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An announcement from Wuling Motors Holdings Limited ( (HK:0305) ) is now available.
Wuling Motors Holdings Limited has announced the establishment of a new subsidiary, YuanCore Driver Technology Company Limited, to specialize in low-speed automated driving systems. This strategic move aims to enhance the company’s capabilities in R&D, manufacturing, and providing integrated solutions for by-wire chassis and unmanned vehicles, thus aligning with its strategic development goals and fostering long-term growth.
The most recent analyst rating on (HK:0305) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Wuling Motors Holdings Limited stock, see the HK:0305 Stock Forecast page.
More about Wuling Motors Holdings Limited
Wuling Motors Holdings Limited operates in the automotive industry, focusing on the development and production of vehicles and automotive components. The company is involved in the intelligent transformation of the automotive sector, with a market focus on low-speed automated driving systems and solutions.
Average Trading Volume: 4,411,440
Technical Sentiment Signal: Sell
Current Market Cap: HK$1.62B
For an in-depth examination of 0305 stock, go to TipRanks’ Overview page.