Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. Hong Kong
  4. Hong Kong Stock Exchange
  5. Great Wall Motor Company Limited
  6. News
  7. Summary
    2333   CNE100000338

GREAT WALL MOTOR COMPANY LIMITED

(2333)
  Report
End-of-day quote. End-of-day quote Hong Kong Stock Exchange - 01/14
25.65 HKD   +0.59%
01/13GWM Hit a New Record in 2021 with 15% Sales Growth
AQ
01/13Great Wall Motor Denies JV Plans With Tata Motors-owned Land Rover
MT
01/13BMW’s China Sales Plunge 19% in Q4; 2021 Sales Surge to Record High
MT
SummaryChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Great Wall Motor : GWM European Headquarters Opened in Munich, Germany, Speeding Up the European Strategy

11/24/2021 | 08:00pm EST

The functions of the European headquarters will cover R&D, sales and management, among which R&D will focus on complete vehicle integration, vehicle component development, development and integration of electronic power system platforms, smart driving and Internet of Vehicles.

The functions of the European headquarters will cover R&D, sales and management, among which R&D will focus on complete vehicle integration, vehicle component development, development and integration of electronic power system platforms, smart driving and Internet of Vehicles. The GWM Munich team will continue to expand and is expected to total nearly 300 members by early 2022.

The set-up of the European headquarters will enhance cooperation between GWM and its suppliers, in addition to investment in the upstream and downstream supply chains. Svolt Energy Technology, a subsidiary of GWM, has officially selected Saarland, Germany, to build two battery plants with a total investment of €2 billion, including a cell module plant and a module PACK plant. Nobo Auto also has roof panel production bases in Überherrn and Bremen.

GWM is building an ecosystem of lifestyles for European customers, offering not only premium products but also a complete life-in-auto experience, including charging services, maintenance and repair services, smart cockpit active services, used car replacement services and more.

GWM insists on establishing co-creation communities with a user orientation. Through the WEY & ORA APP platform, users can interact and interconnect with GWM brands and products, and participate in the product development process.

GWM Brand Experience Centres, scheduled to open in Munich and Berlin in 2022, are the communication centerpiece between GWM and customers. Smart models WEY Coffee 01 and ORA Cat have been presented at IAA 2021 Munich, with pre-sales commencing soon and the first deliveries will be made in the first half of 2022.

"The European market is the focus of GWM's development strategy, and we will invest in the most advanced green and smart automobiles in Europe, and will also establish localised R&D centres and production bases here." Qiao Xianghua, CEO of GWM Europe, said, "GWM wants to become a smart technology company, with global competitiveness."

The establishment of the European headquarters and the German subsidiary is an important milestone on the road of globalisation for GWM. GWM hopes to stimulate more customer demand with smart products of technology, making the automobile a third living space with emotion, intelligence and convenience.

DOWNLOAD
SHARE THIS NEWS
DOWNLOAD
SHARE THIS NEWS

RELATED NEWS

Disclaimer

Great Wall Motor Co. Ltd. published this content on 25 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 25 November 2021 00:59:05 UTC.


ę Publicnow 2021
All news about GREAT WALL MOTOR COMPANY LIMITED
01/13GWM Hit a New Record in 2021 with 15% Sales Growth
AQ
01/13Great Wall Motor Denies JV Plans With Tata Motors-owned Land Rover
MT
01/13BMW’s China Sales Plunge 19% in Q4; 2021 Sales Surge to Record High
MT
01/11Chinese Auto Brands Gain Popularity in Russia, Industry Insiders Say
MT
01/11China's Passenger Car Sales Rise 4.4% in 2021
MT
01/09GREAT WALL MOTOR : GWM sold over 1,280,000 in 2021 with an increase of 15.2% year-on-year
PU
01/07Full speed up! GWM'S Global Layout of New Energy Is Expanding Rapidly
AQ
01/07Great Wall Motor's Vehicle Sales, Output Surge 15% in 2021
MT
01/06Great Wall Motor Company Limited Reports Unaudited Production Results for the Month and..
CI
01/06Great Wall Motor Company Limited Reports Unaudited Sales Results for the Month and Year..
CI
More news
Analyst Recommendations on GREAT WALL MOTOR COMPANY LIMITED
More recommendations
Financials
Sales 2021 132 B 20 747 M 20 747 M
Net income 2021 7 525 M 1 185 M 1 185 M
Net Debt 2021 5 431 M 855 M 855 M
P/E ratio 2021 25,7x
Yield 2021 1,76%
Capitalization 341 B 53 694 M 53 698 M
EV / Sales 2021 2,63x
EV / Sales 2022 1,85x
Nbr of Employees 63 174
Free-Float 44,2%
Chart GREAT WALL MOTOR COMPANY LIMITED
Duration : Period :
Great Wall Motor Company Limited Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends GREAT WALL MOTOR COMPANY LIMITED
Short TermMid-TermLong Term
TrendsBearishBearishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 31
Last Close Price 20,93 CNY
Average target price 31,29 CNY
Spread / Average Target 49,5%
EPS Revisions
Managers and Directors
Feng Ying Wang Vice Chairman & General Manager
Hong Shuan Li Chief Financial Officer
Jian Jun Wei Chairman
Cai Juan Lu Member-Supervisory Chairman
Li Hui Ma Independent Non-Executive Director
Sector and Competitors
1st jan.Capi. (M$)
GREAT WALL MOTOR COMPANY LIMITED-4.29%53 694
TOYOTA MOTOR CORPORATION13.51%290 098
VOLKSWAGEN AG8.80%138 844
FORD MOTOR COMPANY21.28%100 665
DAIMLER AG10.65%91 391
GENERAL MOTORS COMPANY4.21%88 709