On June 11th, Geelonghui reported that Changjiang Securities announced that Great Wall Motors (601633.SH) sold 91,000 vehicles in May, with overseas sales slightly fluctuating due to international shipping. In the short and medium term, the company's overseas expansion and the increase of high-value vehicle models such as domestic tanks are expected to promote the company's sales volume and performance growth. In the long term, the company's four major expansion strategies have opened up the space for long-term sales growth and profitability in the entire industry chain through intelligent transformation. In the era of intelligence, data and algorithms are the core of competition. Great Wall Motor actively promotes the intelligent development of sales volume and vehicle models, and its strength in intelligence is expected to continuously strengthen in the future. The company is accelerating its global layout, firmly transitioning to new energy, actively reforming and innovating, and is expected to continue to promote double growth in sales and performance. Maintain a “buy” rating.
研报掘金丨长江证券：维持长城汽车“买入”评级，有望持续推动销量业绩双提升
Research report - Changjiang Securities: Maintains a "buy" rating on Great Wall Motor, expected to continue to promote double growth in sales and performance.
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