Weichai Heavy Machinery Co., Ltd. cancelled the acquisition of Weichai Power Westport New Energy Engine Co., Ltd from from Weichai Holding Group Co.,Ltd., Westport Innovation (Hong Kong) Co., Ltd., Peixin Natural Gas Equipment Co., Ltd. and Guanya Equity Investment Fund Partnership Enterprise (L.P.), managed by Shenzhen Guanya Equity Investment Fund Management Co., Ltd.
July 24, 2023
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Weichai Heavy Machinery Co., Ltd. (SZSE:000880) agreed to acquire Weichai Power Westport New Energy Engine Co., Ltd from Weichai Holding Group Co.,Ltd., Westport Innovation (Hong Kong) Co., Ltd., Peixin Natural Gas Equipment Co., Ltd. and Guanya (Shanghai) Equity Investment Fund Partnership Enterprise (L.P.), managed by Shenzhen Guanya Equity Investment Fund Management Co., Ltd. on October 26, 2022. The transaction is approved by board of directors of Weichai Heavy Machinery Co., Ltd. (SZSE:000880) and is subject to regulatory approvals.
Weichai Heavy Machinery Co., Ltd. (SZSE:000880) cancelled the acquisition of Weichai Power Westport New Energy Engine Co., Ltd from from Weichai Holding Group Co.,Ltd., Westport Innovation (Hong Kong) Co., Ltd., Peixin Natural Gas Equipment Co., Ltd. and Guanya (Shanghai) Equity Investment Fund Partnership Enterprise (L.P.), managed by Shenzhen Guanya Equity Investment Fund Management Co., Ltd. on July 25, 2023.
Weichai Heavy Machinery Co., Ltd. is a China-based company principally engaged in the development, manufacture and sales of marine power and power generation equipment. The Company's principal products include marine main push equipment, electric push equipment, power generation equipment, pump power engines, as well as propulsion system integration products, such as engines, gear boxes, shafting, propellers, and remote control systems. The Company is also involved in the provision of complete solutions including internal design and integrated management.
Weichai Heavy Machinery Co., Ltd. cancelled the acquisition of Weichai Power Westport New Energy Engine Co., Ltd from from Weichai Holding Group Co.,Ltd., Westport Innovation (Hong Kong) Co., Ltd., Peixin Natural Gas Equipment Co., Ltd. and Guanya Equity Investment Fund Partnership Enterprise (L.P.), managed by Shenzhen Guanya Equity Investment Fund Management Co., Ltd.