Weichai Power announces new financial services agreement, ESG committee

Weichai Power (HKEX:2338) has announced a new three-year financial services agreement and the establishment of an Environmental, Social, and Governance (ESG) Committee. The New Financial Services Agreement, effective June 30, 2025, and expiring June 29, 2028, continues a major and continuing connected transaction with Shandong Finance, a non-banking financial institution. The maximum daily deposit balance (including interest) for each of the three years is capped at RMB40 billion.