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Weichai Power Co ( (HK:2338) ) has provided an update.
Weichai Power Co., Ltd. has announced an Extraordinary General Meeting (EGM) set for February 10, 2025, to discuss several significant corporate actions. Key agenda items include the election of Mr. Huang Weibiao as an executive director and approval of share repurchase and cancellation under its Incentive Scheme. These resolutions could impact Weichai’s capital structure and board composition, potentially influencing shareholder value and operational strategy.
More about Weichai Power Co
Weichai Power Co., Ltd. is a joint stock limited company based in the People’s Republic of China. It operates within the high-tech industrial sector, focusing on manufacturing and providing powertrain systems and components. The company is publicly traded on the Hong Kong Stock Exchange.
YTD Price Performance: 13.49%
Average Trading Volume: 6,602
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $16.82B
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