Summary by Moomoo AI
GREAT WALL AUTOMOBILE ISSUED A SPECIFIC STATEMENT ON 28 MARCH 2024 REGARDING THE OCCUPATIONS OF ITS CONTROLLING SHAREHOLDERS, ACTUAL CONTROLLERS AND OTHER RELATED FUNDS. The report covers the current situation of non-operating capital absorption and other related funds in 2023, including details of capital flows between major shareholders and their affiliates. The report shows that multiple operating and non-operating capital flows exist between Great Wall Motor and its subsidiaries and the controlling shareholders and their subsidiaries, amounting to several billion yuan involved. These often include loans, social security payments, service charges, freight, etc., and involve many different relationships. The report also mentions the financial situation between subsidiaries of listed companies and their affiliates and other related parties.