Ms. Liu Yu Xin, the chief financial controller of Great Wall Motor Company Limited (the "Company"), cased to fulfil her duties as the chief financial controller of the Company due to work rearrangement of the Company. Her resignation was considered and approved at the 3rd meeting of the seventh session of the Board of the Company and shall take effective from 29 June 2020. Ms. Liu Yu Xin continues to serve other management positions in the Company. Ms. Liu Yu Xin has confirmed that there is no disagreement between her and the Board and that there are no other matters in relation to her resignation as the chief financial controller of the Company that need to be brought to the attention of the shareholders of the Company and the Hong Kong Stock Exchange. In order to meet the needs of the management and development of the Company in future, with the nomination made by the general manager of the Company and review conducted by the Nomination Committee under the Board of the Company, the Company appointed Ms. Li Hong Shuan as the chief financial controller of the Company at the 3rd meeting of the seventh session of the Board held on 29 June 2020 with the term of office from the date of approval by the Board until the expiry of the seventh session of the Board. Ms. Li Hong Shuan ("Ms. Li"), aged 36 joined the Company in 2007 and engaged in financial management for 13 years.