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Weichai Power Co ( (HK:2338) ) has provided an announcement.
Weichai Power Co., Ltd. has established an Audit Committee within its Board of Directors to enhance decision-making and corporate governance. This committee is tasked with auditing the company’s financial information, ensuring effective management supervision, and overseeing internal and external audit processes. The formation of this committee aligns with regulatory requirements and aims to bolster transparency and accountability, potentially strengthening stakeholder confidence.
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 manufacturing industry, focusing on the production of engines, powertrain systems, and related components. The company is a significant player in the global market, particularly in the heavy-duty vehicle sector.
Average Trading Volume: 8,620,698
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$143.9B
For a thorough assessment of 2338 stock, go to TipRanks’ Stock Analysis page.