Core Insights - Shandong Province has made significant advancements in energy technology innovation and equipment development since the start of the 14th Five-Year Plan, focusing on major technological breakthroughs and the promotion of advanced equipment [1][2][3] Group 1: Innovation Platform Development - Shandong has established a tiered innovation platform system, including the establishment of the Nuclear Science and Energy Power Institute at Shandong University to accelerate research in nuclear energy [1] - The American Nuclear Electric Institute's Yeqizhen Academy has achieved breakthroughs in key technologies such as nuclear-grade flow meters, enabling domestic substitution [1] - Weichai Group has set up the only National Fuel Cell Technology Innovation Center in the hydrogen energy sector [1] Group 2: Major Technological Demonstration Projects - The "Hydrogen into Thousands of Homes" project has successfully promoted over 2,000 hydrogen fuel cell vehicles, ranking fourth nationally, and established 38 hydrogen refueling stations, ranking second in the country [2] - The "Nuclear Power Future" project has made significant progress in optimizing parameters for the "Guohe No. 1" reactor and developing components for high-temperature gas-cooled reactors [2] - The perovskite solar cell project has advanced from laboratory scale to an integrated technology production line, positioning itself among the top tier in the country [2] Group 3: Innovative Achievements Filling Industry Gaps - Yantai Penglai has produced the world's longest 150-meter offshore wind turbine blades, used in the largest 26 MW offshore wind turbine, capable of supplying electricity for 55,000 households annually [3] - Weichai Power has developed the world's first high-power commercial solid oxide fuel cell with an efficiency of 92.55%, setting a global record [3] - Shandong Aiyu has created the highest efficiency photovoltaic ABC components in mass production globally [3] Group 4: Industry Development and Collaboration - Shandong has established three major offshore wind power equipment manufacturing bases and developed a complete lithium battery industry chain, with simultaneous advancements in solid-state, sodium, and flow batteries [4] - The province has formed nuclear energy equipment industrial clusters in Yantai and Weihai, collaborating with cities like Jinan and Zibo for heavy and specialized equipment [4] - The "Lu Hydrogen Economic Belt" is fostering leading enterprises in hydrogen energy across various stages of production, storage, transportation, and utilization, making Shandong one of the most complete hydrogen energy provinces in the country [4]

Core Viewpoint - The collaboration between Weichai Power and Xilius marks a significant advancement in China's solid oxide fuel cell (SOFC) industry, enabling a complete technological chain from battery to power station, thus breaking overseas technological barriers [1] Group 1: Energy Transition and SOFC Advantages - SOFC is recognized as a highly efficient power generation device, achieving over 90% overall efficiency and fuel flexibility, making it a key player in the global energy transition [2] - The rapid growth of the SOFC industry is driven by two main factors: the explosive growth of AI technology leading to increased energy demands in data centers, and supportive policies such as the U.S. Inflation Reduction Act providing significant tax credits for fuel cells [3][4] Group 2: Weichai Power's Strategic Development - Weichai Power has established a leading position in the domestic SOFC industry through a closed-loop model of "forward-looking layout - technological breakthroughs - commercial validation," showcasing a clear progression from technology introduction to full-chain integration [6] - The company has developed differentiated competitive capabilities in the SOFC field, launching several benchmark products, including the world's first high-power metal-supported commercial SOFC product with a record efficiency of 92.55% [7] - Weichai Power is focusing on core applications such as AI data centers and industrial parks, with plans to introduce next-generation high-power products that significantly enhance performance metrics [9] Group 3: Market Dynamics and Future Outlook - The SOFC industry is at a critical juncture, transitioning from technology validation to commercial explosion, with Weichai Power poised to leverage its comprehensive technological capabilities for global competition [9][10] - The promotion of "scenario-based demonstration" models is essential for overcoming initial trust issues in SOFC commercialization, allowing for rapid replication in various applications once stability is proven [8]

Core Viewpoint - The report from Daiwa indicates that the demand for heavy trucks in China is expected to remain sustainable due to the replacement cycle and potentially extended vehicle replacement subsidy policies, with strong demand also observed in emerging markets [1] Group 1: Market Forecast - The forecast predicts that the demand for liquefied natural gas (LNG) heavy trucks will increase, with total heavy truck sales in China expected to grow by 19% year-on-year to 1.07 million units this year [1] - Total sales are projected to rise to 1.12 million units next year, reflecting a year-on-year growth of 4% [1] Group 2: Company Ratings - Daiwa has identified Weichai Power as the preferred stock in the industry, upgrading its target price from HKD 18 to HKD 20.5, citing expectations of benefiting from the recovery of LNG truck demand and growth in high-power engine demand next year [1] - China National Heavy Duty Truck Group has been given an "outperform" rating, with its target price raised from HKD 21.7 to HKD 29.4 [1]

