China National Heavy Duty Truck Group (03808.HK): The China Banking and Insurance Regulatory Commission has approved the dissolution of China National Heavy Duty Truck Finance Corporation.

date
11/11/2025
Wisdom Financial APP news, China National Heavy Duty Truck Group Co., Ltd. (03808.HK) issued an announcement regarding the automatic liquidation of China National Heavy Duty Truck Financial Services Co., Ltd. The board of directors announced that China National Heavy Duty Truck Financial Services Co., Ltd. received a reply from the China Banking and Insurance Regulatory Commission on November 10, 2025. According to the reply, the China Banking and Insurance Regulatory Commission agreed to dissolve China National Heavy Duty Truck Financial Services Co., Ltd. and as of November 10, 2025, the company should cease all business activities and handle relevant dissolution procedures in accordance with the relevant laws and regulations. The company will make further disclosures on the progress of the automatic liquidation in subsequent periodic reports.