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Annual Report 2017
(a joint stock company Incorporated in the People's Republic of China with limited liability) H Share Stock Code: 2333 A Share Stock Code: 601633 Annual Report 2017 * For identification purpose only IMPORTANT NOTICE I. The Board, the Supervisory Committee and the directors, supervisors and senior management of the Company warrant that the content set out in this annual report is true, accurate and complete and does not contain any false representations, misleading statements or material omissions, and jointly and severally take legal liability for its contents. II. All the directors of the Company attended the Board meeting. III. Deloitte Touche Tohmatsu Certified Public Accountants LLP has issued the standard audited report for the Company without qualified opinion. The financial information in the annual report was prepared in accordance with China Accounting Standards for Business Enterprises and the relevant laws and regulations. IV. Wei Jian Jun, person-in-charge of the Company, Li Feng Zhen, person-in-charge of the accounting affairs and Lu Cai Juan, person-in-charge of the accounting department (head of the accounting department), declare that they warrant the truthfulness, accuracy and completeness of the financial report in this annual report. V. Proposal of profit distribution or capitalization of capital reserve during the Reporting Period reviewed by the Board As audited by Deloitte Touche Tohmatsu Certified Public Accountants LLP, the net profit of the Group and net profit attributable to shareholders of the Company in 2017 amounted to RMB5,043,386.53 and RMB5,027,297,997.74 respectively. The Company proposed to declare a cash dividend of RMB1,551,635,730.00 (representing RMB0.17 per share) (tax inclusive) to the shareholders of the Company for the year ended 31 December 2017. -
Analysis of the Dynamic Relationship Between the Emergence Of
Annals of Business Administrative Science 8 (2009) 21–42 Online ISSN 1347-4456 Print ISSN 1347-4464 Available at www.gbrc.jp ©2009 Global Business Research Center Analysis of the Dynamic Relationship between the Emergence of Independent Chinese Automobile Manufacturers and International Technology Transfer in China’s Auto Industry Zejian LI Manufacturing Management Research Center Faculty of Economics, the University of Tokyo E-mail: [email protected] Abstract: This paper examines the relationship between the emergence of independent Chinese automobile manufacturers (ICAMs) and International Technology Transfer. Many scholars indicate that the use of outside supplies is the sole reason for the high-speed growth of ICAMs. However, it is necessary to outline the reasons and factors that might contribute to the process at the company-level. This paper is based on the organizational view. It examines and clarifies the internal dynamics of the ICAMs from a historical perspective. The paper explores the role that international technology transfer has played in the emergence of ICAMs. In conclusion, it is clear that due to direct or indirect spillover from joint ventures, ICAMs were able to autonomously construct the necessary core competitive abilities. Keywords: marketing, international business, multinational corporations (MNCs), technology transfer, Chinese automobile industry but progressive emergence of independent Chinese 1. Introduction automobile manufacturers (ICAMs). It will also The purpose of this study is to investigate -
Poland Regional Cities-Comfort-Vehicle-List
