GWMOTOR (HKG: 02333) opened nearly 4% lower in trading. At the time of reporting, the stock was down 3.76% to HKD 10.25, with a turnover of HKD 5.4991 million.

This movement follows the company's recent sales data release. On June 1st, GWMOTOR announced its May sales figures. The company sold 100,400 vehicles in May, representing a year-on-year decrease of 1.79%.

For the first five months of the year, cumulative sales reached 475,800 units, which is a 3.64% increase compared to the same period last year.

Sales of new energy vehicles in May totaled 30,400 units. From January to May, the cumulative sales of new energy vehicles were 110,000 units.

Overseas sales for May were 50,700 vehicles. The cumulative overseas sales for the January-May period reached 231,300 units.