Skip navigation
Newswire

BRIEF-Qingling Motors says He Yong resigns as chairman

Sept 26 (Reuters) - Qingling Motors Group Co Ltd

* Qingling Motors-...More 1. Resignation Of Chairman And Executive Director, Member Of Remuneration Committee, Member And Chairman Of Nomination Committee; 2. Appointment Of Acting Chairman, Member Of Remuneration Committee, Member And Chairman Of Nomination Committee; Inside Information; 3. Entering Into Of Cooperation Agreement Between Controlling Shareholder And Substantial Shareholder

* He Yong has left company due to change of work allocation, and has resigned as chairman and an executive director

* Li Juxing, a current executive director of company, has been appointed as acting chairman of company

* Board has been notified by Qingling group that it has entered into a cooperation agreement with Isuzu motors limited

* Total investment is expected to be approximately 120 million US dollars Source text for Eikon: Further company coverage: