GREAT WALL MOTOR COMPANY LIMITED* 2333 2021 A 2021 A 2021 2021 2021 7 22 2 3 4 2266 H A H 2021 6 24 H H 183 17M H 24 H * 2021 6 24 .............................................................. 1 ........................................................ 6 1. ...................................................... 6 2. 2021 A ........................ 7 3. 2021 A .......................... 43 4. 2021 ............. 78 5. 2021 .............. 78 6. 2021 .................. 78 7. .............................................. 84 8. ................................. 84 9. ................................... 85 10. ............................................ 85 11. ................................................. 86 12. ................................................. 86 ................................................. 87 ...................................................... 89 –i– 2021 ......... I-1 2021 ........... II-1 2021 III-1 2021 .. IV-1 ............................................. V-1 ................................................. VI-1 – ii – A 1.00 601633 A A A A 2021 2021 A H H A –1– 2021 7 22 2 2021 2021 H 1.00 2333 H H –2– H H 2021 2021 A 2021 6 18 –3– A 571 A H A H –4– –5– GREAT WALL MOTOR COMPANY LIMITED* 2333 2266 2021 A 2021 A 2021 2021 1. 2021 7 22 2 3 4 2266 H A * –6– 2. 2021 A 2021 5 25 2021 A 1 2 3 –7– 1 2 3 A H –8– 1. 12 12 –9– 12 5% 2. 586 5% – 10 – A H 12 12 3. A H 10 A H 5 1. A 2. 4,318.40 919,916.0569 0.469% 3,454.70 80% 919,916.0569 0.376% 863.70 – 11 – 20% 919,916.0569 0.094% * 20.00 0.463% 0.002% * 20.00 0.463% 0.002% * 20.00 0.463% 0.002% * 8.00 0.185% 0.001% * 25.00 0.579% 0.003% * 12 45.00 1.042% 0.005% * 17.80 0.412% 0.002% * 10.40 0.241% 0.001% *# 12 12.00 0.278% 0.001% # 18.00 0.417% 0.002% 3,258.50 75.456% 0.354% 576 863.70 20.000% 0.094% 586 4,318.40 100.000% 0.469% – 12 – * 12 12 # 1% A H 10% 5% 2020 2020 2,998.586 2021 A – 13 – 1. 48 2. A H A H 60 60 60 30 60 30 10 – 14 – 2 60 6 6 3. 12 24 36 12 24 – 15 – 4. 12 40% 24 24 30% 36 36 30% 48 12 50% 24 24 50% 36 – 16 – 5. 25% 6 6 1. 16.78 16.78 A – 17 – 2. 1 50% 16.78 20 50% 16.55 3. 1 50% 20 60 120 50% 2021 5 25 A 35.30 2021 5 25 H 20.65 4. 581,024,280 – 18 – 1. 36 12 12 12 – 19 – 2. 36 12 12 12 – 20 – 1 1 2 2021-2023 (P) (X) 55% 45% (P) ∑ × 2021 149 2021 68 2022 190 2022 82 – 21 – 2023 280 2023 115 55% 45% (P) ∑ × 2022 190 2022 82 2023 280 2023 115 (P) P ≥ 100% X=100% 85%≤P<100% X=(P-85%)/15%×20%+80% P<85% X=0 – 22 – A B C D E (N) A B C D E 100% 100% 80% 0% (N) = × (X)× (N) 3. – 23 – 1. Q=Q0× 1+n Q0 n Q Q=Q0×P1×(1+n)÷ P1+P2×n – 24 – Q0 P1 P2 n Q Q=Q0×n Q0 n 1 n Q 2. P=P0÷(1+n) P0 n P P=P0× P1+P2×n ÷[P1×(1+n)] P0 P1 P2 n P – 25 – P=P0÷n P0 n P P=P0-V P0 V P P 1 3. 