Weichai Power Co., Ltd. (02338) has issued an announcement stating that Ms. Jiang Yan's term as an independent non-executive director is set to conclude on June 28, 2026, after reaching the six-year maximum tenure stipulated by relevant Chinese regulations for such positions. Consequently, it is anticipated that Ms. Jiang Yan will retire from her role as an independent non-executive director and from other positions on relevant board committees at the upcoming annual general meeting.

Ms. Zhang Bo has been nominated as an independent non-executive director, with her appointment expected to take effect upon approval by shareholders at the annual general meeting. Her term is proposed to last until the conclusion of the company's annual general meeting for the fiscal year ending December 31, 2026, aligning with the end of the current board's term.

The board has also approved the appointment of Ms. Zhang as Chairperson of the Audit Committee and the Remuneration Committee, as well as a member of the Nomination Committee and the Environment, Social, and Governance (ESG) Committee, contingent upon her election as an independent non-executive director at the annual general meeting.