Group 1 - Wuling Motors (00305.HK) announced that its indirect controlling shareholder, Guangxi Automobile Group Co., Ltd. ("Guangxi Automobile"), will transfer 80% of its shares to Guangxi State Capital Operation Group Co., Ltd. ("Guangxi State Capital") at zero consideration [1] - Guangxi State Capital is a wholly-owned company of the Guangxi State-owned Assets Supervision and Administration Commission ("Guangxi SASAC") and will assume the role of investor on behalf of Guangxi SASAC [1] - The purpose of this transfer is to optimize the layout of state-owned capital in the region [1] Group 2 - After the completion of this restructuring, Guangxi State Capital will hold 80% of Guangxi Automobile's shares, while Guangxi Automobile will remain the controlling shareholder with approximately 56.54% of the issued share capital [1]
五菱汽车(00305.HK)：广西国资委将广西汽车80%股权以零对价方式划转至广西国控