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An announcement from Wuling Motors Holdings Limited ( (HK:0305) ) is now available.
Independent shareholders of Wuling Motors Holdings Limited have approved, by poll, the company’s 2026–2028 Mutual Product and Services Supply Framework Agreement governing continuing connected transactions, including sale and purchase transactions and their proposed annual caps. The resolution, scrutinised by the company’s Hong Kong branch share registrar, was passed with 100% of the votes cast by independent shareholders, after the controlling shareholder Guangxi Automobile and its associates, which hold about 56.54% of the company’s issued shares, abstained from voting as required by listing rules. The approval secures the regulatory basis for Wuling Motors to continue product and service flows with connected parties over the 2026–2028 period, providing clarity and continuity for its operational arrangements and relationships with key stakeholders.
The most recent analyst rating on (HK:0305) stock is a Sell 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 is a Hong Kong-listed company engaged in the automotive sector, focusing on the manufacture and supply of vehicles, auto components and related products and services, primarily serving the mainland China market through various supply and cooperation arrangements with affiliated entities.
Average Trading Volume: 1,625,656
Technical Sentiment Signal: Sell
Current Market Cap: HK$1.6B
See more insights into 0305 stock on TipRanks’ Stock Analysis page.