Group 1 - The company Great Wall Motors (601633)(02333) announced the cancellation of 1.0754 million restricted shares on September 16, 2025 [1]

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：2333（港幣櫃檯）及82333（人民幣櫃檯） 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 13 .1 0B 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「北京金誠同達律師 事務所關於長城汽車股份有限公司2023年股權激勵計劃部分限制性股票回購注销實施相關事項 的法律意見書」。 承董事會命 長城汽車股份有限公司 聯席公司秘書 李紅栓 ，2025 9 11 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 海外監管公告 金诚同达律师事务所 ...

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：2333（港幣櫃檯）及82333（人民幣櫃檯） 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 13 .1 0B 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2023年限制性股票激勵計劃首次授予及預留授予部分限制性股票回購注銷實施的公 獨立非執行董事：樂英女士、范輝先生及鄒兆麟先生。 」。 承董事會命 長城汽車股份有限公司 聯席公司秘書 李紅栓 ，2025 9 11 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。 * 僅供識別 海外監管公告 | | | 长城汽车股份有限公司 ...

Core Insights - Great Wall Motors' premium brand Wey announced that its new model, the Gaoshan 7, received 5,576 orders within 20 hours of its pre-sale launch [2] - The pre-sale for the Gaoshan 7 began on September 10, with a starting price of 289,800 yuan [2] Vehicle Specifications - The Gaoshan 7 has a length of 5,050 mm and a wheelbase of 3,085 mm, making it suitable for standard parking spaces [2] - It features the smallest turning radius among mid-to-large MPVs, with a minimum turning radius of just 5.6 meters [2] Technology and Features - The Gaoshan 7 is equipped with laser radar and is the first MPV to standardize this feature [2] - It includes Great Wall's third-generation intelligent driving system, Coffee Pilot Ultra, which consists of a 128-line laser radar and 12 ultrasonic radars, enabling "parking space to parking space" functionality and the ability to recognize over 200 types of parking spaces [2] Powertrain - The vehicle is powered by the Hi4 intelligent four-wheel drive hybrid system, featuring a dedicated 1.5T hybrid engine and dual motors [2]

Core Viewpoint - The core viewpoint emphasizes the importance of integrity and practicality for Chinese brands going global, highlighting that success relies on adhering to standards in safety, performance, and quality rather than mere marketing claims [1]. Group 1: Company Insights - Great Wall Motors' Chairman Wei Jianjun stresses the need for a realistic approach in presenting vehicles to consumers, stating that cars are durable goods and should not be frequently replaced [3]. - The Wei brand's Gao Shan 7 model features dimensions of 5050mm in length, 1960mm in width, and 1900mm in height, with a wheelbase of 3085mm [1]. - The Gao Shan 7 is equipped with a vehicle-grade 8295 chip and supports the Coffee GPT large model, showcasing the integration of advanced technology [1]. Group 2: Product Specifications - The Gao Shan 7 is powered by the Hi4 intelligent four-wheel drive hybrid technology, delivering a maximum power output of 337 kW and a peak torque of 644 Nm [1]. - The vehicle includes a 44.28 kWh battery, providing a WLTC pure electric range of 172 kilometers [1]. - The pre-sale prices for the two models of Gao Shan 7 are set at 289,800 yuan and 349,800 yuan respectively [3].

9月11日下午，长城汽车旗下魏牌公布，高山7预售20小时订单5576辆。魏牌高山7预售价格为28.98万 元。 ...

Market Overview - The passenger car sector increased by 0.7% on September 11, with Beiqi Blue Valley leading the gains [1] - The Shanghai Composite Index closed at 3875.31, up 1.65%, while the Shenzhen Component Index closed at 12979.89, up 3.36% [1] Individual Stock Performance - Beiqi Blue Valley (600733) closed at 8.75, up 3.55% with a trading volume of 1.7879 million shares and a transaction value of 1.531 billion [1] - BYD (002594) closed at 106.59, up 1.32% with a trading volume of 537,800 shares and a transaction value of 5.683 billion [1] - GAC Group (601238) closed at 7.77, up 0.65% with a trading volume of 351,500 shares and a transaction value of 271 million [1] - SAIC Motor (600104) closed at 18.97, up 0.64% with a trading volume of 483,600 shares and a transaction value of 908 million [1] - Changan Automobile (000625) closed at 12.57, down 0.40% with a trading volume of 1.0099 million shares and a transaction value of 1.262 billion [1] - Great Wall Motors (601633) closed at 25.61, down 0.51% with a trading volume of 253,500 shares and a transaction value of 646 million [1] Fund Flow Analysis - The passenger car sector experienced a net outflow of 656 million from institutional investors, while retail investors saw a net inflow of 692 million [1] - Beiqi Blue Valley had a net inflow of 138 million from institutional investors, while retail investors had a net outflow of 305,220 [2] - BYD experienced a net outflow of 122 million from institutional investors, but a net inflow of 143 million from retail investors [2] - GAC Group saw a net outflow of 13.15 million from institutional investors, with a net inflow of 22.63 million from retail investors [2]

