Gasgoo.com (Shanghai January 29) - Great Wall's business returns and net profit for 2011 totaled 30.14 billion yuan ($4.81b) and 3.56 billion yuan ($567.73m) respectively, China Economic Net reported today. The figures represent year-on-year growth of 31.13 percent and 25.77 percent, well above the declining average sales rates for the industry last year. Great Wall's stock returns reached 1.23 yuan ($0.196) per share, while the manufacturer's overall assets totaled 33.37 billion yuan ($5.33b).

According to statistics from the China Passenger Car Association, Great Wall sold a total of 487,000 vehicles from January to December of last year, 22.5 percent higher than the amount the manufacturer sold in 2010. Exports accounted for 83,000 of all the sales, 50 percent higher than the previous year.

The Haval series of SUVs led Great Wall's sales with a total of 165,000 units sold. For the eighth year running, the Havals have maintained the title of best-selling domestic brand SUV. Meanwhile, sales of the Voleex sedans reached 200,000 units, with the Voleex C30 (pictured above) entering the list for top ten selling cars. 122,000 Fengjun pickups were sold, with sales increasing 18 percent from 2010.

In other news, the manufacturer's Haval H6 (pictured below) attained CCTV's award for best domestic vehicle of 2011 last week. Additionally, the Great Wall Haval SUV team's latest performance at the Dakar Rally marks the best showing a Chinese team has ever made at the event.

Great Wall's sales target for 2012 is set at 600,000 vehicles, with 100,000 of those proposed sales destined for overseas markets. The manufacturer plans to release three new models during the year, as well as further expand its dealership network.