Core Viewpoint - Chongqing Machinery and Electric Co., Ltd. (02722) has seen a significant stock price increase of nearly 7%, with a cumulative rise of over 40% in the past four trading days, indicating strong market performance and investor interest [1] Group 1: Financial Performance - The company has actively responded to market changes this year, optimizing internal operations and enhancing management efficiency, which is expected to lead to good growth in revenue and total profit by year-end [1] - For Chongqing Cummins, the performance outlook for the full year of 2025 is positive, with revenue and total profit expected to achieve good year-on-year growth, reaching historical highs [1] Group 2: Market Developments - Chongqing Machinery and Electric Co. is set to be included in the MSCI Global Small Cap Index, effective after the market close on November 24, 2025, which may enhance its visibility and attractiveness to investors [1]

Core Viewpoint - Chongqing Machinery and Electric Co., Ltd. (02722) has seen a significant stock price increase of nearly 7%, with a cumulative rise of over 40% in the past four trading days, indicating strong market performance and investor interest [1] Group 1: Company Performance - The company is actively responding to market changes and optimizing internal operations, which has led to improved management efficiency [1] - For the year ending December 2023, the company expects to maintain a steady growth trajectory, with revenue and total profit projected to achieve good year-on-year growth, aligning with annual operational goals [1] - Chongqing Cummins, a subsidiary, has performed well in its traditional markets, with growth in line with initial forecasts, and has made positive breakthroughs in new markets such as data center backup power [1] Group 2: Financial Outlook - According to the unaudited financial statements for the period from January to October 2025, both revenue and total profit for Chongqing Cummins are expected to achieve good year-on-year growth, reaching historical highs [1] - The company has been included in the MSCI Global Small Cap Index, effective after the market closes on November 24, 2025, which may enhance its visibility and attractiveness to investors [1]

Core Insights - As of November 10, a total of 108 stocks reached their 52-week highs, with notable performers including Taijin Holdings (08321), OKURA HOLDINGS (01655), and Hejia Holdings (00704) achieving high rates of 125.00%, 84.90%, and 53.57% respectively [1] Summary by Category 52-Week Highs - Taijin Holdings (08321) closed at 0.620 with a peak price of 0.900, marking a 125.00% increase - OKURA HOLDINGS (01655) reached a closing price of 0.280 and a high of 0.355, reflecting an 84.90% rise - Hejia Holdings (00704) had a closing price of 0.345 and a peak of 0.430, showing a 53.57% increase - Other notable stocks include Sanhe Chemical (00301) with a 41.67% increase and Aide New Energy (02623) with a 36.25% rise [1] 52-Week Lows - Wangshan Wangshui-B (02630) recorded a closing price of 52.850 and a low of 51.000, resulting in a -21.84% decrease - Eight Horses Tea (06980) had a closing price of 52.850 and a low of 51.100, reflecting a -10.98% decline - New Enjoy Times (08519) reached a low of 0.270, marking a -10.00% drop - Other significant declines include Jiujiang Bank (06190) at -8.99% and Kun Group (00924) at -6.98% [3][4]

Core Viewpoint - Chongqing Machinery and Electric Co., Ltd. (02722.HK) experienced a significant increase in stock price, rising over 5% to reach 2.3 HKD per share, with a trading volume of 44.2957 million HKD [1] Group 1 - The stock price of Chongqing Machinery and Electric Co., Ltd. increased by 5.02% [1] - The current share price is reported at 2.3 HKD [1] - The trading volume reached 44.2957 million HKD [1]

Group 1 - Chongqing Machinery and Electric (02722) has seen a stock price increase of over 6%, currently trading at 2.3 HKD with a transaction volume of 44.3 million HKD [1] - Southwest Securities reports that diesel generators are crucial for data center backup power solutions, with the global diesel generator market for data centers expected to reach 83.4 billion RMB by 2028, growing at a CAGR of 6%, while the AIDC segment is projected to grow at a CAGR of 43% to 30.2 billion RMB [1] - Guoyuan International highlights that leading global diesel engine manufacturers include Cummins, Caterpillar, and MTU, which possess technological and brand advantages. Chongqing Machinery holds a 50% stake in Chongqing Cummins, the only large horsepower engine production base of Cummins in China [1] Group 2 - Chongqing Cummins manufactures large horsepower engines such as QSK60, QSK50, and K50, with market demand currently strong. Production capacity is expected to increase from 16,000 units per year to 23,000 units per year in the coming years, with a rising proportion of large horsepower products [1] - In the first half of 2025, the investment income from Chongqing Cummins is projected to reach 330 million RMB, representing a year-on-year increase of 27.6%, indicating stable growth potential for future earnings [1]

