<div id="readability-page-1"><h3>Claim 50% Off TipRanks Premium</h3><ul><li>Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions </li><li> Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential</li></ul>Weichai Power Co ( (HK:2338) ) has provided an announcement. Weichai Power Co., Ltd. announced that all resolutions proposed at its extraordinary general meeting on 30 January 2026 were approved by poll, including an extension of a non-competition undertaking by Shandong Heavy Industry and the election of two new board members. Shareholders backed the appointment of Zhang Weili as an independent non-executive director and Wang Yanlei as a non-executive director until the conclusion of the 2026 annual general meeting, and the company confirmed related changes in the composition of its board committees, signaling a refreshed governance structure and continued efforts to manage potential conflicts of interest within the group. The most recent analyst rating on (HK:2338) stock is a Buy with a HK$34.00 price target. To see the full list of analyst forecasts on Weichai Power Co stock, see the HK:2338 Stock Forecast page. More about Weichai Power Co Weichai Power Co., Ltd. is a Chinese joint stock company listed in Hong Kong, operating in the heavy machinery and powertrain sector through the design and manufacture of engines and related industrial equipment. The company serves both domestic and international markets, supplying power systems and components for commercial vehicles, construction machinery and other industrial applications. Average Trading Volume: 19,225,200 Technical Sentiment Signal: Buy Current Market Cap: HK$232.7B </div>

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Weichai Power Co., Ltd. announced that shareholders approved all resolutions at its extraordinary general meeting on January 30, 2026. This includes extending a non-competition agreement with Shandong Heavy Industry and electing two new directors: Zhang Weili as an independent non-executive director and Wang Yanlei as a non-executive director. These changes aim to enhance governance and manage conflicts of interest. The stock has a Buy rating with a target price of HK$34.00 and a market cap of HK$232.7B.

Weichai Power Shareholders Approve Governance Changes and New Directors at EGM