Weichai Power (SHE:000338, HKG:2338) controlling shareholder Weichai Holding Group plans to boost its A-share holdings by 200 million yuan to 400 million yuan.
The move will be undertaken via centralized bidding over the next six months, according to a Wednesday filing with the Shenzhen bourse.
Shares of the power company rose 3% in recent trade on the Shanghai and Hong Kong bourses.