Great Wall Motor Company Limited (GWMOTOR) has called an H-Shareholders’ Class Meeting for 3:00 p.m. on 26 June 2026 at the HAVAL R&D Center in Baoding, Hebei. The session will convene immediately after the 2026 Annual General Meeting to consider five key resolutions.
The headline proposal authorises the Board to repurchase up to 10% of the company’s issued H shares (listed in Hong Kong) and 10% of its issued A shares (listed in Shanghai) during the “Relevant Period” — defined as the earlier of the next AGM, 12 months from approval, or any earlier revocation by shareholders. The mandate empowers directors to determine timing, volume and pricing, process foreign-exchange and regulatory filings, cancel repurchased shares, reduce registered capital and amend the Articles of Association accordingly.
Conditionality for the buyback includes parallel approval at the AGM and the A-Shareholders’ Class Meeting, clearance from all competent PRC regulators, and satisfaction of creditor-notification requirements under Article 22 of the Articles of Association.
Beyond the repurchase mandate, shareholders will vote on: 1. The 2026 Restricted Share Incentive Scheme (draft and summary disclosed 4 June 2026). 2. Appraisal Management Measures governing the scheme. 3. A blanket authorisation for the Board or its delegates to execute all matters linked to the 2026 plan. 4. Repurchase and cancellation of shares issued under the 2023 Employee Stock Ownership Plan (ESOP) and formal termination of that ESOP.
Eligibility to attend and vote is limited to H shareholders on the register at 4:30 p.m. on 22 June 2026. The register will be closed from 23 June to 26 June 2026 inclusive. Proxy forms and supporting documents must reach Computershare Hong Kong Investor Services no later than 24 hours before the meeting.
The Board is chaired by Wei Jian Jun. As of the notice date, the Board comprises three executive directors, one employee director, one non-executive director and three independent non-executive directors.
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