Weichai Power (02338.HK) plans to carry out entrusted wealth management business.

Intelligence Finance and Economics App News, Weichai Power (02338.HK) issued an announcement to improve the efficiency of fund utilization and increase fund income without affecting the company's normal operations, utilizing idle own funds to carry out entrusted wealth management business, which is beneficial to increase the company's cash asset income and create greater benefits for the company and shareholders. The investment amount is not more than 8 billion yuan, and this amount will be used in a revolving manner within 12 months after the expiration date of the amount approved by the previous board of directors of the company (July 4, 2026).