Core Insights - The article highlights the achievements of ten distinguished entrepreneurs who have significantly contributed to China's economic landscape, showcasing their courage, vision, and resilience in various industries [2][33]. Group 1: Industrial Leadership - Chen Jinghe, founder of Zijin Mining, transformed the company from a small local enterprise into a global mining giant by overcoming technical challenges and establishing an international strategy [5][37]. - Ma Changhai, chairman of Weichai Power, led the company through a comprehensive reform process, focusing on mastering core technologies and achieving breakthroughs in heavy-duty engines and hydraulic systems [7][40]. - Both Chen and Ma's stories symbolize China's industrial evolution from scale chasing to technological and value chain leadership [8][40]. Group 2: Manufacturing Excellence - Cold Friend, chairman of Feihe Dairy, adopted a long-term strategy to ensure the safety and quality of infant formula, establishing a complete supply chain from pasture to product [9][43]. - Wu Xiangdong, chairman of Guizhou Zhenjiu, transitioned from brand management to controlling core production capacities through strategic acquisitions, enhancing the cultural value of Chinese liquor [11][45]. - Ma Yin, founder of Anaya, created a unique cultural and tourism destination that emphasizes the integration of business and humanity, setting a new value benchmark in the real estate sector [14][47]. Group 3: Technological Innovation - Peng Jun, chairman of Pony.ai, is pioneering the field of autonomous driving, addressing complex challenges in algorithms and hardware to redefine future transportation [19][53]. - Zhao Deli, founder of XPeng, is working on flying cars, tackling significant technical and regulatory challenges to establish a new industry in low-altitude economy [22][56]. - Liu Debing, chairman of Zhipu AI, is focused on developing AI infrastructure with independent intellectual property rights, marking a significant step in China's AI industry [23][60]. - Han Bicheng, founder of Strong Brain Technology, is innovating in brain-computer interfaces, contributing to advancements in life sciences and assistive technologies [25][58]. Group 4: Social Responsibility and Vision - Lu Mai, former vice chairman of the China Development Research Foundation, emphasizes the importance of early childhood development in rural areas, advocating for immediate action to support children's growth [16][50]. - The article underscores the entrepreneurial spirit as a driving force behind China's transition from manufacturing to value creation, highlighting the importance of social responsibility and cultural heritage in business [18][52].

Group 1 - The top three companies with the highest AH premium rates are Northeast Electric (00042) at 831.03%, Zhejiang Shibao (01057) at 339.32%, and Sinopec Oilfield Service (01033) at 323.71% [1][2] - The bottom three companies with the lowest AH premium rates are CATL (03750) at -14.62%, China Merchants Bank (03968) at -3.22%, and Hengrui Medicine (01276) at 1.77% [1][2] - Sinopec Oilfield Service (01033), Andeli Juice (02218), and Shandong Molong (00568) have the highest deviation values at 53.41%, 21.68%, and 19.01% respectively [1][2] Group 2 - The companies with the lowest deviation values include Zhejiang Shibao (01057) at -58.91%, Yangtze Optical Fibre and Cable (06869) at -49.00%, and Fudan Zhangjiang (01349) at -24.81% [1][2][4] - The top ten AH stocks by premium rate include companies like Hongye Futures (03678) and Beijing Electromechanical (00187) with premium rates of 258.91% and 257.99% respectively [2] - The bottom ten AH stocks by premium rate include Weichai Power (02338) and Midea Group (00300) with premium rates of 6.84% and 8.51% respectively [2]

格隆汇1月29日丨潍柴动力(000338.SZ)在投资者互动平台表示，公司没有涉及航天航空和卫星发射业 务。公司正在进行固态电池产业化落地研发工作。 ...

格隆汇1月29日丨潍柴动力(000338.SZ)在投资者互动平台表示，公司没有涉及航天航空和卫星发射业 务。公司正在进行固态电池产业化落地研发工作。 ...

