Core Viewpoint - The announcement from Great Wall Motors provides detailed production and sales figures for June 2025, highlighting both monthly and year-to-date performance across various brands [2][3]. Production and Sales Summary - Total sales for June 2025 reached 110,690 units, representing a 12.86% increase compared to June 2024's 98,080 units [3]. - Year-to-date sales for 2025 stand at 569,789 units, a slight increase of 1.81% from 559,669 units in the same period of 2024 [3]. Brand Performance - **Haval Brand**: - June sales were 62,396 units, up 30.73% from 47,729 units in June 2024 [3]. - Year-to-date sales reached 321,427 units, a 7.24% increase from 299,738 units [3]. - **WEY Brand**: - June sales surged to 10,197 units, a remarkable increase of 246.95% from 2,939 units in June 2024 [3]. - Year-to-date sales totaled 34,494 units, up 73.62% from 19,867 units [3]. - **Great Wall Pickup**: - June sales were 13,213 units, down 13.36% from 15,251 units in June 2024 [3]. - Year-to-date sales reached 96,228 units, a 4.69% increase from 91,916 units [3]. - **Ora Brand**: - June sales fell to 3,283 units, a decrease of 45.55% from 6,029 units in June 2024 [3]. - Year-to-date sales were 13,908 units, down 56.19% from 31,749 units [3]. - **Tank Brand**: - June sales were 21,571 units, down 17.22% from 26,059 units in June 2024 [3]. - Year-to-date sales totaled 103,660 units, a decrease of 10.67% from 116,038 units [3]. - **Others**: - June sales for other models were 30 units, down 58.90% from 73 units in June 2024 [3]. - Year-to-date sales were 72 units, down 80.06% from 361 units [3].

证券代码：601633 证券简称：长城汽车 公告编号：2025-073 转债代码：113049 转债简称：长汽转债 长城汽车股份有限公司 2025 年 6 月产销快报 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。 本公告乃由长城汽车股份有限公司（「本公司」）自愿刊发。 本公司董事会谨此宣布，本公司于2025年6月产销量详细如下(单位:台)： | 车型 | | | 销量 | | | | | | 产量 | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | 月度同比 | | | 年度同比 | | | 月度同比 | | | 年度同比 | | | | | 本月 | 去年同期 | 增减(%) | 本年累计 | 去年同期 | 增减(%) | 本月 | 去年同期 | 增减(%) | 本年累计 | 去年同期 | 增减(%) | | 哈弗品牌 | 62,396 | 47,729 | 30.73 | 321,427 | ...

在城市治理面临人口增长、资源紧张与服务压力等多重挑战的当下，智慧城市正成为全球政策制定者与 管理者探索现代治理模式的重要路径。智慧城市并非单一技术堆叠，而是通过整合大数据、人工智能、 物联网等新一代信息技术，构建以数据驱动为核心的治理体系，提升城市运行的整体效能。 智慧治理的核心在于提升系统协同与响应能力，使政府能够实现更加精准的资源调配、更高效的决策过 程以及更具韧性的公共服务体系。其意义不仅体现在城市管理手段的革新，更在于强化以人为本的服务 导向，促进治理模式从经验驱动转向数据支撑，实现治理能力与治理水平的提升。 本期《创新纵览》围绕"智慧城市"主题，精选广州国际城市创新奖历届与数字治理相关的优秀案例，梳 理不同城市在技术采纳、机制创新与制度重塑方面的有益探索，助力政策制定者和管理者从中汲取经 验，推动本地实践不断走深走实，迈向更加可持续、智能和包容的城市未来。 阿根廷布宜诺斯艾利斯：促进城市发展3D工具 Ciudad 3D是一个以三维方式展示在布宜诺斯艾利斯市社区建设情况的数字平台，可提供每个街区的布 局、建筑计划、当前施工进程、可能的影响、每片土地的使用情况等信息，以保证城市建筑法规 （Urban C ...