Core Viewpoint - The launch of the Wei brand's Gaoshan 7 aims to address family travel pain points, positioning itself as a "mobile living room" for families, emphasizing flexibility, space, intelligence, performance, and safety within a price ceiling of 300,000 yuan [1][8]. Pricing and Promotions - The pre-sale price of the Gaoshan 7 is set at 289,800 yuan, with four promotional offers available for early reservations, including a cash discount, trade-in subsidies, free lifetime access to certain driving features, and a complimentary home charging station [3]. Product Features - The Gaoshan 7 features a length of 5050mm and a wheelbase of 3085mm, allowing easy parking in standard spaces, with a minimum turning radius of just 5.6 meters [5]. - It boasts a high space utilization rate of 61.1% among its class, with a flat floor design and flexible seating arrangements to accommodate various family needs and large items [5]. - Equipped with a Coffee Pilot Ultra driver assistance system and standard laser radar, the Gaoshan 7 supports advanced parking features with a 96% success rate in parking space recognition [5]. Safety Standards - The Gaoshan 7 incorporates a high-strength cage structure with 81.96% high-strength steel, ensuring safety for all passengers, and has passed 89 rigorous battery safety tests [7]. - It is certified for zero formaldehyde and has achieved a five-star rating in the C-GCAP safety assessment, along with a UV sterilization system for improved passenger health [7]. Brand Commitment and Market Position - The Wei brand is committed to making luxury MPV experiences accessible at a price point below 300,000 yuan, aiming to bring high-end features to everyday consumers [8]. - The company has seen significant sales growth, with over 10,000 units sold in consecutive months and the Gaoshan series receiving multiple accolades in the MPV market [10]. - The brand emphasizes a user-centric approach, continuously upgrading its offerings based on customer feedback and needs [10].

Group 1 - The core viewpoint of the article is the launch of the new MPV model "Gaoshan 7" by Great Wall Motors' WEY brand, which is now available for pre-order with two versions priced at 289,800 yuan and 349,800 yuan respectively [1] Group 2 - The Gaoshan 7 is designed for spacious and comfortable family travel, featuring dimensions of 5050×1960×1900mm and a wheelbase of 3085mm, providing a solid foundation for interior space [4] - The interior layout includes a 2+2+3 seven-seat configuration, with a focus on enhancing the second-row seating experience, offering heating, ventilation, and optional massage seats, along with practical features like a ceiling entertainment screen, folding tables, and a vehicle-mounted refrigerator [4] Group 3 - In terms of power and range, the Gaoshan 7 is equipped with Great Wall's Hi4 performance version intelligent four-wheel drive hybrid technology, achieving a combined power of 337kW and a torque of 644N·m [8] - The official data indicates a WLTC comprehensive range of up to 945km, and it supports a 3.3kW external discharge function, enhancing the vehicle's practicality in outdoor scenarios [8] - The vehicle features the third-generation intelligent driving system Coffee Pilot Ultra, equipped with 128-line lidar, capable of full-scene NOA functionality without relying on high-precision maps, covering highways, urban, and rural roads [8]

Core Viewpoint - The Weipai Gaoshan 7, positioned as a family-oriented MPV, aims to provide a spacious and flexible travel experience for modern families, with a starting pre-sale price of 289,800 yuan [1][10]. Group 1: Product Features - The Gaoshan 7 features a length of 5050mm and a wheelbase of 3085mm, allowing it to fit into standard parking spaces, with a minimum turning radius of just 5.6 meters due to its "flexible steering" function [4]. - It boasts a room utilization rate of 61.1%, a flat floor design for spacious interiors, and adjustable seating arrangements to accommodate various needs, including camping gear and bicycles [4]. - The vehicle is equipped with the Coffee Pilot Ultra driver assistance system, supporting "parking from space to space" functionality and accommodating over 200 parking types [6]. - The powertrain delivers a maximum output of 337kW and a peak torque of 644N·m, achieving 0-100 km/h in just 5.7 seconds, with a lightweight aluminum suspension system enhancing comfort and corrosion resistance [6]. Group 2: Safety Features - The Gaoshan 7 incorporates a triple high-strength cage structure, with high-strength steel making up 81.96% of the body, ensuring top-tier safety for all passengers [8]. - It features a 3107mm side air curtain that maintains pressure for 6 seconds, enhancing safety for passengers in all three rows [8]. - The battery pack has passed 89 rigorous safety tests, underscoring the vehicle's commitment to safety [8]. Group 3: Brand Philosophy and Market Position - Weipai's CEO emphasized the importance of transparency and user trust, stating that the company is committed to delivering on its promises without exaggeration [11]. - Since adopting the brand philosophy of "changing for users" on May 20, Weipai has focused on user needs, implementing significant OTA upgrades and enhancing its direct-to-consumer service model [13]. - The company has seen a surge in sales, with over 10,000 units sold in two consecutive months and cumulative deliveries of the Weipai Lanshan surpassing 100,000 units in August [15].