WEICHAI POWER(02338)proposes spin-off of WEICHAI LOVOL X
23/06/2025 12:23
(Infocast News)     WEICHAI POWER(02338) proposed to spin-off and separately list the shares of Weichai Lovol, a non-wholly owned subsidiary of the Group, on the Main Board of the Hong Kong Stock Exchange by way of global offering.

On 20 June 2025, Weichai Lovol submitted, through its sole sponsor, a listing application to the Hong Kong Stock Exchange to apply for the listing of, and permission to deal in, the shares of Weichai Lovol on the Main Board of the Hong Kong Stock Exchange. A redacted form of the application proof of Weichai Lovol’s listing document is expected to be available for viewing and downloading on the website of the Hong Kong Stock Exchange (https://www1.hkexnews.hk/app/appindex.html).

Weichai Lovol and its subsidiaries are principally engaged in the intelligent agriculture equipment and smart agriculture business, being the development, manufacture and sale services of intelligent agriculture equipment and the supply of smart agriculture solutions along the full industry chain of tillage, planting, management, harvesting, drying and storage, with the main products being tractors and different types of harvest machinery and equipment. (SY)

#IPO  #spin-off 

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