Investment Rating - The report maintains a "Buy" rating for the company [1] Core Views - The company experienced a recovery in May sales, with a year-on-year increase of 11.78%, selling 102,200 vehicles [6][7] - The sales of new energy vehicles reached 32,600 units in May, up 32.41% year-on-year, while sales of models priced above 200,000 yuan increased by 24.67% [7] - The company is expanding its overseas sales, with May overseas sales at 34,500 units, accounting for 33.78% of total monthly sales [8] - New product launches are expected to support continued sales growth, with several new models introduced in April and May [8] Summary by Sections Basic Data - Latest closing price: 22.46 yuan - 12-month A-share price range: 21.83-32.03 yuan - Total shares: 8,559.53 million - Circulating market value: 191.54 billion yuan [2] Sales Performance - May sales reached 102,200 units, with a cumulative total of 459,100 units from January to May, showing a slight year-on-year decrease of 0.54% [6] - Breakdown of May sales by brand: Haval brand sold 57,700 units (+22.58% YoY), WEY brand sold 6,200 units (+115.27% YoY), and Ora brand sold 2,000 units (-67.34% YoY) [7] Financial Forecast - Expected net profits for 2025-2027 are projected at 14.315 billion, 16.584 billion, and 18.762 billion yuan, respectively, with year-on-year growth rates of 12.8%, 15.9%, and 13.1% [9] - Revenue forecasts for 2025-2027 are 234.06 billion, 264.54 billion, and 294.23 billion yuan, with growth rates of 15.8%, 13.0%, and 11.2% [11]

Core Viewpoint - The announcement from Great Wall Motors provides detailed sales and production figures for May 2025, highlighting both monthly and year-to-date performance across various brands [2][3]. Group 1: Sales Performance - The total sales volume for May 2025 reached 102,231 units, representing an 11.78% increase compared to the same month last year [3]. - Year-to-date sales volume stands at 459,099 units, showing a slight decrease of 0.54% compared to the previous year [3]. Group 2: Brand-Specific Performance - Haval brand sold 57,693 units in May 2025, a 22.58% increase year-on-year, with a cumulative total of 259,031 units, up 2.79% [3]. - WEY brand experienced significant growth, with sales of 6,161 units in May, marking a 115.27% increase year-on-year, and a cumulative total of 24,297 units, up 43.53% [3]. - Great Wall Pickup recorded sales of 15,510 units in May, a 2.71% increase year-on-year, with a total of 83,015 units year-to-date, up 8.28% [3]. - Ora brand faced a decline, selling only 1,961 units in May, down 67.34% year-on-year, with a cumulative total of 10,625 units, down 58.69% [3]. - Tank brand sold 20,900 units in May, a 2.82% increase year-on-year, but year-to-date sales decreased by 8.77% to 82,089 units [3]. Group 3: Production Performance - The total production volume for May 2025 was 101,888 units, reflecting a 7.91% increase compared to the same month last year [3]. - Year-to-date production volume is reported at 462,564 units, showing a marginal decrease of 0.07% compared to the previous year [3].

本公司董事会谨此宣布，本公司于2025年5月产销量详细如下(单位:台)： | 车型 | | | 销量 | | | | | | 产量 | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | 月度同比 | | | 年度同比 | | | | 月度同比 | | 年度同比 | | | | | 本月 | 去年同期 | 增减(%) | 本年累计 | 去年同期 | 增减(%) | 本月 | 去年同期 | 增减(%) | 本年累计 | 去年同期 | 增减(%) | | 哈弗品牌 | 57,693 | 47,066 | 22.58 | 259,031 | 252,009 | 2.79 | 56,298 | 52,966 | 6.29 | 260,094 | 255,931 | 1.63 | | WEY品牌 | 6,161 | 2,862 | 115.27 | 24,297 | 16,928 | 43.53 | 6,919 | 3,654 | 89.35 | 25,187 | 18,234 | 38.13 ...

