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Weichai Power Co ( (HK:2338) ) has shared an update.
Weichai Power Co., Ltd. announced the successful approval of several resolutions during their Extraordinary General Meeting held on October 31, 2025. These resolutions include amendments to decision-making rules on connected transactions, management measures on the use of proceeds, and investment and operations rules. Additionally, new agreements regarding the sale and purchase of products and services with Weichai Holdings were approved, indicating a strategic move to enhance operational efficiency and strengthen business relationships. The approval of these resolutions is expected to positively impact the company’s operational capabilities and market positioning.
The most recent analyst rating on (HK:2338) stock is a Hold with a HK$17.00 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 in the manufacturing industry, focusing on the production and sale of diesel engines, diesel engine parts, and related components. The company also engages in the sale of vehicles, loaders, harvesters, and hydraulic products, serving a broad market that includes both domestic and international stakeholders.
Average Trading Volume: 11,460,809
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$136.7B
See more data about 2338 stock on TipRanks’ Stock Analysis page.