Great Wall Motor Co., China's largest sport utility vehicle (SUV) producer, announced on July 25 that its first-half profit will jump 30.29 percent year on year.

Net profits in the first six months hit 2.36 billion yuan ($369.6 million).

The company's sales maintained double digit growth in the first half although China's auto market slumped because of the slowing economy, the removal of subsidies and tighter rules on new car registration.

The automaker's sales grew 17 percent from one year earlier to 279,300 units in the first half.

The company's Haval series was one of the most-purchased SUVs in China in the first six months, with sales surging 41 percent year on year to 110,000 units.

Great Wall C30 was also a best-selling model due to its competitive prices. Its sales reached 68,000 units in the first half.