WEICHAIPOWERCO.,LTD.(ajointstocklimitedcompanyincorporatedinthePeople’sRepublicofChinawithlimitedliability)(StockCode:2338)NOTICEOFEXTRAORDINARYGENERALMEETINGNOTICEISHEREBYGIVENthattheextraordinarygeneralmeeting(the‘‘EGM’’)ofWeichaiPowerCo.,Ltd.(the‘‘Company’’)willbeheldattheCompany’sconferenceroomat26MinshengEastStreet,Weifang,ShandongProvince,thePeople’sRepublicofChina(the‘‘PRC’’)on24December2007at2:,ifthoughtfit,:1.‘‘THATtheproposalfortheissue(the‘‘Issue’’)ofadditionalAShares(,tobetradedinRenminbiandlistedonTheShenzhenStockExchange)(‘‘AShares’’)andeachofthefollowingbeandareherebyapproved:(a)classandnominalvalueofASharestobeissued;(b)numberofASharestobeissued;(c)methodofpricedetermination;(d)targetinvestorsoftheIssue;(e)modeoftheIssue;(f)placeoflistingoftheAShares;(g)useofproceedsoftheIssue;(h)validityperiodoftheresolutionapprovingtheIssue;and(i)distributionofaccumulatedprofitsoftheCompanypriortocompletionoftheIssue.(noteA)’’–1–
2.‘‘THATtheproposalinrespectofthefeasibilityoftheprojectsinwhichtheproceedsoftheissueofnewAShares(,tobetradedinRenminbiandlistedonTheShenzhenStockExchange)oftheCompanywillbeusedbeandisherebyapproved.(noteB)’’3.‘‘THATtheauthorisationoftheBoardofDirectorswithfullpowertodealwiththerelevantmattersregardingtheissueofAShares(,tobetradedinRenminbiandlistedonTheShenzhenStockExchange)beandisherebyapproved.’’ASORDINARYRESOLUTIONS:4.‘‘THAT (‘‘RulesfortheManagementoftheUseofProceedsofWeichaiPowerCo.,Ltd.’’)beandareherebyapproved.(noteC)’’5.‘‘THAT (‘‘ExplanationofthePreviousUseofProceedsoftheBoardofDirectorsofWeichaiPowerCo.,Ltd.’’)beandisherebyapproved.(noteD)’’ByOrderoftheBoardofDirectorsWeichaiPowerCo.,,4November2007Notes:(A)Thesummaryoftheproposedissue(the‘‘Issue’’)ofadditionalAShares(,tobetradedinRenminbiandlistedonTheShenzhenStockExchange)(‘‘AShares’’)oftheCompanyissetoutbelow:(a)ClassandnominalvalueofASharestobeissued:OrdinarysharesdenominatedinRenminbi(Ashares)(b)NumberofASharestobeissued:Uptoandnotexceeding60,000,000AShares,tobedeterminedbytheBoardofDirectorsandthesponsoroftheIssue(c)Methodofpricedetermination:TheissuepriceoftheASharesshallnotbelowerthantheaveragesharepriceoftheAsharesoftheCompanyinthelast20tradingdaysortheaveragepriceoftheASharesoftheCompanyonthelasttradingdaypriortotheannouncementofthe (LetterofIntentoftheIssue),thefinalissuepricetobedeterminedbytheBoardofDirectorsandthesponsoroftheIssue.–2–
(d)TargetinvestorsoftheIssue:Naturalpersons,legalpersonsandsecuritiesinvestmentfundswithshareholderaccountsofRenminbiordinaryshares(AShares)withChinaSecuritiesDepositoryandClearingCorporationLimited,ShenzhenBranch( )andotherinvestors,whohavecompliedwiththerelevantrequirementsofChinaSecuritiesRegulatoryCommission( ),saveasforbiddenbythelaws,regulations,rulesandpoliciesofthePeople’sRepublicofChina.(e)ModeoftheIssue:,issuepriceandtheproportioninrespectofthesaidpre-emptiverightsshallbedeterminedbytheBoardofDirectorsbasedonmarketconditions.(f)PlaceoflistingoftheAShares:TheShenzhenStockExchange(g)UseofProceeds:TheproceedsoftheIssue,intheamountexpectedtobenotexceedingRMB5,580million,willbeusedasfollows:(i)RMB2,000millionfortheestablishmentoftheproductionlinesandrelatedequipmentof (Lanking)dieselengines;(ii)RMB1,500millionfortheestablishmentoftestingandanalysiscentresfordieselenginesandvehicles;(iii)RMB500millionfortheestablishmentofinformationplatformsforthecoordinationofthebusinessesofdieselengines,partsandcomponentsandvehicles;and(iv)RMB1,580millionfortheincreaseinthecapitalofcertainsubsidiariesoftheCompany,namely, (ShaanxiHeavyDutyVehicleCompanyLimited), (ShaanxiFastGearCompanyLimited)and (ZhuzhouGearCompanyLimited)forthedevelopmentoftheheavydutycommercialvehicleproject,multi-gearheavydutytransmissionindustrialisationprojectandpassengervehiclegearboxtechnicalre-engineeringproject,respectively.–3–
