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 ： 02 33 3（ 港 幣 櫃 台 ） 及 823 33（ 人 民 幣 櫃 台 ） 自願公告 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 12月新能源車銷售38,922台，1-12月累計銷售403,653台。 務請注意，上述產銷量數字未經審核，亦未經本公司審計師確認，或會予以調整並有待最終確認。本公司刊發財務業績後，股東及潛在投資者務必詳閱。 本公告乃承本公司董事會之命而刊發，各董事願對本公告所載資料之準確性承擔法律責任。 承董事會 命 2025年12月產銷 ...

Core Viewpoint - Great Wall Motors is actively seeking public input for naming its new technology platform, which aims to accommodate diverse global energy scenarios and vehicle types [1] Group 1: New Technology Platform - The new technology platform will include hybrid, plug-in hybrid, gasoline, diesel, pure electric, and hydrogen energy vehicles to meet global mobility needs [1] - The platform will support various vehicle types, including hatchbacks, sedans, SUVs, station wagons, and multi-functional vehicles [1] Group 2: Product Strategy - Great Wall Motors emphasizes the importance of providing safe and reliable products while also considering low ownership costs, including maintenance and repair expenses, as well as vehicle resale value [1] Group 3: Global Expansion - The company aims to not only export its technology but also to promote its culture as part of its international strategy [1]

Core Viewpoint - Great Wall Motors emphasizes user engagement by allowing customers to participate in naming its new platform, reflecting a commitment to user-centric development [2] Group 1: User Engagement - Great Wall Motors has launched a special live broadcast themed "Seeking Advice" to involve users in the naming process of its new platform [2] - The company has gathered over 8,400 suggestions and creative ideas from users regarding potential names for the new platform [2] Group 2: Platform Features - The new platform is designed to accommodate various powertrains, including gasoline, diesel, pure electric, hybrid, plug-in hybrid, and hydrogen, catering to diverse global user needs [2] - The platform aims to meet different energy structures and scenarios worldwide, showcasing its versatility [2]

Core Viewpoint - Great Wall Motors is engaging with users to name its new platform, emphasizing the importance of user participation in the development process [1] Group 1: Company Initiatives - Great Wall Motors held a live event on December 30, where Chairman Wei Jianjun invited online users to suggest names for the new platform [1] - The company aims to provide more choices for global users by developing a platform that supports multiple powertrains, body styles, and vehicle categories [1] - The initiative reflects the company's strategy to adapt to diverse energy scenarios worldwide [1]

这种对技术底色的自信，也让长城汽车的新平台具备了"一车多动力、一车多品类、一车多姿态"的灵活 拓展能力，可以根据不同市场需求快速衍生出多种车型，从而在全球竞争中形成差异化优势。 除了技术实力，长城汽车还在直播中重申了其服务用户的核心理念——"不让用户花冤枉钱"。魏建军对 记者表示，真正的用户利益不仅体现在购车价格上，更在于车辆全生命周期的低成本和高可靠性。 12月30日，长城汽车（601633）股份有限公司(以下简称"长城汽车")董事长魏建军举办全网直播活动， 围绕全新平台征名及企业技术价值观深度交流。不同于以往车企自主发布平台命名的传统模式，长城汽 车此次选择将全新平台的命名权开放给全网用户。 魏建军在直播中笑言："新平台起名比造车还难。"他呼吁广大网友积极参与，并在直播结束后针对呼声 最高的十个候选名称发起了全网投票，将最终决定权交给用户。新平台命名结果预计将在一周后正式公 布。 在外界看来，这次直播不仅是一次营销事件，更是一次技术"亮家底"。魏建军在对话中详细介绍了支撑 新平台的核心能力——全域自研。 据介绍，长城汽车是全球唯一一家能够实现全类型发动机、变速器自研自产的车企，其研发和试验能力 覆盖全场景 ...

