GWMOTOR's Half-Year Results Reveal Overseas Expansion as Primary Growth Driver

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GWMOTOR (02333) has released its interim results for the six months ended June 30, 2026. The group reported total operating revenue of RMB 102.101 billion, representing a year-on-year increase of 10.58%. Net profit attributable to shareholders of the listed company stood at RMB 2.465 billion, a decrease of 61.11% compared to the same period last year. Basic earnings per share reached RMB 0.29.

Throughout 2026, GWMOTOR has continued to uphold its long-term development philosophy, placing user needs at the core of its operations. By building an intelligent product and technology ecosystem that covers all scenarios, all powertrains, all vehicle categories, and global markets, the company aims to drive continuous upgrades in product competitiveness and brand value.

During the first half of 2026, GWMOTOR achieved new vehicle sales of 575,764 units, a year-on-year increase of 1.22%. Notably, cumulative overseas sales reached 289,016 units, surging 45.46% year-on-year. The company has accelerated its "Ecosystem Going Global" model, with overseas business now emerging as the core engine of growth.

Drawing on insights into global user scenarios and energy structures, and guided by the "Guiyuan Model"—a value philosophy and optimal value framework for the automotive industry in the new era—GWMOTOR has further refined its diversified product matrix. The company has developed the Guiyuan Platform, a native multi-powertrain platform capable of supporting gasoline, diesel, pure electric, hybrid, plug-in hybrid, and hydrogen power. This platform enables "one vehicle with multiple powertrains, multiple categories, and multiple configurations," delivering comprehensive coverage across all powertrains, vehicle types, and price ranges to meet the full spectrum of user needs in global markets.

Technology research and development remain the core pillar of the company's sustainable growth. GWMOTOR consistently prioritizes R&D investment, focusing on proprietary development of core technologies and establishing a comprehensive technology framework. The company launched the world's first native AI-powered all-powertrain vehicle platform, the Guiyuan Platform, which supports multiple powertrain options and seven major vehicle categories, laying the foundation for future product iterations.

The next-generation Hi4 intelligent four-wheel-drive hybrid technology has spawned the Hi4-T architecture for hardcore off-road vehicles and the Hi4-Z architecture for light off-road use, achieving "four-wheel-drive performance with two-wheel-drive energy consumption" while addressing the industry pain point of high fuel consumption in off-road models. Additionally, the company has built a new-generation technology system centered on VLA models and world models, officially launching the Coffee Pilot 4 next-generation advanced driver assistance system to deliver a smart driving experience that is "understandable, visible, thoughtful, and trustworthy."

GWMOTOR continues to advance its "ONE GWM" brand strategy, strengthening the leadership of the GWM master brand to provide global users with consistently high-quality products and services. In terms of products, the company is grounded in a quality culture of "pursuing excellence," aiming to drive efficiency-driven growth and high-quality development while continuously improving quality management standards.

In communications, the company adopts a user-centric approach, upgrading from single-point experience management to comprehensive experience management. It optimizes user experiences across the entire journey, taps into incremental value throughout the user lifecycle, strengthens customer experience, and enhances word-of-mouth through a fully customer-facing (To C) approach. On the channel front, the company is building a global sales and service network to support its worldwide operations.

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