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Wuling Motors Holdings Limited ( (HK:0305) ) has issued an announcement.
Wuling Motors Holdings Limited, through its subsidiary Wuling Industrial, has entered into a 2026–2028 Modification Services Framework Agreement with connected party Wuling New Energy to continue providing vehicle modification services for a three-year term from 1 January 2026 to 31 December 2028, following the expiry of the previous 2025 framework. The agreement, which sets new annual caps for these transactions, is classified as a continuing connected transaction under Hong Kong Listing Rules due to the shareholding structure involving controlling shareholder Guangxi Automobile; while it triggers reporting and announcement requirements, it remains exempt from circular and independent shareholders’ approval thresholds, and was approved by the board with interested directors abstaining, underscoring the group’s ongoing operational ties and governance compliance in its new energy vehicle-related business.
The most recent analyst rating on (HK:0305) stock is a Buy with a HK$0.60 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 through its non-wholly owned subsidiary Wuling Industrial and is involved in automotive-related businesses, including cooperation with Wuling New Energy, a connected company engaged in new energy vehicle activities under the broader Guangxi Automobile group. The company’s operations include providing modification services within the automotive and new energy vehicle value chain, reflecting its strategic focus on supporting the development and customization of new energy vehicles in China.
Average Trading Volume: 1,877,001
Technical Sentiment Signal: Hold
Current Market Cap: HK$1.75B
For an in-depth examination of 0305 stock, go to TipRanks’ Overview page.