12月30日，长城汽车（601633）以《求教》为主题开启全网直播。这场直播是长城汽车董事长魏建军在 央视《求真》对话中预告全新平台并向网友征名后的重磅回应，围绕全新平台征名、技术价值观、用户 利益保障等核心话题展开深度交流，全方位展现了长城汽车以用户为中心、以技术为支撑的发展理念与 战略布局。 用户共创贯穿始终命名权与价值感双重交付 此次直播最引人关注的，是长城汽车将全新平台命名权彻底交还给全网用户的创新举措。这一动作深刻 践行了"源于用户、服务用户"的核心思想，标志着企业从"工程师定义"向"用户共创"的再度升级。直播 中，魏建军坦言"新平台起名比造车还难"，对网友的热情参与表达诚挚感谢。直播结束后，长城汽车随 即发布10个呼声最高的命名启动全网投票，最终命名将在一周后揭晓，真正实现了"让用户说了算"的互 动承诺。 坚守初心布局未来新起点孕育新变革 回顾2025年，魏建军堪称国内最忙碌的车企老板。这一年，他不仅积极服务全球用户，致敬都江堰、敦 煌等中国文化符号，为行业发展仗义执言，更解锁赛车手、电竞队员等新身份，以多元方式深度融入用 户。但无论身份如何拓展，长城汽车"诚信造车、良心造车"的初心始终未变——敬 ...

Core Viewpoint - The Chinese automotive industry is entering a new development stage, emphasizing "high-quality development" over speed and scale, with a focus on efficiency, order, and long-term capability building [1][2] Group 1: Industry Trends - The term "anti-involution" has become a key focus in industry policy and regulation, shifting the automotive industry's understanding of development [1] - The ongoing price war and competitive tactics that breach reasonable boundaries highlight the need for companies to self-regulate and maintain manufacturing standards [1] Group 2: Company Positioning - Great Wall Motors has taken a proactive stance in addressing market disruptions, particularly regarding "zero-kilometer used cars," emphasizing the potential impact on industry credit and manufacturing foundations [1] - The company's chairman, Wei Jianjun, has publicly called for maintaining industry standards, aligning with national efforts to curb disorderly competition and promote high-quality development [1] Group 3: Product and Technology Focus - Great Wall Motors is committed to delivering technology to users, integrating VLA large model capabilities with Hi4 hybrid systems to enhance product experience in real-world scenarios [2] - The company’s approach emphasizes engineering-driven technology advancements, resulting in positive market feedback and improved sales and reputation [2] Group 4: Globalization Strategy - Unlike previous strategies that relied on export scale, Great Wall Motors is focusing on establishing local manufacturing capabilities and supply chain collaboration in overseas markets [2] - This shift from "selling overseas" to "rooting locally" aims to enhance stability and sustainability in its global operations [2] Group 5: Recognition - Great Wall Motors has been recognized in the "2025 Automotive Industry Influence Yearbook" as a representative company exemplifying high-quality development paths [2]

Core Viewpoint - The article emphasizes the concept of "Cultural Engine" proposed by Wei Jianjun, Chairman of Great Wall Motors, as a new approach to drive the transformation and high-quality development of the automotive industry, moving from scale expansion and technological catch-up to value innovation and brand elevation [1] Group 1: Differentiation Pathway - The automotive industry is facing intensified homogenization and price wars, leading to a bottleneck in growth based solely on cost and scale advantages [1] - The "Cultural Engine" concept advocates shifting from low-level competition to building unique cultural identity and brand spirit, marking a transition from visible parameters and prices to invisible cultural values and emotional resonance [1] - Great Wall Motors' "Technology + Culture" dual empowerment system exemplifies this new approach [1] Group 2: Technological and Design Dimensions - The company creatively draws inspiration from historical cultural elements, such as the "wisdom of Dujiangyan," to innovate technologies like the Hi4-Z power distribution system, enhancing both off-road performance and energy efficiency [2] - Cultural elements are integrated into product design, with colors inspired by Dunhuang murals, making vehicles like the Tank 500 and Tank 400 symbols of Dunhuang culture [4] - The design philosophy of the new Wei brand models incorporates cultural connotations, showcasing unique Eastern aesthetic design language [4] Group 3: User Value - The focus on high-quality brand development is centered on creating tangible value for users, with cultural empowerment translating into enhanced product performance [5] - Great Wall Motors aims to establish a spiritual connection with users by fostering off-road culture and integrating cultural experiences into their products [5] - The relationship between the brand and users is based on cultural recognition, which is more enduring than price-based connections [5] Group 4: Global Perspective and Cultural Confidence - The "Cultural Engine" concept is positioned within a global context, emphasizing the importance of cultural and value output alongside product and market expansion [6] - Great Wall Motors is changing perceptions of "Made in China" by embedding Eastern aesthetics and values into its products, moving from a "cost-performance" label to a "cultural value" recognition [6] Group 5: Roles in Industry Transformation - Great Wall Motors acts as a learner, beneficiary, and practitioner of cultural soft power, recognizing its core value in industrial development [8] - The company has successfully integrated cultural elements into technology, product design, and brand building, establishing a differentiated high-end brand image [8] - As a practitioner, Great Wall Motors has initiated impactful cultural actions, demonstrating a commitment to preserving cultural heritage and integrating it into modern industrial practices [9] Group 6: Future Development - The year 2025 is designated as the "Cultural Year" for Great Wall Motors, indicating a systematic construction of its developmental "thickness" across technology, products, and brand [10] - The concept of "thickening the Great Wall" signifies an expansion of competitive foundations to include cultural values, brand spirit, and user emotions [10] - This approach aims to help the Chinese automotive industry overcome bottlenecks and explore sustainable upward development paths, contributing to the transition from a major automotive nation to a strong automotive power [10]

