Core Viewpoint - Great Wall Motors (601633)(02333) has seen a nearly 5% increase in stock price, currently at 18.91 HKD, with a trading volume of 268 million HKD, following the launch of the new Tank 500 model, which has received strong pre-order interest [1] Group 1 - On August 27, Great Wall Motors officially launched the new Tank 500, priced between 335,000 to 375,000 CNY [1] - The Tank brand's Executive Vice President, Gu Yukun, announced that the Tank 500 secured 12,257 orders within just 2 hours of its release [1] - According to Shenwan Hongyuan, the fundamental logic for Great Wall Motors has remained unchanged since Q2, focusing on the growth of its high-profit brands, Wey and Tank [1] Group 2 - Following the upgrades of the Blue Mountain and the launch of the High Mountain 7, Wey's monthly sales are expected to reach 20,000 units, with potential for further sales growth as new platform models are introduced [1] - The strong pre-sale performance of the Tank 500 is noted as a positive indicator for the company's future sales [1] - Currently, Great Wall Motors' Hong Kong stock price-to-earnings (PE) ratio is considered low, indicating high cost-effectiveness and sustained recommendation value in the short to medium term [1]

Core Viewpoint - Great Wall Motors (02333) has seen a nearly 5% increase in stock price, currently at HKD 18.91, with a trading volume of HKD 268 million, following the launch of the new Tank 500 model, which has received strong pre-order interest [1] Group 1: Company Performance - The new Tank 500 was officially launched on August 27, with a price range of RMB 335,000 to RMB 375,000 [1] - The Tank brand's executive vice president announced that within just 2 hours, 12,257 units of the Tank 500 were locked in for orders [1] - Shenwan Hongyuan noted that Great Wall Motors' fundamental logic has remained unchanged since Q2, focusing on the growth of its high-profit brands, Wey and Tank [1] Group 2: Sales and Profitability Outlook - Following the upgrades of the Blue Mountain and the launch of the High Mountain 7, Wey's monthly sales are expected to reach 20,000 units [1] - The introduction of new platform models is anticipated to further elevate sales ceilings, significantly enhancing profit elasticity [1] - The strong pre-sale performance of the Tank 500 indicates a positive market reception, contributing to the company's growth potential [1] Group 3: Market Valuation - The current price-to-earnings (PE) ratio of Great Wall Motors in the Hong Kong market is considered low, indicating high cost-effectiveness [1] - The company is viewed as having sustained recommendation value in both the short and medium term [1]

齐鲁晚报·齐鲁壹点 陈颖 8月27日，坦克品牌"开启越野新时代"全新坦克500上市发布会在都江堰举行。这是首次在都江堰举办的汽车发布会， 也是长城Hi4、坦克品牌向传承千年"中国智慧"的崇高致敬。 全新坦克500定位全场景智能豪华越野SUV，推出Hi4-Z、Hi4-T及3.0T V6燃油三种动力版本，其中Hi4-Z智享版37.5万 元，Hi4-T智享版35.5万元，Hi4-T基础版33.5万元，3.0T造境版35.5万元，相比预售价格更具吸引力。 为回馈用户厚爱，坦克推出关怀政策，对于Hi4-Z智享版、Hi4-T智享版的购车用户，除了总价值41000元的高速/城市 NOA智慧领航辅助驾驶、车位到车位领航辅助、17.3英寸3K后排娱乐屏和智能冷暖双用冰箱，上市期订车还可尊享总 价值38000元的5重限时豪礼：包含3000元定金抵6000元购车尾款；价值3000元远红外夜视系统选装基金；价值5000元 科技包、价值8000元座椅按摩包免费送；为感谢坦克老用户，坦克老车主增换购享15000元补贴，非坦克用户增换购 至高7000元补贴；送一年价值4000元提供至高500万的辅助驾驶保障服务。 对于Hi4-T基础版和3 ...

天眼查资料显示，长城汽车股份有限公司，成立于2001年，位于保定市，是一家以从事汽车制造业为主 的企业。企业注册资本855894.5933万人民币。通过天眼查大数据分析，长城汽车股份有限公司共对外 投资了75家企业，参与招投标项目2596次，财产线索方面有商标信息5000条，专利信息5000条，此外企 业还拥有行政许可640个。 专利摘要显示，本实用新型公开了减振器和车辆，减振器包括：壳体，壳体包括第一筒体、第二筒体和 防尘罩，防尘罩可伸缩地连接在第一筒体和第二筒体之间；活塞杆组件，活塞杆组件包括活塞杆和衬 套，衬套与第二筒体之间连接有外套管，衬套适于与车辆的悬架系统相连，活塞杆设置于壳体内。由 此，通过将活塞杆的轴向第一端从第二筒体伸出至外套管内且与外套管螺纹连接，在衬套的径向相对两 侧开设通孔，活塞杆的轴向第一端开设限位孔，使限位孔与通孔相互对应，这样可以通过限位孔与通孔 的配合优化活塞杆的固定工序和活塞杆与衬套的拆解方案，同时可以避免活塞杆在拆解过程中出现划伤 或磨损等问题，进一步地，可以方便减振器内部器件的维修与更换。 金融界2025年8月28日消息，国家知识产权局信息显示，长城汽车股份有限公司取得一 ...

