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Guolian Securities research report pointed out that Great Wall Motors (601633.SH) sold 100,000 vehicles in April, a year-on-year increase of 5.6% and a month-on-month increase of 2.1%; the cumulative sales of vehicles from January to April were 357,000 vehicles, a year-on-year decrease of 3.6%. In April, the sales of Haval SUVs increased both on a year-on-year and month-on-month basis, with the launch of multiple new models boosting future sales performance. According to the company's 2024 annual report outlook, in 2025, the company will accelerate the promotion of intelligentization strategy and the comprehensive popularization of high-end advanced driving assistance system products, focusing on user experience to create a safe, intelligent, and equal future travel ecology. With the company gradually launching new models equipped with high-end advanced driving assistance, its model competitiveness will further increase, and sales are expected to further increase. The company continues to promote the upward trend of the brand, new energy, and overseas expansion, maintaining a "buy" rating.
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