Market & Industry
Schaeffler, CITIC Pacific Special Steel ally on supply chain sustainable development
Schaeffler, CITIC Pacific Special Steel ally on supply chain sustainable development

Schaeffler Group and CITIC Pacific Special Steel Group Co., Ltd. recently inked an agreement to form in-depth strategic cooperation in such areas as sustainable development of supply chain and digital connectivity.

Sep. 2 , 2022
SAIC-GM-Wuling releases images of new SUV model under Wuling silver logo
SAIC-GM-Wuling releases images of new SUV model under Wuling silver logo

SAIC-GM-Wuling (“SGMW”) today released via its WeChat account the official images of an all-new compact SUV model under the Wuling silver logo, named Xingchi (in Chinese), targeting younger consumers.

Sep. 2 , 2022
WeRide launches China’s first open-road fully driverless sanitation vehicle operation project
WeRide launches China’s first open-road fully driverless sanitation vehicle operation project

On Sept. 1, WeRide entered into a cooperation agreement with the City Management and Comprehensive Law Enforcement Bureau of Huangpu District, Guangzhou to launch its innovative pilot operation of self-driving sweeper vehicles.

Sep. 2 , 2022
Great Wall Motor clocks 58.72% YoY leap in H1 2022 net profit
Great Wall Motor clocks 58.72% YoY leap in H1 2022 net profit

Great Wall Motor ("GWM") announced on Tuesday its revenue for the first half of 2022 (“H1 2022”) edged up 0.33% over a year earlier to 62.134 billion yuan ($8.99 billion).

Aug. 31 , 2022
Gasgoo Daily: Great Wall Motor scores 58.72% YoY growth in H1 2022 net profit
Gasgoo Daily: Great Wall Motor scores 58.72% YoY growth in H1 2022 net profit

Great Wall Motor announced today its net profit attributable to shareholders reached 5,600,501,900 yuan ($809.637 million) in the first half of 2022, surging 58.72% year on year.

Aug. 30 , 2022
GAC Group sees H1 2022 net profit leap 32.61% YoY
GAC Group sees H1 2022 net profit leap 32.61% YoY

GAC Group announced today its revenue amounted to 48.448 billion yuan ($7.004 billion) in the first half of 2022 (“H1 2022”), surging 41.17% over a year earlier.

Aug. 30 , 2022