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Wuling Motors Says Outdated Connected-Party List Causes Listing Rule Breaches

PUBT·11/03/2026 10:49:10
Wuling Motors Says Outdated Connected-Party List Causes Listing Rule Breaches
  • Wuling Motors will not resume or renew Bank of Liuzhou bill discounting services following connected-transaction compliance breaches.
  • The group clarified it learned only in early August 2026 that the bank had become a connected person effective January 1.
  • Independent shareholders will be asked to ratify transactions involving 27 bank acceptance bills with an aggregate face value of approximately RMB 86.94 million.
  • The agreement expires March 11, 2027; approximately RMB 16.6 million in outstanding discounted bills will settle at maturity.
  • Future bill discounting will come exclusively from independent third-party banks; management expects no material adverse operational or financial impact.


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 via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20261103-12397865), on November 03, 2026, and is solely responsible for the information contained therein.