Weichai Power Co., Ltd. (hereinafter referred to as "the Company") and all members of the Board of Directors guarantee that the content of this information disclosure is true, accurate, and complete, without any false records, misleading statements, or significant omissions.
The Company held its fourth interim Board meeting of 2025 on April 29, 2025, and the second interim shareholders' meeting, the second A-share shareholders' meeting, and the second H-share shareholders' meeting on May 20, 2025. The meetings reviewed and approved the proposal on the repurchase of part of the Company's A shares, agreeing to use self-owned and self-raised funds to repurchase part of the A shares through centralized bidding. The repurchased shares are intended for cancellation to reduce the registered capital of the Company, with a repurchase price not exceeding RMB 23.57 per share and a total repurchase fund of no less than RMB 500 million and no more than RMB 1 billion. The repurchase period is within 12 months from the date of approval by the shareholders' meeting.
Specific details can be found in the Company's announcements published on the Giant Tide Information Network (http://www.cninfo.com.cn) on April 30, 2025, May 21, 2025, and June 4, 2025.
Additionally, considering that the dividend distribution plans for the year 2024 and the mid-term dividend distribution plan for 2025 have been completed on July 25, 2025, and October 24, 2025, respectively, the upper limit of the repurchase price has been adjusted to not exceed RMB 22.86 per share. Specific details can be found in the Company's announcements published on the Giant Tide Information Network on July 19, 2025, and October 18, 2025.