March 31, the Great Wall Motor Company Limited (hereinafter referred to as the “Great Wall Motors”, Stock Code: A-share 601633, H shares in 2333) released the 2019 annual results announcement. In a challenging 2019, Great Wall Motor robust performance. As of December 31, 2019, Great Wall Motor total revenue of 96.211 billion yuan, total profit of 5.101 billion yuan, net profit of 4.531 billion yuan, net profit attributable to shareholders was 4.497 billion yuan.
2019, Great Wall Motor advanced comprehensive globalization strategy, strong overseas performance, operating income reached 5.522 billion yuan, up rose 66.61 percentage. Car face “a new four modernizations” in-depth reform, Great Wall Motor insist on precision, over-development, positive transformation and innovation, to become a more influential global brands Charge.
GWM Harvard Technology Center
2019 [123 ] in the second half of revenue, net profit growth in double
2019, the face of the automobile industry restructuring and the domestic auto market freeze, Great Wall Motor by optimizing product structure, strengthen brand building, maintaining sound operation, in 2019 achieved total revenue of 96.211 billion yuan, net profit of 4.531 billion yuan. From the beginning of the second quarter of 2019, Great Wall Motor net profit growth momentum eye-catching, third and fourth quarter net profit rose 84.73 percentage and 12.79 percentage. The second half, Great Wall Motor total revenue, net profit double growth, total revenue increased by 8.47 percentage, growth of 32.52 percentage, net profit, growth of 94.61 percentage and 92.11 percentage respectively.
four brand leader in the market segments
2019, Great Wall Motor, the world’s total of nearly 1.06 million new cars delivered in downward pressure on the automobile market, still up 1.43 percentage achieved the growth rate for four consecutive years and sold more than one million.
Hover H6 300 Wan Anniversary Edition
Harvard, WEY, Euler, the Great Wall pickup four brand further consolidated its market position. Harvard brand for 10 consecutive years to maintain the Chinese SUV market sales champion, the global cumulative sales of nearly 600 million, “national God car” Hover H6 global cumulative sales exceeded 300 million units, creating a single Chinese brand car sales peak; F-based flagship model of Harvard F7 a total of 13 months sales break million.
WEY brand launched in 2019 heavy fuel vehicles VV7GT, as well as plug-in hybrid models VV7 PHEV, VV7GT PHEV, and VV5, VV6 create a strong family line-up, 2019 sales exceeded 10 million mark, since the brand was born cumulative sales of over 320,000, became the first to reach sales of 300,000 Chinese luxury SUV brand.
WEY brand new family of energy lineup
Euler Brand 2019 cumulative sales of new cars rose 184.85 YoY percentage, created the first record A00 segment sales growth.
Euler R1 goddess version
Great Wall pickup brand for 22 years maintain domestic and export sales double first, global holdings exceeded 1.6 million, the domestic market share of over 35 percentage. In the past year, the Great Wall pickup Great Wall heavy artillery released a new brand on the market for three months total sales of 18,200, won one fell swoop 100,000 yuan high-end pickup sales crown.
Great Wall gun passenger pickup
Focus user full enhance brand value
in the past year, Great Wall automotive products continued to intelligent, clean, the development of high-quality, high-value direction, more than 10 million vehicle sales accounting for over 65 percentage,New energy and fuel-efficient power products accounted for 68.3 percentage, become the main direction of development of Great Wall Motor.
At the same time, the Great Wall cars from user needs and user experience services starting in end products and after-sale terminal for users to create a better service experience. September 2019, China Quality Association released the survey results Automobile Customer Satisfaction (CACSI) 2019 years, the Great Wall Motor’s Hover brand and its models Hover H6, Haval F7, the Havel M6 achieved the industry’s highest points, respectively, “the sales service satisfaction “” 10-15 Wan A-class SUV “,” concerns about the new car, “” A below 70,000 level SUV “several awards first; WEY brand won the annual” Customer satisfaction Index “first, WEY VV6 won the” 2019 in the new car market focus (10-15 million SUV) “satisfaction first.
R & D precision, over-investment in new technology and then bear fruits
the face of the car the “new four modernizations” transformation, Great Wall Motor to continue to increase investment in research and development, in order to to deal with in-depth reform of the industry. 2019, Great Wall Motor R & D investment 2.716 billion yuan (cost of expenses), an increase of 55.8 percentage. R & D expenses accurately and efficiently into clean technology, intelligent network with autopilot technology research and development, and global R & D layout and other fields.
Great Wall Motor GW4C20B 2.0T gasoline engine won the “China Heart” 2019 Ten Best Engines; honeycomb Yi Chong released a new generation powertrain technology products, including a new generation of environmentally friendly 4N20 2.0T engine, the world’s first public published 9-speed wet dual clutch transmission –9DCT transmission, and 6001 series electric drive, a number of indicators to achieve a fully optimized fuel consumption, emissions, power and so on.
4N20 engine powertrain transmission 9DCT
In the field of new energy Great Wall Motor synchronized with EV, HEV, PHEV models developed three technologies FCV architecture and planning, WEY brand during the year to launch two plug-in hybrid models VV7 PHEV and VV7GT PHEV, to further improve the Great WallNew energy automotive product placement.
WEY VV7 PHEV
in the intelligent network linking field, Great Wall Motor It is to build an open platform for technological innovation, innovation, open eyes, to strengthen external cooperation, and jointly promote 5G, internet of things, the key technology of automatic driving, car networking V2X other research and development, accelerate the pace of industrialization of common technology. 2019, Great Wall Motors United Huawei, Qualcomm, Baidu and other eight strategic partner to jointly build 5G + AI-based technology, to build a global ecological wisdom, and create a traveling robot era.
Great Wall Motor smart cockpit
large overseas sales up 66.61 percentage globalization strategy highlights the effectiveness of
2019, Great Wall Motor advanced comprehensive globalization strategy, strong overseas performance, achieve export 65,400 vehicles, up 44.93 percentage surged. Among them, the annual export 17,500 pickup models, the cumulative increase of 34.66 percentage; SUV models exported 43,800, up surged 57.62 percentage.
contributed to rising car exports rose overseas performance. 2019, Great Wall Motors overseas markets, total revenue of 5.522 billion yuan, up 66.61 percentage surged, in which Russia, South Africa, Saudi Arabia market revenue reached 1.434 billion yuan, 1.082 billion yuan, 7.20 billion yuan, respectively, year on year rose 260.24 percentage, 46.0 percentage and percentage of 752.80.
Great Wall Motors overseas franchise stores in Moscow FK shop
2019 6 month, Great Wall Motor factory owned construction of Tula, Russia officially put into operation, the first “global car” Hafer F7 on the market and be successful. Currently, Great Wall Automobile ownership in the Russian market more than 12Million. It is to speed up global R & D, production and distribution construction and laying of distribution channels, and jointly promote the rapid increase Great Wall Motor sales in overseas markets.
a plan view of the plant GWM Tula, Russia
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Great Wall Motor Tula, Russia factory’s first car off the assembly line – Harvard F7
factory automation production lines
for 2020, under the severe challenges of the new crown pneumonia epidemic sweeping the world, Great Wall Motor will actively respond to innovation, open eyes, further deep plowing vehicle, parts of core technologies, and high-tech research and development for the automotive “new four modernizations” in-depth reform Charge; the depth of the user’s mental focus to keep leader position in the domestic market advantage; at the same time, speed up the “going out” pace, providing high-quality, high standards, intelligent, young products for the global market; and innovative marketing changes, enabling the brand vitality, strengthen the global brand value of Great Wall Motor, and gradually build the world more influential brands.