首頁Nissan Silvia
搜尋歷史
熱門搜尋
經銷商登入 / 註冊
In Malaysia's SUV market, many buyers compare the Proton X70 and Kia Sportage when choosing a car. These two models are quite close in price and positioning. Today, we will make a detailed comparison from multiple aspects to help you save time on research.
The OTR price of Proton X70 in Malaysia is RM 106,800 - 122,300, with a total of 3 versions, including 1.5L Standard 2WD (RM 106,800), 1.5L Executive 2WD (RM 115,800), 1.5L Premium 2WD (RM 122,300), etc.
The OTR price of Kia Sportage in Malaysia is RM 129,639 - 179,320, with a total of 4 versions, including 2025 1.6T DCT 4WD High (RM 179,320), 2025 1.6T DCT 2WD High (RM 159,320), 2025 2.0L AT 2WD High (RM 139,639), etc.
From a price perspective, the starting price of Proton X70 is indeed RM 22,839 cheaper than Kia Sportage. If your budget is limited, the entry-level Proton can already meet daily needs. But note, the few thousand cheaper might involve trade-offs in equipment, depending on your specific needs.
Proton X70 is equipped with 1.5L Turbo, 140 hp. Official fuel consumption 7.0 L/100km.
Kia Sportage is equipped with 1.5L Turbo, 140 hp. Official fuel consumption 7.0 L/100km.
Both cars use the same powertrain system, the driving experience feels basically the same. Fuel economy is also similar, no need to worry too much about this.
Proton X70 safety rating is 5★ (ASEAN NCAP), active safety systems include ADAS (ACC, AEB, LKA, LDA, BSM, RCTA).
Kia Sportage safety rating is 5★ (ASEAN NCAP), active safety systems include Drive Wise.
Both cars have the same safety rating, safety equipment is considered quite complete for this class. New cars nowadays generally have good safety, no need to worry too much about this.
Proton X70 body length 4400 mm, trunk 400 L.
Kia Sportage body length 4400 mm, trunk 400 L.
The dimensions of both cars are almost the same, interior space difference is not significant. Cars in this class are more than enough for daily use.
Proton X70 and Kia Sportage are mainstream choices in the Malaysian market, suitable for family use and daily commuting. If you value brand reputation and resale value more, you can prioritize the one with better reputation; if you care more about value for money and equipment, choose the one with richer configurations. Ultimately, it is recommended to test drive both, personal experience is the most important.
