Great Wall Motor convertible bonds trigger put option

Great Wall Motor Company Limited's convertible bonds have triggered a put option after the company's A-share stock price closed below 70% of the conversion price for 30 consecutive trading days.

Bondholders can exercise the put option from July 29 to August 4, 2025, selling bonds back at 100.20 yuan per bond including interest. The company warned that current market prices exceed the put back price, meaning investors may face losses if they exercise the option.