Core Insights - The article highlights the increasing demand for electricity in various sectors such as data centers, communication power, large power plants, and industrial facilities, leading to a structural gap between traditional energy supply and diversified, high-reliability power demand [1] - Shandong Heavy Industry Group has elevated power energy to a major business segment, with its subsidiary Weichai Power actively competing in the high-end global power energy market, traditionally dominated by industry giants [1] Group 1 - Weichai Power has developed a comprehensive range of power energy products, including diesel generators, multi-fuel gas power products, and solid oxide fuel cells (SOFC), to meet diverse energy needs across different industries and scenarios [1][2] - In 2009, Weichai initiated global resource integration by strategically restructuring the century-old French brand Baudouin, filling the gap in high-speed engines over 16L, and expanding its power energy product matrix [2] - Weichai's strategic investment in the UK-based SOFC supplier, Ceres, in 2018 has led to the development of the world's first high-power commercial SOFC product in 2023, achieving a thermal efficiency of 92.55%, setting a global record [2] Group 2 - Weichai is focusing on high-end power products, with the launch of the "Giant" 20M61 diesel generator at the Dubai Power Energy Exhibition in April 2025, aimed at capturing the high-end data center power assurance market [3] - The company is also advancing in the new energy sector with a diverse product matrix including hydrogen internal combustion engines and SOFCs, providing green energy solutions with high energy conversion efficiency [3] - By 2025, Weichai's power products are expected to achieve global sales exceeding 100,000 units, positioning the company among the top three globally, while expanding its market presence in Europe, Southeast Asia, and the Middle East [4] Group 3 - Weichai aims to deepen its focus on the global high-end market, transitioning from a traditional equipment manufacturer to an energy solutions provider, with the goal of establishing a leading position in the global energy transition [4]

香港联交所最新资料显示，1月23日，摩根大通减持潍柴动力（02338）562.9684万股，每股作价25.5673 港元，总金额约为1.44亿港元。减持后最新持股数目约为1.5亿股，最新持股比例7.74%。 责任编辑：卢昱君 热点栏目 自选股 数据中心 行情中心 资金流向 模拟交易 客户端 责任编辑：卢昱君 香港联交所最新资料显示，1月23日，摩根大通减持潍柴动力（02338）562.9684万股，每股作价25.5673 港元，总金额约为1.44亿港元。减持后最新持股数目约为1.5亿股，最新持股比例7.74%。 热点栏目 自选股 数据中心 行情中心 资金流向 模拟交易 客户端 ...

Core Viewpoint - Morgan Stanley has reduced its stake in Weichai Power (000338)(02338) by 5.629684 million shares at a price of HKD 25.5673 per share, totaling approximately HKD 144 million, resulting in a new holding of about 150 million shares, representing a 7.74% ownership [1] Group 1 - Morgan Stanley's recent share reduction indicates a strategic shift in its investment approach towards Weichai Power [1] - The total amount from the share reduction is approximately HKD 144 million, reflecting a significant transaction in the market [1] - After the reduction, Morgan Stanley's remaining shares in Weichai Power stand at around 150 million, which constitutes a 7.74% stake [1]

Group 1 - Morgan Stanley reduced its stake in Weichai Power (02338) by 5.629684 million shares at a price of HKD 25.5673 per share, totaling approximately HKD 144 million [1] - After the reduction, Morgan Stanley's latest shareholding stands at approximately 150 million shares, representing a holding percentage of 7.74% [1]

Group 1 - BlackRock's long position in Weichai Power Co., Ltd. H-shares increased from 6.6% to 7.17% as of January 22, 2026 [1]

Core Viewpoint - The report highlights the AH premium rates of various stocks, indicating significant disparities between H-shares and A-shares, with some stocks showing extremely high premiums while others exhibit negative premiums [1][2]. Group 1: Top AH Premium Rates - Northeast Electric (00042) leads with an AH premium rate of 847.37%, followed by Zhejiang Shibao (01057) at 349.31% and Beijing Jingcheng Machinery Electric (00187) at 279.42% [1][2]. - The lowest AH premium rates are recorded for Contemporary Amperex Technology (03750) at -14.34%, China Merchants Bank (03968) at -4.99%, and Heng Rui Medicine (01276) at -1.15% [1][2]. Group 2: Top AH Deviation Values - Junshi Biosciences (01877) has the highest deviation value at 22.43%, followed closely by Beijing Jingcheng Machinery Electric (00187) at 22.18% and CanSino Biologics (06185) at 21.90% [1][3]. - The lowest deviation values are observed in Changfei Optical Fiber (06869) at -50.58%, Zhejiang Shibao (01057) at -45.38%, and Nanhua Futures (02691) at -27.12% [1][4]. Group 3: Detailed AH Premium and Deviation Rankings - The top ten AH stocks by premium rate include companies like Hongye Futures (03678) with a premium of 271.30% and Sinopec Oilfield Service (01033) at 248.51% [2]. - The bottom ten AH stocks by premium rate include WuXi AppTec (02359) with a slight premium of 0.42% and Midea Group (00300) at 6.75% [2]. - The top ten stocks by deviation also feature companies like Goldwind (02208) at 19.35% and Andeli Juice (02218) at 19.04% [3].