In general, Proton X70 and Kia Sportage are both very good models in the Malaysian market. Choosing which one depends on your personal needs and budget. It is recommended to do research, compare quotes from several dealerships, and then test drive to make the final decision. Buying a car is a big matter, spending time on research will never be wrong.
2026 年上半年，汽車行業競爭持續加劇，市場結構加速迭代，奇瑞集團依托清晰的戰略佈局、深厚的自主技術積澱與成熟的全球化營運體系，在銷量規模、品質口碑、全球化進程、前沿科技佈局四大維度實現全面突破，屢獲銷量歷史新高、行業權威品質認證、全球產銷里程碑、《財富》世界 500 強席位等一系列標誌性成果，以穩定的增長韌性、領先的經營效益與多元化科技佈局，交出一份含金量充足的半年度高質量發展答卷。
從市場銷量維度來看，2026 年上半年奇瑞集團累計整車銷量達到 135.75 萬輛，同比增長 7.7%，刷新品牌創立以來同期銷量最高紀錄，穩固了自主品牌頭部陣營地位。亮眼的數據背後，出口與新能源兩大業務構成拉動增長的核心雙引擎，成為奇瑞區別於多數同行的核心優勢。上半年奇瑞海外出口總量 94.38 萬輛，同比大幅增長 71.5%，換算下來市場平均每 17 秒就有一台奇瑞整車發往全球各地。憑藉過硬的產品實力，品牌在歐洲、英國、澳大利亞等全球高法規標準市場持續實現市場份額突破，目前奇瑞全球海外用戶規模已接近 700 萬，佔品牌全部用戶總量的 35%，海外市場已成為支撐品牌長期發展的核心基本盤。
在出海模式層面，奇瑞早已跳出單純出口車輛的初級貿易模式，構建起行業獨有的“融入式出海”全新範式。目前奇瑞在西班牙、南非、巴西、俄羅斯、泰國、伊朗佈局六大海外製造核心節點，搭建起覆蓋全球重點市場的本地化生產網絡。其中西班牙 EBRO 工廠深耕歐洲本土市場，南非羅斯林工廠承接百年汽車製造基地產能，各大海外工廠均堅持深度屬地化營運，大量僱傭本地員工、培育本土上下游供應鏈、遵守當地法規並落地各類公益項目，摒棄簡單複製國內工廠的擴張思路，實現從“單純賣車”到“扎根當地、共生發展”的模式升級，為中國品牌全球化發展提供可複製、可參考的產業範本。
產品與服務品質層面，奇瑞在 2026 年實現行業標誌性突破，一舉包攬 J.D.Power 新車品質 IQS、產品魅力 APEAL、購車體驗 PXI、售後服務 CSI 四大核心研究自主品牌第一名，成為國內汽車行業首個達成該項評測“四滿貫”的車企。四項權威評測覆蓋車輛出廠品質、乘駕產品體驗、終端購車服務、售後維保全生命週期，全維度領先的評測結果，充分印證奇瑞長期堅持的品質製造體系落地成效，實現“銷量穩步提升，口碑同步夯實”的良性發展格局。與此同時，奇瑞前沿智能產業佈局落地見效，旗下墨甲機器人業務完成全球化規模化落地，產品進駐全球 60 多個國家、覆蓋上百類商用與工業場景，截至上半年全球累計銷量突破 2000 臺，人形機器人業務正式成為奇瑞科技出海的全新名片，標誌奇瑞已從傳統整車製造企業，向多賽道科技集團轉型。
2026 年上半年至 7 月，奇瑞接連迎來兩大足以載入品牌發展史的關鍵里程碑。第一個里程碑為 7 月 25 日達成的全球累計銷量突破 2000 萬輛。回望 29 年發展歷程，奇瑞始終堅守自主研發路線，打破行業“無合資難發展”“低體量無法自研核心技術”等固有偏見，走出一條完全自主可控的中國汽車發展道路。2000 萬輛不是發展終點，而是全新起點，當前奇瑞已同步佈局高階智能駕駛、飛行汽車、具身智能機器人、“3G 戰略”乃至可控核聚變等前沿賽道，持續打破傳統車企產業邊界，向全球化高科技集團穩步進化。
另一重磅里程碑是奇瑞汽車以獨立上市公司主體，成功入圍 2026《財富》世界 500 強榜單，位列第 383 位，同時亦是本年度中國大陸地區唯一新晉入榜的整車企業。經營效益層面，奇瑞淨資產收益率 ROE 超過 36%，在本屆世界 500 強企業中排名全球第 30，在所有上榜中國企業裡位居首位。不同於不少依靠營收體量上榜的企業，奇瑞此次以獨立上市主體身份登榜，體現企業現代化治理體系、市場化營運機制全面成熟，更打破了行業只比拼產銷規模的單一評價標準，證明奇瑞在規模增長之外，同時具備行業領先的盈利能力與高效資產週轉能力，完成從單純規模擴張到高質量效益增長的關鍵戰略轉身。
多重亮眼成果疊加，充分展現奇瑞 2026 上半年全方位、多層次的綜合競爭實力。站在半年發展節點，憑藉龐大的全球用戶基礎、完善的海外製造網絡、行業領先的品質背書與多元前沿技術儲備，奇瑞增長動能持續充足。下半年，奇瑞將持續放大出口、新能源雙增長曲線優勢，憑藉 2000 萬全球用戶積澱與世界 500 強平台勢能，持續深耕自主核心技術創新，深化全球本土化生態佈局，穩步推進全球化高科技集團建設，持續夯實自主品牌高質量發展根基，向全球市場傳遞中國汽車產業向上突破的核心力量。
In the Malaysian SUV market, many buyers compare Proton X70 and Chery Tiggo 9 when choosing a car. Both models are quite close in price and positioning. Today, we will make a detailed comparison from multiple aspects to help you save time on research.
