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Hong Kong stock anomaly | Weichai Power (02338) fell more than 4% at the end, with large brokerage lowering full-year heavy truck sales forecast. Company transformation is effective but still requires time.
Weichai Power (02338) fell more than 4% at the close, as of the deadline, down 4.38% to HK$11.34, with a turnover of 0.17 billion Hong Kong dollars.
Weichai Power's Stake in Shandong Finance Reduced
Weichai Power Co. Announces CFO Transition
Weichai Power (02338): Wang Cuiping has been appointed as the Chief Financial Officer.
Weichai Power (02338) announced that Qu Hongkun has resigned as the company's chief financial officer due to work schedule changes, effective 2024...
Weichai Power (02338.HK): Capital increase for Shandong Heavy Industry Group Finance Co., Ltd.
Gelonghui November 12th | Weichai Power (02338.HK) announced that on November 11, 2024, the existing shareholders of Heavy Industry Finance Company (including the company, Shaanxi Fast Gear (a subsidiary with 51% equity owned by the company), Shandong Heavy Industry, Weichai Heavy Machinery, and Shantui Construction Machinery), as well as Sinotruk (Hong Kong), entered into a capital increase agreement with Heavy Industry Finance Company. Accordingly, the existing shareholders of Heavy Industry Finance Company and Sinotruk (Hong Kong) each agreed to make a total capital increase of 5.57568 billion yuan to Heavy Industry Finance Company. The total capital increase amount made by the group according to the capital increase agreement is in RMB.
Weichai Power (02338.HK): Wang Cuiping appointed as Chief Financial Officer.
Gelonghui, 12th November | Weichai Power (02338.HK) issued an announcement that Qu Hongkun has resigned as the company's Chief Financial Officer due to work schedule changes, effective from 11th November 2024. Wang Cuiping has been appointed as the company's Chief Financial Officer, effective from 11th November 2024.
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