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Weichai Power Delays Circular Dispatch for Financial Services Agreement

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

Weichai Power Co., Ltd. announced a delay in the dispatch of a circular related to its New Financial Services Agreement, originally scheduled for release by April 22, 2025. The postponement to May 28, 2025, is due to the need for additional time to finalize certain information. This delay may impact stakeholders awaiting detailed information on the deposit services and related advisory letters, potentially affecting the company’s operational timelines and stakeholder engagement.

More about Weichai Power Co

Weichai Power Co., Ltd. is a joint stock limited company incorporated in the People’s Republic of China. It operates within the automotive and equipment manufacturing industry, focusing on the production of engines, powertrain systems, and related components. The company is a significant player in the market, providing essential products and services to the automotive and industrial sectors.

YTD Price Performance: 27.63%

Average Trading Volume: 2,680

Technical Sentiment Signal: Strong Sell

Current Market Cap: $18.06B

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