Great Wall Motor Company Limited (GWMOTOR) released its resubmitted Monthly Return for August 2026, detailing incremental changes to both authorised and issued share capital across its A- and H-share classes. All figures below are sourced directly from the filing.
The company’s authorised capital closed the month at 8.58 billion shares (par value RMB 1.00), reflecting a 25.05 million-share increase in the A-share authorisation to 6.26 billion. Authorised H-share capital remained unchanged at 2.32 billion.
Issued capital shifted on two fronts: • A-shares rose by 25.05 million to 6.26 billion, driven mainly by the allotment of 31.98 million restricted shares under the 2026 Restricted Stock Incentive Plan on 6 August, partly offset by the cancellation of 6.93 million non-unlockable shares from the 2023 ESOP and a minor 435-share conversion from outstanding convertible bonds. • H-shares fell by 3.10 million to 2.30 billion after a market buyback executed on 28 August at HKD 7.978 per share, moving the repurchased stock into treasury.
Consequently, GWMOTOR ended August with 8.56 billion issued shares outstanding (excluding treasury), while H-share treasury holdings rose to 14.53 million—about 0.63 % of the class. No A-shares were held in treasury following the ESOP cancellation.
Convertible bond activity was limited: RMB 1,000 of the GWM Convertible Bond was put back to the company, and RMB 17,000 face value was converted, trimming the outstanding balance to RMB 3.50 billion and adding 435 new A-shares. The conversion price remained RMB 38.74.
All H-share public-float requirements were met as of 31 August 2026, according to the company’s confirmation to the Hong Kong Stock Exchange.
Overall, the month’s transactions produced a net 0.29 % expansion in the total issued share base, underscoring GWMOTOR’s ongoing use of employee incentives alongside targeted share repurchases and convertible bond management to fine-tune its capital structure.