Great Wall Motor Company Limited (GWM)

Great Wall Motor Company Limited (GWM) is the largest privately-owned automotive manufacturer in China. It is the first privately-owned auto company of China listed in the Hong Kong Stock Market and has obtained HKD1700,000,000 financial investment. With 10 plus years of rapid growth GWM has accumulated enormous economic capacity, becoming the number one taxpayer consecutively for three years in the City of Baoding. It is among “the Top 500 Enterprises of China in 2004" and one of the best brands in national automobile range.

GWM owns more than 10 subsidiaries and it currently has about 8,000 employees. At present, products of GWM covers Pickups series, SUV series, CUV series, motor-homes and special vehicles, etc. GWM has the capability of developing engines, front and rear axles, and core parts of vehicles. Great Wall Pickups are the leaders in market share, products range, export volume, and market occupation among all the pickup brands in consecutive 8 years. Great Wall SUV was ranked the number one in terms of sales volume for 3 years consecutively, promoted the growth of the entire SUV segment in China. The R&D Center of GWM has collaborated closely with the well-known designing companies from Europe and Japan, thus making the products go far compared with the same ones of other auto company in the aspects of appearance, safety, environmental protection, energy saving and driving comfort etc. GWM always takes the lead in Chinese automobile range.

For obtaining further development and advancing competitive strength, GWM is establishing Great Wall Motor Industry Zone, covering an area of 1,800,000.00 m2 with annual output of more than 400,000 units. It is No.1 project of Baoding and major project of Hebei province. The annual production capacity of GWM will reach 400,000 units covering the full range of passenger cars, pickups, SUV and MPV.

The GWM Technical Research and Development Center covers a size of 30,000m2 with a total investment of RMB 300,000,000. It has more than 500 engineers, among whom 150 are PhDs, masters and senior engineers with advanced design and testing facilities such as a computer center, a styling center, a proto-typing workshop, an emissions laboratory, an environment simulation laboratory, a chassis performance laboratory, parts performance laboratory, a proven ground, mold center etc. The center will be developed into a national technology R&D center with the development capability of engines, car bodies, auto-electronics and passenger vehicles.

In face of the auto market with great potential, GWM is always dedicated to strengthen the enterprise’s capability. With taking the lead in terms of pickup and SUV segment, Great Wall Auto would launch the passage car and MPV products, and become national automobile of Chinese people in which every Chinese will take pride.

Great Wall Motor is not only popular in domestic market, but also selling well in international market. After entrance of WTO, Great Wall Motor exploited the overseas market relying on the perfect P&P ration. Up to now GWM has achieved the goal to export full range of products to overseas market. Great Wall pickup and Safe SUV has been the Top one in terms of export volume for several consecutive years since the year of 1999. Great Wall Motor Company Limited pays much attention to the market exploitation, pursuing both the export volume and product reputation. Up to now, it has been the best Chinese vehicle brand in middle east, South America and North Africa, exported to 50 countries and regions and established a stable international marketing network.

GW industry Company, the predecessor of Great Wall Automobile Holding Company Limited, was a collectively owned enterprise established in 1984, with registered capital of RMB 800,000 and was principally engaged in the business of modifying automobiles.

In June 1998, GW Industry Company converted into GW Motor Group, with a registered capital of RMB 39,000,000.
On June 12, 2001, GW Motor Group was restructured to become Baoding Great Wall Automobile Holding Company Limited with a registered capital amount of RMB 170,500,000.
On May 28, 2003, Baoding Great Wall Automobile Holding Company Limited changed its name to Great Wall Automobile Holding Company Limited.
On September 3, 2003, the registered capital of the Company amounted to RMB 341,000,000.
On December 15, 2003, the Company issued 131,100,000 H shares and was listed on the Stock Exchange of Hong Kong Limited. Consequently, the total share capital of the Company reached 472,100,000 shares.
On July 15, 2004, the registered capital of the Company amounted to RMB 472 100 000 RMB.
On January 24,2005,after the capitalization issue in the Company's share premium account the Company's registered capital amounted to 944 200 000 RMB.

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