2 1 Shi Ji Jing Ji Bao Dao·2025-07-24 12:54Core Viewpoint - Great Wall Motors has reported its best-ever second-quarter financial results, driven by a new product cycle and strong performance in high-end and new energy vehicles [1][3][9] Financial Performance - In Q2 2025, Great Wall Motors achieved revenue of 52.348 billion yuan, a year-on-year increase of 7.78% and a quarter-on-quarter increase of 30.81% [1] - The net profit for the same period was 4.586 billion yuan, reflecting a year-on-year growth of 19.46% and a quarter-on-quarter growth of 161.91% [1] - Vehicle deliveries reached 313,000 units, marking a year-on-year increase of 10.07% and a quarter-on-quarter increase of 21.87% [1] Product Strategy - The company is focusing on high-end models to enhance brand value and pricing power, with the WEY brand showing significant growth [3][4] - The WEY brand's sales exceeded 10,000 units in June, a year-on-year increase of 246.95% [3] - The Tank brand has also seen substantial growth, with a quarter-on-quarter increase of 46.9% in Q2 [4] New Energy Vehicles (NEVs) - Great Wall Motors' NEV sales reached 97,900 units in Q2, a year-on-year increase of 33.7% and a quarter-on-quarter increase of 56.4% [9] - The NEV penetration rate reached 31.3%, up 5.5 percentage points year-on-year [9] - The company is committed to accelerating its transition to NEVs, with the WEY brand leading this effort [10][12] International Expansion - In H1 2025, Great Wall Motors' overseas sales approached 200,000 units, with Q2 sales reaching 106,800 units, a 50% increase in non-Russian markets [14][16] - The company has established a localized production strategy, with factories in Thailand and Brazil, enhancing its global competitiveness [15][16] - Great Wall Motors aims to build a comprehensive overseas sales network, having over 1,400 sales channels globally [16]