Amid the overall sales slide in Chinese auto industry, those automakers, who focus on the relatively profitable market segment like SUV, gained sales rise against the general downward trend in the auto industry. On the other hand, foreign brands have been squeezed down in market share due to their improper production structure.

Most recently JAC released its fiscal report of the first half of the year that the company realized sharp growth of 14.56% in operating revenue from H1 of last year and a year-on-year growth of 31.79% in net income. The company’s sales in the first half of the year were 232,900 units, increasing 20.5% compared with the same period of last year. The Chinese own brand accomplished more than half of its annual sales target in the first half of the year, up to 58.46 percent.

The hot-selling of JAC’s SUV models have contributed a lot to what the company has gained from the beginning of the year till present. In particular, JAC’s easily-driven SUV Refine reported sales nearly jumped eight-fold of the same period of last year to 91,856 units in the first half of the year, a sudden lift of 890.81 percent.

In addition to SUV’s drive, large export quantity and profitable alternative fuel business section also serve as big factors to the JAC’s revenue growth. The sudden lift of net income is due to the change in accounting policy, which is a large quantity of government subsidy on alternative fueled vehicles has been included in the net income.

In fact, JAC is not the only biggest beneficial owner of the soaring trend of SUV. For example, Great Wall Motors achieved operating revenue growth of 23.96 percent in the first half of the year compared with the same period of last year as well as net income lift of 30.21 percent in the same period on a year-on-year basis as the SUV production accounting 80 percent of its production. Changan sold 522,000 units vehicles in the first half of the year, a sharp growth of 45.9 percent on a year-on-year basis since Honor, Eado, Changan CS35 and Changan CS75 consisting 70 percent of the overall production. Geely gained 34.7 percent sales growth in the first half of the year compared with the same period of a year earlier.

For all the Chinese own automakers, SUV sales in the first half of the year reached 1,450,000 units, a sudden jump of 95.5 percent compared with the same period of a year earlier. The sales quantity of SUV consisted up to 40.4 percent of the overall passenger vehicle volume in the Chinese domestic automakers, while the proportion of cars is 34.1 percent.