11 22 – 26 – 1. 2. 11 22 = 2021 7 2021 5 25 63,981.04 – 27 – 3,454.70 63,981.04 2021 2024 2021 2022 2023 2024 3,454.70 63,981.04 24,259.48 26,658.77 10,396.92 2,665.88 3. 1. 2021 2021 – 28 – 2 6 A H 10 A H 5 – 29 – A H A H 2/3 5% A H A H A H A H 60 2. A H – 30 – A H 60 60 3 A H 12 12 – 31 – 3. 4. 1. 2. 1) 2) 3. – 32 – 4. 5. 1. 2. 3. 4. 5. 3 1. – 33 – 2. – 34 – A H 1. – 35 – 36 2. – 36 – A. B. A. B. A. B. C. D. – 37 – 3. 60 1. – 38 – 2. Q=Q0× 1+n Q0 n Q Q=Q0×P1×(1+n)÷ P1+P2×n Q0 P1 P2 n Q Q=Q0×n Q0 n 1 n Q – 39 – 3. P=P0÷(1+n) P0 n P P=P0× P1+P2×n ÷[P1×(1+n)] P0 P1 P2 n P P=P0÷n P0 n 1 n P P=P0-V P0 V P P 1 – 40 – 4. 5. 2021 2020 4 15 2020 2020 H 2020 A 2020 2020 2020 4 27 2020 2021 1 28 – 41 – 2020 2021 5 25 4.2 2020 2021 5 25 H A 55.60% 62.854% 99% 1991 2003 2006 – 42 – 2006 12 2000 1999 2001 12 2007 2014 10 2019 5 2019 5 2021 3. 2021 A 2021 5 25 2021 A – 43 – 1 2 3 1 – 44 – 2 3 1. 2. A H 3. 4. – 45 – 1. 12 12 12 – 46 – 5% 2. 8,784 5% A H 12 12 3. A H 10 – 47 – A H 5 1. A 2. 39,710.10 919,916.0569 4.317% 31,768.10 80% 919,916.0569 3.453% 7,942.00 20% 919,916.0569 0.863% * 10.00 0.025% 0.001% * 10.70 0.027% 0.001% * 6.20 0.016% 0.001% 31,741.20 79.932% 3.450% 8,781 7,942.00 20.000% 0.863% 8,784 39,710.10 100.000% 4.317% – 48 – * 12 # 1% A H 10% 5% A 30% A 1. 48 2. A H A H 60 60 – 49 – 60 30 60 30 10 2 60 6 6 3. 12 24 36 12 24 – 50 – 4. A H 12 60 30 60 30 10 2 5. 12 36 – 51 – 12 1/3 24 24 1/3 36 36 1/3 48 12 1/2 24 24 1/2 36 – 52 – 6. 25% 6 6 1. 33.56 33.56 1 2. 1 33.56 20 33.10 – 53 – 3. 1) 1 2) 20 60 120 1. 36 – 54 – 12 12 12 2. 36 – 55 – 12 12 12 1 2 2021-2023 (P) (X) 55% 45% (P) ∑ × – 56 – 2021 149 2021 68 2022 190 2022 82 2023 280 2023 115 55% 45% (P) ∑ × 2022 190 2022 82 2023 280 2023 115 – 57 – (X) P ≥ 100% X=100% (P) 85%≤P 100% X=(P-85%)/15%×20%+80% P 85% X=0 A B C D E (N) A B C D E 100% 100% 80% 0% = × (X)× (N) 3. – 58 – 1. Q=Q0×(1+n) – 59 – Q0 n Q Q=Q0×P1×(1+n)÷(P1+P2×n) Q0 P1 P2 n Q Q=Q0×n Q0 n 1 n Q 2. P=P0÷(1+n) P0 n P – 60 – P=P0×(P1+P2×n)÷[P1×(1+n)] P0 P1 P2 n P P=P0÷n P0 n P P=P0-V P0 V P P 1 3. 17 – 61 – 11 22 1. Black-Scholes 2. 2021 7 Black-Scholes 2021 5 25 31,768.10 31,768.10 204,475.44 10,589.37 5.36 56,709.43 10,589.37 6.39 67,674.76 10,589.37 7.56 80,091.25 – 62 – a) 35.3 2021 5 25 b) 33.56 c) 1.5 2.5 3.5 d) 25.87% 24.38% 25.10% 1 2 3 wind e) 2.35% 2.62% 2.74% 1 2 3 f) 1.49% 12 3. 31,768.10 204,475.44 2021 -2024 2021 2022 2023 2024 31,768.10 204,475.44 68,392.27 84,163.39 40,795.99 11,123.78 Black-Scholes – 63 – 4. 1. 