Weichai Power Subsidiary Renews Customer Financing Framework with Connected Leasing Firm

An update from Weichai Power Co ( (HK:2338) ) is now available.

Weichai Power Co., Ltd. has announced that its subsidiary Weichai Lovol entered into a new framework agreement with Huiyin Leasing on 19 December 2025 to continue a business model under which the Weichai Lovol Group provides guarantees for loans granted by the Huiyin Leasing Group to customers purchasing Weichai Lovol products. The transaction is classified as a continuing connected transaction under Hong Kong listing rules because Huiyin Leasing is treated as a connected person through common ownership ties with substantial shareholder Shandong Heavy Industry; as the relevant percentage ratios exceed 0.1% but remain below 5%, the arrangement is subject to reporting, announcement and annual review requirements, but exempt from independent shareholders’ approval, allowing the company to maintain its customer financing support while staying within the compliance framework.

The most recent analyst rating on (HK:2338) stock is a Hold with a HK$17.00 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 PRC-based joint stock company listed in Hong Kong and Shenzhen, primarily engaged in the research, development, manufacture and sale of high-speed heavy-duty diesel engines and related engine parts. Its subsidiary Weichai Lovol focuses on intelligent agricultural machinery and solutions, producing tractors and various types of harvesting machinery and equipment for the agricultural sector.

Average Trading Volume: 17,666,860

Technical Sentiment Signal: Buy

Current Market Cap: HK$170B

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