Financial Performance - The company reported a revenue of RMB 60.5 billion for the first half of 2023, representing a year-on-year increase of 15%[5] - The net profit attributable to shareholders for the same period was RMB 4.2 billion, up 10% compared to the previous year[5] - Future guidance includes a projected revenue growth of 18% for the full year 2023, aiming for a total revenue of RMB 130 billion[5] Vehicle Sales - User data indicates that the company sold 600,000 vehicles in the first half of 2023, a 12% increase from the previous year[5] Market Expansion - Great Wall Motor plans to expand its market presence in Southeast Asia and Europe, targeting a 20% increase in international sales by 2024[5] Investment in Development - The company is investing RMB 2 billion in new product development, focusing on electric and hybrid vehicles[5] - Great Wall Motor's R&D expenditure is expected to increase by 25% in 2024, emphasizing innovation in automotive technology[5] Strategic Initiatives - Great Wall Motor is exploring strategic partnerships and potential acquisitions to enhance its technological capabilities and market reach[5] - The company aims to launch three new electric vehicle models by the end of 2023, contributing to its sustainability goals[5] Report Publication - Great Wall Motor Company Limited published its 2023 Interim Report on August 30, 2023, available on its website and HKEXnews[3]
长城汽车(02333) - 2023 - 中期财报