On December 3rd, Guolian Securities research reports pointed out that Great Wall Motor (601633.SH) achieved car sales of 0.127 million vehicles in November, up by 3.7% year-on-year and 9.1% month-on-month. Since August, overseas sales have reached 0.04 million vehicles for four consecutive months; from January to November, cumulative overseas sales reached 0.412 million vehicles, up by 45.8% year-on-year. The company has already achieved the annual export target of 0.4-0.5 million. Looking ahead to 2025, it is believed that the company's overseas sales are expected to further increase, driving the overall profitability of the company. Currently, advanced intelligent driving has gradually become one of the important factors for consumers to consider when purchasing cars. With the company gradually equipping advanced intelligent driving systems on other models such as the Wei brand and Tank, the company's competitiveness in smart electric vehicles is expected to further enhance, thereby helping increase sales. The company continues to promote its brand upwards, with new energy and overseas markets maintaining high growth rates, giving a "buy" rating.
研报掘金丨国联证券:长城汽车出口完成全年目标,予“买入”评级
Research reports | Guolian Securities: Great Wall Motor exports have completed the annual target, with a "buy" rating.
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