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Qingling Motors Shareholders Approve Multi-Year Supply and Sales Agreements

Story Highlights
  • Qingling Motors’ independent shareholders approved multiple new supply and sales agreements, including chassis, parts, molds and hydrogen modules, with caps set through 2028.
  • The votes establish a clearer framework for continuing connected transactions while key interested shareholders abstained, highlighting governance over related-party dealings and long-term supply stability.
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Qingling Motors Shareholders Approve Multi-Year Supply and Sales Agreements

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Qingling Motors Co ( (HK:1122) ) just unveiled an announcement.

Independent shareholders of Qingling Motors Co. have approved a series of new supply and sales agreements at an extraordinary general meeting held on 15 May 2026. The resolutions cover new arrangements for chassis, parts, molds, hydrogen-powered modules, Bosch-related sales, and other auto parts and materials, each with annual caps set through the end of 2028.

The approvals formalize a multi-year framework for continuing connected transactions with key partners, providing greater visibility over future component supply and sales flows. Major shareholders Qingling Group and Isuzu, which hold significant stakes and have material interests in several of the agreements, abstained from voting in line with connected transaction rules, underscoring governance procedures around related-party dealings.

More about Qingling Motors Co

Qingling Motors Co. is a Sino-foreign joint venture joint stock company incorporated in the People’s Republic of China and listed in Hong Kong under stock code 1122. The company operates in the automotive sector, focusing on the production and supply of vehicle chassis, parts, modules and related auto components to domestic and international partners, including major strategic shareholders.

Average Trading Volume: 3,140,052

Technical Sentiment Signal: Hold

Current Market Cap: HK$2.41B

For an in-depth examination of 1122 stock, go to TipRanks’ Overview page.

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