Weichai Power Co. Secures Shareholder Approval for Key Resolutions at AGM

Weichai Power Co ( (HK:2338) ) has issued an update.

Weichai Power Co., Ltd. announced the successful approval of all resolutions at its Annual General Meeting held on June 13, 2025. The resolutions included the approval of the company’s annual report, financial statements, and profit distribution plan for the year ended December 31, 2024. Additionally, the dissolution of the Supervisory Committee was announced, which may impact the company’s governance structure. The approval of these resolutions reflects strong shareholder support and positions the company for continued operational and financial planning for the upcoming year.

The most recent analyst rating on (HK:2338) stock is a Buy with a HK$20.00 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, primarily engaged in the manufacturing and distribution of engines and related components. The company operates within the automotive and industrial sectors, focusing on producing diesel engines, powertrains, and other related products.

Average Trading Volume: 12,044,536

Technical Sentiment Signal: Strong Buy

Current Market Cap: HK$144.7B

Learn more about 2338 stock on TipRanks’ Stock Analysis page.