2021 2021 2 6 – 64 – A H 10 A H 5 A H A H 2/3 5% A H A H A H A H 60 – 65 – 2. A H 2021 2021 A H 60 60 3 – 66 – A H 12 12 3. 4. – 67 – 1 2 5. 3 – 68 – 1. 2. – 69 – A H 2021 1. – 70 – 36 – 71 – 2. A. B. A. B. A. B. – 72 – 3 A. B. 3. 60 – 73 – 2021 H A 2021 A – 74 – (1) A 17 A A 12 12 A A A A (i) A 1,450,000 A 0.016% A (ii) A 3,452,977 A 0.038% A A – 75 – (2) A 17 14A.92(3)(a) 17.03(9) (1) (i) (ii) 19A.39C 17.03(9) 1 (i) (ii) 17.03(9) (1) (i) A (ii) A (iii) A H H (iv) 17 (v) – 76 – 17.03(13) 17.03(13) 17.03(13) 2005 9 5 17.03(13) (I) 17.03(13) (II) (III) 17.03(13) (i) A (ii) 48 (iii) H – 77 – H (iv) A 1,512,043 A 0.016% A 4. 2021 2021 5. 2021 2021 6. 2021 2021 2021 – 78 – 2021 2021 2021 2021 2021 2021 2021 2021 – 79 – 2021 – 80 – 2021 2021 2021 2021 2021 2021 – 81 – 2021 2021 2021 – 82 – 2021 2021 2021 2021 2021 2021 – 83 – 2021 2021 7. (www.hkexnews.hk) (www.sse.com.cn) (www.gwm.com.cn) 2020 6 19 (www.hkexnews.hk) (www. sse.com.cn) (www.gwm.com.cn) 8. 2021 7 22 2 3 4 2266 H A H 2021 6 24 2021 2021 A – 84 – H H 2021 6 24 2021 6 24 H H 9. 2021 7 13 2021 7 22 H H 2021 7 12 H H H H H H H 183 17 1712-1716 2020 7 12 10. 13.39 13.39(5) – 85 – H H H H H H 24 H 183 17M 11. 12. 2021 6 24 – 86 – GREAT WALL MOTOR COMPANY LIMITED* 2333 2021 6 24 2021 A 12 12 A 2021 A A 12 12 A A A A * – 87 – 2021 A A 12 12 A 2021 A A 12 12 A 2021 6 24 – 88 – 88 173 12 1209 2021 A A 2021 6 24 2021 5 25 (i)2021 A (ii)2021 A – 89 – 43,184,000 9,199,160,569 0.469% 34,547,000 80% 8,637,000 20% 34,547,000 (i) 1,782,000 (ii) 32,765,000 577 397,101,000 9,199,160,569 4.317% 317,681,000 80% 79,420,000 20% A (i) (ii) (iii) – 90 – (i) A 2019 10 9 2020 2 28 (ii) A 2020 11 27 (iii) A 2021 2 26 13.84 13.80 – 91 – 1. – 92 – 2020 4 15 2020 H A 2020 6 4 49,303,500 281 281 47 87,065,300 1,651 2021 5 13 149 1,149,150 149 106 497 15,721,000 (i) (ii) 2020 2020 400,000 400,000 700,000 600,000 – 93 – 2020 2020 12 150,000 12 1991 2003 2006 2006 – 94 – 12 2000 1999 2001 12 2007 2014 10 2019 5 2019 5 2021 4 26 2021 5 25 (i) (ii) (iii) – 95 – 2. 2. 2021 A 1,782,000 % 200,000 0.002 200,000 0.002 200,000 0.002 80,000 0.001 250,000 0.003 100,000 450,000 0.005 178,000 0.002 107,000 104,000 0.001 62,000 120,000 0.001 1,782,000 0.019 269,000 2020 2020 – 96 – 2021 4 26 2021 5 25 A 14 14 (i) 1 A A (ii) 20 60 A 120 A – 97 – 2021 4 26 50% 12 0.007% 0.034% (SH600521) 24 36 2021 4 27 50% 12 0.01% 0.03% (SH601609) 24 36 2021 4 27 50% 12 0.02% (SH603267) 24 36 2021 4 27 50% 12 0.004% (SH603707) 24 36 (i) 1 A A (ii) 20 60 A 120 A 2021 4 27 50% 12 0.02% (SH603728) 24 36 2021 4 28 12 0.02% (SH603587) 24 – 98 – 36 2021 4 28 50% 12 0.07% 0.19% (SH603676) 24 2021 4 28 50% 12 0.05% (SH605183) 24 36 2021 4 