Make Model Year Oldsmobile 19 Oldsmobile Alero Oldsmobile Aurora Oldsmobile Bravada Oldsmobile Cutlass Supreme Oldsmobile Intrigue Oldsmobile Silhouette Dodge Attitude Dodge Avenger 2013 Dodge Caliber Dodge Caravan 2015 Dodge Challenger Dodge Charger 2013 Dodge Dakota Dodge Dart 2015 Dodge Durango 2013 Dodge Grand Caravan 2015 Dodge Intrepid Dodge JCUV Dodge Journey 2013 Dodge Magnum 2013 Dodge Neon 2015 Dodge Nitro 2013 Dodge Ram 1500 Dodge Ram 2500 Dodge Ram 3500 Dodge Ram 4500 Dodge Ram 700 Dodge Ram Van 2015 Dodge Sprinter Dodge Stratus 2015 Dodge Stretch Limo Dodge Viper Dodge Vision Dodge i10 Land Rover Defender 2013 Land Rover Discovery 2013 Land Rover Freelander 2013 Land Rover Freelander 2 Land Rover LR2 Land Rover LR3 Land Rover LR4 Land Rover Range Rover 2013 Land Rover Range Rover Evoque 2013 Land Rover Range Rover Sport 2013 Land Rover Range Rover Velar 2013 Land Rover Range Rover Vogue 2013 Chevrolet Agile Chevrolet Astra 2015 Chevrolet Astro Chevrolet Avalanche 2013 Chevrolet Aveo Chevrolet Aveo5 Chevrolet Beat Chevrolet Blazer Chevrolet Bolt Chevrolet CMV Chevrolet Camaro Chevrolet Caprice Chevrolet Captiva 2013 Chevrolet Cavalier Chevrolet Celta Chevrolet Chevy Chevrolet City Express Chevrolet Classic Chevrolet Cobalt 2015 Chevrolet Colorado Chevrolet Corsa Chevrolet Corsa Sedan Chevrolet Corsa Wagon Chevrolet Corvette Chevrolet Corvette ZR1 Chevrolet Cruze 2015 Chevrolet Cruze Sport6 Chevrolet Dmax Chevrolet Enjoy Chevrolet Epica 2013 Chevrolet Equinox 2013 Chevrolet Esteem Chevrolet Evanda 2013 Chevrolet Exclusive Chevrolet -
Alixpartners Automotive Electrification Index Second Quarter 2017 ALIXPARTNERS AUTOMOTIVE ELECTRIFICATION INDEX Alixpartners Automotive Electrification Index E-Range
AlixPartners Automotive Electrification Index Second Quarter 2017 ALIXPARTNERS AUTOMOTIVE ELECTRIFICATION INDEX AlixPartners Automotive Electrification Index e-range • By automaker, segment, region, and country E-RANGE = • Note: e-range does not include range from internal-combustion- engine (ICE) sources in plug-in hybrids—only the battery range Sum of electric is included range of all electric • The e-range attempts to rank the electrically driven range, and vehicles (EV) sold as such, does not include non-plug-in hybrids (HEVs) such as the standard Toyota Prius 2 ALIXPARTNERS AUTOMOTIVE ELECTRIFICATION INDEX AlixPartners Automotive Electrification Index ICE-vehicle equivalent market share • By automaker, segment, region, and country Using e-range data, • Full-ICE-equivalent EVs are defined as the electric range of the we can calculate an vehicle sold divided by 311 miles (500 km) ICE-vehicle • Note: to make the EV equivalent to an internal combustion engine equivalent vehicle (ICE), the 311-mile (500-km) range approximates an market share equivalent range between fill-ups for ICE vehicles. Dividing by this factor results in a more illuminating view of overall electrification, Total number of as it counts vehicles with high-electric ranges as full alternatives full-ICE-equivalent- to ICE vehicles and discounts small range city cars or compliance range EVs sold vehicles Total number of • Note: range of the ICE vehicles are not normalized to 311 miles (500 km)—each ICE unit sold is counted as a full vehicle vehicles sold (EV and ICE) 3 -
A80-Toothlearn-Xtooleshop.PDF (249K)
Tooth learn Function List Software Version: 5.22 Automaker method Model Engine/Type Year Chery By System Delphi electronic control system 1.5L(477F) Chery By System Delphi Electronic Control 1.6L(481F) Chery By System Delphiel ectroni ccontrol system 1.6L(451F) Chery By System Delphi 473 system Chery By System Delphi CNG engine Chery By System Liuji 465 Electronic Control System Chery By Type Type1(Delphie OBD) Chery By Type Type2 Chery By model Fengyun2 Series Delphi Electric Control System 1.5L(477F) Chery By model Cowin/Cowin2 Delphi Electronic Control System Chery By model Cowin/Cowin2 Delphi CNG engine Chery By model Cowin1 Delphi 473 EFI Chery By model Cowin3 Delphi CNG engine Chery By model Cowin5 Delphi Electronic Control Chery By model A1 Delphi 473 system Chery By model A5 Delphi CNG engine Chery By model E5 Chery By model Sonoftheeast Delphi Electronic Control System Chery By model QQ3 Liuji 465 Electronic Control System Chery By model QQ6 Delphi 473 system Chery By model Tiggo/Tiggo3 Delphi Electric Control2.0L/2.4L(4G63/4G64) Chery By model Tiggo/Tiggo3 Delphi Electronic Control1.6L(481F) Kairui By model Excellent Q22B Type1 Kairui By model Excellent Q22B Type2 Kairui By model ViewSonic Q21 Type1 Kairui By model ViewSonic Q21 Type2 Kairui By model YouSheng Q21D Type1 Kairui By model YouSheng Q21D Type2 Kairui By model elegant S22 Type1 Kairui By model elegant S122 Type2 Kairui By model elegant 2 Type1 Kairui By model elegant 2 Type2 Kairui By model QQ3 series Type1 Kairui By model QQ3 series Type2 Kairui By model K50 AUTO -
