In Propulsion for the First Sea Launch by CASC, WEY Sets an Example for Chinese Brands

BAODING, China–(BUSINESS WIRE)–At 12:06 on June 5, 2019, China makes a new breakthrough in aerospace
undertaking once again. CZ-11 Solid-fuel Space Launch Vehicle (CZ-11
WEY) succeeds in fulfilling China’s first sea launch mission. A Chinese
automotive brand in this sea launch mission attracts the worldwide
attention, which is of ground-breaking significance for CASC and Chinese
automotive brands.

As the name of “CZ-11 WEY” suggests, on the one hand, CASC is
endeavoring to transform its development mode and create a development
path of civil-military integration; on the other hand, the intelligent
manufacturing ability of Chinese automotive brands is on the rise. WEY,
a leading premium SUV brand in China, is favored by more and more users
in the Chinese automotive market. Its participation in this world-class
launch mission of CASC evidently proves that WEY has begun to soar up
like an eagle with its great power.

Aerospace science and technology marks a commanding height of global
scientific and technological development. Aerospace science and
technology is often applied to advance automotive technology, which is
an important engine for development of the global automotive industry.
The Joint Technology Innovation Center, jointly set up by CASC and WEY,
not only benefits WEY in the course of development, but also provides
technological support for CASC to achieve “Two-way Technology
Empowerment”.

Mr. Jack Wey, Chairman of Great Wall Motors Co., Ltd. (SEHK: 2333) and
Founder of WEY, cherishes an ambitious development goal for WEY. He
vowed to compete with international brands on the world automotive
arena, allowing Chinese automobiles to be seen in every corner of the
world. WEY aspires to achieve “Ascending Upwards” and “Going Global”,
bringing Chinese people readily-available luxury and spreading Chinese
contemporary luxury all over the world.

Since its inception, WEY has embarked on an ascending journey as a
Chinese brand. In compliance with the philosophy of CASC that “core
technology is unavailable to buy or trade in the market, WEY insists on
independent research and development of core technology. Both the
7-speed wet-type dual-clutch transmission which again won the honor of
“World’s Top 10 Transmissions” and 2.0T/1.5T turbocharged engines at the
forefront of the industry are convincing examples of independence and
self-reliance of WEY. Within just two years, WEY has launched four
models, i.e., VV5, VV6, VV7 and P8. So far, WEY has boasted more than
260,000 users as No.1 Chinese brand in the market segment.

From pioneering to leading, WEY has not only made breakthrough in the
development of a Chinese independent brand, but also reshaped the
development pattern of premium SUVs. It is committed to bringing Chinese
people readily-available luxury and spreading Chinese contemporary
luxury all over the world, so as to practice the great vision of
“Ascending Upwards” and “Going Global” as a Chinese brand.

Contacts

Great Wall Motor
Liu Jian
+8618241766066
[email protected]

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