Group 1 - The core point of the article is that Great Wall Motors has officially launched the second-generation Haval H9 Warrior model, offering both gasoline and diesel powertrain options [1] - The suggested retail price for the gasoline version is 239,900 yuan, while the diesel version is priced at 257,900 yuan [1]

「核心提示」 中国造车的新势力和老玩家们，在出海的路上提速。有人搞充电桩，铺基础设施；有人建 厂，探索产业链的全面本地化。 出海不再是锦上添花，至少对中国汽车品牌来说，海外市场是决定生死存亡的必争之地。 乘联会统计显示，2025年上半年，中国汽车出口总量达到348万辆，同比增长18%，其中新能源汽车占 比达到41%。无论是增长速度，还是新能源车占比提升，都是汽车品牌大力出海的结果。 业内有一句话：不出海就出局！ 比如在国内早已淡出消费者的视野的奇瑞，最知名的奇瑞QQ已经是20多年前的产品了，但这不妨碍奇 瑞在俄罗斯、墨西哥、拉美等市场持续渗透。2024年，奇瑞乘用车出口超过114万辆，在中国汽车出口 总量中占比五分之一。 2024年，中国继续超越日本，成为汽车出口第一大国，汽车出口达到641万辆，其中电动车首次突破200 万辆，海关总署统计分析司司长吕大良介绍数据的时候说："如果把这些汽车首尾相连，可以从北京到 罗马。" 中国汽车确实在全球遍地开花，无论是拉美的合恩角，还是非洲的好望角，抑或中东的波斯湾，还是北 欧的波罗的海沿线，都有中国汽车的身影出现，只是新老势力侧重的市场不太一样，打法也各有不同， 拆解这 ...

Core Viewpoint - The automotive industry is currently facing significant turmoil due to a lawsuit filed by BYD against Chang Yao, the CEO of the Tank brand, over online infringement issues, with Chang Yao reportedly missing [1][2]. Group 1: Lawsuit Details - BYD has initiated a lawsuit against Chang Yao for online infringement, with the case number (2025)京0491民初7591号, and the court hearing is scheduled for late September 2025 [1]. - The court has started a public notice procedure due to the inability to contact Chang Yao, and the deadline for submitting a defense is set for 15 days after the notice period ends [1]. - The remote court hearing will take place at the Beijing Internet Court, with specific contact information provided for related inquiries [1]. Group 2: Background on Chang Yao - Chang Yao graduated from York University in 2005 and has held various positions at Great Wall Motors, including Senior Director of User Operations for the Tank brand and later promoted to CEO in May 2025 [1][2]. - Reports indicate that Chang Yao has been missing since shortly after his appointment, with speculation linking his disappearance to internal anti-corruption efforts at Great Wall Motors [2]. Group 3: Tank Brand Overview - The Tank brand, known for its off-road vehicles, became independent in 2021 and currently offers models such as Tank 300, Tank 400, Tank 500, and Tank 700 [2]. - Official data shows that the Tank brand sold a total of 97,034 vehicles from January to July 2025 [2].

皮卡出口：2025年7月皮卡出口达到2.3万辆，环比下降13%，同比增长13%的增速仍较好，近几个月皮卡出口环比下滑较大。2024年皮卡出口占总销量 的45%，2025年7月达到56%，2025年1-7月达到55%，中国自主皮卡出口提升较好。皮卡作为国际化车型，已成为我国商用车出口中的最强品类。部分 皮卡企业抓住出口机遇实现强势增量，如江淮汽车、比亚迪(002594.SZ)、上汽大通、长安汽车、长城汽车等的出口规模都很大，很多皮卡厂商出口占 各自皮卡总销量的一半以上。 一、皮卡市场总体分析 1、历年皮卡市场逐月走势 智通财经APP获悉，崔东树发文称，2025年7月份皮卡市场销售4.1万辆，同比增长2%，环比下降15%，处于近5年的中位水平；1-7月份皮卡市场销售 34.8万辆，同比增长11%。 7月份，长城汽车(601633.SH)持续保持皮卡市场领军地位，国内外表现均很好。受出口拉动，长城汽车、上汽大通、郑州日产、长安汽车(000625.SZ) 和江淮汽车表现较强。在国内皮卡零售市场，长城汽车、江铃汽车、郑州日产和江西五十铃等表现较好，国内"皮卡一超三强"格局继续保持。 皮卡市场的主力区域以西南、西北为主， ...

