According to Zhitong Finance App, Qingling Auto Co., Ltd. (01122.HK) announced that on October 16, 2026 (after the trading period), the company, Qingling Group and Qingling Mold signed a capital reduction agreement. According to this, Qingling Group plans to reduce the capital of about 49.4% of its shares in Qingling Mold, at a cost of about 202 million yuan. Thus, the registered capital of Qingling Mold will be reduced from about 309 million yuan to about 156 million yuan, and the corresponding reduction in registered capital is about 153 million yuan. After the capital reduction is completed, the company's shareholding ratio of Qingling Mold will increase from about 50.6% to 100%. Qingling Mold will remain a subsidiary of the company, and its financial results will continue to be incorporated into the Group's comprehensive financial statements.

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