Great Wall Motor announced that due to the departure or demotion of 7 incentive recipients and not meeting the incentive conditions related to the 2023 Restricted Stock Incentive Plan, the company will repurchase and cancel the initial grant and reserve a total of 26,6043 restricted shares, accounting for a very small proportion of the total number of shares before the change. It is expected that the cancellation will be completed on September 28, 2026. After the adjustment, the first restricted share repurchase price was 12.51 yuan/share, and the reserved grant was 11.94 yuan/share, plus interest on bank deposits for the same period. After the repurchase and cancellation is completed, the total number of restricted shares remaining is 4619,4850 shares, and the total number of shares of the company will be changed from 8578,469792 shares to 8578203749 shares.

Zhitongcaijing · 1d ago
Great Wall Motor announced that due to the departure or demotion of 7 incentive recipients and not meeting the incentive conditions related to the 2023 Restricted Stock Incentive Plan, the company will repurchase and cancel the initial grant and reserve a total of 26,6043 restricted shares, accounting for a very small proportion of the total number of shares before the change. It is expected that the cancellation will be completed on September 28, 2026. After the adjustment, the first restricted share repurchase price was 12.51 yuan/share, and the reserved grant was 11.94 yuan/share, plus interest on bank deposits for the same period. After the repurchase and cancellation is completed, the total number of restricted shares remaining is 4619,4850 shares, and the total number of shares of the company will be changed from 8578,469792 shares to 8578203749 shares.