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The latest announcement is out from Weichai Power Co ( (HK:2338) ).
Weichai Power Co., Ltd. has established a Remuneration Committee to enhance its corporate governance by overseeing the appraisal and remuneration management system for its directors and management personnel. This committee is tasked with formulating and reviewing remuneration policies and schemes, ensuring alignment with legal requirements and corporate governance codes. The move is expected to strengthen the company’s governance structure and provide clear guidelines for executive compensation, potentially impacting stakeholder confidence and the company’s operational efficiency.
The most recent analyst rating on (HK:2338) stock is a Buy with a HK$18.30 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. operates in the automotive and equipment manufacturing industry, focusing on the production of engines, powertrains, and related components. The company is a key player in the market, providing products and services that cater to the needs of various sectors including commercial vehicles, construction machinery, and marine applications.
Average Trading Volume: 8,620,698
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$143.9B
See more insights into 2338 stock on TipRanks’ Stock Analysis page.