香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責 ，對其準確性或完整性亦不發表任何聲明 ， 並明確表示 ，概不對因本公告全部或任何部份內容而產生或因倚賴該等內容而引致的任何損失承擔 任何責任。 長 城 汽 車 股 份 有 限 公 司 GREAT WALL MOTOR COMPANY LIMITED* （於中華人民共和國註冊成立的股份有限公司） 股份代號 ：02333（港幣櫃台）及82333（人民幣櫃台） 海 外 監 管 公 告 此海外監管公告是根據香港聯合交易所有限公司證券上市規則第1 3 . 1 0 B 條發出。以下為長 城汽車股份有限公司於上海證券交易所網站（www . sse . com .cn） 所刊發之「長城汽車股份 有限公司關於召開2 0 2 5年半年度業績說明會的公告」。 承董事會命 長城汽車股份有限公司 聯席公司秘書 李紅栓 中國河北省保定市 ，2025 年8月26日 於本公告日期 ，董事會成員如下： 執行董事： 魏建軍先生 、趙國慶先生及李紅栓女士。 職工董事：盧彩娟女士。 非執行董事：何平先生。 獨立非執行董事： 樂英女士、范輝先生及鄒兆麟先生。 * 僅供識別 关于召 ...

Summary of Key Points Core Viewpoint - As of August 26, a total of 135 stocks reached their 52-week highs, indicating a strong market performance with notable leaders in the sector [1]. Stock Performance Highlights - The top three stocks with the highest increase rates are: - 恒基发展 (Hengji Development) at 69.72% with a closing price of 0.335 and a peak of 0.370 [1] - 中国智能交通 (China Intelligent Transportation) at 68.89% with a closing price of 0.305 and a peak of 0.380 [1] - 桦欣控股 (Hua Xin Holdings) at 54.26% with a closing price of 17.000, reaching its peak at the same price [1] Additional Notable Stocks - Other significant performers include: - 绿色经济 (Green Economy) at 22.16% [1] - 米兰站 (Milan Station) at 21.83% [1] - 永义国际 (Yongyi International) at 21.21% [1] - 金界控股 (Golden Realm Holdings) at 18.11% [1] 52-Week Low Rankings - The stocks that reached their 52-week lows include: - 鸿盛昌资源股权 (Hongsheng Chang Resources) at a low of 0.010, down 37.50% [4] - 德商产投服务 (DeShang Investment Services) at a low of 0.830, down 17.00% [4] - 新华联合投资 (Xinhua United Investment) at a low of 0.092, down 15.60% [4]

Core Viewpoint - The pickup truck market in China is experiencing a mixed performance with strong growth in exports and the emergence of new energy pickups, while domestic demand shows signs of weakness. The market is characterized by a leading position held by Great Wall Motors and a competitive landscape among several key players [2][3][4][6]. Group 1: Pickup Truck Sales Performance - In July 2025, the pickup truck market sold 41,000 units, a year-on-year increase of 2% but a month-on-month decline of 15%, maintaining a median level over the past five years [2][6]. - From January to July 2025, total sales reached 348,000 units, reflecting an 11% year-on-year growth [2][6]. - The main sales regions for pickups are in the Southwest and Northwest, accounting for approximately 45% of total demand in July 2025 [2][18]. Group 2: Export Trends - In July 2025, pickup truck exports reached 23,000 units, showing a year-on-year increase of 13% but a month-on-month decline of 13% [3][10]. - Exports accounted for 56% of total sales in July 2025, up from 45% in 2024, indicating a strong international demand for Chinese pickups [3][10]. - Key players in the export market include Great Wall Motors, SAIC Maxus, and Changan Automobile, with many manufacturers seeing exports make up over half of their total sales [3][10][27]. Group 3: New Energy Pickup Development - In 2024, the sales of new energy pickups reached 21,000 units, a significant year-on-year increase of 170% [4][15]. - By July 2025, new energy pickup sales were 4,000 units, marking a 182% year-on-year growth despite a 41% month-on-month decline [4][15]. - The cumulative sales of new energy pickups from January to July 2025 reached 46,000 units, reflecting a remarkable 702% increase compared to the previous year [4][15]. Group 4: Market Dynamics and Regional Characteristics - The pickup truck market is influenced by the economic conditions of small businesses and private owners, with a notable recovery in demand post-pandemic [6][7]. - The market is showing signs of regional variation, with the Southwest and Northwest regions demonstrating stronger demand compared to the East [18][29]. - The trend towards electrification and the increasing popularity of pickups for leisure activities are reshaping consumer preferences and market dynamics [7][18][29]. Group 5: Competitive Landscape - Great Wall Motors continues to dominate the domestic pickup market with nearly 50% market share, while other players like Jiangling Motors and BYD are gaining ground [23][25]. - The competitive landscape is characterized by a concentration of market share among a few leading manufacturers, with exports driving overall market strength [23][27]. - The introduction of new models and the focus on electric pickups are expected to further enhance the competitive positioning of key players in the market [29].

