Summary by Futu AI
Great Wall Motor announced on September 30, 2024, that its board of directors has approved the 'Interbank Bond Market Debt Financing Instrument Information Disclosure Management System,' aimed at regulating the company's disclosure of non-financial corporate debt financing instruments in the interbank bond market, protecting the legitimate rights and interests of investors. The system specifies the principles of disclosure, organizational structure and responsibilities, content and standards of disclosure, management and internal control mechanisms, as well as provisions on legal responsibilities and penalties for disclosure. Great Wall Motor stated that this move will enhance the transparency and timeliness of the company's disclosure, and ensure the truthfulness, accuracy, and completeness of the disclosure. The system will take effect from the date of the board's approval.