000338SZSE

Announcement on the Results of the Company's Repurchase of Part of Its A-Shares and Share Changes

Weichai Power Co., Ltd.··5 pages

✨ AI Summary

Weichai Power Co., Ltd. announced the completion of its A-share repurchase program. The company repurchased 50,252,475 shares for approximately RMB 761.5 million, representing 0.58% of total shares. This action, within the planned RMB 10 billion limit, is not expected to negatively impact the company's operations or controlling rights. The repurchased shares will be held in a special account.

Summary generated by AI · Always verify with source document

Full Translation

AI Translation· azure_openai

Weichai Power Co., Ltd. (hereinafter referred to as "the Company") held a board meeting on April 29, 2025, and announced the results of the repurchase of part of its A-shares on May 20, 2025. The Company agreed to use its own funds to repurchase A-shares, with the total amount not exceeding RMB 10 billion. The repurchase was planned to be completed within 12 months.

The Company repurchased 50,252,475 A-shares through a special trading method on June 23, 2025, with the specific content disclosed on June 24, 2025. The repurchase price ranged from RMB 14.57 to RMB 15.43 per share, with a total expenditure of RMB 761,492,999.13 (not including transaction fees).

1. Implementation of the Repurchase

Sign in to read the full translation

Free accounts get 10 full releases per month. Pro subscribers get unlimited access.