Is Great Wall Motors a Fortune 500 Company?
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Great Wall Motors is a Fortune 500 company. Here is some relevant information about Great Wall Motors: 1. R&D Innovation: Great Wall Motors adheres to an "over-investment" strategy in technological research and development, focusing on effective R&D and pursuing leadership. It has developed independent technologies, standards, and intellectual property rights in various areas such as engines, transmissions, vehicle styling, vehicle design, CAE, and prototyping testing. By the end of 2017, Great Wall Motors had filed 7,480 patent applications and obtained 5,704 authorized patents, covering more than 60 countries and regions. The company has intensified its R&D facility construction, establishing R&D centers in Japan, the U.S., Germany, and India. With the official operation of technology centers in Austria and South Korea in 2017, Great Wall Motors now has six overseas technology centers, further improving its global R&D layout. 2. Marketing Services: Great Wall Motors elevates service to the level of brand strategy, setting "customer satisfaction" as the evaluation standard for its work objectives. It focuses human, financial, and material resources on "customer satisfaction," making it a core metric for measuring dealers and a strategic direction for corporate development. 3. International Market: On June 5, 2019, Great Wall Motors' Russia Tula plant, the first wholly-owned full-process manufacturing facility of a Chinese independent brand overseas, officially commenced production. The first global vehicle of an independent brand, the Haval F7, rolled off the production line and was launched overseas simultaneously. Great Wall Motors was among the first Chinese automakers to expand internationally, achieving exports in 1998. Its export products include SUVs, sedans, and pickup trucks, primarily to countries and regions such as Russia, Chile, and South Africa.