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Guangzhou Automobile Group Secures Approval for Corporate Bond Issuance

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Guangzhou Automobile Group Secures Approval for Corporate Bond Issuance

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Guangzhou Automobile Group Co ( (HK:2238) ) has provided an announcement.

Guangzhou Automobile Group Co., Ltd. held its 2025 third extraordinary general meeting on September 29, 2025, where shareholders approved resolutions related to the company’s eligibility to issue corporate bonds and the proposed issuance size. The meeting complied with PRC Company Law and the Hong Kong Listing Rules, with a significant majority of shareholders voting in favor of the resolutions, indicating strong support for the company’s financial strategies.

The most recent analyst rating on (HK:2238) stock is a Hold with a HK$3.50 price target. To see the full list of analyst forecasts on Guangzhou Automobile Group Co stock, see the HK:2238 Stock Forecast page.

More about Guangzhou Automobile Group Co

Guangzhou Automobile Group Co., Ltd. is a joint stock company incorporated in the People’s Republic of China, primarily engaged in the automotive industry. The company focuses on the production and sale of a wide range of vehicles, including passenger cars and commercial vehicles, and is listed on the Stock Exchange of Hong Kong.

YTD Price Performance: -3.04%

Average Trading Volume: 26,558,854

Technical Sentiment Signal: Buy

Current Market Cap: HK$69.56B

Find detailed analytics on 2238 stock on TipRanks’ Stock Analysis page.

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