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Weichai Power Co ( (HK:2338) ) has issued an announcement.
Weichai Power Co., Ltd. has announced an extraordinary general meeting scheduled for October 31, 2025, to seek shareholder approval for several proposed amendments and agreements. These include changes to decision-making rules on connected transactions, management measures on the use of proceeds, and various sale and purchase agreements with associated companies. The approval of these resolutions is expected to streamline operations and enhance the company’s strategic partnerships, potentially impacting its market positioning and stakeholder relations.
The most recent analyst rating on (HK:2338) stock is a Buy with a HK$22.80 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 based in the People’s Republic of China, primarily operating in the manufacturing and sale of diesel engines, engine parts, and related components. The company is focused on the automotive and industrial sectors, providing products and services to various subsidiaries and associated companies.
Average Trading Volume: 11,062,300
Technical Sentiment Signal: Buy
Current Market Cap: HK$133.8B
See more data about 2338 stock on TipRanks’ Stock Analysis page.