Great Wall Motor's A shares increase after convertible bond conversions

For the month ended October 31, 2025, Great Wall Motor Company Limited’s total authorized and registered share capital reached RMB 8,557,872,012. The company's H-share capital remained unchanged, with 2,318,776,000 ordinary H shares outstanding, each with a par value of RMB 1, totaling RMB 2,318,776,000.

In contrast, the A-share capital saw an increase of 51 ordinary A shares, bringing the total to 6,239,096,012 shares. This movement stemmed from the conversion of GWM Convertible Bond holders. The conversion resulted in the issuance of 51 new A shares, increasing the number of issued A shares (excluding treasury shares) from 6,238,677,318 to 6,238,677,369. The amount of convertible bonds decreased by 2,000, from RMB 3,495,057,000 to RMB 3,495,055,000.

The company's treasury shares for A shares remained at 418,643, and there was no change in the number of treasury shares for H shares, which remained at zero. As of the close of the month, 89,250,638 A shares may still be issued or transferred out of treasury pursuant to the convertible bond terms.