(A joint stock company incorporated in the People's Republic of China with limited liability) H Share Stock Code: 2333 A Share Stock Code: 601633 2019 INTERIM REPORT * For identification purpose only IMPORTANT NOTICE I. The Board, the Supervisory Committee and the directors, supervisors and senior management of the Company warrant that the information in this interim report is true, accurate and complete and does not contain any false representations, misleading statements or material omissions, and severally and jointly take legal liability for its contents. II. Director(s) absent from the Board meeting Position of the Name of the Reasons for being director(s) absent from director(s) absent from absent from the Board meeting the Board meeting the Board meeting Representative Director Yang Zhi Juan Work commitment Wang Feng Ying III. This interim report of the Company has not been audited. The financial information in this interim report was prepared in accordance with China Accounting Standards for Business Enterprises and the relevant laws and regulations. IV. Wei Jian Jun, person-in-charge of the Company, Liu Yu Xin, person-in-charge of the accounting affairs and Lu Cai Juan, person-in-charge of the accounting department (head of the accounting department), declare that they warrant the truthfulness, accuracy and completeness of the financial report in this interim report. V. Proposal of profit distribution or capitalisation of capital reserve during the Reporting Period considered by the Board None VI. Risks relating to forward-looking statements √ Applicable □ Not applicable Forward-looking statements, such as future plans described in this report do not constitute an actual commitment of the Company to investors. Investors should be aware of the relevant investment risks. VII. Was there any non-operational appropriation of the Company’s funds by its controlling shareholders and related parties? No VIII. Was there any provision of guarantee to external parties in violation of the stipulated decision-making procedures? No IX. Reminder of material risks During the Reporting Period, there were no material risks resulting in any significant impact on the production and operation of the Company. Risks that the Company may encounter in the course of its production and operation and its corresponding measures have been described in “Other Disclosures” under item II of Section 4 headed “Discussion and Analysis of the Business Operation of the Company (Management Discussion and Analysis)” of this report. X. Others □ Applicable √ Not applicable INTERIMINTERERIM REPORTREEPOORT 2019202012 9 1 CONTENTS Section 1 Section 7 Definitions 14 Description of Preference Shares 80 Section 2 Section 8 Corporate Profile and Directors, Supervisors and Key Financial Indicators 16 Senior Management 81 Section 3 Section 9 Business Highlights of the Company 23 Description of Corporate Bonds 83 Section 4 Section 10 Discussion and Analysis of the Financial Report (Unaudited) 84 Business Operation of the Company (Management Discussion and Analysis) 26 Section 11 Index of Documents Available Section 5 for Inspection 260 Significant Events 50 Section 6 Changes in Ordinary Shares and Shareholders 73 2 GREATGREGR AT WALLWALWAA L MOTORMOTOTOTORRC COMPANYCOMPOMMPMPANYAANNYY LILLIMITEDIMITMIM TEDE INTERIMINTNTNTERIEERRIMMR REPORTREPOEEPPORT 20192012019 3 Champion Haval Leading the World with Intelligence 4 GREATGRER ATA WALLWALWAWA L MOTORMOTOOTTORRC COMPANYCOMPOMMPM ANYAN LILIMITEDIMITED Pick-up Leader INTERIMINTERIM REPORTREPOPORT 20192019 5 6 GREATGRER AT WALLWALWALALL MOTORMOTOT R COMPANYCOMPPAANYNYY LILIMITEDMITITTEDED Champion Haval Leading the World with Intelligence INTERIMINTERIR M REPORTREPOORTR 201920119 7 8 GREATGREAT WALLWALL MOTORMOTOR COMPANYCOOMMMPPANANYANYY LILLIMITEDMITM EDD INTERIMINTINNTNTERIE M REPORTREPORTRT 20192019 9 Champion Haval Leading the World with Intelligence 1010 GREATGREREATA WALLWALW LLM MOTORMOTOTOTOTORRC COMPANYCOMPO ANYY LILLIMITEDMITEDE INTERIMINTNTERIIM REPORTREPOE RTR 20192012 9 111 Amazing Your Eyes by WEY’s Redefined Luxury 122 GREATGREGRG AT WALLWALWALL MOTORMOTOTOR COMPANYCOMPO AANY LILIMITEDMITED New Generation Electric Car INTERIMINTININTTERIRIM REPORTREPOEP RTR 20192012001019 133 14 GREAT WALL MOTOR COMPANY LIMITED Section 1 Definitions In this report, the following expressions shall, unless the context otherwise requires, have the following meanings: Definitions for commonly used terms “A Shares” domestic share(s) with a nominal value of RMB1.00 each in the share capital of the Company which are listed on the Shanghai Stock Exchange and traded in Renminbi (Stock Code: 601633); “A Shareholder(s)” holders of A Share(s); “Articles” articles of association of the Company, as amended, modified