Qingling Motors Co. Ltd. announced the signing of several agreements on 30 December 2025 with Qingling Group and its subsidiaries. The agreements cover the supply of automobile chassis and related components by Qingling Motors to Qingling Group and Qingling Zhuanyong from 1 January 2026 to 31 December 2028, subject to approval by independent shareholders. Pricing will be determined with reference to market prices through arm's length negotiations. Additional agreements include the supply of automobile parts such as stamping components, compartments, and machining components by Qingling Group companies to Qingling Motors, with prices based on actual or reasonable costs plus a profit margin of up to 8%, or not higher than market prices. Other agreements involve the leasing of equipment by Qingling Group to Qingling Motors and the provision of consolidated services by the company to various Qingling Group subsidiaries. Terms of renewal or extension are subject to approval by the parties and compliance with relevant stock exchange requirements.
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 via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20251231-11971995), on December 31, 2025, and is solely responsible for the information contained therein.