Group 1 - Wuling Motors (00305) announced that it received a notification from its indirect controlling shareholder, Guangxi Automobile Group Co., Ltd. (Guangxi Automobile), regarding a significant restructuring [1] - The restructuring involves the transfer of 80% equity held by the Guangxi State-owned Assets Supervision and Administration Commission (Guangxi SASAC) in Guangxi Automobile to Guangxi State Capital Operation Group Co., Ltd. (Guangxi State Capital) at zero consideration [1] - Guangxi State Capital, a wholly-owned company of Guangxi SASAC, will assume the role of the investor on behalf of the state, aiming to optimize the layout of state-owned capital [1] Group 2 - After the completion of the restructuring, Guangxi State Capital will hold 80% of Guangxi Automobile's equity, while Guangxi Automobile will remain the controlling shareholder of Wuling Motors, holding approximately 56.54% of the issued share capital of the company [1]
五菱汽车：广西国资委将其持有广西汽车的80%股权以零对价方式划转至广西国控