Investment Summary
Continued to Rise Steadily against the Adversity, and Sales Rose by 5.3% yoy in 7M2019
GWM (Great Wall Motor) released a sales report, which showed that it sold 60,300 vehicles
in July, a increase of 11% yoy, and a slight decrease of 4.6% mom. In the first seven months,
it sold accumulatively 553,900 vehicles, an accumulative increase of 5.33% yoy, achieving by
51.8% of the annual target of 1.07 million vehicles after the down-regulation. The
Company`s overall sales volume enjoyed a growth higher than the industry average (-
11.6%yoy/-12.1%mom/-12.8%yod).