GREAT WALL MOTOR CO LTD-A

Overview

Great Wall Motor Co., Ltd. is a Chinese automotive company whose business spans the design, development, manufacture and sale of vehicles and related components, as well as associated services. Its brands include Haval, WEY, TANK, GWM Pickup, ORA and GWM SOUO. Its products range from SUVs and pickups to sedans, MPVs and motorcycles, with conventional and new-energy powertrains. The company describes its vision as “popularizing and pioneering intelligent driving.” [1]+2

Great Wall Motor has an international sales and manufacturing presence. In 2024, it reported a sales network covering more than 170 countries and regions and over 1,400 overseas distribution channels. For that year, it recorded approximately RMB202.2 billion in operating revenue and reported 84,915 employees at the parent company and its major subsidiaries.[4]+2 [1]+5

Products & services

Great Wall Motor’s vehicle range spans SUVs, pickups, sedans, MPVs and motorcycles, with gasoline, diesel, hybrid and battery-electric powertrains. Its Haval lineup includes the Xiaolong MAX hybrid SUV, Raptor, Dargo and H9. The second-generation Xiaolong MAX combines the Hi4 hybrid system with four-wheel drive, an intelligent cockpit and driver-assistance features. WEY’s family-oriented models include the six- and seven-seat High Mountain and the Blue Mountain.[2]+3

The TANK off-road range includes the TANK 300, 400 and 500, with gasoline and diesel options as well as Hi4-T and Hi4-Z hybrid systems. The TANK 500 is offered with a 3.0T powertrain or 2.0T-based Hi4-T and Hi4-Z architectures. The ORA range includes the ORA 5, which offers Coffee Pilot 3 driver assistance, while GWM’s pickup products include the Cannon and Shanhai Cannon Hi4-T hybrid pickup.[10]+3

Beyond complete vehicles, the company sells automotive parts and components, moulds and other products, and provides labor services; its automobile and spare-parts sales include product quality assurance obligations. In 2025, automobile sales generated approximately 87.9% of total operating revenue, parts and components 6.1%, and labor services 1.1%.[14][15] [2]+9

Geographic presence

Great Wall Motor is based in Baoding, Hebei Province, China. The company manufactures and sells vehicles and automotive parts primarily in China, where most of its assets are located. In 2024, China accounted for approximately RMB121.0 billion, or 59.9%, of revenue; other countries accounted for approximately RMB81.1 billion, or 40.1%. The company does not provide a country-by-country revenue breakdown in this geographic disclosure.[16]+2

Its sales network spans more than 170 countries and regions, with more than 1,400 overseas distribution channels. Outside China, Great Wall Motor identifies fully integrated vehicle-manufacturing bases in Thailand and Brazil, as well as knock-down assembly factories in Ecuador and Pakistan. It also describes assembly cooperation in Malaysia and Vietnam.[4] [16]+6

Business segments

Great Wall Motor reports **one business segment**: the production and sale of automobiles and automotive parts and components. Management evaluates this activity as a whole rather than reporting separate operating segments for vehicles, parts or individual brands.[20]

Its 2024 principal-business revenue provides a product breakdown: automobile sales were RMB175.5 billion, or approximately 87% of total operating revenue; automotive parts and components were RMB12.8 billion (6%); moulds and other products were RMB8.2 billion (4%); and labour services were RMB3.1 billion (2%). These are revenue categories, not separately reported segments, and do not include all operating revenue.[21][22] On a geographic basis, revenue from customers in China accounted for approximately 60% of 2024 total operating revenue, with customers in other countries accounting for approximately 40%.[22] [20]+2

Company history

Great Wall Motor traces its history to Baoding Great Wall Motor Industry Company, where Wei Jianjun joined as general manager in 1990. The company listed its H shares in Hong Kong on 15 December 2003 and its A shares in Shanghai on 28 September 2011.[23][24]

Its brand portfolio expanded over the following decade. Haval became a stand-alone brand in 2013, and Great Wall established the WEY luxury SUV brand in 2017. In 2018, it launched the ORA electric-vehicle brand and introduced the all-electric ORA iQ. TANK was announced as a stand-alone brand in 2021.[25]+4 [23]+6

Sources

• GREAT WALL MOTOR CO LTD-A — Full financial report (2024 Y)
  14 citations

  [1][2][3][4][5][6][16][17][18][19][20][21][22][23]
• GREAT WALL MOTOR CO LTD-A — Full financial report (2025 Y)
  9 citations

  [7][8][9][10][11][12][13][14][15]
• GREAT WALL MOTOR CO LTD-A — Full financial report (2017 Y)[24][26]
• GREAT WALL MOTOR CO LTD-A — Full financial report (2021 Y)[25][29]
• GREAT WALL MOTOR CO LTD-A — Full financial report (2018 Y)[27][28]