29 50% 12 0.03% 0.07% (SH600718) 24 36 2021 4 29 50% 12 0.0018% 0.0021% (SH603195) 24 36 (i) 1 A A (ii) 20 60 A 120 A 2021 4 30 50% 12 0.003% 0.021% (SH603799) 24 36 2021 5 11 50% 12 0.09% 0.52% (SH605277) 24 – 99 – 2021 5 14 50% 12 0.01% 0.06% (SH601500) 24 36 2021 5 19 50% 12 (SH603456) 24 36 A 20.70 48.31% http://www.cninfo.com.cn/ A 0.0018% 0.52% 0.001% 0.005% A A 16.78 16.78 2021 A (i) 1 50% 16.78 (ii) 20 50% 16.55 (i) (ii) (a)A 1 50% (b)A 20 60 120 50% A A 50% (i) 1 A (ii) 20 60 120 A – 100 – 48 12 24 36 12 24 (i) A 12 (ii) 1 2 2 3 A 12 2021 A – 101 – A A A (i) (ii) 3. 1,782,000 0.019% – 102 – (i) (ii) 2021 6 24 6 25 – 103 – 2021 2021 – I-1 – 2021 – I-2 – 2021 2021 A 4,318.40 A 919,916.0569 0.469% 3,454.70 80% 919,916.0569 0.367% 863.70 20% 919,916.0569 0.094% 10% 1% – I-3 – 2021 16.78 48 586 5% A H A H 12 12 36 40% 30% 30% 12 50% – I-4 – 2021 36 12 12 12 – I-5 – 2021 A H A H 60 60 60 A H 12 – I-6 – 2021 .............................................................. I-2 .......................................................... I-3 ...................................................... I-8 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . I-10 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . I-11 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . I-12 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . I-14 . . . . . . . . . . . . . I-16 . . . . . . . . . . . . . . . . . . . . . . . . . . . . I-19 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . I-20 . . . . . . . . . . . . . . . . . . . . . . . . . . I-26 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . I-29 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . I-31 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . I-36 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . I-38 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . I-41 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . I-44 – I-7 – 2021 2021 – I-8 – 2021 1 2 – I-9 – 2021 1 2 3 1 2 3 – I-10 – 2021 A H – I-11 – 2021 1. 12 2. 12 3. 12 4. 5. 6. 5% – I-12 – 2021 586 5% A H 12 12 A H 10 A H 5 – I-13 – 2021 A 4,318.40 919,916.0569 0.469% 3,454.70 80% 919,916.0569 0.376% 863.70 20% 919,916.0569 0.094% * 20.00 0.463% 0.002% * 20.00 0.463% 0.002% * 20.00 0.463% 0.002% * 8.00 0.185% 0.001% * 25.00 0.579% 0.003% * 12 45.00 1.042% 0.005% * 17.80 0.412% 0.002% * 10.40 0.241% 0.001% – I-14 – 2021 *# 12 12.00 0.278% 0.001% # 18.00 0.417% 0.002% 3,258.50 75.456% 0.354% 576 863.70 20.000% 0.094% 586 4,318.40 100.000% 0.469% 1 1% A H 10% 2 5% – I-15 – 2021 48 A H A H 60 60 60 30 60 30 10 2 – I-16 – 2021 60 6 6 12 24 36 12 24 