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Qingling Motors Corrects Share Transfer Consideration to RMB 661.36 Million

By Public Technologies
  • Qingling Motors clarified consideration under its share transfer agreement at approximately RMB 661.36 million, correcting its October 9, 2026, announcement.
  • The consideration reflects the target company's net asset value less safety reserves, proportional to the transferor's shareholding.
  • The estimated fair market value of the approximately 30.43% stake in IEC was corrected to approximately RMB 662.16 million.
  • Circular dispatch postponed to November 25, 2026, from November 15, 2026, to allow more time to finalize information.


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. Qingling Motors Co. Ltd. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20261111-12409015), on November 11, 2026, and is solely responsible for the information contained therein.

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