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Sinotruk Hong Kong Shareholders Approve 2026 Weichai Parts Purchase Agreement

Story Highlights
  • Sinotruk Hong Kong shareholders approved the 2026 Weichai Parts Purchase Agreement and its annual cap.
  • Majority shareholder CNHTC and the share scheme trustee abstained, leaving independent investors to pass the resolution.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Sinotruk Hong Kong Shareholders Approve 2026 Weichai Parts Purchase Agreement

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Sinotruk Hong Kong ( (HK:3808) ) has issued an update.

Sinotruk (Hong Kong) Limited announced that its shareholders overwhelmingly approved, by poll, the ordinary resolution linked to the 2026 Weichai Parts Purchase Agreement and the related annual cap for transactions for the year ending 31 December 2026, at an extraordinary general meeting held on 22 December 2025. Despite the required abstentions from voting by the scheme trustee and majority shareholder CNHTC, independent shareholders representing a substantial portion of the free float supported the resolution, paving the way for continued parts procurement from Weichai under defined limits and reinforcing the company’s supply-chain arrangements and governance procedures for connected transactions.

The most recent analyst rating on (HK:3808) stock is a Hold with a HK$22.40 price target. To see the full list of analyst forecasts on Sinotruk Hong Kong stock, see the HK:3808 Stock Forecast page.

More about Sinotruk Hong Kong

Sinotruk (Hong Kong) Limited is a Hong Kong–listed company in the commercial vehicle and related components sector, operating through a structure that includes a controlling shareholder, China National Heavy Duty Truck Group (CNHTC), and a restricted share award scheme for employees. Its shares are widely held by public and independent shareholders, with CNHTC owning a majority stake and a trustee holding a small proportion of unvested shares under the share scheme.

Average Trading Volume: 4,981,645

Technical Sentiment Signal: Buy

Current Market Cap: HK$75.21B

For detailed information about 3808 stock, go to TipRanks’ Stock Analysis page.

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