Great Wall Motors announces board nomination for the new term; Ms. Yue Ying's term has expired, and she has stepped down.

Sina Visitor Network data
Great Wall Motor Co., Ltd. released an announcement on March 27, 2026, stating that its eighth session of the Board of Directors will expire on June 15, 2026, and also publishing a nomination plan for members of the ninth session of the Board of Directors. Based on shareholder nominations and the Board’s recommendation, the Company intends to re-elect Mr. Wei Jiangun, Mr. Zhao Guoqing, Ms. Li Hongshuan, and Mr. He Ping as members of the ninth session of the Board of Directors, and to re-elect Mr. Zou Zhaolin and Mr. Fan Hui as independent non-executive directors. Meanwhile, as their term has already reached six years, Ms. Le Ying, an independent non-executive director, will not be re-elected upon the expiration of her term and will cease to serve. The Board nominates Ms. Tian Yajuan as a newly appointed independent non-executive director to take over her position. If the above director candidates are appointed at the 2025 annual general meeting of shareholders, their term of office will run from the date the resolutions are approved by the shareholders’ general meeting until the ninth session of the Board of Directors expires. The term of office of the employee director, Ms. Lu Caijuan, will also expire on June 15, 2026, and her successor will be elected separately by the employee representatives’ meeting.

The announcement discloses the remuneration plan for the proposed directors. Among them, the remuneration of executive directors Mr. Wei Jiangun, Mr. Zhao Guoqing, and Ms. Li Hongshuan will be determined in accordance with the Company’s remuneration management system and annual performance evaluation results; the annual salary of non-executive director Mr. He Ping is 60,000 yuan before tax; the annual salary of independent non-executive director Mr. Zou Zhaolin is 120,000 yuan after tax, and the annual salaries of Mr. Fan Hui and Ms. Tian Yajuan are 60,000 yuan before tax. In addition, the announcement also lists the shareholding positions of certain directors and related parties.

The Company expresses its thanks to Ms. Le Ying for her contributions during her tenure. Pursuant to the Company’s articles of association, before the newly elected directors take office, the original directors will continue to perform their duties. This board session changeover is a routine adjustment of the Company’s corporate governance structure, aimed at ensuring the stability and continuous operation of the Company’s decision-making leadership.

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