601633 Great Wall Motor
- 26.20
- -0.10-0.38%
Great Wall Motor News
Under multiple pressures, the performance of new car builders in April was very different: ideally to respond with price cuts, NIO surged year-on-year
① Ideal completed the delivery of 25,787 vehicles in April, a slight increase of 0.4% year-on-year and a decrease of 11.03% month-on-month. ② NIO Auto delivered 15,620 vehicles in April, up 134.6% year on year. Since the beginning of April, NIO Auto's price reduction strategy has been showing results. ③ Zero Sports delivered 1,5005 vehicles in April, a year-on-year increase of 71.96%.
The latest statement from the National Development and Reform Commission! Talking about the economic situation, new energy vehicles...
GDP grew 5.3% year on year in the first quarter, 0.1 and 0.8 percentage points higher than the previous quarter and the same period last year, respectively.
Express News | National Development and Reform Commission: Promoting the development and growth of key NEV enterprises and accelerating the withdrawal of backward enterprises and production capacity
The list of Hong Kong stock May gold stocks has been released! Institutions focus on the technology sector, and Tencent, JD, and Xiaomi are all favored
Concerns about stagflation raised by US data for the first quarter drove international capital to flow from the US and Japanese stock markets to Hong Kong stocks. At the same time, southbound capital is also further increasing efforts to “sweep” Hong Kong stocks.
China's New Energy Sector Full of Dynamism
BEIJING - Some Western countries accuse China of "overcapacity" in its new energy sector. However, facts and figures prove such a narrative groundless and false.
Express News | Shanghai: Encourage banking institutions to appropriately reduce the down payment ratio for car loans and reasonably determine loan terms and credit lines
Great Wall Motor (601633): Significant improvements in business performance in the first quarter benefited from sales structure optimization and export volume
Core view The company's revenue, net profit attributable to mother, and non-net profit for the first quarter of 2024 were 42,860 billion yuan, 3.228 billion yuan, and 2,024 billion yuan respectively; year-on-year increases of 47.60% and 1752.55% respectively
Great Wall Motor Delays Target of 1 Million Annual Overseas Sales From 2025 to 2030
Great Wall Motor plans to achieve overseas sales of over 1 million units by 2030, with premium models accounting for more than 1/3 of the total, it said. The post Great Wall Motor delays target of 1 million annual overseas sales from 2025 to 2030 appeared first on CnEVPost. For more articles, please visit CnEVPost.
Intraday Overview | Petroleum and shipping stocks strengthened, CNOOC rose 4%, and Dongfang Overseas International rose nearly 6%
Auto stocks continued to rise, with Ideal Auto rising more than 3%; coal stocks strengthened, Yankuang Energy rose nearly 4%; and L'Occitane surged nearly 10%.
Hong Kong Stock Concept Tracking | Guangzhou launches consumer goods trade-in implementation plan, agency estimates demand for new car purchases is expected to reach 2.58 million units (with concept stocks)
Agencies estimate that demand for new car purchases is expected to reach 2.58 million units
Express News | People's Daily Heyin: The advantages of China's new energy industry are obtained through real skills
Selected announcements | BYD's net profit for the first quarter increased by nearly 11% year-on-year; CNPC's profit for the first quarter exceeded 45 billion yuan
ICBC's first quarter revenue fell nearly 3% year on year; Vanke Enterprise's first quarter revenue fell by more than 10% year on year.
Express News | CITIC Construction Investment: Vehicle trade-in rules will drive demand for new car purchases and is expected to reach 2.58 million units
Great Wall Motor (601633): Product structure optimization, high performance increase in 24Q1
Incident: The company released its 2024 quarterly report. In 24Q1, the company achieved revenue of 42.86 billion yuan, +47.6% year over year; realized net profit to mother of 3.23 billion yuan, +1752.6% year over year; realized deduction of non-profit2
Express News | Ministry of Industry and Information Technology: Documents such as the Management Measures for the Comprehensive Utilization of New Energy Vehicle Power Batteries are being studied and drafted as soon as possible
The automotive sector is once again strengthening, and the joint efforts of the central government, local authorities, and enterprises are expected to drive an increase of 1 to 2 million new cars
Combined with factors such as the intense hosting of the Beijing Auto Show and the successive introduction of “trade-in” policies and rules by local authorities and companies, the market closed on April 29, and related sectors, including complete vehicles, car dismantling, and auto parts, once again strengthened collectively. Among them, stimulated by the continuous introduction of local automobile consumption policies, Hong Kong stocks such as Zero Run, NIO, and Ideal generally rose; among A-shares, Zotye Auto had the highest increase, reaching 6.67%, and at one point it was close to a standstill in the intraday period.
Read the list of Hong Kong stocks in April | The list of Hong Kong stocks for April has been released! Shangtang rose by nearly 70%, and TCL Electronics recorded 13 consecutive rises
A number of auto stocks showed strong performance. Brilliance China and Great Wall Motor recorded increases of 64.1% and 33.33% respectively during the month. It is worth noting that the former's stock price has doubled and surged since this year.
Hong Kong Stock Afternoon Review | The three major indices rose sharply, domestic housing stocks and insurance stocks rose, Sunac China rose nearly 24%, and AIA Insurance rose nearly 8%
Technet stocks had mixed ups and downs. NetEase rose nearly 3%, Meituan fell nearly 3%; auto stocks rose one after another, with Zero Running up more than 9%, and Xiaopeng Motors rising nearly 5%.
Li Qiang: The NEV market in China and the world continues to grow, and there is huge room for demand
① Li Qiang said that China's intelligent connected NEVs have formed a leading edge in market competition and open cooperation, and efforts must continue to be made to maintain and develop their advantages; ② Li Qiang stressed that the current NEV market in China and the global market continues to grow.
Great Wall Motor (601633): Going overseas significantly increased profits and profits exceeded expectations
The incident described Great Wall Motor's 2024Q1 revenue of 42.86 billion yuan, up 47.6% year on year; net profit to mother of 3.23 billion yuan, up 1752.5% year on year, net profit after deducting 2.02 billion yuan, a year-on-year increase of 2.02 billion yuan
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