Weichai Power Announces Share Cancellation and Capital Reduction
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Weichai Power Company Limited announced the repurchase and cancellation of part of its restricted shares under the Restricted Share Incentive Scheme of A Shares. The company will follow the procedures for capital reduction and share cancellation as per Shenzhen Stock Exchange and China Securities Depository and Clearing Corporation Limited requirements. The repurchase price adjustment for these shares has also been disclosed.
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