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Qingling Motors Co ( (HK:1122) ) has issued an announcement.
Qingling Motors Co announced the signing of a Repurchase Agreement on September 19, 2025, with a Financial Leasing Company and a Dealer. This agreement is part of the company’s strategy to shift its business model for new energy vehicles from traditional sales to a finance lease model. This model involves financial leasing services provided to end customers or dealers, with Qingling Motors Co offering repurchase obligations to ensure debt repayment. The transactions under this agreement are considered discloseable under the Hong Kong Stock Exchange Listing Rules, as they exceed certain percentage thresholds, thus requiring notification and announcement.
The most recent analyst rating on (HK:1122) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Qingling Motors Co stock, see the HK:1122 Stock Forecast page.
More about Qingling Motors Co
Qingling Motors Co is engaged in the production and sales of light, medium, and heavy-duty trucks, pick-up trucks, automobile parts, and accessories. The company has recorded growth in the sales volume of new energy vehicles and is focused on promoting the development of new energy and related industries.
Average Trading Volume: 2,713,228
Technical Sentiment Signal: Buy
Current Market Cap: HK$2.16B
For an in-depth examination of 1122 stock, go to TipRanks’ Overview page.