Weichai Power Co., Ltd. (hereinafter referred to as the "Company") held its seventh board meeting on March 26, 2026, and approved the "Proposal on the Repurchase and Cancellation of Certain Restricted A-Shares." According to the plan for the second phase of the repurchase of restricted A-shares in 2023, the Company will cancel 664,000 restricted A-shares. The total number of shares to be repurchased is 1,192,470 restricted A-shares, and the Compa
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Announcement on the Repurchase and Cancellation of Certain Restricted A-Shares and Reduction of Registered Capital
✨ AI Summary
Weichai Power Co., Ltd. announced its board's approval to repurchase and cancel 664,000 restricted A-shares as part of its 2023 repurchase plan. The total repurchase involves 1,192,470 shares, leading to a reduction in registered capital to RMB 8,690,473,096. This action requires a 45-day advance shareholder notification period. The company also provided details for debt applications and submission.
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