Great Wall Motor (02333.HK): Expects attributable net profit for the first half of the year to decline by 58.97% to 62.92% year-on-year.

Gelonghui, July 14 — Great Wall Motor Company Limited (02333.HK) announced that the company expects its net profit attributable to owners of the parent for the first half of 2026 to be between RMB 2.35 billion and RMB 2.60 billion, representing a decrease of RMB 3.737 billion to RMB 3.987 billion compared to the same period last year, or a year-on-year decline of 58.97% to 62.92%. The company also expects its net profit attributable to owners of the parent, excluding non-recurring gains and losses, for the first half of 2026 to be between RMB 1.50 billion and RMB 1.75 billion, representing a decrease of RMB 1.831 billion to RMB 2.081 billion compared to the same period last year, or a year-on-year decline of

Gelonghui Finance17:29

Express News | Wei Jianjun Responds to Great Wall Motor's Profit Decline

Breakings19:34

Great Wall Motor (02333) plans to repurchase up to 10% of its H-shares.

Great Wall Motor Company Limited (02333) announced that shareholders approved, at the 2025 annual general meeting held on June 26, 2026, a general mandate authorizing the directors to repurchase H shares of the company. Under this authorization, the company may repurchase up to 10% of the total number of issued H shares (excluding treasury shares) as of the date the resolution approving the H share repurchase mandate was passed. Such repurchases may be conducted under the share repurchase program until the earlier of the conclusion of the company’s next annual general meeting or the expiration of 12 months from the grant of the repurchase mandate.

Zhitong Finance17:31

ANNOUNCEMENT ON THE ESTIMATED RESULTS FOR THE FIRST HALF OF 2026

HKEX17:26 · Announcements

China Association of Automobile Manufacturers: 'The average age of new energy vehicles is only 1.8 years' is a market misinterpretation.

The China Association of Automobile Manufacturers (CAAM) clarified that recent media reports citing partial data from the '2025 Annual Development Report on China’s Automotive Aftermarket'—such as claims that 'the average age of new energy vehicles is only 1.8 years' and 'consumers replace their electric vehicles every 3 to 5 years'—have led to market misinterpretation. CAAM emphasized that 'average vehicle age in use' does not equate to 'vehicle replacement cycle,' nor does it equate to 'average vehicle service life.' The 'average vehicle age in use' published in the report specifically refers to the average time elapsed since new energy vehicles currently in circulation in China were first sold, as of the end of 2025—akin to human average age, rather than life expectancy. 'Vehicle replacement cycle' refers to the period after which vehicle owners

AASTOCKS17:08

China Passenger Car Association: Pickup truck sales reached 62,000 units in June, up 29.1% year-on-year, with strong export performance.

In June 2026, pickup truck market sales reached 62,000 units, up 29.1% year-over-year and 2.8% month-over-month.

Zhitong Finance16:54