Great Wall Motor officially announced that Great Wall Motors (including Great Wall Motors, Great Wall Holdings' subsidiaries and other subsidiaries) in 2021, the number of patents disclosed 3,710, the number of authorizations 3,256, all ranked first among China's private car companies, and the number of patents in the field of new energy vehicles in the same period was 1,301, and the number of authorizations was 914, ranking first among Chinese car companies. The full layout of the patent provides a strong guarantee for The transformation of Great Wall Motors into a "global intelligent technology company", and it may grow into a new technology giant that can compete with Huawei in the future.
The transformation to a technology company may be misinterpreted by the outside world as "the Great Wall will not build cars in the future", but this is not the case. As early as 2020, Wei Jianjun, chairman of Great Wall Motor Co., Ltd., has proposed a plan to transform into a global travel technology company, and at present, Great Wall Motors' models based on the three major technology brands of lemon, tank and coffee intelligence account for 70.4%, and intelligent models account for 84.5%.
In the first quarter of this year, Great Wall Motor's revenue was 33.62 billion yuan, an increase of 8.04% year-on-year, and its net profit was 1.634 billion yuan, which was twice that of BYD (808 million yuan). In terms of globalization, Great Wall Motors' high-value models have successively landed in overseas markets, and in February, Great Wall Motors won the overall sales of pickup trucks in Chile that month. Models such as the third-generation Haval H6 have repeatedly won the monthly sales title in the South African market segment. This year, Great Wall Motors will also launch a number of new energy models in the Thai market.