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phoenix technology news, august 29, huawei today released its operating results for the first half of 2024. in the first half of the year, the company achieved sales revenue of 417.5 billion yuan, a year-on-year increase of 34.3%, and a net profit margin of 13.2%. the overall operation is stable and the results are in line with expectations.

huawei's rotating chairman xu zhijun said: "the overall operating performance of the group is in line with expectations. we will implement the company's strategy of 'high quality' throughout the entire process, continue to optimize the industry portfolio, enhance development resilience, build a prosperous industry ecosystem, and contribute more competitive products and solutions to customers."

according to a report by a research organization, huawei's global smartphone shipments increased by 49% year-on-year to 11.6 million units in the second quarter of 2024. at the same time, due to the large proportion of high-end models (mate and pura series combination), its wholesale average selling price (asp) and wholesale revenue both hit record highs. the chinese market accounts for 89% of its global smartphone shipments.

on july 29, wenjie automobile welcomed the 400,000th new car off the production line, becoming the fastest chinese new energy vehicle brand to achieve this milestone. wenjie m9 completed the 70,000-unit delivery mark. according to chejie, the cumulative sales of wenjie series models in the first half of the year were 181,197 units. in terms of models, the cumulative retail sales of wenjie m7 in the first half of the year were 106,540 units, accounting for more than half of wenjie's overall sales. the cumulative sales of wenjie m9 were 58,787 units, ranking first in the sales of luxury cars above 500,000 yuan. the cumulative retail sales of wenjie m5 in the first half of the year were 15,205 units, and the cumulative delivery volume after listing has exceeded 10,000 units.