Core Insights - The Chinese pickup truck market showed a mixed performance in July, with sales of 41,000 units, a year-on-year increase of 1.7% but a month-on-month decline of 15%, maintaining a median level over the past five years [2] - From January to July, total sales reached 348,000 units, reflecting an 11% year-on-year growth [2] - The leading companies in the pickup market include Great Wall Motors, SAIC Maxus, Zhengzhou Nissan, Changan Automobile, and JAC Motors, all selling over 3,000 units in July [3][4] Market Dynamics - Great Wall Motors dominated the market with 110,000 units sold from January to July, accounting for one-third of the total market share, while other strong competitors like JAC Motors and BYD are gaining ground [3] - In July, Great Wall Motors sold 13,800 units, a 14.5% increase year-on-year, significantly outpacing competitors [3] - The domestic market is characterized by a "one super, three strong" structure, with Great Wall Motors holding nearly 50% of the domestic market share [4] New Energy Pickup Growth - The new energy pickup market is rapidly expanding, particularly in regions like Guangdong, with significant growth potential for domestic demand [5] - Sales of new energy pickups are projected to grow from 0.3 million in 2022 to 2.1 million in 2024, with a year-on-year increase of 702% in the first seven months of 2025 [5] - Radar New Energy's sales reached 9,337 units in the first seven months of 2025, marking a 191% increase [5] Export Trends - The export of Chinese pickups has become a significant segment, with 18,100 units exported from January to July 2025, a 37% year-on-year increase [6] - The export proportion of total pickup sales is rising, reaching 52% in the first seven months of 2025, with July alone seeing a 56% export rate [6][7] - Great Wall Motors remains the leader in export volume, but competitors like SAIC Maxus and JAC Motors are also showing strong export performance [7] Future Projections - The pickup market is expected to see domestic demand exceed 1 million units by 2030, with total sales potentially reaching 2 million units when including exports [8]

Group 1 - In July, the pickup market in China sold 41,000 units, a year-on-year increase of 1.7% but a month-on-month decrease of 15%, maintaining a median level over the past five years [1] - From January to July, the total sales of pickups reached 348,000 units, representing an 11% year-on-year growth [1] - The top five companies in July sold over 3,000 units each, with Great Wall Motors leading the market [2][3] Group 2 - Great Wall Motors sold 110,000 pickups from January to July, capturing one-third of the market with a year-on-year increase of 5.8% [2] - In July, Great Wall Motors sold 13,800 pickups, a 14.5% increase year-on-year, significantly ahead of competitors [2] - The domestic pickup market is characterized by a "one super, three strong" structure, with Great Wall Motors, Jiangling Motors, and Zhengzhou Nissan performing well [3] Group 3 - The new energy pickup market is growing rapidly, with significant increases in sales in regions like Guangdong [3][4] - New energy pickup sales in 2025 reached 46,000 units from January to July, a staggering 702% year-on-year increase [3] - The overall trend indicates a shift towards private consumption of pickups, driven by models like Radar New Energy [4] Group 4 - The export market for pickups is thriving, with 18,100 units exported from January to July, a 37% year-on-year increase [5] - By July 2025, the export volume of pickups reached 23,000 units, with exports accounting for 56% of total sales in that month [5][6] - Great Wall Motors remains the leader in pickup exports, but other brands like SAIC Maxus and BYD are also showing strong performance [6] Group 5 - The China Automotive Industry Association predicts that domestic demand for pickups could exceed 1 million units by 2030, with total sales potentially reaching 2 million units [7]

Core Insights - The event highlighted the comparison between Great Wall Motors' Hi4 intelligent four-wheel drive technology and the ancient Dujiangyan irrigation system, emphasizing the shared philosophy of adapting to natural conditions and sustainable management [1][3] Group 1: Event Overview - A live broadcast event was held at the Dujiangyan scenic area featuring Great Wall Motors' Chairman Wei Jianjun and cultural expert Zhao Wenqiao discussing the theme "Great Wall Hi4 Salutes Dujiangyan" [1] - The event aimed to draw parallels between the scientific principles of Dujiangyan's water management and the technological advancements of Great Wall's Hi4 system [1] Group 2: Technological Insights - Wei Jianjun explained that the Hi4-Z system in the new Tank 500 model utilizes a power distribution architecture similar to the water diversion function of Dujiangyan, ensuring four-wheel drive capability during acceleration or climbing [3] - The company aims to position Hi4 as "the Dujiangyan of the automotive industry," focusing on user-centered design and safety in extreme conditions [3] Group 3: Financial Performance - In July 2025, Great Wall Motors achieved global sales of 104,372 units, a year-on-year increase of 14.34%, with new energy vehicle sales reaching 34,593 units, up 43.27% [5] - For the first seven months of 2025, cumulative sales reached 674,161 units, reflecting a growth of 3.57% [5] - The company reported a revenue of 202.195 billion yuan for 2024, a 16.73% increase, and a net profit of 12.692 billion yuan, up 80.73% [5] Group 4: Strategic Goals - Great Wall Motors reiterated its "International New Four Modernizations" framework, focusing on localized production, cultural brand integration, and supply chain security [5] - The company has established over 1,400 sales channels in more than 170 countries and regions, with cumulative export sales exceeding 2 million units [5]

