Great Wall Motor sees minimal convertible bond conversions, option exercises

Great Wall Motor Company Limited announced that from October 1 to October 31, 2025, RMB2,000 of its "GWMT Convertible Bonds" were converted into 51 shares. Since the conversion period began on December 17, 2021, a total of RMB4,944,000 in convertible bonds have been converted into 129,652 shares, representing 0.0014% of the total shares issued before the conversion. As of October 31, 2025, RMB3,495,055,000 of convertible bonds remain unconverted, accounting for 99.8587% of the total issuance.

In October 2025, under the 2023 stock option incentive plan, a total of 31 stock options were exercised by two individuals. The exercise price for these options was RMB26.47 per share. These exercised shares represent a mere 0.0002% of the total exercisable options for the first vesting period.

The company received RMB834.07 from the exercise of these options, which will be used to supplement working capital. Following these changes, Great Wall Motor's total share capital increased by 51 shares, from 8,557,871,961 shares to 8,557,872,012 shares.