Great Wall Motor : CLARIFICATION AND RESUMPTION OF TRADING

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

長 城 汽 車 股 份 有 限 公 司

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

This announcement is made by Great Wall Motor Company Limited (the "Company") pursuant to the Inside Information Provisions (as defined under the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "Listing Rules")) under Part XIVA of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong) and Rules 13.09(2)(a) and 13.10B of the Listing Rules.

Important Notices:

• Recently, there have been press articles claiming that the Company has been negotiating with Fiat Chrysler Automobiles N.V. ("FCA") for matters in relation to the acquisition of its brand, Jeep;

• After verification, the Company hereby makes the clarification accordingly;

• At the request of the Company, trading in the H shares of the Company on The Stock Exchange of Hong Kong Limited has been halted with effect from 9:00 a.m. on 22 August 2017, pending the release of this announcement. The Company has applied to The Stock Exchange of Hong Kong Limited for the resumption of trading in its H shares at 9:00 a.m. on 23 August 2017.

1. Summary of the press articles The press articles stated that:

2. The Company intends to acquire the "Jeep" brand and has contacted FCA to consider whether to enter into an acquisition agreement;

3. Ms. Wang Feng Ying, general manager of the Company, has informed the media that the Company has plans to acquire Jeep, and it is contacting FCA for negotiation of the acquisition.

   The board of directors of the Company has promptly conducted a thorough investigation to verify the relevant facts.

4. Clarification

   The Company has paid attention to and conducted studies on FCA, but there has been no concrete progress so far. There is substantial uncertainty as to whether the Company will proceed with such project, which should not affect the financial results of the Company. Besides, the Company has not built any relationship with the directors of FCA nor has the Company entered into any discussion or signed any agreements with any officer of FCA so far.

5. Resumption of Trading

At the request of the Company, trading in the H shares of the Company on The Stock Exchange of Hong Kong Limited has been halted with effect from 9:00 a.m. on 22 August 2017, pending the release of this announcement. The Company has applied to The Stock Exchange of Hong Kong Limited for the resumption of trading in its H shares at 9:00 a.m. on 23 August 2017.

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

This announcement is made by the order of the Company. All members of the board of directors of the Company jointly and severally accept responsibility for the accuracy of this announcement.

By order of the Board

Great Wall Motor Company Limited Xu Hui

Company Secretary

Baoding, Hebei Province, the PRC, 22 August 2017

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: Mr. Ma Li Hui, Mr. Li Wan Jun and Mr. Ng Chi Kit.

* For identification purpose only