FilingReader Intelligence

Weichai Power to launch A-share buyback, seeks Hong Kong listing

April 29, 2025 at 05:29 PM UTCBy FilingReader AI

Weichai Power (SZSE:000338) announced plans to repurchase a portion of its A-shares using its own and self-raised funds, with the repurchased shares intended for cancellation to reduce registered capital. The buyback will be executed through centralized competitive bidding, with a price not exceeding CNY 23.57 per share, and a total investment ranging from CNY 500 million to CNY 1 billion. The repurchase period will last 12 months from the date of shareholder approval.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

SZSE:000338Shenzhen Stock Exchange

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