Great Wall Motors intends to use up to 43.5 billion yuan of its own funds to purchase low to medium risk financial products.

date
28/03/2026
Great Wall Motors announced that the board of directors convened on March 27, 2026 to review and approve the "Proposal on the Company's Purchase of Financial Products", agreeing that the company and its subsidiaries can use their own idle funds not exceeding 43.5 billion RMB during the authorized period to purchase structured deposits, financial products, and fund products of medium to low risk issued by banks, securities firms, and fund management companies. The authorization period is from March 27, 2026 to the date of the annual performance board meeting in 2026. This matter does not require approval from the shareholders' meeting. The company stated that this is aimed at improving the efficiency of fund utilization, increasing returns on idle funds, and will not affect the normal operation of the main business.