证券代码：601633 证券简称：长城汽车 公告编号：2025-108 转债代码：113049 转债简称：长汽转债 长城汽车股份有限公司 关于召开 2025 年半年度业绩说明会的公告 一、 说明会类型 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示： ? 会议召开时间：2025 年 09 月 03 日（星期三）09:00-10:00 ? 会议召开地点：上海证券交易所上证路演中心（网址： https://roadshow.sseinfo.com/） ? 会议召开方式：上证路演中心网络互动 ? 投资者可于 2025 年 08 月 27 日（星期三） 至 09 月 02 日（星期二）16:00 前登录上证路演中心网站首页点击"提问预征集"栏目或通过公司邮箱 zqb@gwm.com.cn 进行提问。公司将在说明会上对投资者普遍关注的问题进行回 答。 长城汽车股份有限公司（以下简称"公司"）将于 2025 年 08 月 29 日发布公 司 2025 年半年度报告，为便于广大投资者更全面深入地了解公司 2025 年半年度 经 ...

| 证券代码：601633 | 证券简称：长城汽车 | 公告编号：2025-108 | | --- | --- | --- | | 转债代码：113049 | 转债简称：长汽转债 | | 长城汽车股份有限公司 关于召开 2025 年半年度业绩说明会的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示： 投资者可于 2025 年 08 月 27 日（星期三） 至 09 月 02 日（星期二）16:00 前登录上证路演中心网站首页点击"提问预征集"栏目或通过公司邮箱 zqb@gwm.com.cn 进行提问。公司将在说明会上对投资者普遍关注的问题进行回 答。 长城汽车股份有限公司（以下简称"公司"）将于 2025 年 08 月 29 日发布公 司 2025 年半年度报告，为便于广大投资者更全面深入地了解公司 2025 年半年度 经营成果、财务状况，公司计划于 2025 年 09 月 03 日 （星期三） 09:00-10:00 举行 2025 年半年度业绩说明会，就投资者关心的问题进行交流。 一、 说明会类型 本次投 ...

Core Insights - The commercial vehicle retail sales in China for July 2025 reached 249,400 units, representing a year-on-year increase of 12.24% but a month-on-month decrease of 3.78% [2][6] - Cumulative retail sales from January to July 2025 totaled 1.7672 million units, showing a year-on-year growth of 6.47% [7][11] - The export sales of commercial vehicles in July 2025 amounted to 94,300 units, with a year-on-year increase of 28.72% and a month-on-month increase of 2.08%, generating an export value of 20.625 billion yuan [12][14] - Cumulative export sales from January to July 2025 reached 620,100 units, reflecting a year-on-year growth of 25.87%, with a total export value of 130.618 billion yuan [15][18] Retail Sales in July 2025 - The retail sales of trucks in July were 203,800 units, up 12.33% year-on-year but down 4.93% month-on-month [6] - The retail sales of buses in July were 45,500 units, increasing by 11.85% year-on-year and up 1.71% month-on-month [6] - The top five companies accounted for 37.24% of the retail sales, with Foton Motor, SAIC-GM-Wuling, FAW Jiefang, JMC, and Sinotruk as the leading players [5][11] Cumulative Retail Sales from January to July 2025 - Truck retail sales from January to July totaled 1.4907 million units, with a year-on-year increase of 7.65% [11] - Bus retail sales during the same period reached 276,400 units, showing a modest year-on-year growth of 0.50% [11] - The top five companies in cumulative retail sales accounted for 37.84%, with the same leading companies as mentioned above [11] Export Sales in July 2025 - Truck export sales in July were 84,300 units, reflecting a year-on-year increase of 27.35% and a month-on-month increase of 2.57%, with an export value of 16.226 billion yuan [14] - Bus export sales in July were 10,000 units, up 41.46% year-on-year but down 1.80% month-on-month, generating an export value of 4.399 billion yuan [14] Cumulative Export Sales from January to July 2025 - Truck export sales from January to July totaled 558,700 units, with a year-on-year increase of 25.27% [18] - Bus export sales during the same period reached 61,400 units, reflecting a year-on-year growth of 31.58% [18] - The top five export sources were Shandong, Chongqing, Beijing, Anhui, and Henan, while the top five export markets included Mexico, Vietnam, Australia, Saudi Arabia, and Chile [18]

