Wuling Motors Holdings Limited has announced a corporate reorganization involving its indirect controlling shareholder, Guangxi Automobile Holdings Limited. In line with the policy set by the Guangxi Zhuang Autonomous Region Party Committee and Government, 80% of equity held by Guangxi SASAC in Guangxi Automobile will be transferred to Guangxi Guokong Capital Operation Group Co., Ltd., a state-owned enterprise, for nil consideration. This reorganization aims to optimize the structure of state-owned capital. Post-reorganization, Guangxi Automobile will still control 56.54% of Wuling Motors. The Securities and Futures Commission has waived Guangxi Guokong's requirement to make a general offer for Wuling's shares due to this reorganization.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Wuling Motors Holdings Limited published the original content used to generate this news brief on September 08, 2025, and is solely responsible for the information contained therein.
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