GREAT WALL MOTOR COMPANY LIMITED (A Joint Stock Company Incorporated in the People’S Republic of China with Limited Liability) (Stock Code: 2333)
Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement. 長 城 汽 車 股 份 有 限 公 司 * GREAT WALL MOTOR COMPANY LIMITED (a joint stock company incorporated in the People’s Republic of China with limited liability) (Stock Code: 2333) ANNOUNCEMENT OF AUDITED ANNUAL RESULTS FOR THE YEAR ENDED 31 DECEMBER 2019 The board of directors (the “Board”) of Great Wall Motor Company Limited (the “Company”) is pleased to announce the audited results of the Company and its subsidiaries for the year ended 31 December 2019. This announcement, containing the full text of the 2019 Annual Report of the Company, is prepared with reference to the relevant requirements of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited in relation to preliminary announcements of Annual Results. The Company’s 2019 Annual Report will be available for viewing on the websites of The Stock Exchange of Hong Kong Limited at www.hkexnews.hk and of the Company at www.gwm.com.cn. Printed version of the Company’s 2019 Annual Report will also be delivered to the Company’s shareholders. By order of the Board Great Wall Motor Company Limited Xu Hui Company Secretary IMPORTANT NOTICE I. The Board, the Supervisory Committee and the directors, supervisors and senior management of the Company warrant that the contents of this annual report are true, accurate and complete and do not contain any false representations, misleading statements or material omissions, and jointly and severally take legal liability for its contents. -
2009-Mmrc-269
MMRC DISCUSSION PAPER SERIES No. 269 The Role of International Technology Transfer in the Chinese Automotive Industry Zejian Li, Ph.D. Project Research Associate Manufacturing Management Research Center (MMRC) Faculty of Economics, THE UNIVERSITY OF TOKYO July 2009 東京大学ものづくり経営研究センター Manufacturing Management Research Center (MMRC) Discussion papers are in draft form distributed for purposes of comment and discussion. Contact the author for permission when reproducing or citing any part of this paper. Copyright is held by the author. http://merc.e.u-tokyo.ac.jp/mmrc/dp/index.html The Role of International Technology Transfer in the Chinese Automotive Industry Zejian Li, Ph.D. (E-mail: [email protected]) Project Research Associate Manufacturing Management Research Center (MMRC) Faculty of Economics, THE UNIVERSITY OF TOKYO May 2009 Abstract The so called Independent Chinese Automobile Manufacturers (ICAMs), such as CHERY, Geely and BYD, emerged at the end of 1990's as new entrants to Chinese passenger vehicle market and have achieved remarkable growth. The phenomenon of these autonomous Chinese Automakers is drawing increasing attention not only from academia but also from business and government circles. This paper attempts to clarify the relationship between emergence of ICAMs and International Technology Transfer. Many scholars indicate the use of outside supplies (of engines and other key-parts), as a sole reason for high-speed growth of ICAMs. However, the internal approach, at a level of how companies act, is also necessary to outline all the reasons and factors that might contribute to the process. This paper, based on organizational view, starts from historical perspective and clarifies the internal dynamics of the ICAMs. -
