Core Viewpoint - Weichai Power Co., Ltd. has made significant progress in its A-share repurchase plan, having repurchased approximately 50.25 million shares, representing about 0.58% of its total share capital, with a total expenditure of approximately 761 million yuan [1][3]. Summary by Sections Repurchase Plan Overview - The repurchase plan was approved on April 29, 2025, and subsequently ratified by shareholders on May 20, 2025. The company intends to use its own and self-raised funds for the repurchase, aiming to reduce registered capital [2]. - The total repurchase fund is set between 500 million yuan and 1 billion yuan, with an initial price cap of 23.57 yuan per share, later adjusted to a maximum of 22.86 yuan per share due to dividend distributions [2]. Latest Repurchase Progress - As of November 30, 2025, Weichai Power has repurchased 50,252,475 shares, accounting for approximately 0.58% of the total share capital. The highest and lowest repurchase prices were 15.43 yuan and 14.57 yuan per share, respectively. The total amount spent on repurchases reached approximately 761 million yuan, exceeding the lower limit of 500 million yuan by 152.30% and achieving 76.15% of the upper limit of 1 billion yuan [3]. Price Adjustment and Compliance - The adjustment of the repurchase price cap was primarily due to the company's dividend distributions. The price cap was adjusted from 23.57 yuan to 22.86 yuan, which remains above the average repurchase price of approximately 15.15 yuan per share [4]. - The company confirmed that the repurchase activities comply with relevant regulations, ensuring that transactions did not occur during restricted periods and that the prices did not exceed daily price limits [4]. Future Plans - Weichai Power plans to continue the repurchase scheme within the designated timeframe, which lasts until May 20, 2026. There remains approximately 239 million yuan available for future repurchases based on the upper limit of 1 billion yuan [5].

Core Viewpoint - Weichai Power (000338)(02338) announced a share buyback plan, indicating a strategic move to enhance shareholder value and confidence in the company's future performance [1] Summary by Categories Share Buyback Details - As of November 30, 2025, the company has repurchased a total of 50.2525 million A-shares, which represents approximately 0.58% of the current total share capital [1] - The highest transaction price during the buyback was RMB 15.43 per share, while the lowest was RMB 14.57 per share [1] - The total amount spent on the buyback was RMB 761 million, excluding transaction fees [1] Compliance and Strategy - The buyback is in accordance with relevant laws and regulations, as well as the company's established share repurchase plan [1]

Core Viewpoint - Weichai Power (02338) announced a share buyback program, repurchasing a total of 50.25 million A-shares, which represents approximately 0.58% of the company's total share capital [1] Summary by Category Share Buyback Details - The company conducted the buyback through a special securities account via centralized bidding [1] - The highest transaction price was RMB 15.43 per share, while the lowest was RMB 14.57 per share [1] - The total amount paid for the buyback was RMB 761 million, excluding transaction fees [1] Compliance and Regulations - The buyback aligns with relevant laws and regulations, as well as the company's established share repurchase plan [1]

Core Viewpoint - Weichai Power (02338.HK) announced a share buyback program, repurchasing a total of 50,252,475 A-shares, which represents approximately 0.58% of the company's total share capital [1] Summary by Categories Share Buyback Details - The company conducted the buyback through a dedicated securities account via centralized bidding [1] - The highest transaction price was RMB 15.43 per share, while the lowest was RMB 14.57 per share [1] - The total amount paid for the buyback was RMB 761,492,999.13, excluding transaction fees [1] Compliance and Regulations - The buyback is in accordance with relevant laws and regulations, as well as the company's established share repurchase plan [1]

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不 負 責，對 其 準 確 性 或 完 整 性 亦 不 發 表 任 何 聲 明，並 明 確 表 示 概 不 就 因 本 公 告 全 部或任何部份內容而產生或因依賴該等內容而引起的任何損失承擔任何責任。 濰柴動力股份有限公司 WEICHAI POWER CO., LTD. （於 中 華 人 民 共 和 國 註 冊 成 立 的 股 份 有 限 公 司） （股 份 代 號：2338） 海外監管公告 於本公告刊發之日，本公司執行董事為馬常海先生、王德成先生、黃維彪先生、 孫 少 軍 先 生、袁 宏 明 先 生 及 馬 旭 耀 先 生；本 公 司 非 執 行 董 事 為 張 良 富 先 生、 Richard Robinson Smith先生及Michael Martin Macht先 生；本 公 司 獨 立 非 執 行 董 事 為 蔣 彥 女 士、遲 德 強 先 生、趙 福 全 先 生、徐 兵 先 生 及 陶 化 安 先 生。 本公告乃根據香港聯合交易所有限公司（「聯交所」）證券上市規則第13.10B條 而 作 出。 茲載列濰柴動力股份有限公司（「本公司」 ...