The OTR price of Proton X70 in Malaysia is RM 106,800 - 122,300. There are a total of 3 versions, including 1.5L Standard 2WD (RM 106,800), 1.5L Executive 2WD (RM 115,800), 1.5L Premium 2WD (RM 122,300), etc.
The OTR price of Chery Tiggo 9 in Malaysia is RM 166,800 - 179,800. There is a total of 1 version, including 2026 2.0T Standard (RM 179,750), etc.
From the price perspective, Proton X70's starting price is indeed RM 60,000 cheaper than Chery Tiggo 9. If your budget is limited, Proton's entry-level version can already meet daily needs. However, also note that the few thousand ringgit saved might involve trade-offs in features, depending on your specific requirements.
Proton X70 is equipped with a 1.5L Turbo, 140 hp. Official fuel consumption 7.0 L/100km.
Chery Tiggo 9 is equipped with a 2.0L 4-cyl, 170 hp. Official fuel consumption 8.0 L/100km.
In terms of power, Chery Tiggo 9's 2.0L 4-cyl has 30 hp more than Proton X70's 1.5L Turbo. However, for daily driving in the city, both cars have enough power, you won't feel underpowered.
Proton X70 adopts FWD drive mode.
Chery Tiggo 9 adopts FWD drive mode.
Both cars have the same drive mode, both are FWD, there won't be a big difference in daily driving feel.
Proton X70 Warranty 5 years/150,000km, Maintenance interval every 10,000km or 6 months.
Chery Tiggo 9 Warranty 3 years/100,000km, Maintenance interval every 10,000km or 6 months.
Both Proton X70 and Chery Tiggo 9 are mainstream choices in the Malaysian market, suitable for family use and daily commuting. If you value brand reputation and resale value more, prioritize the one with better reputation; if you care more about cost-performance and specifications, choose the one with richer configurations. Ultimately, it is recommended to test drive both, personal experience is the most important.
Overall, Proton X70 and Chery Tiggo 9 are both very good models in the Malaysian market. Which one to choose depends mainly on your personal needs and budget. It is recommended to do your homework, compare quotes from several dealers, and then test drive to make the final decision. Buying a car is a big matter, spending time on research is never wrong.
In the SUV market in Malaysia, many buyers often compare Proton X70 and Chery Tiggo 9 when choosing a car. These two cars are quite similar in price and positioning. Today we will make a detailed comparison from multiple aspects to save you time doing research.
The OTR price of Proton X70 in Malaysia is RM 106,800 - 122,300, with a total of 3 versions, including 1.5L Standard 2WD (RM 106,800), 1.5L Executive 2WD (RM 115,800), 1.5L Premium 2WD (RM 122,300), etc.
The OTR price of Chery Tiggo 9 in Malaysia is RM 166,800 - 179,800, with a total of 1 version, including 2026 2.0T Standard (RM 179,750), etc.
From a price perspective, the starting price of Proton X70 is indeed RM 60,000 cheaper than Chery Tiggo 9. If your budget is limited, Proton's entry-level version can already meet daily needs. But also note, the few thousand difference in price might involve trade-offs in features, depending on your specific needs.
Proton X70's safety rating is 5★ (ASEAN NCAP), active safety systems include ADAS (ACC, AEB, LKA, LDA, BSM, RCTA).
Chery Tiggo 9's safety rating is TBD, active safety systems include Basic.
Regarding safety features, both cars have received good ratings. However, there are some differences in functions between Proton X70's ADAS (ACC, AEB, LKA, LDA, BSM, RCTA) and Chery Tiggo 9's Basic. If you value active safety, you can compare their function lists carefully.
Proton X70 body length 4400 mm, trunk 400 L.
Chery Tiggo 9 body length 4400 mm, trunk 400 L.
The dimensions of both cars are almost the same, and the interior space is not much different. For this class of cars, it is fully sufficient for daily use.
Proton X70 and Chery Tiggo 9 are both mainstream choices in the Malaysian market, suitable for family use and daily commuting. If you value brand reputation and resale value more, prioritize the one with better reputation; if you care more about cost-performance ratio and features, choose the one with richer configuration. Ultimately, it is recommended to test drive both, as experiencing it personally is the most important.
