Weichai Power (2338) Announces Approval of All Resolutions at Extraordinary General Meeting

Bulletin Express
2025/10/31

Weichai Power Co., Ltd. (Stock Code: 2338) released the voting results of its Extraordinary General Meeting held on 31 October 2025, where all proposed ordinary resolutions were passed by poll. The EGM took place at 2:50 p.m. and addressed amendments to transaction-related rules, management measures on proceeds, and various sales and purchase agreements.

A total of 3,490,828,613 voting shares were represented at the EGM, accounting for approximately 40.2943% of the 8,663,328,821 total issued shares eligible to vote. Each ordinary resolution received more than half of the total votes in favor. Notably, the New Weichai Holdings Sale and Purchase Agreements, the New Shaanxi Automotive Sale and Purchase Agreements, and the New Weichai Freshen Air Supply and Purchase Agreements all achieved majority approval. The recently introduced Weichai New Energy Supply and Purchase Agreements also passed.

Shareholders required to abstain from voting, including Weichai Group Holdings Limited holding 1,422,550,620 A shares, did not vote on specific resolutions as disclosed. The meeting was supervised by independent scrutineers to ensure transparency and accuracy in the voting process.

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