Great Wall Motor 2333 HK BNP PARIBAS Victoria Li
Great Wall Motor 2333 HK BNP PARIBAS Victoria Li 15 DECEMBER 2015 CHINA / AUTOMOBILES & COMPONENTS GREAT WALL MOTOR 2333 HK TARGET PRICE HKD9.59 HOW WE DIFFER FROM CONSENSUS MARKET RECS CLOSE HKD9.33 TARGET PRICE (%) (15.9) POSITIVE 23 HOLD UP/DOWNSIDE +2.8% EPS 2015 (%) 2.5 NEUTRAL 5 FROM BUY PRIOR TP HKD7.78 EPS 2016 (%) (0.9) NEGATIVE 5 CHANGE IN TP 23.21% KEY STOCK DATA Lack of new drivers YE Dec (RMB m) 2014A 2015E 2016E 2017E 2016 to be a better year with demand recovery Revenue 62,600 68,045 79,454 87,553 We estimate China PV sales volume growth would improve to 7.1% Rec. net profit 8,042 8,761 10,417 11,511 y-y in 2016E (2015E: 5.4%), mostly driven by the APT cut and the Recurring EPS (RMB) 0.88 0.96 1.10 1.12 revival of delayed purchase interest. SUV segment should continue Prior rec. EPS (RMB) 0.88 0.95 1.04 1.00 to grow fast at 35% y-y. Both would benefit GWM’s sales volume. Chg. In EPS est. (%) 0.0 1.1 5.6 12.4 However, GWM’s facing more challenges than peers EPS growth (%) (2.2) 8.9 14.2 2.4 Although GWM shall be the biggest beneficiary in our coverage Recurring P/E (x) 8.8 8.1 7.1 6.9 according to its sales volume exposure to 1.6L-and-below engines, Dividend yield (%) 3.4 3.4 3.6 4.0 its earnings growth would be weaker than its peers, such as Geely EV/EBITDA (x) 5.9 5.4 4.4 4.0 and Changan. -
Management2.0
China Auto Monthly Report – Feb 2009 China Auto Monthly Report is a monthly English review co- operated by Chinadaily.com.cn and ResearchInChina.com. It features the latest events, statistics and analyses from the Chinese automobile market. With China Auto Monthly Report, you'll discover the monthly and quarterly outputs and sales of China's automakers, latest price quotes, and consumer survey results and information on projects investment. Table of content • Overseas Bulletin • Honda to boost China output capacity by 23% • GM to form JV with Harbin Light Truck Factory • Hyundai, Kia bank on China • Ford moving Asia Pacific headquarters to China • Subaru aims to lift China sales by 30% • Fiat's new Chinese ventures awaiting approval • GM talking with FAW on commercial vehicle partnership • Ssangyong bankruptcy protection ends SAIC control • Toyota aims to boost China sales by 20% in 2009 • Volkswagen China keeps strong investment • Nissan eyes 4.6% rise in China car sales in 2009 • GM denies plan to sell stakes in China venture • GM not to change its China operations • Chrysler denies Chinese purchase talks • Volkswagen aims to double sales to 2m by 2018 •New Models • Nissan GT-R car to sell in China for 1m yuan • BYD to launch first MPV model in 2009 • GM to launch 5 more models in China by 2011 • Luxury Hyundai Equus to drive to China in September • FAW to launch all-new Hongqi limo HQE in 2009 • Shanghai Volkswagen to launch revamped Passat in Q2 • GAC Toyota releases 2009 Camry • Chery to release luxury Riich brand in March • Dongfeng -
Lista Actualizada Agosto 2020 "Baic M50s 24C04
LISTA ACTUALIZADA AGOSTO 2020 "BAIC M50S 24C04.xscr" "BRILLANCE FRV CROSS MC9S12HA48 V2.xscr" "BRILLANCE FRV CROSS MC9S12HA48.xscr" "BRILLANCE V3 25C040.xscr" "BRILLANCE V5 J3858233 ST95320.xscr" "BRILLANCE V5 MC9S12HZ128.xscr" "BUSCADOR MASCARAS TORRES JR..uds" "CATERPILLAR 420E 24C08.xscr" "CHANA SC10 2012 MC9S12HA32.xscr" "CHANGAN CS15 2019 MC9S12HY64.xscr" "CHANGAN CS35 2015 MC9S12HA32.xscr" "CHANGAN CS35 2016 V2 MC9S12HA32.xscr" "CHANGAN CV2 2015 9S12HA48.xscr" "CHANGAN CV2 MC9S12HA48 V1.xscr" "CHANGAN CV2 MC9S12HA48 V2.xscr" "CHANGAN NEW VAN 2012 MC9S12HA32.xscr" "CHANGAN NEW VAN 2017 MC9S12HA32.xscr" "CHANGHE CH6430T2 24C04.xscr" "CHANGHE COOLCAR 24C04.xscr" "CHANGHE JUPITER M50S 24C04.xscr" "CHERVOLET SONIC ST95160 KEY MAKER.xscr" "CHERY FULL WIN MC9S12HY64.xscr" "CHERY GRAND TIGER 24C04.xscr" "CHERY PRACTIVAN KARRY 24C04.xscr" "CHERY Q22 24C04.xscr" "CHERY Q22L 24C04.xscr" "CHERY S22 24C04.xscr" "CHERY