Weichai Power signed a capital increase agreement with Shaanxi Fast Gear, Shandong Heavy Industry, Weichai Heavy Machinery, Shantui Construction Machinery, and Sinotruk (Hong Kong) shareholders on November 11, 2024, collectively injecting RMB 5,575.68 million into Shandong Heavy Industry Group Finance Co., Ltd. Our group will invest RMB 784.08 million, with RMB 337.5 million for increasing registered capital and RMB 446.58 million for capital reserves. After completion, Weichai Power's equity in the Heavy Industry Finance Company will decrease from 37.50% to approximately 23.44%. This capital increase is a related party transaction, but as the percentage is less than 5%, only compliance with the declaration and announcement requirements of the listing rules is required without the approval of independent shareholders. The capital increase completion will have no impact on Weichai Power's consolidated financial statements, and the Heavy Industry Finance Company will continue to be accounted for as an associated company. The completion of the transaction is subject to several conditions and is not guaranteed.

Weichai Power signed a capital increase agreement with Shaanxi Fast Gear, Shandong Heavy Industry, Weichai Heavy Machinery, Shantui Construction Machinery, and Sinotruk (Hong Kong) shareholders on November 11, 2024, collectively injecting RMB 5,575.68 million into Shandong Heavy Industry Group Finance Co., Ltd. Our group will invest RMB 784.08 million, with RMB 337.5 million for increasing registered capital and RMB 446.58 million for capital reserves. After completion, Weichai Power's equity in the Heavy Industry Finance Company will decrease from 37.50% to approximately 23.44%. This capital increase is a related party transaction, but as the percentage is less than 5%, only compliance with the declaration and announcement requirements of the listing rules is required without the approval of independent shareholders. The capital increase completion will have no impact on Weichai Power's consolidated financial statements, and the Heavy Industry Finance Company will continue to be accounted for as an associated company. The completion of the transaction is subject to several conditions and is not guaranteed.