Core Viewpoint - Chongqing Machinery and Electric (02722) has seen a significant stock price increase, with a rise of over 6% and a current price of 2.3 HKD, reflecting strong market interest and positive outlooks from research reports [1] Group 1: Market Performance - The stock price of Chongqing Machinery and Electric increased by 5.02%, with a trading volume of 44.2957 million HKD [1] Group 2: Industry Insights - Southwest Securities reports that diesel generators are crucial for data center backup power solutions, benefiting from the requirements of AIDC for power output stability and durability, leading to an expected increase in market value [1] - The global market for diesel generators in data centers is projected to reach 83.4 billion RMB by 2028, with a CAGR of 6%, while the AIDC segment is expected to grow to 30.2 billion RMB, with a CAGR of 43% [1] Group 3: Company Positioning - Global leaders in diesel engines include international companies such as Cummins, Caterpillar, and MTU, which hold technological and brand advantages [1] - Chongqing Machinery and Electric owns a 50% stake in Chongqing Cummins, the only large horsepower engine production base of Cummins in China, manufacturing models like QSK60, QSK50, and K50 [1] - The market demand for large horsepower engines is robust, with production expected to increase from 16,000 units per year to 23,000 units per year in the coming years, and the proportion of large horsepower products is anticipated to rise [1] - In the first half of 2025, the investment income from Chongqing Cummins is projected to reach 330 million RMB, a year-on-year increase of 27.6%, indicating stable growth prospects for future earnings [1]

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其 準確性或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部分內容 而產生或因倚賴該等內容而引致的任何損失承擔任何責任。 Chongqing Machinery & Electric Co., Ltd. * 02722 自願性公告 關於反向路演投資者交流活動 為進一步加強與投資者互動交流，重慶機電股份有限公司（「本公司」）已於2025年11月5日 下午及2025年11月6日全天開展了反向路演投資者交流活動（「投資者交流活動」）。本次投 資者交流活動通過邀請投資者現場參與本公司管理層座談及本公司附屬公司之工廠參觀， 並在信息披露允許的範圍內就投資者普遍關注的問題進行回答，加深了投資者對本公司 業務運行情況的了解。 投資者關切 為確保本公司全體股東及潛在投資者均可平等及適時地獲得有關本公司及其營運的資料， 本公司已於本公告內載入投資者交流活動投資者普遍關注的若干事項摘要（「關注事項摘 要」），當中並不包含本公司尚未披露的內幕消息。本公司的股東及潛在投資者應注意， 關注事項摘要可能包含前瞻性陳述，就其性質而言，存在不確定性，而且 ...

Core Viewpoint - Chongqing Machinery and Electric Co., Ltd. (02722.HK) experienced a significant increase in stock price, rising over 11% in early trading and currently up 10.34% at HKD 1.92, with a trading volume of HKD 78.86 million [1] Summary by Category - **Stock Performance** - The stock price of Chongqing Machinery and Electric Co., Ltd. increased by over 11% in early trading [1] - As of the report, the stock is up 10.34%, priced at HKD 1.92 [1] - The trading volume reached HKD 78.86 million [1]

Core Viewpoint - Chongqing Machinery and Electric Co., Ltd. (02722) experienced a significant stock increase of over 11%, currently trading at 1.92 HKD with a transaction volume of 78.86 million HKD, indicating strong market interest in the company [1] Group 1: Company Performance - The stock price of Chongqing Machinery and Electric Co., Ltd. rose by 10.34% to 1.92 HKD, reflecting positive investor sentiment [1] - The trading volume reached 78.86 million HKD, suggesting active trading and interest in the company's shares [1] Group 2: Industry Insights - Microsoft CEO Satya Nadella highlighted that the current challenge in the AI industry is not an excess of computing power but rather a lack of sufficient electricity to support GPU operations [1] - According to a report by Shenwan Hongyuan, the global data center generator market is projected to grow from 6 billion USD in 2023 to 9 billion USD in 2026, and further to 12 billion USD by 2030 [1] - The demand for backup power in overseas AI data centers (AIDC) is significantly higher than in the domestic market, indicating a robust market opportunity [1] - Chongqing Machinery and Electric Co., Ltd. has a joint venture with Cummins, established in 1995, which has positioned it as a leading manufacturer of high-power engines in China [1]

Group 1 - Chongqing Machinery and Electric (02722) saw a significant increase in stock price, rising over 11% in early trading and currently up 10.34% at HKD 1.92, with a trading volume of HKD 78.86 million [1] - Microsoft CEO Satya Nadella and OpenAI CEO Sam Altman highlighted that the main issue facing the AI industry is not an excess of computing power, but rather a lack of sufficient electricity to support all GPU operations [1] - According to a report by Shenwan Hongyuan, the global data center generator market is projected to grow from USD 6 billion in 2023 to USD 9 billion in 2026, and further to USD 12 billion by 2030 [1] Group 2 - The construction wave of overseas AI data centers (AIDC) is significantly ahead of and larger in scale than that in the domestic market, creating a rigid demand for backup power that is several times greater than that of the domestic market [1] - Chongqing Machinery and Electric established a joint venture with Cummins in October 1995, forming Chongqing Cummins Engine Company, which has become a leading manufacturer of high-power engines in China [1]