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Great Wall Motor Boosts 2026 Cap Under Lease Contract with Chair

MT Newswires Live12-29 21:01

Great Wall Motor (HKG:2333, SHA:601633) increased the 2026 annual cap under a lease agreement with Chairman Wei Jian Jun to 1.19 billion yuan, according to a same-day Hong Kong bourse filing.

The existing annual cap for the year 2026 is 82.5 million yuan.

Under the contract, the auto company can lease plants, land, equipment, and dormitories, among other things, from Wei.

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