Core Viewpoint - Great Wall Motors has signed a revised framework agreement with Beam Automobile, establishing the upper limit for daily related transactions for 2026, which is part of an ongoing collaboration that began in 2020 [2][3] Group 1: Transaction Details - From January 1 to November 30, 2025, Great Wall Motors engaged in various related transactions with Beam Automobile, including sales of parts and molds amounting to 1.193 billion yuan, vehicle and parts procurement around 12 million yuan, R&D services totaling 79.1193 million yuan, consulting services amounting to 7.6339 million yuan, procurement of R&D services at 51.1515 million yuan, IT-related services worth 4.2577 million yuan, and logistics services totaling 190.019 million yuan [2] - From 2020 to November 30, 2025, Great Wall Motors provided factory construction management and production process development services to Beam Automobile, with a cumulative amount of 137 million yuan [2] Group 2: Agreement Terms - The revised agreement specifies the upper limits for daily related transactions for 2026, although specific amounts were not disclosed in the announcement [2] - The previously agreed cumulative transaction limit for factory construction management and production process development services from 2020 to 2027 is set at 200 million yuan, with 137 million yuan already utilized as of November 30, 2025 [2] Group 3: Company Background - Beam Automobile was established in December 2019 with a registered capital of 1.7 billion yuan, jointly owned by Great Wall Motors and BMW (Netherlands) Holding Company, each holding a 50% stake [3] - The executive director and deputy general manager of Great Wall Motors, Zhao Guoqing, serves as a director of Beam Automobile, indicating that Beam Automobile is a related party [3]

Summary of Key Points Core Viewpoint - On December 29, Great Wall Motors experienced a decline of 0.75% in stock price, with a trading volume of 350 million yuan, indicating a relatively stable market presence despite fluctuations in stock performance [1]. Financing and Margin Trading - On December 29, Great Wall Motors had a financing buy-in amount of 27.78 million yuan and a financing repayment of 21.77 million yuan, resulting in a net financing buy of 6.01 million yuan. The total margin trading balance reached 642 million yuan [1]. - The current financing balance of 634 million yuan represents 0.45% of the circulating market value, which is above the 60th percentile level over the past year, indicating a high level of financing activity [1]. - In terms of securities lending, on December 29, the company had a securities lending repayment of 14,600 shares and a securities lending sell of 22,000 shares, amounting to 497,400 yuan at the closing price. The securities lending balance was 7.81 million yuan, exceeding the 80th percentile level over the past year, also indicating a high level of activity [1]. Financial Performance - As of September 30, Great Wall Motors reported a total of 137,500 shareholders, a decrease of 22.95% from the previous period. The average circulating shares per person remained at 0 shares, unchanged [2]. - For the period from January to September 2025, the company achieved an operating revenue of 153.58 billion yuan, reflecting a year-on-year growth of 7.96%. However, the net profit attributable to shareholders decreased by 17.20% to 8.64 billion yuan [2]. Dividend Distribution - Since its A-share listing, Great Wall Motors has distributed a total of 34.70 billion yuan in dividends, with 8.95 billion yuan distributed over the past three years [3]. Institutional Holdings - As of September 30, 2025, the top ten circulating shareholders included China Securities Finance Corporation as the third-largest shareholder with 197 million shares, unchanged from the previous period. Hong Kong Central Clearing Limited was the fourth-largest shareholder with 58.10 million shares, a decrease of 27.42 million shares [3]. - Other notable institutional shareholders include E Fund Consumption Industry Stock (110022) and Huatai-PB CSI 300 ETF (510300), both of which saw reductions in their holdings compared to the previous period [3].