# Qingling Motors to acquire 30.43% stake in Isuzu Engine for RMB 660 million

Qingling Motors announced it entered into an equity transfer agreement with its controlling shareholder Qingling Group to acquire all of Qingling Group's 30.43% equity interest in Isuzu Engine for approximately RMB 660 million. Upon completion, Qingling Motors will hold a 50% equity interest in Isuzu Engine.

- Type: Acquisition
- Announced: 2026-10-09
- Where: China
- Value: $92.0M (660.0M CNY)
- Status: announced
- Products: engines
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Qingling Motors](https://endata.com/companies/29996.md) (acquirer)
- [Qingling Group](https://endata.com/companies/95731.md) (target)
- [Isuzu Engine](https://endata.com/companies/95732.md) (target)

## Sources

- [gmt8press.com](https://www.gmt8press.com/flash/detail/1550466), 2026-11-11: "Qingling Motors announced that on October 9, 2026, it entered into an equity transfer agreement with its controlling shareholder, Qingling Group, to acquire all of Qingling Group's 30.43% equity interest in Isuzu Engine for approximately RMB 660 million."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.