Wuling Motors Shareholders to Vote Aug. 27 on Contract Renewal with Affiliate

MT Newswires Live07-29

Shareholders of Wuling Motors Holdings (HKG:0305) will meet Aug. 27 to vote on the renewal of a new energy framework agreement between unit Liuzhou Wuling Motors Industrial and affiliate Liuzhou Wuling New Energy Motors, a Monday bourse filing said.

Some annual caps for transactions under the agreement have also been revised and are subject to shareholder approval.

Liuzhou Wuling New Energy Motors is owned by Guangxi Automobile Holdings, the ultimate beneficial controlling shareholder of new-energy vehicle firm Wuling Motors.

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