The latest update is out from Weichai Power Co ( (HK:2338) ).
Weichai Power Co., Ltd. has established an Environmental, Social, and Governance (ESG) Committee to enhance its sustainable development efforts and improve decision-making efficiency in ESG initiatives. The committee is tasked with formulating and overseeing the implementation of ESG strategies, assessing ESG risks and opportunities, and ensuring the company’s ESG policies are effectively managed. This move is expected to strengthen Weichai Power’s commitment to sustainability and improve its industry positioning by addressing material impacts on its business operations.
More about Weichai Power Co
Weichai Power Co., Ltd. operates in the manufacturing industry, focusing on the production of engines, powertrain systems, and related components. The company is a key player in the automotive and equipment manufacturing sectors, with a strong emphasis on technological innovation and sustainability.
YTD Price Performance: 51.97%
Average Trading Volume: 2,638
Technical Sentiment Signal: Strong Sell
Current Market Cap: $18.7B
Learn more about 2338 stock on TipRanks’ Stock Analysis page.