Jiangling Motors forecasts 2026 related-party transactions and FX hedging
Jiangling Motors Corporation has announced its 2026 forecast for daily related-party transactions and foreign exchange hedging activities, approved at its eleventh board of directors' eleventh meeting on December 19, 2025. The company forecasts total related-party transactions for 2026 exceeding CNY 56.46 million, categorized into Class A (over CNY 560 million) and Class B (between CNY 56.46 million and CNY 560 million). These transactions are necessary for ongoing operations and are conducted on fair and transparent terms, with independent director approval.
Key related parties include Jiangling Motors Group Finance Co., Ltd., Jiangling Motors Import & Export Co., Ltd., Jiangling Motors Group Co., Ltd., and Ford Motor Company. The company also disclosed that actual related-party transaction amounts for January-October 2025 were lower than projected 2025 annual figures for several entities, due to adjustments in commercial activities.
In addition, Jiangling Motors received board approval for its 2026 foreign exchange hedging program, aiming to mitigate exchange rate risks through forward foreign exchange settlement with a maximum value of $5,000 million and €800 million. This hedging strategy focuses on reducing exchange rate volatility and does not involve speculative trading.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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