No Data
No Data
Returns On Capital Signal Tricky Times Ahead For Weichai Power (HKG:2338)
Weichai Power's Stake in Shandong Finance Reduced
Weichai Power Co. Announces CFO Transition
Weichai Power (02338.HK): Capital increase for Shandong Heavy Industry Group Finance Limited Company
November 12th, Gelonghui, Weichai Power (02338.HK) announced that on November 11, 2024, the existing shareholders of Heavy Industry Finance Company (including the company, Shanxi Fast Gear (a subsidiary company holding 51% equity), Shandong Heavy Industry, Weichai Heavy Machinery, and Shantui Construction Machinery) along with Sinotruk (Hong Kong) entered into a capital increase agreement with Heavy Industry Finance Company. In accordance, 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 Chinese yuan.
Weichai Power (02338.HK): Wang Cuiping appointed as Chief Financial Officer.
Glory Times, November 12th - Weichai Power (02338.HK) announced that Qu Hongkun has resigned as the company's CFO due to work arrangement changes, effective from November 11, 2024. Wang Cuiping has been appointed as the new CFO, also effective from November 11, 2024.
Express News | Weichai Power - Each of Existing Equity Holders of Shandong Finance and Sinotruk HK to Make Capital Contribution to Shandong Finance of RMB5,575.68 M