12 40% 24 24 30% 36 36 30% 48 – I-17 – 2021 12 50% 24 24 50% 36 1 25% 2 6 6 3 – I-18 – 2021 16.78 16.78 A 1) 1 50% 16.78 2) 20 50% 16.55 1) 1 50% 2) 20 60 120 50% – I-19 – 2021 1) 36 2) 12 12 12 – I-20 – 2021 1) 36 2) 12 12 12 – I-21 – 2021 1 1 2 3) 2021-2023 (P) (X) 55% 45% (P) ∑ × 2021 2021 149 68 2022 2022 190 82 2023 2023 280 115 – I-22 – 2021 55% 45% (P) ∑ × 2022 2022 82 190 2023 2023 115 280 (P) P ≥ 100% X=100% 85%≤P 100% X=(P-85%)/15%*20%+80% P 85% X=0 – I-23 – 2021 4) A B C D E (N) A B C D E (N) 100% 100% 80% 0% × (X)× (N) – I-24 – 2021 – I-25 – 2021 1) Q Q0× 1 n Q0 n Q 2) Q Q0×P1×(1+n)÷ P1+P2×n Q0 P1 P2 n Q 3) Q=Q0×n Q0 n 1 n Q 4) – I-26 – 2021 1) P=P0÷(1+n) P0 n P 2) P=P0× P1+P2×n ÷[P1×(1+n)] P0 P1 P2 n P 3) P=P0÷n P0 n P 4) P=P0-V P0 V P P 1 5) – I-27 – 2021 – I-28 – 2021 11 22 1) 2) 3) – I-29 – 2021 11 22 = 2021 7 2021 5 25 63,981.04 3,454.70 63,981.04 2021 2024 2021 2022 2023 2024 3,454.70 63,981.04 24,259.48 26,658.77 10,396.92 2,665.88 (1) (2) (3) – I-30 – 2021 2021 2021 2 6 A H 10 – I-31 – 2021 A H 5 A H A H 2/3 5% A H A H A H A H 60 – I-32 – 2021 A H A H 60 60 3 – I-33 – 2021 ( ) A H 12 12 1. 2. 1) – I-34 – 2021 2) 3. 4. 1. 2. 3. 4. 5. 3 – I-35 – 2021 – I-36 – 2021 A H – I-37 – 2021 1. 2. 1. 2. 3. 36 4. 5. – I-38 – 2021 A. B. 1 2 A. B. – I-39 – 2021 C. D. 60 – I-40 – 2021 1. 2. 1) Q Q0× 1 n Q0 n Q 2) Q Q0×P1×(1+n)÷ P1+P2×n Q0 P1 P2 n Q – I-41 – 2021 3) Q=Q0×n Q0 n 1 n Q 4) 3. 1) P=P0÷(1+n) P0 n P 2) P=P0× P1+P2×n ÷[P1×(1+n)] P1 P2 n – I-42 – 2021 3) P=P0÷n P0 n 1 n P 4) P=P0-V P0 V P P 1 5) 4. 1) 2) 5. 1) 2) 3) – I-43 – 2021 A H 2021 5 25 – I-44 – 2021 2021 – II-1 – 2021 – II-2 – 2021 2021 A 39,710.10 A 919,916.0569 4.317% 31,768.10 80% 919,916.0569 3.453% 7,942.00 20% 919,916.0569 0.863% 10% 1% 33.56 – II-3 – 2021 48 8,784 5% A H A H 12 12 1/3 1/3 1/3 12 50% – II-4 – 2021 36 12 12 12 – II-5 – 2021 A H A H 60 60 60 A H 12 – II-6 – 2021 .............................................................. II-2 .......................................................... II-3 ...................................................... II-8 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . II-10 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . II-11 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . II-12 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . II-14 . . . . . . . . . . . . . . . . . II-16 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . II-20 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . II-21 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . II-27 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . II-30 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . II-32 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . II-37 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . II-39 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . II-42 – II-7 – 2021 2021 – II-8 – 2021 1 2 – II-9 – 2021 1 2 3 1 2 3 – II-10 – 2021 A H – II-11 – 2021 1. 