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責 ，對其準確性或完整性亦不發表任何聲明 ， 並明確表示 ，概不對因本公告全部或任何部份內容而產生或因倚賴該等內容而引致的任何損失承擔 任何責任。 長 城 汽 車 股 份 有 限 公 司 GREAT WALL MOTOR COMPANY LIMITED* （於中華人民共和國註冊成立的股份有限公司） 股份代號 ：02333（港幣櫃台）及82333（人民幣櫃台） 海 外 監 管 公 告 此海外監管公告是根據香港聯合交易所有限公司證券上市規則第1 3 . 1 0 B 條發出。以下為長 城汽車股份有限公司於上海證券交易所網站（www . sse . com .cn） 所刊發之「長城汽車股份 有限公司關於召開2 0 2 5年半年度業績說明會的公告」。 承董事會命 長城汽車股份有限公司 聯席公司秘書 李紅栓 中國河北省保定市 ，2025 年8月26日 於本公告日期 ，董事會成員如下： 執行董事： 魏建軍先生 、趙國慶先生及李紅栓女士。 職工董事：盧彩娟女士。 非執行董事：何平先生。 獨立非執行董事： 樂英女士、范輝先生及鄒兆麟先生。 * 僅供識別 关于召 ...

Core Viewpoint - The pickup truck market in China is experiencing a mixed performance with strong growth in exports and the emergence of new energy pickups, while domestic demand shows signs of weakness. The market is characterized by a leading position held by Great Wall Motors and a competitive landscape among several key players [2][3][4][6]. Group 1: Pickup Truck Sales Performance - In July 2025, the pickup truck market sold 41,000 units, a year-on-year increase of 2% but a month-on-month decline of 15%, maintaining a median level over the past five years [2][6]. - From January to July 2025, total sales reached 348,000 units, reflecting an 11% year-on-year growth [2][6]. - The main sales regions for pickups are in the Southwest and Northwest, accounting for approximately 45% of total demand in July 2025 [2][18]. Group 2: Export Trends - In July 2025, pickup truck exports reached 23,000 units, showing a year-on-year increase of 13% but a month-on-month decline of 13% [3][10]. - Exports accounted for 56% of total sales in July 2025, up from 45% in 2024, indicating a strong international demand for Chinese pickups [3][10]. - Key players in the export market include Great Wall Motors, SAIC Maxus, and Changan Automobile, with many manufacturers seeing exports make up over half of their total sales [3][10][27]. Group 3: New Energy Pickup Development - In 2024, the sales of new energy pickups reached 21,000 units, a significant year-on-year increase of 170% [4][15]. - By July 2025, new energy pickup sales were 4,000 units, marking a 182% year-on-year growth despite a 41% month-on-month decline [4][15]. - The cumulative sales of new energy pickups from January to July 2025 reached 46,000 units, reflecting a remarkable 702% increase compared to the previous year [4][15]. Group 4: Market Dynamics and Regional Characteristics - The pickup truck market is influenced by the economic conditions of small businesses and private owners, with a notable recovery in demand post-pandemic [6][7]. - The market is showing signs of regional variation, with the Southwest and Northwest regions demonstrating stronger demand compared to the East [18][29]. - The trend towards electrification and the increasing popularity of pickups for leisure activities are reshaping consumer preferences and market dynamics [7][18][29]. Group 5: Competitive Landscape - Great Wall Motors continues to dominate the domestic pickup market with nearly 50% market share, while other players like Jiangling Motors and BYD are gaining ground [23][25]. - The competitive landscape is characterized by a concentration of market share among a few leading manufacturers, with exports driving overall market strength [23][27]. - The introduction of new models and the focus on electric pickups are expected to further enhance the competitive positioning of key players in the market [29].

修订后的《保障中小企业款项支付条例》（以下简称《条例》）实施两个月有余。其中明确规定， 大型企业应当自货物、工程、服务交付之日起60日内支付款项。《条例》发布之初，中国一汽、广汽集 团、北汽集团、蔚来、理想汽车、比亚迪、赛力斯集团等17家车企先后承诺，对供应商的账期不超过60 天。如今，首个60天周期已过，车企承诺落实情况却不尽如人意。 根据央视及工业和信息化部日前的通报，在17家车企中，中国一汽、广汽、赛力斯3家车企已率先实现 60天内支付。此外，东风、长安等央企，上汽、北汽等国企，吉利、长城等民营企业以及理想、小鹏等 新势力企业都在积极响应。 但从数据上看，17家车企中仅3家明确表态兑现"60天账期"承诺，与2个月之前振聋发聩的承诺声相比， 此时的兑现情况无疑略显单薄。但细窥之下，多数车企并未停留于口头承诺，均已将"60天账期"承诺落 实行动。其中，一汽组建了财务、供应链、法务跨部门专项工作组，并成立联合专项工作组；广汽则构 建了覆盖"订单下发—验收入库—对账结算—货款支付"全流程的管控体系；赛力斯则采用"厂中厂"模 式，并推行数字化管理。此外，小鹏也已与部分供应商完成补充协议的签署，"60天账期"承诺正 ...