On November 9th, Ideal Automobile announced on the Hong Kong Stock Exchange that its total revenue for the third quarter was 34.68 billion yuan, an increase of 271.2% from 9.34 billion yuan in the third quarter of 2022 and 21.0% from 28.65 billion yuan in the second quarter of 2023. The net profit in the third quarter was 2.81 billion yuan, while the net loss in the third quarter of 2022 was 1.65 billion yuan, an increase of 21.8% compared to the net profit of 2.31 billion yuan in the second quarter of 2023.