修订后的《保障中小企业款项支付条例》（以下简称《条例》）实施两个月有余。其中明确规定， 大型企业应当自货物、工程、服务交付之日起60日内支付款项。《条例》发布之初，中国一汽、广汽集 团、北汽集团、蔚来、理想汽车、比亚迪、赛力斯集团等17家车企先后承诺，对供应商的账期不超过60 天。如今，首个60天周期已过，车企承诺落实情况却不尽如人意。 根据央视及工业和信息化部日前的通报，在17家车企中，中国一汽、广汽、赛力斯3家车企已率先实现 60天内支付。此外，东风、长安等央企，上汽、北汽等国企，吉利、长城等民营企业以及理想、小鹏等 新势力企业都在积极响应。 但从数据上看，17家车企中仅3家明确表态兑现"60天账期"承诺，与2个月之前振聋发聩的承诺声相比， 此时的兑现情况无疑略显单薄。但细窥之下，多数车企并未停留于口头承诺，均已将"60天账期"承诺落 实行动。其中，一汽组建了财务、供应链、法务跨部门专项工作组，并成立联合专项工作组；广汽则构 建了覆盖"订单下发—验收入库—对账结算—货款支付"全流程的管控体系；赛力斯则采用"厂中厂"模 式，并推行数字化管理。此外，小鹏也已与部分供应商完成补充协议的签署，"60天账期"承诺正 ...

汇丰银行将长城汽车A股、H股评级从"持有"上调至"买入"。 ...

【文/观察者网 刘怀文 编辑/高莘】近日，长城汽车举办"35周年开放日"体验活动，观察者网受邀走进保 定长城汽车总部，近距离观察长城汽车在35年间的发展历程。 35年前，长城汽车是一家仅有60余人的小厂，而如今，长城汽车已发展成拥有8.5万名员工、年销超百 万辆的大型车企，产品出口到170多个国家和地区。 2025年7月，长城汽车海外销售41088辆，同比增长7.60%，展现出强劲的国际市场竞争力。这样的成果 与长城汽车坚持研发创新、体系化产业布局，还有严格质量验证密不可分。 长城汽车的发展始终锚定自主研发。1998年，长城汽车建立首个研发中心，开启动力总成自主化道路。 至今，长城汽车研发团队规模达2.3万人，已累计申请专利近5万项，获得授权专利近3万项。 通过持续自主创新，长城汽车不断突破行业技术壁垒，打破技术垄断，已实现发动机、变速器、动力电 池等核心零部件的自主研发与制造。 长城汽车的体系化布局有效推动了技术研发的进展，提高了效率。2018年，长城汽车将旗下零部件公司 全部独立运营，并在新能源、智能化等相关技术产业加大投入。 市场化的运营策略倒逼零部件企业不断提高竞争力，至今，长城汽车旗下已有3家零部件 ...