In general, Proton X70 and Chery Tiggo 9 are both quite good models in the Malaysian market. Which one to choose mainly depends on your personal needs and budget. It is recommended to do your homework, compare quotes from several car dealerships, and then test drive to make a final decision. Buying a car is a big matter, spending time doing research will never be wrong.
喺馬來西亞嘅 SUV 市場，好多買家喺揀車嘅時候都會拿 Proton X70 同 Chery Tiggo 8 嚟做比較。呢兩款車喺價位同定位上都幾接近，今日我哋就從多個方面做一個詳細嘅比較，幫你省返做功課嘅時間。
Proton X70 喺馬來西亞嘅 OTR 售價係 RM 106,800 - 122,300，一共有 3 個版本，包括 1.5L Standard 2WD（RM 106,800）、1.5L Executive 2WD（RM 115,800）、1.5L Premium 2WD（RM 122,300） 等。
Chery Tiggo 8 喺馬來西亞嘅 OTR 售價係 RM 129,750 - 129,750，一共有 1 個版本，包括 2026 1.6T Standard（RM 129,750） 等。
從價錢嚟睇，Proton X70 嘅起步價確實比 Chery Tiggo 8 平咗 RM 22,950。如果你預算有限，Proton 嘅入門版已經可以滿足日常需求。但亦要留意，平嗰幾千蚊，可能喺配備上會有取捨，具體就要睇你嘅需求。
Proton X70 搭載 1.5L Turbo，馬力 140 hp。官方油耗 7.0 L/100km。
Chery Tiggo 8 搭載 1.5L Turbo，馬力 140 hp。官方油耗 7.0 L/100km。
兩款車用嘅係同一套動力系統，日常開起嚟嘅感受基本冇咩分別。油耗方面也差不多，唔使太糾結呢一點。
Proton X70 保修 5 年/150,000km，保養間隔 每 10,000km 或 6 個月。
Chery Tiggo 8 保修 3 年/100,000km，保養間隔 每 10,000km 或 6 個月。
Proton X70 同 Chery Tiggo 8 都係馬來西亞市場嘅主流選擇，適合家庭使用、日常通勤。如果你更看重品牌口碑同二手價，可以優先考慮口碑更好嗰一款；如果你更在意性價比同配備，那就選配置更豐富嗰款。最終始終建議兩款都去試駕，親身體驗先係最重要嘅。
總體嚟講，Proton X70 同 Chery Tiggo 8 都係馬來西亞市場好唔錯嘅車款。揀邊一輛，關鍵始終都要睇你嘅個人需求同預算。建議大家做好功課，多比較幾間車行嘅報價，再去試駕先做最終決定。買車係件大事，花少少時間做功課絕對唔會錯。
In the Malaysian SUV market, many buyers compare Proton X70 and Toyota Corolla Cross when choosing a car. Both models are quite close in price and positioning, so today we will make a detailed comparison from multiple aspects to save you the time doing research.
The Proton X70 OTR price in Malaysia is RM 106,800 - 122,300, with a total of 3 versions, including 1.5L Standard 2WD (RM 106,800), 1.5L Executive 2WD (RM 115,800), 1.5L Premium 2WD (RM 122,300), etc.
The Toyota Corolla Cross OTR price in Malaysia is RM 133,800 - 148,800, with a total of 3 versions, including 2026 HEV 1.8L GR Sport (RM 148,800), 2026 HEV 1.8L Standard (RM 140,800), 2026 1.8L Standard (RM 133,800), etc.
From a price perspective, the Proton X70's starting price is indeed RM 27,000 cheaper than the Toyota Corolla Cross. If your budget is limited, Proton's entry-level version can already meet daily needs. However, note that the few thousand difference cheaper might mean compromises on features, depending on your specific needs.
The Proton X70 safety rating is 5★ (ASEAN NCAP), with active safety systems including ADAS (ACC, AEB, LKA, LDA, BSM, RCTA).
The Toyota Corolla Cross safety rating is 5★ (ASEAN NCAP), with active safety systems including TSS (PCS, LDA, ACC, LTA).
Both models have the same safety rating, and safety features are quite comprehensive for this level. New cars nowadays have good safety, so there is no need to worry too much about this.