12 2. 12 3. 12 4. 5. 6. 5% – II-12 – 2021 8,784 5% A H 12 12 A H 10 A H 5 – II-13 – 2021 A 39,710.10 919,916.0569 4.317% 31,768.10 80% 919,916.0569 3.453% 7,942.00 20% 919,916.0569 0.863% * 10.00 0.025% 0.001% * 10.70 0.027% 0.001% * 6.20 0.016% 0.001% 31,741.20 79.932% 3.450% 8,781 7,942.00 20.000% 0.863% 8,784 39,710.10 100.000% 4.317% – II-14 – 2021 1 1% A H 10% 2 5% – II-15 – 2021 48 A H A H 60 60 60 30 60 30 10 2 – II-16 – 2021 60 6 6 12 24 36 12 24 A H 12 60 30 60 30 10 2 – II-17 – 2021 12 36 12 1/3 24 24 1/3 36 36 1/3 48 12 1/2 24 24 1/2 36 – II-18 – 2021 1 25% 2 6 6 3 – II-19 – 2021 33.56 33.56 1 1) 1 33.56 2) 20 33.10 1) 1 2) 20 60 120 – II-20 – 2021 1) 36 2) 12 12 12 – II-21 – 2021 1) 36 2) 12 12 12 – II-22 – 2021 1 2 3) 2021-2023 (P) (X) 55% 45% (P) ∑ × 2021 2021 149 68 2022 2022 190 82 2023 2023 280 115 – II-23 – 2021 55% 45% (P) ∑ × 2022 2022 190 82 2023 2023 280 115 (X) P ≥ 100% X=100% (P) 85%≤P 100% X=(P-85%)/15%*20%+80% P 85% X=0 – II-24 – 2021 4) A B C D E (N) A B C D E (N) 100% 100% 80% 0% × (X) × (N) – II-25 – 2021 – II-26 – 2021 1) Q Q0× 1 n Q0 n Q 2) Q Q0×P1×(1+n)÷ P1+P2×n Q0 P1 P2 n Q 3) Q=Q0×n Q0 n 1 n Q 4) – II-27 – 2021 1) P=P0÷(1+n) P0 n P 2) P=P0× P1+P2×n ÷[P1×(1+n)] P0 P1 P2 n P 3) P=P0÷n P0 n P 4) P=P0-V P0 V P P 1 – II-28 – 2021 5) – II-29 – 2021 11 22 1) Black-Scholes 2) 3) 4) 2021 7 Black-Scholes 2021 5 25 31,768.10 31,768.10 204,475.44 10,589.37 5.36 56,709.43 10,589.37 6.39 67,674.76 10,589.37 7.56 80,091.25 – II-30 – 2021 a) 35.3 2021 5 25 b) 33.56 c) 1.5 2.5 3.5 d) 25.87% 24.38% 25.10% 1 2 3 wind e) 2.35% 2.62% 2.74% 1 2 3 f) 1.49% 12 31,768.10 204,475.44 2021 2024 2021 2022 2023 2024 31,768.10 204,475.44 68,392.27 84,163.39 40,795.99 11,123.78 Black-Scholes – II-31 – 2021 2021 2021 2 6 A H 10 – II-32 – 2021 A H 5 A H A H 2/3 5% A H A H A H A H 60 – II-33 – 2021 A H 2021 2021 A H 60 60 3 – II-34 – 2021 A H 12 12 – II-35 – 2021 1 2 1. 2. 3 3. 4. – II-36 – 2021 – II-37 – 2021 A H 2021 – II-38 – 2021 1. 2. 1. 2. 3. 36 4. 5. – II-39 – 2021 A. B. A. B. – II-40 – 2021 A. B. 3 A. B. – II-41 – 2021 60 A H 2021 5 25 – II-42 – 2021 2021 2021 – III-1 – 2021 5% 2021-2023 (P) (X) 55% 45% ∑ × (P) – III-2 – 2021 2021 2021 68 149 2022 2022 82 190 2023 2023 115 280 55% 45% ∑ × (P) 2022 2022 82 190 2023 2023 115 280 (X) P≥100% X=100% (P) 85%≤P 100% X=(P-85%)/15%*20%+80% P 85% X=0 – III-3 – 2021 A B C D E (N) A B C D E (N) 100% 100% 80% 0% × (X)× (N) 2021-2023 – III-4 – 2021 1. 