2 1 Shi Ji Jing Ji Bao Dao·2025-11-28 10:45Core Viewpoint - Great Wall Motors has denied rumors regarding the establishment of a manufacturing plant in Europe, stating that there are currently no plans for such an investment [1][3]. Group 1: European Expansion Plans - Great Wall Motors' international president, Shi Qingke, clarified that the company is evaluating investment opportunities in Europe but has not conducted any site assessments in the region [1]. - The company has established Great Wall Motors Europe Technology Center in Germany, focusing on research and design of vehicles and automotive parts [1]. - Previous reports about Great Wall Motors exploring multiple European countries for potential factory sites are based on information prior to 2025 [1]. Group 2: Financial Performance - In the third quarter of 2025, Great Wall Motors reported a revenue of 612.47 billion yuan, a year-on-year increase of 20.51%, but the net profit attributable to shareholders decreased by 31.23% to 22.98 billion yuan [2]. - For the first three quarters of 2025, the company achieved a revenue of 1,535.82 billion yuan, up 7.96% year-on-year, while the net profit fell by 16.97% to 86.35 billion yuan [2]. - The decline in profit is attributed to increased investments in new user channels, new model launches, and brand promotion efforts [2]. Group 3: Stock Performance - As of the market close, Great Wall Motors' A-shares were priced at 21.90 yuan per share, reflecting a 0.64% increase, with a total market capitalization of 1,874 billion yuan [4]. - The company's stock has experienced a decline of over 15% year-to-date [4].