Proton X70 warranty covers 5 years or 150,000km, maintenance interval every 10,000km or 6 months.
Toyota Corolla Cross warranty covers 5 years or unlimited mileage, maintenance interval every 10,000km or 6 months.
Both the Proton X70 and Toyota Corolla Cross are mainstream choices in the Malaysian market, suitable for family use and daily commuting. If you value brand reputation and resale value more, you can prioritize the one with better reputation; if you care more about cost-performance ratio and features, choose the one with richer configurations. Ultimately, it is recommended to test drive both models, as experiencing them personally is the most important.
Overall, the Proton X70 and Toyota Corolla Cross are both very good models in the Malaysian market. Which one to choose depends mainly on your personal needs and budget. We recommend doing your research, comparing quotes from multiple dealerships, and then test driving before making a final decision. Buying a car is a major matter, spending some time on research will never be wrong.
More shocking than CATL's performance is the provision of 76.1 billion "return" to shareholders -- dividend of 36.1 billion + buyback of 40 billion and cancellation.
On July 24, CATL released another outstanding half-year performance report.In the first half of 2026, CATL achieved operating revenue of 276.9 billion CNY,year-on-year increase of 54.8%; net profit attributable to shareholders of the parent company 43.28 billion CNY, year-on-year increase of 42.0%; basic earnings per share 9.51 yuan, year-on-year increase of 37.4%. This performance basically reached the upper limit of market expectations.
What shocked the market even more is,the company simultaneously launched a huge A-share buyback cancellation plan of 20 billion to 40 billion yuan.For comparison, according to Wind data, approximately 700 listed companies in the A-share market implemented share buybacks in the first half of 2026, with a cumulative buyback amount of approximately 65 billion yuan. The scale of CATL's buyback is evident from this.
However, interestingly, on one hand, CATL is doing a large buyback in the A-share market; on the other hand, it is also conducting equity financing as high as 39.1 billion HKD in the HK market, and issuing low-cost green tech innovation bonds with a limit of 40 billion yuan.
The reason is also simple,conducting A-share shareholder returns with domestic cash to solidify domestic market reputation; obtaining overseas financing through the HK market and issuing low-interest bonds for domestic and overseas expansion. The two sums of money have two uses, perfectly balancing expansion and shareholder returns. In addition, A-share buybacks can also hedge the equity dilution brought by H-share placement.
01
Energy Storage Business Booms, Second Growth Pole Maturing
Looking at the income statement, what is most worth paying attention to at CATL is not the steady growth of power batteries, but the continuous boom of energy storage business.
In the first half, power battery system revenue was 192.1 billion yuan, a year-on-year increase of 46%, gross margin 20.63%, a slight decline year-on-year but still healthy. But the real focus is on energy storage battery systems -- revenue reached 53.26 billion yuan, a year-on-year surge of 87.54%, the growth rate being almost twice that of power business. Energy storage revenue accounts for 19.2% of total revenue.
At the investor meeting, CATL disclosed more granular data:The combined sales volume of power and energy storage batteries in the first half increased by about 60% year-on-year, of which the proportion of energy storage battery sales has reached about 1/4, and the proportion of energy storage systems (not just cells) is close to 70%.
On the product level, 587Ah large capacity dedicated energy storage cells have achieved large-scale delivery, and the supporting 6.25MWh Tianheng energy storage systems and the world's first nearly 9MWh TENER Stack super-large capacity systems continue to mass-produce. The company also signed a 3-year, total scale of 60GWh sodium-ion battery energy storage strategic cooperation agreement with Hopewind.
02
Global Market Share Rises Against the Trend, Overseas Footprint Accelerates Expansion
Against the backdrop of trade tensions and complexifying geopolitics, CATL's global market share has risen instead of falling, which is truly rare.
According to SNE Research data, from January to May 2026, CATL's global power battery market share reached 40.2%, up 2.2 percentage points year-on-year, ranking first globally for nine consecutive years. In overseas markets (excluding China), the company's market share was 33.7%, up 3.7 percentage points year-on-year.