Core Viewpoint - The report highlights the changes in the Hong Kong Stock Connect holdings, indicating significant increases and decreases in ownership percentages for various companies, which may signal potential investment opportunities or shifts in market sentiment. Group 1: Increased Holdings - Shandong Molong (00568) saw the largest increase in Hong Kong Stock Connect holdings, rising by 3.41% to a total holding of 58.38% [2] - ZTE Corporation (00763) experienced a 2.52% increase, bringing its holding to 54.86% [2] - Lens Technology (06613) increased by 2.22%, with a current holding of 11.01% [2] - Other notable increases include Southern Hang Seng Technology (03033) at +2.08% (60.66%) and Beijing Jingcheng Machinery Electric Company (00187) at +1.35% (49.54%) [2] Group 2: Decreased Holdings - Hang Seng China Enterprises (02828) had the largest decrease, down by 2.31% to 1.02% [2] - The Tracker Fund of Hong Kong (02800) decreased by 0.74%, now holding 1.87% [2] - Li Jin Technology (00558) saw a reduction of 0.69%, with a holding of 14.36% [2] - Other significant decreases include Ping An Good Doctor (01833) at -0.65% (19.25%) and Beijing North Star Company (00588) at -0.59% (41.42%) [2] Group 3: Five-Day Changes - Over the last five trading days, ZTE Corporation (00763) had the highest increase in holdings at +7.26% (54.86%) [3] - Longpan Technology (02465) increased by 6.03% to 51.76% [3] - Tongyuan Kang Pharmaceutical-B (02410) rose by 5.38%, now at 14.68% [3] - Significant decreases included Dongyang Sunshine Pharmaceutical (06887) at -3.85% (44.05%) and Zhejiang Shibao (01057) at -2.73% (55.74%) [3] Group 4: Twenty-Day Changes - Longfei Optical Fiber and Cable (06869) had the largest increase over twenty days at +22.04% (56.07%) [4] - Meizhong Jiahe (02453) increased by 12.55% to 37.75% [4] - Other notable increases include Yimai Sunshine (02522) at +11.66% (40.40%) and Kanglong Chemical (03759) at +9.51% (59.33%) [4] - Decreases over twenty days included Chongqing Steel (01053) at -5.91% (32.47%) and Dongfang Electric (01072) at -5.60% (37.80%) [4]

大家好，我是魏牌新能源的销售。今天和大家聊的，是最近在杀红了眼的魏牌高山。 最近市场如何？ 本地是北方四线城市，只有一家魏牌新能源直营店。 先给屏幕前还不太清楚的读者老爷们解释一下：魏牌新能源是长城的直营体系，24年刚搭建起来，类似 各新能源直营店，价格全国统一，线上下单交付中心提车，在一众新能源直营体系中算是后来者。 在阿维塔卖过11，赶在12上市前离职； 在岚图卖过老款梦想家、FREE等。 之前叫长城智选，很多长城旗下车型都有销售，现在改名魏牌新能源，主要售卖摩卡、蓝山、高山、坦克 700这四款车。 由于开在商场里，每天看车的用户自然不少。本月每天有20批有效用户，休息日翻倍。 每10批用户中，有6批是来看高山的，3批会看看蓝山和坦克700，剩下的1批是过来找坦克500的(只有摩 卡受伤的世界达成了)。 很多用户见到我们第一句话都是"长城也摆在商场里卖了？"是的，我也是偶然间逛商场，发现长城有了直 营体系才跳槽过来的。 说来惭愧，本人从事汽车销售以来，一直都是在品牌初创阶段入职，品牌发力阶段离职，然后加入下一家 初创品牌。 几年来， 在问界卖过赛力斯SF5和问界M5，赶在M7上市前离职； 在极氪卖过001 ...

8月25日，沪深两融数据显示，长城汽车获融资买入额0.57亿元，居两市第683位，当日融资偿还额0.59 亿元，净卖出210.18万元。 融券方面，当日融券卖出0.38万股，净买入8.60万股。 最近三个交易日，21日-25日，长城汽车分别获融资买入1.31亿元、0.36亿元、0.57亿元。 ...

Group 1 - HSBC upgraded the rating of Great Wall Motors' A-shares to "Buy" [1] - The target price set by HSBC for Great Wall Motors is 31.20 RMB [1]