Weichai New Energy Power Technology Co., Ltd. announced that it has entered into a capital increase agreement of CNY 589 million with existing shareholders Weichai Power Co. Ltd. holding 70% of stake and Sinotruk Hydrogen Energy holding 30% of the stake on March 12, 2026. The company has issued common shares in the transaction.

The transaction is expected to be completed by April 30, 2026.