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Qingling Motors Co ( (HK:1122) ) just unveiled an announcement.
Qingling Motors has called an extraordinary general meeting for 22 April 2026 in Chongqing to vote on a sweeping overhaul of its board of directors. Shareholders will consider accepting the resignation of six executive directors and two independent non-executive directors, and will authorize the board to terminate their service contracts on terms it deems appropriate.
The meeting will also ask shareholders to approve the appointment of five new executive directors and two new independent non-executive directors, with terms running until the 2027 annual general meeting, and to empower the board to set their remuneration and contractual arrangements. In addition, investors will vote on amendments to the company’s business scope and rules on appointing and changing its legal representative, signaling potential strategic adjustments in Qingling Motors’ operations and governance framework.
The most recent analyst rating on (HK:1122) stock is a Hold with a HK$1.00 price target. To see the full list of analyst forecasts on Qingling Motors Co stock, see the HK:1122 Stock Forecast page.
More about Qingling Motors Co
Qingling Motors Co. Ltd. is a Sino-foreign joint venture joint stock company incorporated in the People’s Republic of China and listed in Hong Kong. The company operates in the automotive sector, focusing on commercial vehicles and related new energy technologies, with research and development facilities in Chongqing that support its intelligent network and new energy commercial vehicle initiatives.
YTD Price Performance: -2.17%
Average Trading Volume: 8,655,703
Technical Sentiment Signal: Hold
Current Market Cap: HK$2.23B
For detailed information about 1122 stock, go to TipRanks’ Stock Analysis page.