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Weichai Power Co. Strengthens Governance with New Nomination Committee

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Weichai Power Co. Strengthens Governance with New Nomination Committee

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Weichai Power Co ( (HK:2338) ) just unveiled an announcement.

Weichai Power Co., Ltd. has established a Nomination Committee within its Board of Directors to enhance its corporate governance structure. This committee is tasked with formulating selection criteria and procedures for directors and management personnel, reviewing candidates, and making recommendations to the board. The committee’s establishment is part of Weichai’s efforts to optimize board composition and ensure effective leadership, which could positively impact the company’s strategic direction and 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 automotive and equipment manufacturing sectors, catering to a global market with a diverse range of products.

Average Trading Volume: 8,620,698

Technical Sentiment Signal: Strong Buy

Current Market Cap: HK$143.9B

For detailed information about 2338 stock, go to TipRanks’ Stock Analysis page.

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