[News-Oxcart Network]
On January 23, Great Wall Motor released its 2021 performance report. In 2021, Great Wall Motor's total operating income was 136.317 billion yuan, an increase of 31.95% year-on-year, and its net profit was 6.781 billion yuan, an increase of 26.45% year-on-year.
Thanks to the new product iteration, the premium ability of the Great Wall Motor brand has continued to increase. In 2021, the average selling price of Great Wall Motor's bicycles exceeded the mark of 100,000 yuan for the first time, reaching 106,400 yuan, an increase of 14.50% year-on-year.
Under the influence of difficulties such as chip shortage and epidemic, it is not easy for Great Wall Motor to grow revenue and net profit.
In 2021, Great Wall Motors issued a slogan to accelerate the transformation to a "global intelligent technology company", and formulated a 2025 plan for this purpose, including building new energy and highly intelligent flagship models and improving the layout of related technology research and development.
In terms of organizational structure, Great Wall Motors has formed a combat unit layout after a long period of adjustment.
Under the new organizational structure, Great Wall Motors launched new categories such as big dogs, tanks, salon cars and more than 30 new products (Haval Red Rabbit, Haval Divine Beast, Wei brand Mocha, Wei brand Machido DHT-PHEV, Wei brand latte DHT, tank 300 city edition, tank 500, Euler good cat GT, etc.) in 2021, further expanding the product matrix.
Tank 500
With the blessing of the product matrix, in 2021, Great Wall Motors sold more than 1.28 million new cars, an increase of 15.2% year-on-year.
Among them, the cumulative sales of new energy vehicles reached 137,000 units, accounting for 10.7% of sales, and overseas sales of 143,000 units, an increase of 103.7% year-on-year, accounting for 11.1%.
Facing the future, Great Wall Motors has completed the research and development and mass production of lemon hybrid DHT hybrid technology, the research and development of intelligent technology of Millima Zhixing + Great Wall Motor Digital Center, and the research and development and layout of core battery technologies such as Dayu Battery.
In terms of brand overseas, Great Wall Motors has completed the layout of overseas markets such as Russia, Australia, South Africa, Saudi Arabia, and Chile by 2021, and some key markets have also realized the self-construction and self-operation of production and marketing systems. In 2022, Great Wall Motor plans to accelerate the launch of Models such as Wei Brand and Tank Brand, and accelerate the overseas layout of subdivided products.
Under the dual layout of technology research and development iteration and global market, Great Wall Motor's sales scale and revenue scale in 2022 are expected to reach a new high.