On December 30, Great Wall's new high-end smart car project officially announced that Li Peng, the digital executive officer of Great Wall Motors, will be fully responsible for the SL project. Great Wall Motor's H shares rose 10% in late trading. The stock price has risen by more than 300% this year.

       Li Peng, digital executive officer of Great Wall Motors, said, "Today is my last speech on behalf of Great Wall Motors Digital Center. Next, Great Wall Motors Digital Center will be in charge of Chen Xianling. As market rumors, I will be fully responsible for the high-end smart car project—— SL project."

       At present, Great Wall Motors will adopt the research and development concept of the integration of the three intelligences of the automobile, including the intelligent cockpit, intelligent driving, and intelligent services.

      The smart cockpit will be delivered in the first quarter of 2021.

      In the chip field, it will cooperate with Qualcomm, and Qualcomm's chips will be mounted on Great Wall Motor's new high-end models in 2022.

       On December 11, Shanghai Sharon Zhixing Industrial Co., Ltd. was established, which is the previously rumored Great Wall Motor SL project. It is reported that Salon Zhixing is registered in Shanghai, and Li Peng, the founder of Xiandou Intelligent and digital executive of Great Wall Motors, is the legal representative of Sharon Zhixing. In addition, high-end smart electric vehicles are the starting point of Salon Zhixing, but the scope of business is much more than that.

       In the first November of this year, Great Wall Motor’s Haval brand sales reached 644,700 vehicles, down 6.7% year-on-year; WEY brand sales reached 68,500 vehicles, down 24.47% year-on-year; Great Wall pickup sales reached 203,400 vehicles, up 52.23% year-on-year; Euler brand sales Reached 43,500 vehicles, a year-on-year increase of 20.17%. Looking at the Euler brand alone, its sales in November reached 11,600 vehicles, an increase of 414.74% year-on-year.