**Qingling Motors Co. Ltd. has announced the completion of a significant asset transaction involving the execution of a repurchase agreement. The deal involves a financial leasing company, which is ultimately controlled by the Chongqing State-owned Assets Supervision and Administration Commission, and a vehicle dealer wholly owned by Mr. Li Shuibo. The parties involved in the transaction are confirmed to be independent third parties. Further details were provided in a supplemental announcement issued on September 25, 2025.**
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