Great Wall Motor to Persist in Daily Related Transactions with Spotlight Automotive, with Transaction Amount Cap Surpassing 6.1 Billion Yuan by 2026
2025-12-30 / Read about 0 minute
Author:小编   

On December 29, Great Wall Motor made an announcement stating that it had inked the Sixth Amendment to the Related Transaction Framework Agreement with Spotlight Automotive Co., Ltd. This amendment delineates the upper limit on the volume of daily related transactions between the two entities for the year 2026. Specifically, Great Wall Motor is set to supply components, molds, and various other products to Spotlight Automotive, with the total transaction value projected to hit 2.696 billion yuan. Conversely, Great Wall Motor will also procure vehicles, components, and similar items from Spotlight Automotive, with the transaction amount anticipated to reach 3.008 billion yuan. Furthermore, Great Wall Motor will extend a range of services to Spotlight Automotive, encompassing R&D services valued at 228 million yuan, consulting services (including IT, human resources, and other consulting services) worth 9.4 million yuan, IT-related services amounting to 13.4 million yuan, as well as in-plant and outbound logistics services totaling 73.2 million yuan. Additionally, Great Wall Motor will engage in purchasing R&D services from Spotlight Automotive, with the transaction value estimated at 152 million yuan.