5 2. 10 2 3. 1. 2. 3. 5 A H 2021 5 25 – III-5 – 2021 2021 2021 – IV-1 – 2021 5% 2021-2023 (P) (X) 55% 45% ∑ × (P) 2021 2021 68 149 2022 2022 82 190 2023 2023 115 280 – IV-2 – 2021 55% 45% ∑ × (P) 2022 2022 82 190 2023 2023 115 280 (X) P≥100% X=100% (P) 85%≤P 100% X=(P-85%)/15%*20%+80% P 85% X=0 A B C D E (N) A B C D E (N) 100% 100% 80% 0% – IV-3 – 2021 × (X) × (N) 2021-2023 1. 5 2. 10 2 3. – IV-4 – 2021 1. 2. 3. 5 A H 2021 5 25 – IV-5 – 12 12 – V-1 – – V-2 – 1. XV XV 7 8 352 A H (%) (%) (%) 5,115,000,000 83.86 – 55.60 (L) A 37,998,500 – 1.23 0.41 (L) H 5,152,998,500 – – 56.02 (L) A H (L) – VI-1 – 5,115,000,000 A XV XV 7 8 352 2. 336 A H (%) (%) (%) 5,115,000,000 83.86 – 55.60 1 (L) A 5,152,998,500 – – 56.02 2 (L) A H Schroders Plc 302,095,000(L) – 9.75(L) 3.28(L) H – VI-2 – A H (%) (%) (%) BlackRock, Inc. 169,326,259(L) – 5.46(L) 1.84(L) H 17,755,500(S) – 0.57(S) 0.19(S) H Citigroup Inc. 165,229,478(L) – 5.33(L) 1.80(L) H 25,096,631(S) – 0.80(S) 0.81(S) H 137,300,019(P) – 4.42(P) 2.25(P) H 3 5,115,000,000 83.86 – 55.60 (L) A 5,115,000,000 83.86 – 55.60 (L) A 4 (L) (S) (P) (1) 2005 12 1 2066 62.854% 0.125% 0.001% 37.02% 99% 1% (2) 62.854% 37,998,500 H – VI-3 – (3) 0.001% 1% (4) 37.02% 336 3. 2020 12 31 4. 13.68 5. (a) (b) (c) 2020 12 31 – VI-4 – 6. 6 (i) (ii) (iii) 2020 12 31 7. (a) 2266 (b) 183 17 1712-1716 (c) (d) – VI-5 – (e) 8. 14 8 26 (a) (b) (c) (d) (e) (f) 2020 2019 2018 (g) (h) – VI-6 – GREAT WALL MOTOR COMPANY LIMITED* 2333 2021 7 22 2 2266 1. 2021 6 24 (www.hkexnews.hk) (www.gwm.com.cn) 2021 2. 2021 6 24 (www.hkexnews.hk) (www.gwm.com.cn) 2021 3. 2021 6 24 (www.hkexnews.hk) (www.gwm.com.cn) 2021 * – EGM-1 – 4. 2021 6 24 (www.hkexnews.hk) (www.gwm.com.cn) 2021 5. 2021 6 24 (www.hkexnews.hk) (www.gwm.com.cn) 2021 6. 2021 6 24 (www. hkexnews.hk) (www.gwm.com.cn) 2021 7. 2021 6 24 (www.hkexnews.hk) (www.gwm.com.cn) 8. 2021 2021 2021 6 24 – EGM-2 – (A) 2021 7 13 2021 7 22 2021 7 12 H 2021 7 12 H H 183 17 1712-1716 (B) H 2021 7 15 2266 (86-312)2197813 (86-312)2197812 (C) H (D) (E) 24 H 183 17M (F) – EGM-3 – (G) 2021 7 22 2266 (H) (I) A 2021 6 24 www.sse.com.cn www.gwm.com.cn 2021 2021 H 2021 A – EGM-4 – H GREAT WALL MOTOR COMPANY LIMITED* 2333 H 2021 7 22 3 2266 H H 1. 2021 6 24 (www.hkexnews.hk) (www.gwm.com.cn) 2021 2. 2021 6 24 (www.hkexnews.hk) (www.gwm.com.cn) 2021 3. 2021 6 24 (www.hkexnews.hk) (www.gwm.com.cn) 2021 * – HSCM-1 – H 4. 2021 6 24 (www.hkexnews.hk) (www.gwm.com.cn) 2021 5. 2021 6 24 (www.hkexnews.hk) (www.gwm.com.cn) 2021 6. 