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Weichai Power Announces EGM and Register Closure for Governance Amendments

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Weichai Power Announces EGM and Register Closure for Governance Amendments

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The latest update is out from Weichai Power Co ( (HK:2338) ).

Weichai Power Co., Ltd. has announced the closure of its register of members in preparation for an extraordinary general meeting (EGM) scheduled for October 31, 2025. The meeting will address proposed amendments to corporate governance policies and new framework agreements concerning non-exempt continuing connected transactions. Shareholders must ensure their eligibility to vote by lodging transfer documents by October 24, 2025. This move is part of Weichai Power’s efforts to strengthen its governance and operational agreements, potentially impacting its market positioning and stakeholder relations.

The most recent analyst rating on (HK:2338) stock is a Buy with a HK$16.50 price target. To see the full list of analyst forecasts on Weichai Power Co stock, see the HK:2338 Stock Forecast page.

More about Weichai Power Co

Weichai Power Co., Ltd. is a joint stock limited company incorporated in the People’s Republic of China. It operates within the power equipment industry, focusing on the production and development of engines and related components. The company is listed on the Hong Kong Stock Exchange and engages in various connected transactions to enhance its corporate governance and operational frameworks.

YTD Price Performance: 29.70%

Average Trading Volume: 10,905,349

Technical Sentiment Signal: Buy

Current Market Cap: HK$134.3B

Find detailed analytics on 2338 stock on TipRanks’ Stock Analysis page.

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