Great Wall Motor boosts wealth management investment quota to optimize capital
Great Wall Motor Company Limited has adjusted its authorized quota for purchasing wealth management products. The company's board of directors, at its Eighth Board of Directors’ Forty-Second Meeting on September 24, 2025, approved an increase in the investment limit from 300 bn yuan to 390 bn yuan. This expanded quota applies to the aggregate transaction amount at any given time within the authorization period, including reinvested proceeds from these investments, and allows for rolling use of funds. The decision aims to enhance capital utilization and increase returns on the company's idle funds.
The investments will primarily target low-to-medium risk structured deposits, wealth management, and fund products offered by banks, securities companies, and fund management companies. The authorization period for these investments extends from the board approval date of September 24, 2025, until the date of the 2025 annual performance board meeting. The company emphasizes that these investments are designed to be highly secure while maintaining liquidity.
Great Wall Motor has outlined risk control measures, including diligent pre-investment research by the financial department, ongoing monitoring, and the establishment of internal controls. Independent non-executive directors and the audit committee will oversee capital utilization, ensuring compliance with relevant regulations and timely information disclosure. The company asserts that these investments will not disrupt daily operations or core business activities, while contributing to improved efficiency in the use of idle capital.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
News Alerts
Get instant email alerts when Great Wall Motor Company publishes news
Free account required • Unsubscribe anytime