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.