证券之星消息，8月27日乘用车板块较上一交易日下跌2.95%，长城汽车领跌。当日上证指数报收于 3800.35，下跌1.76%。深证成指报收于12295.07，下跌1.43%。乘用车板块个股涨跌见下表： | 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | --- | --- | --- | --- | --- | --- | | 601238 | 广汽集团 | 7.88 | -1.99% | 39.59万 | 3.17亿 | | 601127 | 塞力斯 | 131.82 | -2.04% | 40.71万 | 54.81亿 | | 000625 | 长安汽车 | 12.75 | -2.60% | 248.08万 | 32.13 Z | | 000572 | 梅紧迫换 | 4.74 | -2.67% | 89.12万 | 4.33亿 | | 002594 | 比亚迪 | 110.68 | -2.70% | 68.97万 | 77.62亿 | | 600733 | 北汽蓝谷 | 8.67 | -3.56% | 184.43万 | 16.41亿 | | 600104 | 上汽集 ...

Core Insights - The top three companies with the highest AH premium rates are Northeast Electric (00042) at 770.97%, Hongye Futures (03678) at 252.57%, and Andeli Juice (02218) at 238.08% [1][2] - The bottom three companies with the lowest AH premium rates are CATL (03750) at -18.73%, Midea Group (00300) at 6.86%, and Heng Rui Medicine (01276) at 7.43% [1][2] - The companies with the highest deviation values are Beijing Machinery (00187) at 32.43%, Andeli Juice (02218) at 29.55%, and Fudan Zhangjiang (01349) at 29.44% [1][3] - The companies with the lowest deviation values are BYD (01211) at -84.97%, Longpan Technology (02465) at -62.46%, and GAC Group (02238) at -26.17% [1][3] AH Premium Rate Rankings - The top AH stocks by premium rate include: - Northeast Electric (00042): H-share at 0.310 HKD, A-share at 2.25 CNY, premium rate 770.97%, deviation -23.02% [2] - Hongye Futures (03678): H-share at 4.280 HKD, A-share at 12.6 CNY, premium rate 252.57%, deviation 25.11% [2] - Andeli Juice (02218): H-share at 17.780 HKD, A-share at 50.18 CNY, premium rate 238.08%, deviation 29.55% [2] - The bottom AH stocks by premium rate include: - CATL (03750): H-share at 410.200 HKD, A-share at 278.3 CNY, premium rate -18.73%, deviation 1.21% [2] - Midea Group (00300): H-share at 81.500 HKD, A-share at 72.71 CNY, premium rate 6.86%, deviation -1.78% [2] - Heng Rui Medicine (01276): H-share at 72.500 HKD, A-share at 65.03 CNY, premium rate 7.43%, deviation 11.64% [2] Deviation Value Rankings - The top AH stocks by deviation value include: - Beijing Machinery (00187): H-share at 4.950 HKD, A-share at 13.24 CNY, premium rate 220.40%, deviation 32.43% [3] - Andeli Juice (02218): H-share at 17.780 HKD, A-share at 50.18 CNY, premium rate 238.08%, deviation 29.55% [3] - Fudan Zhangjiang (01349): H-share at 3.590 HKD, A-share at 10.06 CNY, premium rate 235.65%, deviation 29.44% [3] - The bottom AH stocks by deviation value include: - BYD (01211): H-share at 115.100 HKD, A-share at 110.68 CNY, premium rate 15.18%, deviation -84.97% [3] - Longpan Technology (02465): H-share at 10.320 HKD, A-share at 14.37 CNY, premium rate 66.76%, deviation -62.46% [3] - GAC Group (02238): H-share at 3.690 HKD, A-share at 7.88 CNY, premium rate 155.83%, deviation -26.17% [3]

企查查APP显示，近日，长城汽车（601633）发生工商变更，注册资本由约84.87亿元增至约85.59亿 元。企查查信息显示，长城汽车成立于2001年，法定代表人为魏建军。 （原标题：长城汽车增资至约85.59亿） ...