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Great Wall Motor invested in the establishment of an auto parts company with a registered capital of 120 million yuan

IT home January 17 news, information shows that on January 14, Mande Auto Parts (Pizhou) Co., Ltd. was established, the legal representative is Jin Ruhe, the registered capital of 120 million yuan, the business scope includes: industrial automatic control system device manufacturing; industrial automatic control system device sales; mechanical parts, parts processing, etc.

Great Wall Motor invested in the establishment of an auto parts company with a registered capital of 120 million yuan

The company is 100% owned by Mande Electronics & Electrical Co., Ltd., a wholly-owned subsidiary of Great Wall Motors (601633).

Great Wall Motor invested in the establishment of an auto parts company with a registered capital of 120 million yuan

IT Home learned that at the beginning of January this year, Great Wall Motor released the production and sales data for December 2021, selling 162,369 new vehicles, an increase of 8.2% year-on-year and 32.5% month-on-month. In 2021, Great Wall Motor sold 1,280,993 new vehicles, up 15.2% year-on-year, and overseas sales of 142,793 units, up 103.7% year-on-year, accounting for 11.1% of sales. In December 2021, Great Wall Motor sold 22,354 new energy vehicles, and from January to December, it sold a total of 136,953 units, accounting for 10.7% of the total sales, all of which reached a record high. In 2021, Great Wall Motors achieved the achievement of exceeding one million sales for six consecutive years.

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