305.HK

Fully Charged Wuling Motors Sets Sail On Completion of the Restructuring of New Energy Business

Retrieved on: 
Thursday, December 1, 2022

Wuling Motors, capitalized from the restructuring as an important participant, will expedite its in-depth deployment in the field of new energy vehicles in promoting a robust and comprehensive development in the new energy business.

Key Points: 
  • Wuling Motors, capitalized from the restructuring as an important participant, will expedite its in-depth deployment in the field of new energy vehicles in promoting a robust and comprehensive development in the new energy business.
  • After the restructuring, Wuling New Energy would integrate the resources from the group companies of Wuling Motors and focuses on R&D, manufacturing, and sales of new energy vehicles.
  • It can be expected that the better Wuling New Energy develops, the more opportunities and sustainable benefits Wuling Motors can enjoy.
  • Wuling New Energy is now integrated with the prime assets and resources of the group companies of Wuling Motors for enhancing its strengths in the field of new energy vehicles, while the re-positioned Wuling Motors in the new energy business segment is also fully charged with power.

Wuling Motors (00305.HK) Announces 2022 Interim Results

Retrieved on: 
Friday, August 26, 2022

HONG KONG, Aug 26, 2022 - (ACN Newswire) - On August 24, Wuling Motors (00305.HK), a Hong Kong-listed company, released its 2022 semi-annual performance report.

Key Points: 
  • HONG KONG, Aug 26, 2022 - (ACN Newswire) - On August 24, Wuling Motors (00305.HK), a Hong Kong-listed company, released its 2022 semi-annual performance report.
  • According to the announcement, the Hubei Jingmen production base built by Wuling Motors for in-depth cooperation with Great Wall Motors will be put into production in the second half of 2022.
  • Meanwhile, Wuling Industry, as a strategic supplier of Wuling New Energy, will continuously bring stable growth points for the company's performance as Wuling New Energy develops.
  • After Wuling Motors having gone through a painful period of transformation, the company's future can be expected.

The Wuling COVID Testing Cars will be delivered at the end of May

Retrieved on: 
Monday, May 23, 2022

In this context, "normalized COVID testing" and increasing the number of COVID testing places have become one of the key tasks of epidemic prevention and control.

Key Points: 
  • In this context, "normalized COVID testing" and increasing the number of COVID testing places have become one of the key tasks of epidemic prevention and control.
  • After contacting relevant people of Wuling Motors, the second-generation Wuling COVID testing car will be put on sale at the end of May.
  • Also, Wuling Motors related people shared with us the design drawings of the second-generation Wuling COVID testing car, which continues the consistent style of the national car.
  • Wuling Industry's COVID testing cars make COVID testing accessible to every person within 15 minutes of walk, serve the people with whole hearts, and ensure that all those in need are tested.

Wuling Motors: Integration of Advantageous Resources, New Progress in New Energy Restructuring

Retrieved on: 
Monday, April 4, 2022

HK) released the "Disclosable Transactions and Related Party Transactions and Continuing Related Party Transactions Regarding the Capital Increase of Wuling New Energy".

Key Points: 
  • HK) released the "Disclosable Transactions and Related Party Transactions and Continuing Related Party Transactions Regarding the Capital Increase of Wuling New Energy".
  • After the completion of the capital increase, Wuling New Energy will be owned 70%, 13.37%, and 13.13% by Guangxi Automobile Group, Wuling Motors, and Wuling Industry respectively.
  • The operation is mainly carried out by the subsidiary holding company Wuling Industry, of which Wuling Motor holds a 60.9% stake in Wuling Industry.
  • Guangxi Automobile Group holds 39.1% of the shares of the Wuling Industry, and Wuling New Energy, the invested party, is a wholly-owned subsidiary of Guangxi Automobile Group.