The nation's securities regulator will consider the Hebei-based automaker's application "around June," Wei told reporters in Hong Kong. "If they approve, then the plan is for us to list anytime after September."

Great Wall said on Oct. 12 that it will sell 121.7 million shares in Shanghai and use the proceeds to expandcomponent production.

In 2010, the Hong Kong-traded carmaker's net income rose to 2.7 billion yuan ($411 million) from 1.0 billion in 2009, as government incentives stoked demand for vehicles, the company said.

Great Wall aims to raise sales 38 percent this year to 500,000 vehicles this year -- driven in part by demand for the popular Hover SUV.

Great Wall, whose other models include Wingle pickups and Voleex C30 cars, also will increase its sales outlets to 1,210 this year from 700 at the end of 2010, board secretary Xu Hui said at the same briefing.

China's third-largest vehicle exporter aims to sell 80,000 units overseas this year, in regions including the Middle East, Africa and South America, Wei said.

The automaker is "just one of the carmakers" in talks with Tata Motors Ltd.'s Land Rover about a joint venture, and
"nothing concrete" has been discussed, Wei added.

A passenger-car plant in the northern Chinese city of Tianjin will be completed by mid-year and will add as many as 80,000 units in production capacity for the rest of 2011 when fully operational, he said.