Core Insights - GWM successfully hosted the 2025 GWM Smart Factory Half Marathon, showcasing its advanced automotive manufacturing capabilities with over 10,000 participants racing through its smart factory [1] - The event highlighted GWM's commitment to integrating automation and intelligence in its production processes, featuring fully automated production lines and innovative robotic systems [2] - GWM's engineering workforce consists of 23,000 professionals, indicating a strong focus on technical expertise within the company [3] Innovation and Technology - GWM's Environmental Wind Tunnel Laboratory is equipped with advanced systems to simulate extreme climate conditions, ensuring vehicles meet global standards [5] - The company has invested nearly RMB 10 billion in establishing a comprehensive testing complex with over 2,000 testing capabilities across various automotive technologies [5] - GWM is committed to a full-stack approach to intelligent vehicle technology, including proprietary driving models and an in-house supercomputing center [6] Supply Chain and Vertical Integration - GWM has transitioned from relying on external suppliers to establishing its own engine and component subsidiaries, enhancing in-house R&D and manufacturing capabilities [7] - The company spun off its component subsidiaries as independent companies in 2018, which led to increased competition and innovation within its supply chain [9][10] - GWM has built a fully integrated supply chain ecosystem over 35 years, emphasizing the importance of collaboration with suppliers and dealers [11] Global Expansion and Market Presence - GWM's new plant in São Paulo, Brazil, will have an annual production capacity of 50,000 new energy vehicles and create 2,000 local jobs, adopting intelligent production systems [13] - The company's "Ecological Globalization" strategy focuses on establishing integrated manufacturing bases abroad, marking a shift from product-driven to full-scale globalization [14] - GWM's international sales network covers over 170 countries, with more than 1,400 overseas dealerships and over 2 million vehicles sold outside China [16]