GWMOTOR (02333) rose more than 6%, reaching HK$16.27 by the time of writing, with a trading volume of HK$172 million. The company recently announced that its total vehicle sales in October 2025 reached approximately 143,100 units, up 22.5% year-on-year, while production stood at around 140,500 units, a 22.01% increase. From January to October, cumulative sales totaled about 1.0664 million units, up 9.87% YoY, with production at 1.0603 million units, a 9.7% rise.

The Tank series recorded wholesale sales of 22,000 units in October, up 16.6% YoY and 4.0% month-on-month. The new Tank 400 began pre-sales on October 21, featuring the Hi4-Z variant optimized for urban driving while enhancing off-road capabilities through intelligent technology, expected to drive premium branding and sales growth.

Overseas, GWMOTOR's wholesale sales in October reached 57,000 units, up 28.7% YoY and 13.7% month-on-month. Cumulative overseas sales from January to October hit 391,000 units, a 6.2% increase. The Tank 500 Hi4-T has launched in Australia, with its Hi4 technology and off-road grading system gaining recognition. Analysts suggest that as GWMOTOR expands localization efforts in Australia, its overseas sales are poised for steady growth.