August 28, Great Wall Motor Company Limited (hereinafter referred to as the “Great Wall Motors”, Stock Code: A-share 601633, H shares in 2333) released the first half of 2020 earnings. The first half of 2020, Great Wall Motor total revenue of 35.929 billion yuan. With the recovery of China’s auto market, Great Wall Motor to achieve double the second quarter growth in sales and results in the second quarter for three consecutive months to achieve sales year on year, more than double the growth. In terms of performance, Great Wall Motor second quarter total revenue of 23.513 billion yuan, an increase of 25.4 percentage, growth of 89.4 percentage, net profit of 1.796 billion yuan, an increase of 136.98 percentage. As of 30 June 2020, Great Wall Motor’s total assets amounted to 119.4 billion yuan, an increase of 5.5 percentage over the end of 2019.
in the first half of this year, affected by the epidemic and other factors, the global automotive market impact. The face of a rapidly changing external environment, unswervingly promote the Great Wall Motors’ new four modernizations “, the process of globalization, full and accelerated organizational change, science and technology as to lead to the transition to a global travel technology company as the goal, to become a more influential global auto companies continue to force Charge.
product / marketing to win market power sales / performance continued to grow
[123 ] face of the impact of the epidemic, Great Wall Motor to adhere to product innovation and marketing to win market, and take advantage of the Internet, a sound marketing network and service system, open up online, offline channels, to achieve double sales growth and performance.
from January to June this year, Great Wall Motor total sales of new cars 399,777 cars. Which, since March, Great Wall Motor will usher in a strong recovery in end markets, for four consecutive months to achieve sales were up. In the first half of this year, Great Wall Motor Bike average price of nearly 10 million, compared to last year surged 8 percentage is much higher than the average Chinese brands, even close to the part of the joint venture brand bicycle average selling price.
the first half of 2020, Harvard brand January-June cumulative sales of over 260,000, has become China’s first professional club to enter the 6 million SUV brand. WEY brand first half total sales of nearly 27,000, the cumulative sales of more than 350,000 mark. Euler brand intoOne segment winners for the first half of the A00 new energy. Great Wall pickup pickup stable domestic market sales crown, the market share of nearly 50 percentage.
Third Generation Harvard H6
Later this year, Great Wall Motor will bring its four brands joint action, for the Chinese automobile market, offer a gluttonous feast of new technologies, new products.
where the third-generation Hover H6, the first day of pre-orders for the break Qian, staged a “national God car” acceleration; more possibilities Hafer large dog giving car, open up a new blue ocean market; tank 300 will be off-road combined with the luxury perfect; Euler “the cat family” in a more powerful family line-up campaign new energy vehicle market; the Great Wall pickup diesel guns passenger listed 8AT model matrix rich lineup again.
Harvard Big Dog
Variety heavy new cars onto the market, not only Chinese auto market will inject fresh vigor, to provide consumers with more quality choices, more will further improve the market competitiveness of Great Wall Motor, Great Wall Motor to become the source for the second half of the sales and performance of sustained growth .
technology to build the core competitiveness of leading the continue to enhance the brand value of
Adhering to the principle of “precision R & D, over-investment”, to build the core technology competitiveness, and promote the brand value continued to improve, so that users perceive to surprise the world scientific and technological innovation, Great Wall Motor has always been the same concept.
the first half of 2020, Great Wall Motor cumulative R & D costs over 12 billion yuan, an increase of 33 percentage. At the same time, facing caused by digital, intelligent restructuring industrial revolution, Great Wall Motor presented “to the global travel technology company by the Chinese auto companies’ restructuring, and change the” reborn “in.
In this transformation, Great Wall Motor took the lead to do, is to change the organization of combat mode, to achieve “two open”: First in BusinessProduct planning phase will focus on competition, the market focus, customer focus, product planning to open up the path and series of product development; the second is through the process and the digital revolution to promote, strengthen brand management company, let people hear gunfire to make decisions.
Great Wall automotive technology brand conference [123 ] July 20, Great Wall Motor, “lemon”, “tank”, “coffee smart” technology brand three blockbuster release, also formally announced the Great Wall Motor to global travel technology company took the first step in transition.
as Great Wall Motor global, future-oriented technology brand, “Lemon, tanks, coffee intelligent” to cover the whole value chain innovation technology system automotive research and development, design, production, and car life, representing the Great Wall the new car quot; quot ;, concept cars Great Wall Motor is a strong accumulation of core technology, is a solid foundation for the development of the Great Wall Motor globalization.
Tank
300
Euler white
cats for the “new four modernizations” the wave of global accelerate the transformation of the automotive industry, Great Wall Motor will seize the lifeline of technology research and development, through enterprise reform and technological innovation, to inject momentum for sustainable development, with better products and services, provide a more extreme experience
users worldwide [ 123]