Wuling Motors Enters Vehicle Export Agreement with Guangxi Automobile

Wuling Motors Holdings Limited ( (HK:0305) ) has shared an update.

Wuling Motors Holdings Limited has entered into a Vehicles Export Purchase Framework Agreement with Guangxi Automobile, setting an annual cap of RMB14,025,000 for transactions until the end of 2025. This agreement, classified as a continuing connected transaction, is subject to certain reporting and review requirements under Hong Kong’s Listing Rules, reflecting its strategic importance in enhancing Wuling’s market operations and stakeholder relations.

More about Wuling Motors Holdings Limited

Wuling Motors Holdings Limited operates in the automotive industry, primarily focusing on the production and export of vehicles. The company is significantly influenced by its major shareholder, Guangxi Automobile, which holds a controlling stake.

YTD Price Performance: 14.63%

Average Trading Volume: 3,802,538

Technical Sentiment Signal: Hold

Current Market Cap: HK$1.55B

See more insights into 0305 stock on TipRanks’ Stock Analysis page.