European market is an important incremental source.In the first half of 2026, new energy passenger car sales in Europe reached 2.351 million vehicles, a year-on-year increase of 31.7%, and penetration rate rose to 32.5%. CATL deeply supplies top overseas automakers such as Volkswagen, Stellantis, BMW, Volvo, Toyota, etc., and the Hungary factory and Spanish joint venture factory are steadily advancing, and localization delivery capabilities continue to enhance.
CATL also won bids for multiple energy storage system integration projects in countries such as Germany, Spain, Chile, Malaysia, and Australia, and overseas energy storage business is replicating the success path of power batteries.
Performance data shows,CATL's overseas revenue reached 87.1 billion yuan, accounting for 31.46% of revenue, a year-on-year increase of 42.35%.
03
High Potential Areas: AIDC and Sodium Batteries
If power and energy storage are CATL's "present", then AI Data Centers (AIDC) and sodium batteries are the "future".
Currently, global AI computing power demand is surging, and AIDC power guarantee and energy efficiency management have become a rigid demand. CATL has laid out AIDC full-scenario energy solutions, covering power generation side, medium voltage distribution side to inside the data center, which can address challenges such as compute-intensive and large load fluctuations.
It should be noted that AIDC demand is tied to global AI computing power investment, and currently this field is in an explosive phase. Company investor relations records also clearly state: "The rapid development of AI globally has driven requirements for AI-related infrastructure, such as AIDC, with huge future potential."CATL has entered a new trillion-level AI infrastructure track by selling batteries.
In addition, CATL's deeply deployed sodium batteries have already borne fruit. However, the market still focuses on the cost competitiveness of sodium batteries compared to lithium batteries. The company responded that after scaled production, sodium batteries have certain advantages in material costs compared to lithium iron phosphate batteries under current lithium carbonate prices, and possess differentiated characteristics such as wide temperature range adaptation, excellent low-temperature performance, and long life.Currently, the production line can achieve flexible lithium-sodium switching, and customers have sequentially signed contracts.
04
CATL Buyback History: From 2 Billion to 40 Billion
Another noteworthy point is CATL's 40 billion buyback cancellation this time. To understand this buyback, we need to first look at the market environment it is situated in.
Firstly, it needs to be stated that CATL's buyback at this point in time is not an isolated case.
According to Wind data statistics, in the first half of 2026, approximately 700 listed companies in the A-share market implemented share buybacks, with a cumulative buyback share quantity of approximately 5.06 billion shares, and a cumulative buyback amount of approximately 65 billion yuan. "Cancellation-style buyback" has also evolved from scattered cases into an increasingly common choice.
This is because, since 2026, the A-share market overall has presented a volatile pattern. In the first half of the year, the Shanghai Composite Index repeatedly pulled between 3,000 and 3,300 points, market sentiment was biased towards caution, and investor attention on listed company profitability quality and shareholder returns rose to unprecedented levelsThe regulatory layer is also continuously guiding listed companies to enhance investment value through dividends, buybacks, etc., conveying long-term bullish signals, further solidifying market bottom confidence.
Back to the lithium battery sector, the situation is more complex. From an industry fundamentals perspective, new energy vehicle penetration and energy storage demand remain strong, but capital market expectations often run ahead.In the peak period of 2021, the lithium battery sector index PE ratio once exceeded 100 times. However, with the emergence of capacity surplus worries, lithium carbonate prices dropped sharply from historical highs, and US and Europe trade barriers continued to increase, sector valuation experienced a long digestion process over the past few years.
Later, in late 2025, with the correction of lithium carbonate prices, lithium battery sector companies regained vitality.
On May 7, 2026, CATL A-share stock price surged again to a near-year high of 468.75 yuan, and was subsequently affected by factors such as concentrated institutional rebalancing (capital flowing to AI computing power tracks) and continuous foreign capital reduction, the stock price continued to fall. The company itself admitted in investor exchanges:"There has been certain volatility in the capital market recently, and the company's stock price has also fallen"—this directly explains the trigger for this round of buybacks.
This upper limit 40 billion yuan A-share largest scale cancellation-style buyback directly conveys a "stock price is undervalued" signal to the market, effectively hedging the selling pressure brought by previous concentrated institutional reductions, and driving market cap to repair quickly.
