---
title: "Qingling Motors Expands New Energy Vehicle Leasing With Discloseable Repurchase Deal"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/284802913.md"
description: "Qingling Motors Co (HK:1122) has announced a new repurchase agreement with a financial leasing company and a dealer, effective until April 30, 2026. This agreement is part of its strategy to enhance sales of new energy vehicles through finance lease arrangements. The transactions, which include previous agreements since late 2024, are classified as discloseable under Hong Kong listing rules, requiring notification but not higher-level approval. Qingling Motors specializes in manufacturing various trucks and is expanding its new energy vehicle segment, achieving sales growth in this area."
datetime: "2026-04-30T15:29:09.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/284802913.md)
  - [en](https://longbridge.com/en/news/284802913.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/284802913.md)
---

# Qingling Motors Expands New Energy Vehicle Leasing With Discloseable Repurchase Deal

### Claim 55% Off TipRanks

-   Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
-   Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks

Qingling Motors Co ( (HK:1122) ) just unveiled an update.

Qingling Motors Co has entered into a new repurchase agreement with a financial leasing company and a dealer dated 30 April 2026, as part of its broader strategy to support sales of its new energy vehicles through finance lease arrangements. Under this model, leasing firms fund end customers or dealers, who pay rent to the lessor while Qingling provides repurchase obligations to the financial leasing company.

The latest repurchase agreement must be aggregated with a series of similar previous repurchase agreements signed since late 2024, all linked to the group’s new energy vehicle business and involving repurchase guarantees. On an aggregated basis, one of the applicable percentage ratios exceeds 5% but remains below 25%, causing the set of transactions to be classified as a discloseable transaction under Hong Kong listing rules, triggering notification and announcement obligations but not higher-level approval requirements.

**More about Qingling Motors Co**

Qingling Motors Co is a Sino-foreign joint venture automotive manufacturer based in the People’s Republic of China, specializing in the production and sale of light, medium and heavy-duty trucks, pick-up trucks, and related automobile parts and accessories. The group has been expanding its presence in the new energy vehicle segment, where it has recorded sales growth and is focusing on developing new energy and related industries.

**Average Trading Volume:** 3,419,807

**Technical Sentiment Signal:** Buy

**Current Market Cap:** HK$2.66B

### Related Stocks

- [01122.HK](https://longbridge.com/en/quote/01122.HK.md)
- [515700.CN](https://longbridge.com/en/quote/515700.CN.md)
- [516380.CN](https://longbridge.com/en/quote/516380.CN.md)
- [515030.CN](https://longbridge.com/en/quote/515030.CN.md)

## Related News & Research

- [China NEV retail sales fall 12% year-on-year in first 17 days of May](https://longbridge.com/en/news/287065148.md)
- [BYD delays flagship electric SUV launch as preorders surge to over 100,000](https://longbridge.com/en/news/286797437.md)
- [Chinese car dealerships take over Britain as drivers back cheap EVs](https://longbridge.com/en/news/286916331.md)
- [BYD in talks with automakers over European factory takeovers](https://longbridge.com/en/news/286502331.md)
- [Xiaomi reportedly plans ‘Sky Nomad’ sub-brand with range extender models](https://longbridge.com/en/news/287029031.md)