AutoBeta(AutoBeta.net)03/04 Report--

Great Wall Motor recently experienced two executive changes. In December last year, Great Wall Motor announced that Hao Jianjun would no longer exercise the duties of deputy general manager due to job changes, and agreed to remove Mr. Hao Jianjun from his post as deputy general manager of the company on the proposal of the general manager and in compliance with the relevant regulations. Liu Zhifeng has been with Great Wall Motor for nearly 4 months and has resigned as Special Vice President and General Manager of Harvard Brand Marketing of Great Wall Motor Co., Ltd.

In response to a variety of speculation about the appearance, Great Wall Automobile announced that Hao Jianjun resigned because he needed to be chairman of Great Wall Industrial Co., Ltd., while Liu Zhifeng resigned for personal reasons.

Great Wall Motor Co., Ltd. March 4, 2019

1. The "announcement of resolutions of the 14th meeting of the sixth Board of Directors" issued by the Board of Directors of Great Wall Motor Co., Ltd. on December 27, 2018 stated that "Mr. Hao Jianjun will no longer exercise the duties of Deputy General Manager of the company due to job changes, and upon the proposal of the General Manager," Mr. Hao Jianjun was removed from the post of Deputy General Manager ", the public misunderstood this message. Now our clarification is as follows: due to the needs of our work, Mr. Hao Jianjun needs to be the chairman of Baoding Great Wall Industrial Co., Ltd. (hereinafter referred to as "Great Wall Holdings") under Baoding Great Wall Holdings Group Co., Ltd. (hereinafter referred to as "Great Wall Holdings"). Responsible for the management of related affairs, so he was relieved from the post of Deputy General Manager of Great Wall Automobile Co., Ltd. (both Great Wall Industry and Great Wall Motor Co., Ltd. are direct / indirect subsidiaries of Great Wall Holdings.)

Recently, Mr. Liu Zhifeng resigned as Special Vice President of Great Wall Motor Co., Ltd and General Manager of Harvard Brand Marketing due to the illness of the elderly in his family and personal physical reasons. Mr. Liu Zhifeng has been in the company since October 10, 2018 and will no longer hold any position after leaving the company. This personnel change will not affect the normal operation of the company. The company respects Mr. Liu Zhifeng's personal decision and wishes Mr. Liu Zhifeng every success in his future work and life.

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