FF301 股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 截至月份: 2025年11月30日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 濰柴動力股份有限公司 呈交日期: 2025年12月1日 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | H | | 於香港聯交所上市 (註1) | | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 02338 | 說明 | H股 | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | 法定/註冊股本 | | | 上月底結存 | | | 1,943,040,000 | RMB | | 1 RMB | | 1,943,040,000 | | 增加 / 減少 (-) | | | | | | RMB | | | | 本月底結存 | | | 1,943,040,000 | RMB | | 1 RMB | | 1,943,040,000 | | 2. 股份分類 | 普通股 | 股 ...

Core Insights - Weichai Power is making significant advancements in the Solid Oxide Fuel Cell (SOFC) sector, achieving breakthroughs in technology and establishing partnerships with leading companies both domestically and internationally [1][2] - The sales of products related to data centers have increased over threefold year-on-year in the first three quarters, showcasing strong performance in both emerging industries and traditional business sectors [1][2] - The company has fully mastered core technologies across the entire value chain of SOFC, including battery, stack, system, and power station, which positions it well for future commercialization [1] Group 1: SOFC Developments - Weichai Power has signed a technology licensing agreement with Xilis in November 2025, indicating comprehensive mastery of SOFC technology [1] - The company is focusing on key applications such as AI data centers and industrial parks, launching new high-power metal-supported commercial products with significant improvements in efficiency and performance metrics [1] - Partnerships with major enterprises have been established to lay a solid market foundation for future large-scale commercialization of SOFC [1] Group 2: Traditional Business Performance - The sales of M-series large-bore engines exceeded 7,700 units in the first three quarters of 2025, reflecting a year-on-year growth of over 30% [2] - Products aimed at the data center market saw sales surpassing 900 units, marking an increase of over threefold, contributing significantly to overall performance [2] - The rapid growth in the data center industry has driven demand for energy supply upgrades, highlighting the company's competitive advantages in reliability and efficiency [2] Group 3: Strategic Outlook - Weichai Power is committed to a development strategy that combines upgrading traditional businesses with breakthroughs in emerging sectors [2] - The successful implementation of SOFC technology and market expansion, along with explosive growth in the data center market, underscores the company's forward-looking positioning in the new energy sector [2] - As SOFC commercialization progresses and core market demands continue to grow, Weichai Power is expected to strengthen its leading position in the industry, contributing to energy structure transformation and high-end manufacturing upgrades [2]

Core Viewpoint - Weichai Power (000338.SZ) has announced a share buyback program, repurchasing a total of 50,252,475 A-shares, which represents approximately 0.58% of the company's total share capital, in compliance with relevant laws and regulations [1] Summary by Category - **Share Buyback Details** - The company has repurchased shares through a dedicated securities account via centralized bidding [1] - The highest transaction price was RMB 15.43 per share, while the lowest was RMB 14.57 per share [1] - The total amount paid for the buyback was RMB 761,492,999.13, excluding transaction fees [1]

Core Viewpoint - Weichai Power (000338.SZ) has announced the repurchase of A-shares, totaling 50,252,475 shares, which represents approximately 0.58% of the company's total share capital, in compliance with relevant laws and the company's established repurchase plan [1] Summary by Categories - **Share Repurchase Details** - The company has repurchased a total of 50,252,475 A-shares through a centralized bidding transaction [1] - The highest transaction price was RMB 15.43 per share, while the lowest was RMB 14.57 per share [1] - The total amount paid for the repurchase was RMB 761,492,999.13, excluding transaction fees [1] - **Compliance and Regulations** - The repurchase aligns with relevant legal regulations and the company's predetermined share repurchase plan [1]

Core Viewpoint - Weichai Power announced a share buyback plan, indicating a commitment to returning value to shareholders through repurchase of shares [1] Summary by Categories Share Buyback Details - As of November 30, 2025, the company has repurchased a total of 50.2525 million shares, which represents 0.58% of the total share capital [1] - The buyback price ranged from 14.57 CNY per share to 15.43 CNY per share [1] - The total funds used for the buyback amounted to 761 million CNY, excluding transaction costs [1]