A frequent polling participant of China Power most influential women entrepreneurs has left her main post.
Wang Feng Ying stepped down Sunday as general manager of Great Wall Motor, China’s largest SUV maker, “due to job adjustments,” the company said in a statement Sunday. Wang, who stepped down as CEO and vice chairman on March 18, “will continue to participate in the company’s strategic management work,” the statement said.
Outstanding Wall shares traded in Hong Kong fell 59.6% over the past year to close at HK$13.16 on Friday as economic growth slowed and customers turned to electric cars. As a result, outstanding Wall shipments fell 16% to 518,525 units in the first half of 2022.
while leading electric vehicles such as BYD, NIO, Li Auto, and Warren Buffett-backed Xpeng saw gains.
Wang joined Great Wall in 1991 and is in charge of marketing management; they served as Managing Director from June 2001 until this year.
Mu Feng, who was appointed Wang’s successor, joined the Great Wall in 2007. And has held various positions, including Head of Research and Development.