Summary by Moomoo AI
GREAT WALL AUTOMOBILES (STOCK CODE: 02333) ANNOUNCED ON 11 APRIL 2024 THAT ITS CONTROLLING SHAREHOLDER, BAUDING INNOVATIONS, HAD LIQUIDATED 3.667 MILLION SHARES ON 10 APRIL 2024. The batch of shares was originally deposited with Baoding Branch of Hebei Bank Co., Ltd. After the delisting, Innovative Great Wall Motor's cumulative stake was 63,883 million A-shares, representing 12.49% of the company's shares and 7.48% of the company's total share capital. The announcement states that the shares currently unpledged have no subsequent pledge plan and that the Company will comply with its obligation to disclose information in the event of future vesting.