantive breakthroughs in closing the commercial loop of “AI+car.”

In 2025, Qianli Technology turned in a fairly solid set of results: revenue nearly reached 100 billion, and net profit doubled. More importantly, the technology business achieved a breakthrough in commercialization, allowing the market to see the possibility that its “AI+car” strategy can move from investment to output. The continued increase in R&D investment also shows its determination to push forward the strategic transformation. In 2026, the industry will pay even more attention to Qianli Technology’s commercialization progress. In the midst of intense market competition, whether Qianli Technology can, while steadily advancing growth in its manufacturing business, accelerate breakthroughs in core technologies and products such as smart driving, intelligent cockpits, and Robotaxi—and accelerate their deployment—will be the key test of whether its “AI+car” strategy can truly run through the commercial closed loop.

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