Great Wall Motor: Convertible bond conversion and stock option exercise update

Great Wall Motor Company [SSE:601633] has announced updates regarding convertible bond conversions and the voluntary exercise of stock options under its 2021 incentive plan. During April 2025, CNY 78,000 worth of "Changqi Convertible Bonds" were converted into 1,968 company shares. Cumulatively, since December 17, 2021, conversions have totaled CNY 4,875,000, resulting in 127,897 shares, representing 0.0014% of the issued share capital prior to the bond conversion. As of April 30, 2025, CNY 3,495,125,000 in convertible bonds remain outstanding, or 99.8607% of the total issued.