SEHK:2338Machinery
Does Weichai Power (SEHK:2338)ʼs Governance Revamp Mark a Turning Point in Minority Shareholder Alignment?
Weichai Power has refreshed its governance structure, with long-serving executive director Sun Shaojun retiring in January 2026, new director appointments proposed, and a non-competition undertaking from controlling shareholder Shandong Heavy Industry set for extension, while its April 2025 share buyback completed with 50,252,475 shares repurchased for CNY 761.49 million.
Together, these steps tighten oversight of related-party interests, clarify Shandong Heavy Industry’s competitive...