Xin Lang Zheng Quan·2025-10-09 15:30Core Viewpoint - Weichai Power Co., Ltd. announced the progress of its A-share repurchase plan on October 9, 2025, indicating a strategic move to reduce registered capital through share buybacks [1] Summary by Sections Repurchase Plan Overview - The company held its fourth temporary board meeting on April 29, 2025, and subsequently convened the second temporary shareholders' meeting on May 20, 2025, to approve the repurchase plan. The plan involves using self-owned and self-raised funds to repurchase A-shares through centralized bidding, with a maximum repurchase price set at 23.57 yuan per share, later adjusted to 23.22 yuan per share after the 2024 dividend distribution on July 25, 2025. The total funds allocated for the repurchase are between 500 million yuan and 1 billion yuan, with a repurchase period of 12 months from the approval date [2] Latest Repurchase Progress - As of September 30, 2025, the company has repurchased a total of 50,252,475 A-shares, representing approximately 0.58% of the current total share capital. The highest transaction price was 15.43 yuan per share, while the lowest was 14.57 yuan per share, with a total expenditure of 761,492,999.13 yuan (excluding transaction fees) [3] Compliance Statement - The company confirmed that the repurchase complies with relevant laws and regulations, as well as the established repurchase plan. The timing, quantity, and pricing of the repurchased shares adhere to the regulations set forth by the "Listed Company Share Repurchase Rules" and the "Shenzhen Stock Exchange Self-Regulatory Guidelines No. 9 - Share Repurchase." The company ensured that repurchases did not occur during significant events that could impact share prices and followed all regulatory requirements during the buyback process [4]