TIGGO 2 24C16 (2017-2020).xscr" "CHERY TIGGO 4 2017 24C16.xscr" "CHERY TIGGO 5 MC9S12HZ256 V1.xscr" "CHERY TIGGO 5 MC9S12HZ256 V2.xscr" "CHEVROLET ALTO 1.jpg" "CHEVROLET ALTO 2.jpg" "CHEVROLET ALTO 93C46.uds" "CHEVROLET AVEO 1.jpg" "CHEVROLET AVEO 2.jpg" "CHEVROLET AVEO 93C86.uds" "CHEVROLET AVEO 93LC56.xscr" "CHEVROLET AVEO 96 430 711 - ST95080.xscr" "CHEVROLET AVEO 96 430 712 - ST95080.xscr" "CHEVROLET AVEO 96 442 701 ST95160.xscr" "CHEVROLET AVEO 96 442 702 ST95160.xscr" "CHEVROLET AVEO 96 806 848 ST95160.xscr" "CHEVROLET AVEO 42339704 - ST95160.xscr" "CHEVROLET AVEO BCM 25160.xscr" "CHEVROLET AVEO BCM MC9S12XEQ512 KEY MAKER.xscr" -
Disgnostic List SERVICE RESET V7.90
Disgnostic List SERVICE RESET_v7.90 Remark: 1.√: means that the system has this function 2. -: means that the system doesn't have this function 3. Compared with the last version, the new added function is marked in red font Function Menu Automatic reset Manual reset Remark (Other Functions) Demo mode VW √ -- Chinese CHERY H3 series, Eastar, FY2, Tiggo 3 √ √ Chinese CHERY Tiggo, A3, A5, Cowin 3, G2, E5 √ √ Chinese CHERY G3, V5 series, H5 series, X5 series √ √ Chinese CHERY E3, New Eastar, new QQ, Tiggo 5, ARRIZO 3, ARRIZO M7 √ -- Chinese CHERY Eastar/Cowin 5, MC22 √ -- Chinese Transit JMC Transit √ √ Chinese MG MG3, MG5, MG7, MG7 (type 2), MG3 ZERO √ -- Chinese MG MG6, MG6 EU √ -- Chinese MG New MG3/GS √ -- Chinese MG MG7-L √ -- Chinese MG MGTF √ -- Chinese MG AP12, AP13 √ -- Chinese BAIC C70G, E series, C50E, C65X, D70, X65 √ -- Chinese BAIC D50 √ -- Chinese BAIC C60F √ -- Chinese BAIC BJ20 √ -- Chinese BAIC BJEV BAIC-WW 307 √ -- Chinese BAIC BJEV BAIC-WW 308EV √ -- Chinese BAIC BJEV EV150 economy type √ -- Chinese BAIC BJEV EV160 √ -- Chinese BAIC BJEV EV200 √ -- Chinese BAIC BJEV EV200/EV1600 √ -- Page 1 Disgnostic List SERVICE RESET_v7.90 Remark: 1.√: means that the system has this function 2. -: means that the system doesn't have this function 3. Compared with the last version, the new added function is marked in red font Function Menu Automatic reset Manual reset Remark (Other Functions) Chinese BAIC BJEV EU220 √ -- Chinese BAIC BJEV EU260 √ -- Chinese BAIC BJEV EH300 √ -- Chinese BAIC BJEV ARCFOX-1 √ -- Chinese SUZUKI New Aotuo, -
Incentivizing Vehicle Mass Reduction Technologies Via Size-Based Passenger Car Fuel Consumption Standards in China
WHITE PAPER NOVEMBER 2013 INCENTIVIZING VEHICLE MASS REDUCTION TECHNOLOGIES VIA SIZE-BASED PASSENGER CAR FUEL CONSUMPTION STANDARDS IN CHINA AUTHORS: Hui He, Zifei Yang www.theicct.org [email protected] BEIJING | BERLIN | BRUSSELS | SAN FRANCISCO | WASHINGTON ACKNOWLEDGEMENTS The authors would like to acknowledge Mr. Yuefu Jin, Mr. Qianli Guo and Dr. Dongchang Zhao (China Automotive Technology and Research Center), Dr. Michael Q. Wang (Ar- gonne National Laboratory), Dr. Masami Misaki (Nissan China Investment Company), Dr. Martin Koers (Verband der Automoilindustrie), and Mr. Frank J. Overmeyer (Daimler AG) for having reviewed and provided feedback to this report. We would also like to thank our ICCT colleagues Anup Bandivadekar, Gaurav Bansal, Vincent Franco John German, Peter Mock, and Francisco Posada for their valuable input and support for the project. This study was funded through the generous support of the ClimateWorks Foundation. All errors and omissions are the sole responsibility of the authors. © 2013 The International Council on Clean Transportation 1225 I Street NW, Suite 900 Washington, DC 20005 www.theicct.org | [email protected] TABLE OF CONTENTS Executive summary ....................................................................................................................1 1 Introduction ............................................................................................................................6 2 Background .........................................................................................................................