Voluntary announcement - entering into of the repurchase agreement
Filed with HKEX · Stock code 1122 · · 12 pages · English
Summary by 6ix AI
Qingling Motors Co., Ltd. has announced the entry into a Repurchase Agreement with a financial leasing company and other parties to facilitate the sale of new energy vehicles through a finance lease model. The agreement allows the company to repurchase leased vehicles under certain conditions, enhancing its sales strategy for new energy vehicles. The company believes this model will help boost sales and improve capital liquidity while providing performance guarantees for its products. The announcement is made voluntarily and does not constitute a notifiable transaction under the listing rules due to the low percentage ratios involved.
Written by 6ix AI from the company’s filing. How 6ix writes summaries
Qingling Motors Co., Ltd. on 6ix
Earlier from Qingling Motors
- Monthly return for the month ended 30 September 2026
- Major transaction - entering into of the repurchase agreements
- 2026 Interim Report
- Poll results of extraordinary general meeting and changes of executive directors, vice chairman and general manager
- Qingling Motors: Supplemental announcement to continuing connected transactions
Later from Qingling Motors
- Change of principal place of business in Hong Kong
- Major and connected transaction - acquisition of approximately 30.43% equity interests in IEC
- Delay in despatch of circular in relation to major transaction - entering into of the repurchase agreements
- Disclosable and connected transaction - capital reduction of qingling moulds
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