King Long Motor Group announces leadership changes and dividend plan

Xiamen King Long Motor Group announced its 2025 semi-annual report, alongside several key management and financial decisions. The company plans a cash dividend of 0.30 yuan per 10 shares, totaling 21,511,422.51 yuan, representing 18.51% of its net profit. The board also approved an increase in its subsidiary Suzhou King Long's auto financing guarantee limit for customers from 900 million yuan to 1.2 billion yuan.

In leadership changes, Liu Xiaoxia has been appointed as vice president, while Liu Yang has resigned from his vice president role. Additionally, Peng Xiaodong has been named the new chief financial officer, succeeding Liang Mingxuan. Huang Xunyou has been nominated as a new board director, subject to shareholder approval at the fourth extraordinary general meeting of 2025.

These strategic moves aim to strengthen the company’s operational and financial structure. The executive appointments and financial adjustments reflect the company's ongoing efforts to enhance competitiveness and ensure long-term sustainable development, as outlined in its semi-annual report.