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Ballard Signs Historic Strategic Collaboration With Weichai Power, Advancing China Strategy Equity investment of approximately $163M from Weichai, at 15% premium; Weichai to be Ballard’s largest shareholder Deal includes $90M technology transfer, Joint Venture establishment, Weichai commitment for at least 2,000 fuel cell commercial vehicles Broad-Ocean Motors to increase holdings to retain 9.9% ownership for additional proceeds of approximately $20M VANCOUVER, BC, CANADA and JINAN & WEIFANG, CHINA – Ballard Power Systems (NASDAQ: BLDP; TSX: BLDP) today announced at a public event in Jinan, Shandong Province, China that it has entered into a strategic collaboration with Weichai Power Co., Ltd. (“Weichai”; http://en.weichaipower.com/), which includes