Recently, Chinese listed companies in the automotive industry, which have undergone tremendous changes in new energy and intelligence, have released their third quarter reports for 2025, with many companies showing good performance. Data shows that traditional car companies such as GAC Group and SAIC Group are actively transforming in the face of industry changes, focusing on the development of their own brands to quickly emerge from the "painful period" and presenting a new trend of narrowing losses and increasing sales. At the same time, the emerging Chinese new energy vehicle industry chain enterprises are accelerating their development with their own advantages in research and development and cost. Companies such as CATL and Xiamen Tungsten New Energy have shown impressive performance in their third quarter reports. Traditional car companies: Sales of independent brands are steadily increasing. SAIC Group and GAC Group, two locally listed car companies in China with long-term leading production and sales scales, are undergoing a deep transformation. Guangzhou Automobile Group recently disclosed its third quarter report for 2025, which showed that the company achieved a revenue of 66.272 billion yuan in the first three quarters, a year-on-year decrease of 10.49%; Net profit loss was 4.312 billion yuan, a year-on-year decrease of 3691.33%. Among them, the operating revenue in the third quarter was 24.106 billion yuan, a year-on-year decrease of 14.63%; The net profit loss was 1.774 billion yuan, with a year-on-year increase of 27.02% in the loss amount. This is the third quarter report with the highest loss since Guangzhou Automobile Group went public. Guangzhou Automobile Group stated that the performance changes are due to a combination of factors, including fierce competition in the domestic automotive industry, rapid upgrading of demand structure leading to a decline in car sales and profits, and valuation premiums for companies such as Qihoo Hong Kong listed in the same period last year. However, based on the month on month data, the performance of GAC Group, which is considered to be in a "painful period" by the industry, has already recovered. In the third quarter of 2025, GAC Group's sales increased by 11.49% month on month, revenue increased by 7% month on month, and net loss narrowed by 1.8% month on month. All brands under GAC Group achieved positive month on month sales growth in the third quarter. In terms of independent brands, GAC Trumpchi's sales in the third quarter increased by 12.7% month on month, while GAC Aion's sales increased by 18.1% month on month. At the 2025 China Automotive Forum, Feng Xingya, Chairman and General Manager of GAC Group, said, "Currently, the transformation of the automotive industry has entered a deep water zone, and GAC Group wants to create a new GAC. SAIC Group has also ushered in a turning point in its performance. According to the sales report, since 2025, SAIC Group's monthly sales have achieved a "nine consecutive year on year increase", with a cumulative total of 3.193 million vehicles sold in the first three quarters, a year-on-year increase of 20.5%; The retail sales of 3.378 million vehicles are leading in the domestic vehicle industry. Among them, in September, SAIC Group's total vehicle sales reached 440000 units, a year-on-year increase of over 40%, returning to the top sales position in the Chinese automotive industry after 18 months. The overall sales growth of SAIC Group is mainly due to the steady increase in sales of its domestic brands. SAIC Group launched the "Big Passenger Vehicle" project at the beginning of the year, bringing together five companies that operate independent brands: SAIC Motor Passenger Vehicle Company (Roewe Feifan, MG), SAIC International, Innovation Research and Development Institute, Zero Beam Technology, and Overseas Travel. In September 2025, SAIC's self owned brand sales reached 294000 vehicles, a year-on-year increase of 50.4%; The cumulative sales volume in the first three quarters was 2.044 million vehicles, a year-on-year increase of 29.2%, accounting for 64% of the group's total sales, an increase of 4.3 percentage points compared to the same period in 2024. The new energy vehicle industry chain: welcoming performance growth. Since the beginning of this year, the strong production and sales of new energy vehicles have directly driven the performance of upstream companies in the industry. Taking the core component of new energy vehicles, the power battery, as an example, leading companies Ningde Times and Guoxuan High tech have shown multi-faceted growth in performance. According to the third quarter report of CATL, the company's revenue for the first three quarters was 283.072 billion yuan, a year-on-year increase of 9.28%; Net profit was 49.034 billion yuan, a year-on-year increase of 36.2%; The net profit after deducting non recurring expenses was 43.619 billion yuan, a year-on-year increase of 35.56%. Corresponding to the performance is the stability of CATL's main business in power batteries. Data shows that the cumulative installed capacity of power batteries in CATL reached 210.67GWh in the first three quarters, accounting for 42.75% of the domestic market share and ranking first among domestic battery companies. Guoxuan High tech, which ranked fourth among domestic battery companies in terms of installed power batteries in the first three quarters, achieved a revenue of 10.114 billion yuan in the third quarter, a year-on-year increase of 20.68%; The net profit after deducting non recurring expenses was 12.507 million yuan, a year-on-year increase of 54.19%. According to data from the China Automotive Power Battery Industry Innovation Alliance, in the first three quarters, the cumulative installed capacity of Guoxuan High Tech Power Battery was 26.27 GWh, a year-on-year increase of 84.7%, far exceeding the industry average. Its market share was 5.33%, an increase of 1.2 percentage points compared to the same period in 2024. Xiamen Tungsten New Energy, which is laying out upstream materials in the power battery industry such as lithium iron phosphate, also benefits from the development of the new energy vehicle industry chain. Xiamen Tungsten New Energy achieved a revenue of 5.477 billion yuan in the third quarter, a year-on-year increase of 50.45%; The net profit attributable to shareholders of the listed company was 217 million yuan, a year-on-year increase of 61.82%. The financial report shows that the driving force behind the growth of Xiamen Tungsten New Energy's performance is the expansion of product sales and the increase in sales prices. In the first three quarters, Xiamen Tungsten New Energy achieved sales of 99900 tons of lithium-ion positive electrode materials, a year-on-year increase of 40.41%. Among them, lithium cobalt oxide achieved sales of 46900 tons, a year-on-year increase of 45.38%; The sales volume of positive electrode materials for power batteries (including ternary materials, lithium iron phosphate, etc.) reached 53000 tons, a year-on-year increase of 36.29%. (New Society)