Looking back at CATL's buyback history, we can clearly see an "evolution" trajectory:
First time: October 2023, CATL launched the first round of buyback plan,proposed using 2 billion to 3 billion yuan to buyback shares, buyback purpose is to implement equity incentive plan or employee stock ownership plan.This round of buyback was completed in 2024 implementation,actual funds used were approximately 2.7 billion yuan. This was CATL's first attempt at buyback in the capital market.
Source: CATL New Energy Technology Co., Ltd. announcement on share buyback results
Second time: April 2025 to April 2026,the company announced it proposed using not less than 4 billion yuan and not more than 8 billion yuan to buyback A-shares.This round of buyback concluded successfully in April 2026, cumulative buyback shares 15,990,782 shares,total transaction amount 4.386 billion yuan, highest transaction price 317.63 yuan/share, lowest transaction price 231.50 yuan/share. But the purpose is still for equity incentive or employee stock ownership plan, no cancellation.
Source: CATL New Energy Technology Co., Ltd. announcement on A-share buyback results and share changes
Third time: July 2026,CATL announced it proposed using not less than 20 billion yuan and not more than 40 billion yuan to buyback shares, and clearly stated it will cancel the bought-back shares to reduce registered capital.
This is the company's first large-scale buyback for the purpose of cancellation in its history, the amount is 5-10 times the second round, nearly 20 times the first round.
Incentive-style buyback distributes value to employees, cancellation-style buyback returns value to all shareholders. The former is a management tool, the latter is a capital commitment.From 2 billion to 40 billion, from incentive to cancellation, CATL conveyed a clear signal to the market: the company is willing to convert profits into tangible returns for all shareholders.
Of course, the confidence for this large dividend comes from massive cash reserves. CATL market company cash on books as high as 372 billion yuan, in the first half of 2026 only interim dividend reached 6.493 billion yuan, annual dividend (including special dividend) total reached 36.1 billion yuan, free cash flow is sufficient. In addition to H-share placement completion, overseas financing channels are further broadened, providing sufficient ammunition for large-scale buyback.
In the Malaysian SUV market, many buyers compare the Proton X50 and Hyundai Tucson when choosing a car. These two vehicles are quite close in price and positioning. Today we will make a detailed comparison from multiple aspects to help you save time on research.
The Proton X50 OTR price in Malaysia is RM 89,800 - 113,300, with a total of 4 versions, including 1.5T Executive (RM 89,800), 1.5T Premium (RM 101,800), 1.5T Flagship (RM 113,300), etc.
The Hyundai Tucson OTR price in Malaysia is RM 143,888 - 197,888, with a total of 5 versions, including 2025 HEV 1.6T AT 2WD Prestige (RM 197,888), 2025 1.6T DCT 4WD Prestige (RM 186,888), 2025 1.6T DCT 2WD Prime (RM 164,888), etc.
From a price perspective, the starting price of the Proton X50 is indeed RM 54,088 cheaper than the Hyundai Tucson. If your budget is limited, the entry-level Proton can already meet daily needs. However, also note that the few thousand cheaper might mean compromises in features, it depends on your specific needs.
Proton X50 safety rating is 5★ (ASEAN NCAP), active safety systems include ADAS (ACC, AEB, LKA, LDA, BSM, RCTA).
Hyundai Tucson safety rating is 5★ (ASEAN NCAP), active safety systems include SmartSense.
Both cars have the same safety rating, safety features are quite comprehensive in this class. New cars nowadays are not lacking in safety, no need to worry too much about this.
Proton X50 body length 4400 mm, boot 400 L.
Hyundai Tucson body length 4400 mm, boot 400 L.
Both cars are almost the same size, cabin space is not much different. Cars in this class are more than enough for daily use.
Proton X50 and Hyundai Tucson are both mainstream choices in the Malaysian market, suitable for family use and daily commuting. If you value brand reputation and resale value more, prioritize the one with better reputation; if you care more about value for money and features, choose the one that is better equipped. Ultimately, it is recommended to test drive both, personal experience is the most important.
Overall, Proton X50 and Hyundai Tucson are both quite good models in the Malaysian market. Which one to choose depends mainly on your personal needs and budget. It is recommended to do your research, compare quotes from several dealerships, and then test drive to make a final decision. Buying a car is a big matter, spending time researching will never be wrong.
