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Ballard says Weichai nominee directors Chen, Wang resign from board

PUBT·05/15/2026 10:18:45
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Ballard says Weichai nominee directors Chen, Wang resign from board
  • Ballard Power Systems said Weichai nominees Michael Chen and Huajie Wang resigned from board effective May 13.
  • Resignations followed sale of about 6,900,000 Ballard common shares by Weichai Power via Weichai Hong Kong.
  • Weichai stake fell below 15%, ending its right to appoint two directors under investor rights agreement.
  • Weichai will no longer have board nomination rights going forward.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Ballard Power Systems Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001279569-26-000453), on May 15, 2026, and is solely responsible for the information contained therein.