2021 6 24 (www. hkexnews.hk) (www.gwm.com.cn) 2021 2021 6 24 1. H 2021 7 12 H H H 2021 7 22 H H 2021 7 12 183 17 1712 1716 2. (1) H (2) (3) H 24 183 17M – HSCM-2 – H 3. H (1) H H (2) H H H 2021 7 15 (3) 4. 2021 7 13 2021 7 22 5. (1) H 2021 7 22 2266 (2) H (3) H 183 17 1712-1716 (4) 2266 (86-312)2197813 (86-312)2197812 (5) – HSCM-3 – GREAT WALL MOTOR COMPANY LIMITED* 2333 1 2 H 3 4 2021 7 22 2 2266 5 5 5 1. 2021 6 24 (www.hkexnews.hk) (www.gwm.com.cn) 2021 2. 2021 6 24 (www.hkexnews.hk) (www.gwm.com.cn) 2021 3. 2021 6 24 (www.hkexnews.hk) (www.gwm.com.cn) 2021 4. 2021 6 24 (www.hkexnews.hk) (www.gwm.com.cn) 2021 5. 2021 6 24 (www.hkexnews.hk) (www.gwm.com.cn) 2021 6. 2021 6 24 (www.hkexnews.hk) (www.gwm.com.cn) 2021 7. 2021 6 24 (www.hkexnews.hk) (www.gwm.com.cn) 5 5 5 8. 2021 2021 6 (1) (2) (3) (4) (5) (6) (7) (8) 24 H H 183 17M (9) * GREAT WALL MOTOR COMPANY LIMITED* 2333 H 1 2 H 3 4 2021 7 22 3 2266 H H 5 5 5 1. 2021 6 24 (www.hkexnews.hk) (www.gwm.com.cn) 2021 2. 2021 6 24 (www.hkexnews.hk) (www.gwm.com.cn) 2021 3. 2021 6 24 (www.hkexnews.hk) (www.gwm.com.cn) 2021 4. 2021 6 24 (www.hkexnews.hk) (www.gwm.com.cn) 2021 5. 2021 6 24 (www.hkexnews.hk) (www.gwm.com.cn) 2021 6. 2021 6 24 (www.hkexnews.hk) (www.gwm.com.cn) 2021 6 (1) (2) (3) (4) (5) (6) (7) (8) 24 H H 183 17M (9) * GREAT WALL MOTOR COMPANY LIMITED* 2333 1 2 H 3 2021 6 24 2021 7 22 2266 2021 5 25 A A 2021 7 22 2 2266 4 4 4 1. 2021 6 24 (www.hkexnews.hk) (www.gwm.com.cn) 2021 2. 2021 6 24 (www.hkexnews.hk) (www.gwm.com.cn) 2021 3. 2021 6 24 (www.hkexnews.hk) (www.gwm.com.cn) 2021 4. 2021 6 24 (www.hkexnews.hk) (www.gwm.com.cn) 2021 5. 2021 6 24 (www.hkexnews.hk) (www.gwm.com.cn) 2021 6. 2021 6 24 (www.hkexnews.hk) (www.gwm.com.cn) 2021 4 4 4 8. 2021 6 24 (www.hkexnews.hk) (www.gwm.com.cn) 2021 2021 2021 5 (1) (2) (3) (4) (5) (6) (7) 24 H H 183 17M (8) * GREAT WALL MOTOR COMPANY LIMITED* 2333 H 1 2 H 3 2021 6 24 2021 7 22 2266 H H H 2021 5 25 A A 2021 7 22 3 2266 H H 4 4 4 1. 2021 6 24 (www.hkexnews.hk) (www.gwm.com.cn) 2021 2. 2021 6 24 (www.hkexnews.hk) (www.gwm.com.cn) 2021 3. 2021 6 24 (www.hkexnews.hk) (www.gwm.com.cn) 2021 4. 2021 6 24 (www.hkexnews.hk) (www.gwm.com.cn) 2021 5. 2021 6 24 (www.hkexnews.hk) (www.gwm.com.cn) 2021 6. 2021 6 24 (www.hkexnews.hk) (www.gwm.com.cn) 2021 2021 5 (1) (2) (3) (4) (5) (6) (7) H 24 H 183 17M (8) H * GREAT WALL MOTOR COMPANY LIMITED* 2333 1 2 H 2021 7 22 2 2266 1. 2. H 3. 2021 7 15 2266 (86-312) 2197813 (86-312) 2197812 * GREAT WALL MOTOR COMPANY LIMITED* 2333 H 1 2 H 2021 7 22 3 2266 H 1. 2. H 3. 2021 7 15 2266 (86-312) 2197813 (86-312) 2197812 *