or otherwise supplemented from time to time; “Board” the board of directors of the Company; “Company” or Great Wall Motor Company Limited (長城汽車股份有限公司), a joint stock “Great Wall Motor” company incorporated in the PRC with limited liability, the H Shares and A Shares of which are listed on the Hong Kong Stock Exchange and the Shanghai Stock Exchange, respectively; “Company Law” Company Law of the People’s Republic of China; “Competing Business” a business that is identical with or similar to the principal business and other businesses of Great Wall Motor Company Limited; “CSRC” China Securities Regulatory Commission; “Group” Great Wall Motor Company Limited and its subsidiaries; “H Shares” the overseas-listed foreign share(s) with a nominal value of RMB1.00 each in the share capital of the Company which are listed on the Main Board of the Hong Kong Stock Exchange and traded in Hong Kong dollars (Stock Code: 2333); “H Shareholder(s)” holders of H Share(s); INTERIM REPORT 2019 15 Section 1 Definitions “Hong Kong Listing Rules” the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited as amended from time to time; “Hong Kong Stock Exchange” The Stock Exchange of Hong Kong Limited; “Model Code” Model Code for Securities Transactions by Directors of Listed Issuers as set out in Appendix 10 to the Hong Kong Listing Rules; “PRC” the People’s Republic of China; “Reporting Period” or six months ended 30 June 2019; “Current Period” “SFC” The Securities and Futures Commission in Hong Kong; “SFO” Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong) as amended from time to time; and “Shanghai Stock Exchange” Shanghai Stock Exchange. 16 GREAT WALL MOTOR COMPANY LIMITED Section 2 Corporate Profile and Key Financial Indicators I. CORPORATE INFORMATION Chinese name of the Company 長城汽車股份有限公司 Abbreviation of Chinese name of the Company 長城汽車 English name of the Company Great Wall Motor Company Limited Abbreviation of English name of the Company Great Wall Motor Legal representative of the Company Wei Jian Jun II. CONTACT PERSONS AND CONTACT METHODS Secretary to the Board Representative of Securities Affairs Name Xu Hui (Company Secretary) Chen Yong Jun Address No. 2266 Chaoyang Road South, No. 2266 Chaoyang Road South, Baoding, Hebei Province, the PRC Baoding, Hebei Province, the PRC Telephone 86(312)-2197813 86(312)-2197813 Fax 86(312)-2197812 86(312)-2197812 E-mail address [email protected] [email protected] III. BASIC INFORMATION Registered address of the Company No. 2266 Chaoyang Road South, Baoding, Hebei Province, the PRC Postal code of the registered address of the Company 071000 Office address of the Company No. 2266 Chaoyang Road South, Baoding, Hebei Province, the PRC Postal code of the office address of the Company 071000 Company’s website www.gwm.com.cn E-mail address [email protected] Principal place of business in Hong Kong Room 1903-1904, 19/F., Hong Kong Trade Centre, 161 Des Voeux Road Central, Sheung Wan, Hong Kong IV. INFORMATION DISCLOSURE AND PLACE OF DOCUMENT INSPECTION Designated newspapers for information disclosure China Securities Journal, Shanghai Securities News Website designated by the CSRC www.sse.com.cn for publishing this interim report Place for inspection of the Company’s interim report Securities & Legal Affairs Department of Great Wall Motor Company Limited No. 2266 Chaoyang Road South, Baoding, Hebei Province, the PRC Website designated by the Hong Kong Stock Exchange www.hkexnews.hk for publishing this interim report The Company’s website for publishing this interim report www.gwm.com.cn INTERIM REPORT 2019 17 Section 2 Corporate Profile and Key Financial Indicators V. INFORMATION ON THE COMPANY’S SHARES Stock exchanges Previous Stock for the listing of Stock stock classes the Company’s shares abbreviation Stock code abbreviation A Shares Shanghai Stock Exchange Great Wall Motor 601633 – H Shares Hong Kong Stock Exchange Great Wall Motor 2333 – Stock exchanges Stock for the listing of Number of classes the Company’s shares Listing date issued shares Board lot A Shares Shanghai Stock Exchange 28 September 2011 6,027,729,000 100 shares A Shares (Total shares: 9,127,269,000 shares, H Shares: 3,099,540,000 shares) H Shares Hong Kong Stock Exchange 15 December 2003 3,099,540,000 500 shares H Shares (Total shares: 9,127,269,000 shares, A Shares: 6,027,729,000 shares) 18 GREAT WALL MOTOR COMPANY LIMITED Section 2 Corporate Profile and Key Financial Indicators VI. OTHER RELEVANT INFORMATION √ Applicable □ Not applicable Accounting firm appointed Deloitte Touche Tohmatsu Certified Public Accountants LLP by the Company (auditor of the Company) Office address of the accounting firm 30/F, 222 Yan An Road East, Huangpu District, Shanghai appointed by the Company Legal adviser