JAC Motors Placement Lockup Expiry Cuts Stake Value, With Losses Widening
After JAC Motors’ 3.5 billion yuan placement lockup expiry, the stake’s market value fell to about 1.73 billion yuan, a paper loss of roughly 1.77 billion yuan versus a prior collective paper gain. Fang Wenyan sold shares during the lockup, while Ge Weidong’s holding stayed unchanged. Despite 2025 revenue growth, net profit remained a 1.7 billion yuan loss, and the first half of 2026 is projected to be loss-making again.