(h)ValidityperiodoftheresolutionapprovingtheIssue:12monthsfromthedateonwhichthisresolutionispassed(i)DistributionofaccumulatedprofitsoftheCompanypriortothecompletionoftheIssue:-thirdmajorityandtheapprovaloftheChinaSecuritiesandRegulatoryCommission( ).ForfurtherdetailsoftheIssue,pleaserefertothewebsiteof (JuChaoInformationWeb):.(B)FordetailsoftheproposalinrespectofthefeasibilityoftheprojectsinwhichtheproceedsoftheIssuewillbeused,pleaserefertothewebsiteof (JuChaoInformationWeb):.(C)Fordetailsof (“RulesfortheManagementoftheUseofProceedsofWeichaiPowerCo.,Ltd.”),pleaserefertothewebsiteof (JuChaoInformationWeb):.(D)Fordetailsof (‘‘ExplanationofthePreviousUseofProceedsoftheBoardofDirectorsofWeichaiPowerCo.,Ltd.’’),pleaserefertothewebsiteof (JuChaoInformationWeb):.(E)TheCompanywillnotprocessregistrationoftransfersofHshares(,whicharesubscribedand/orpaidforinHongKongdollarsandlistedonTheStockExchangeofHongKongLimited)(‘‘HShares’’)from24November2007to24December2007(bothdaysinclusive).,documentsontransfersofHSharesoftheCompany,accompaniedbytherelevantsharecertificates,mustbelodgedwiththeCompany’sH-ShareRegistrarandTransferOffice,notlaterthan4:’sH-ShareRegistrarandTransferOfficeisasfollows:ComputershareHongKongInvestorServicesLimited46/F.,HopewellCentre183Queen’sRoadEastWanchaiHongKong–4–
(F)HoldersofHSharesintendingtoattendtheEGMshouldcompleteandreturnthereplyslipforattendingtheEGMpersonally,byfacsimileorbyposttotheSecretarytotheBoardoftheCompany20daysbeforetheEGM().ThecontactdetailsoftheSecretarytotheBoardoftheCompanyareasfollows:SecuritiesDepartment197,SectionA,FuShouEastStreetHighTechnologyIndustrialDevelopmentZoneWeifangShandongProvinceThePeople’sRepublicofChinaPostalCode:261061TelephoneNo.:86(536)2297068FacsimileNo.:86(536)8197073(G)EachholderofHSharesoftheCompanyentitledtoattendandvoteattheEGMmay,bycompletingtheformofproxyoftheCompany,,theproxyholdersmayonlyvoteonapoll.(H)(a‘‘powerofattorney’’).Iftheformsofproxyissignedbythepersonauthorisedbytherelevantshareholderasaforesaid,therelevantpowerofattorneyandotherrelevantdocumentsofauthorisation(ifany),therelevantformofproxymustbeaffixedwiththecompanyseal/chopofthecorporateshareholderordulysignedbyitsdirectororanyotherpersondulyauthorisedbythatcorporateshareholderasrequiredbytheArticlesofAssociationoftheCompany.(I)’slegalrepresentativeoranyotherpersonauthorisedbytheboardofdirectorsorothergoverningbodyofsuchcorporateshareholderattendstheEGM,suchlegalrepresentativeorotherpersonshallproducehisproofofidentity,andproofofdesignationaslegalrepresentativeandthevalidresolutionorauthorisationdocumentoftheboardofdirectorsorothergoverningbodyofsuchcorporateshareholder(asthecasemaybe)toprovetheidentityandauthorisationofthatlegalrepresentativeorotherperson.(J)AnyproposaltoappointanypersontotheofficeofdirectoroftheCompanyattheEGMshallbegiveninwritingand,noticeinwritingbythatpersonofhisconsenttobeelectedasdirectorshallbe,lodgedattheregisteredofficeoftheCompanyat197,SectionA,FuShouEastStreet,HighTechnologyIndustrialDevelopmentZone,Weifang,ShandongProvince,thePeople’(andinclude)thedayafterthedateofthisnoticeoftheEGMandendon(andexclude)thedatethatisten(10)daysbeforethedateoftheEGM.(K),,,;,,,,,,,,,;,,.–5–
