Great Wall Motor : Response to the China Securities Regulatory Commission's Feedback on the Application Documents for Public Issuance of A Share Convertible Corporate Bonds

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長城汽車股份有限公司

GREAT WALL MOTOR COMPANY LIMITED*

(a joint stock company incorporated in the People's Republic of China with limited liability)

(Stock Code: 2333)

Announcement

Response to the China Securities Regulatory Commission's Feedback on the

Application Documents for Public Issuance of A Share Convertible Corporate Bonds

On 4 February 2021, Great Wall Motor Company Limited (the "Company") received "Notice regarding China Securities Regulatory Commission's Second Feedback on the Review of Administrative Permission Items" (No. 203570) (the "Second Feedback") from the China Securities Regulatory Commission (the "CSRC") on 3 February 2021.

In accordance with the requirements of the Second Feedback, the Company and the relevant intermediate agencies carefully studied and responded to each of the issues raised in the Second Feedback. Responses to the Second Feedback are hereby publicly disclosed. For details, please refer to the Response to the Second Feedback to Great Wall Motor Company Limited and Guotai Junan Securities Company Limited on Application Documents for Public Issuance of A Share Convertible Corporate Bonds, which has been published on the same date on the website of the Shanghai Stock Exchange (www.sse.com.cn). The Company will submit the requested replying materials in respect of the Feedback to the CSRC in a timely manner.

Matters in relation to the Company's public issuance of A share convertible corporate bonds are subject to the approval by the CSRC. The Company will disclose relevant information in a timely manner according to the progress of relevant matters. Investors are advised to pay attention to investment risks.

This announcement will be published on the websites of The Stock Exchange of Hong Kong Limited (www.hkexnews.hk) and the Shanghai Stock Exchange (www.sse.com.cn) and the official website of the Company (www.gwm.com.cn).

Shareholders of the Company and potential investors are advised to exercise caution when dealing in the securities of the Company.

By order of the Board

Great Wall Motor Company Limited

Company Secretary

Xu Hui

Baoding, Hebei Province, the PRC, 12 March 2021

As at the date of this announcement, members of the Board comprise:

Executive Directors: Mr. Wei Jian Jun, Ms. Wang Feng Ying and Ms. Yang Zhi Juan.

Non-executive Director: Mr. He Ping.

Independent Non-executive Directors: Ms. Yue Ying, Mr. Li Wan Jun and Mr. Ng Chi Kit.

* For identification purpose only