Qingling Motors Announces Major Shareholder Shift as Chongqing Government Transfers 80% Equity to Yufu Holding

Reuters

06/12

Qingling Motors Announces Major Shareholder Shift as Chongqing Government Transfers 80% Equity to Yufu Holding

Qingling Motors Co. Ltd. has announced a significant change in its shareholder structure following the decision by the Chongqing Municipal People's Government to transfer 80% of the equity interests in Qingling Group, the controlling shareholder of Qingling Motors, to Chongqing Yufu Holding Group Co. This transfer was previously held by the Chongqing State-owned Assets Supervision and Administrative Commission. Despite this change, Qingling Group will retain its 50.1% equity stake in Qingling Motors. This move is expected to bolster Qingling Motors' transformation and development in the new energy sector, particularly in intelligent network-connected new energy commercial vehicles. The announcement was made in compliance with the Listing Rules of the Stock Exchange of Hong Kong Limited.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Qingling Motors Co. Ltd. published the original content used to generate this news brief on June 12, 2025, and is solely responsible for the information contained therein.

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Ltd. published the original content used to generate this news brief on June 12, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK1539","symbol_name":"汽車股","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250612:nNDL93s0VR:1","article_id":"2542550594","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2542550594","pubTimestamp":1749720251,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Qingling Motors Co. 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