Great Wall Motor bonds trigger put-back right

Great Wall Motor Company Limited's A-share stock has triggered the conditional put-back right for its convertible bonds, with the closing price falling below 70% of the current conversion price for thirty consecutive trading days between June 10, 2025, and July 21, 2025.

Bondholders can sell their bonds back to the company at CNY 100.20 per bond from July 29 to August 4, 2025. The current market price of the bonds is above the put-back price, so exercising the option may result in losses.