Weichai Heavy Machinery Co., Ltd. or "renamed" rose for three days

On the evening of May 31, Weichai Heavy Machinery issued an announcement stating that, since May 25th, the company's stock prices have accumulated a deviation of 20% from the closing price increase in three consecutive trading days, which is an abnormal fluctuation of stock trading. After inquiring the controlling shareholder and the company's management, the board of directors believes that the company has no major information that should be disclosed but not disclosed. The production and business activities are all normal. It is expected that the first half of 2009 will grow by 20% to 50% year-on-year.

Weichai Heavy Machinery Co., Ltd. (hereinafter referred to as Weichai Heavy Machinery Co., Ltd.) has announced that “in order to comply with the development status after the reorganization of the company”, the company’s full Chinese name was changed from “Shandong Juli Co., Ltd.” to “Wujie Heavy Machinery Co., Ltd. Co., Ltd." Since May 25, the stock short name was changed from "Shandong Juli" to "Weichai Heavy Machinery."

On the same day, Weichai Heavy Machinery also issued a more important announcement announcement. The announcement said that on May 7, 2009, the Governor of the Shandong Provincial People's Government Office of the Minutes of the Office agreed in principle to implement the reorganization of Weichai Holdings, the controlling shareholder of Weichai Heavy Machinery, Shandong Construction Machinery Group, and Shandong Automotive Industry Group, to form a joint Shandong Heavy Industry Group Co., Ltd.

Wei Yong, secretary of the Board of Weichai Power Co., Ltd., said in an interview with the media that this reorganization is only a reorganization at the level of major shareholders. As for whether there will be adjustments in business after the reorganization, there is currently no plan.

It is worth noting that the performance of the stock prices of the other two listed companies involved in the reorganization mentioned above is very different from that of Weichai Heavy Machinery.

Weichai Power began three consecutive trading days since May 25, with A shares falling 3.82% and H shares gaining 1.6%. Shantui shares only rose by 3.6%.