Weichai Power Co., Ltd. (Stock code: 300904.SZ) plans to raise funds through private placement of no more than 600 million yuan.

Zhtng Cijng APP News, Weili Transmission (300904.SZ) announced that the company plans to issue A-shares to specific investors and raise a total amount of funds not exceeding 600 million yuan (including this amount). The funds raised, after deducting related issuance expenses, will be used for: wind power speed increaser intelligent factory (Phase 1), and supplementing working capital.