点 击 蓝 字 关 注 我 们 | | 目录 | | | | | | --- | --- | --- | --- | --- | --- | | 序号 | 生产厂商 | 子车型 | 上市时间 | 细分市场及车身结构 | 工程更改规模 | | 1 | 蔚来汽车 | ES ୧ | 2025 / 05 / 16 | B SUV | MCE2-1 | | 2 | 蔚来汽车 | ECR | 2025 / 05 / 16 | B SUV | MCE2-1 | | 3 | 比亚迪汽车 | e7 | 2025 / 05 / 17 | B NB | NP | | ব | 奇瑞汽车 | 星纪元 ES | 2025 / 05 / 18 | C NB | MCE1 | | 5 | 上汽大众 | ID4. X | 2025 / 05 / 19 | B SUV | MCE1 | | ୧ | 沃尔沃亚太 | 极星4 | 2025 / 05 / 19 | C SUV | MCE1 | | 7 | 长城汽车 | WEY 蓝山 | 2025 / 05 / 20 | C SUV | MCE1 | | 8 | 神龙汽车 | 示界06 | 2025 ...

本公告乃由长城汽车股份有限公司（「本公司」）自愿刊发。 本公司董事会谨此宣布，本公司于2025年4月产销量详细如下(单位:台)： | 车型 | | | 销量 | | | | | | 产量 | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | 月度同比 | | | 年度同比 | | | | 月度同比 | | 年度同比 | | | | | 本月 | 去年同期 | 增减(%) | 本年累计 | 去年同期 | 增减(%) | 本月 | 去年同期 | 增减(%) | 本年累计 | 去年同期 | 增减(%) | | 哈弗品牌 | 56,748 | 47,054 | 20.60 | 201,338 | 204,943 | -1.76 | 56,952 | 51,913 | 9.71 | 203,796 | 202,965 | 0.41 | | WEY品牌 | 4,811 | 4,458 | 7.92 | 18,136 | 14,066 | 28.94 | 4,923 | 4,933 | -0.2 ...

0 2 分 析 判 断 0 1 事 件 概 述 公司发布2024年度报告: 2024年全年营业总收入为2022.0亿元，同比+16.7%，归母净利润为126.9亿元，同比 +80.8%，扣非归母净利润为97.4亿元，同比+101.4%；其中2024Q4营业总收入为599.4亿元，同比/环比分别为 +11.6%/+17.9%；归母净利润为22.6亿元，同比/环比分别为-32.4%/+11.7%，扣非归母净利润为13.6亿元，同比/环 比分别为+32.7%/-50.0%。 ► 营收持续向上 单车ASP提升 1）收入端： 2024Q4营业总收入599.4亿元，同比/环比分别为+11.6%/+17.9%。据我们测算，2024Q4单车 ASP为15.8万元，同比/环比分别+1.2 /-0.4万元。 0 3 投 资 建 议 公司新产品国内外推广进展顺利，智能电动化新周期开启，新能源智能化车型占比快速提升，高端智能化路线 愈发清晰。调整盈利预测，预计2025-2027年营业收入为2,408.6/2,779.5/3,146.4亿元，归母净利润为 149.0/170.3/192.7亿元，对应2025年3月28日收盘价26.42 ...

撰 文 / 牛跟尚 设 计 / 琚 佳 与前两年的"油电同价"、"油比电贵"不同，主流传统车企正在主打"油电同智"、"油电同进""油电同 强"，并出现最新可喜的苗头。 3月11日，中国汽车工业协会公布的2025年2月产销数据显示：2月汽车国内销量达168.8万辆，环比 下降13.6%，同比增长39.9%。其中，传统燃料汽车国内销量为92.7万辆，虽然环比下降20.1%，但 同比增长14.3%。 具体到传统燃料乘用车，国内销量72.6万辆，虽然环比下降26%，但同比增加8万辆，同比增长 12.4%。 再看1-2月，传统燃料乘用车销量国内销量170.8万辆，虽然同比减少8.4万辆，但同比减幅收窄，只 有4.7%。 乘联分会秘书长崔东树表示，政策支持、技术进步和消费升级将是推动市场发展的关键因素，在中 国品牌走向全球的大背景下，减少对燃油车歧视性政策，实现"油电同强"，对稳定国内外车市销售 和供应链稳步升级都将有更好的推动作用。 汽车商业评论盘点发现，十大车企集团前两个月销量，只有长城、广汽、东风3家出现销量下滑。 集团销量排名第十名的长城汽车2月销量为77883辆，同比增长9.65%。其中，长城方盒子销量2937 ...