Core Viewpoint - The market is experiencing a bullish trend, with the Shanghai Composite Index surpassing 4000 points, driven by opportunities in AI-related sectors, particularly in computing power, storage, and electricity infrastructure [3][5][11]. Group 1: AI-Related Opportunities - The "four forces" driving market opportunities are computing power, transportation capacity, storage capacity, and electricity supply, with significant gains in stocks like Haiguang Information and Cambrian [3][6]. - The semiconductor industry is seeing a rebound, with major players like Haiguang Information and Cambrian experiencing substantial stock price increases [6][9]. - The storage chip sector is entering a new cycle of price increases, with SK Hynix confirming higher prices for HBM4 chips, indicating a potential "super cycle" driven by AI demand [9]. Group 2: Electricity Infrastructure - The electricity infrastructure sector is showing strong performance, with key stocks like Sunshine Power and TBEA reaching historical highs [11][15]. - The global demand for electricity equipment is expected to rise significantly, with projections indicating that electricity consumption in AI data centers will quadruple by 2030 [15]. - Recent investments in fixed assets and major projects in high-voltage direct current engineering are expected to boost the electricity infrastructure sector, with the State Grid's investment projected to exceed 650 billion yuan this year [15][16].

人民财讯11月6日电，潍柴动力（000338）11月6日在港交所公告，公司之董事会知悉今日本公司股份价 格上升及成交量上升，兹声明，董事会并不知悉任何导致上述变动的原因。于当前情况下作出一切有关 本公司之合理查询后，董事会确认，其并不知悉有关其股份之股份价格上升及成交量上升之任何原因， 或任何必须公布以避免本公司证券出现虚假市场的资料，又或任何根据香港法例第571章《证券及期货 条例》第XIVA部须予披露的任何内幕消息。 ...

Core Insights - The Shanghai Composite Index has surpassed 4000 points, driven by four key forces related to AI: computing power, transportation capacity, storage capacity, and electricity supply [1] Group 1: Computing Power - Stocks such as Haiguang Information and Cambricon have seen significant gains, indicating strong performance in the computing power sector [1] - The AI computing sector has shown impressive results in Q3, with ongoing interest in both North American and domestic computing chains [6] Group 2: Storage Capacity - The storage chip sector is experiencing a price increase, with SK Hynix confirming a price of approximately $560 for HBM4 chips, up from an expected $500 [7] - The storage chip market is entering a "super cycle" due to increased demand from the AI industry and previous supply constraints [7] Group 3: Transportation Capacity - Companies like Zhongji Xuchuang and Yuanjie Technology have also reported significant stock price increases, reflecting a robust transportation capacity sector [1][4] Group 4: Electricity Supply - The electricity infrastructure sector is gaining momentum, with companies like Weichai Power and Sunshine Power seeing substantial stock price increases [1][8] - The global demand for electricity is expected to rise significantly, with projections indicating that AI data centers will quadruple their electricity consumption by 2030 [12] - The National Grid's investment is projected to exceed 650 billion yuan this year, marking a significant increase in infrastructure spending [12]

潍柴动力（000338）(02338)发布公告，公司董事会知悉今日公司股份价格上升及成交量上升，兹声 明，董事会并不知悉任何导致上述变动的原因。 于当前情况下作出一切有关公司之合理查询后，董事会确认，其并不知悉有关其股份之股份价格上升及 成交量上升之任何原因，或任何必须公布以避免公司证券出现虚假市场的资料，又或任何根据香港法例 第571章《证券及期货条例》第XIVA部须予披露的任何内幕消息。 ...

于当前情况下作出一切有关公司之合理查询后，董事会确认，其并不知悉有关其股份之股份价格上升及 成交量上升之任何原因，或任何必须公布以避免公司证券出现虚假市场的资料，又或任何根据香港法例 第571章《证券及期货条例》第XIVA部须予披露的任何内幕消息。 智通财经APP讯，潍柴动力(02338)发布公告，公司董事会知悉今日公司股份价格上升及成交量上升，兹 声明，董事会并不知悉任何导致上述变动的原因。 ...

Core Viewpoint - Weichai Power (02338.HK) announced that its board of directors is unaware of any reasons for the recent increase in share price and trading volume [1] Summary by Relevant Sections - **Company Announcement** - The board of directors confirmed that after reasonable inquiries regarding the company's situation, they do not know of any reasons for the increase in share price and trading volume [1] - The board also stated that there is no information that must be disclosed to prevent the company's securities from appearing in a false market, nor any insider information that needs to be disclosed under Hong Kong's Securities and Futures Ordinance [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佈的內容概不 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 就 因 本 公 佈 全 部或任何部分內容而產生或因依賴該等內容而引致的任何損失承擔任何責任。 （於 中 華 人 民 共 和 國 註 冊 成 立 的 股 份 有 限 公 司） （股 份 代 號：2338） 濰柴動力股份有限公司 WEICHAI POWER CO., LTD. 股價及成交量之不尋常波動 本聲明乃按香港聯合交易所有限公司（「聯交所」）之 要 求，根 據 聯 交 所 證 券 上 市 規 則（「上市規則」）第13.10條 而 發 出。 濰柴動力股份有限公司（「本公司」）之董事（「董 事」）會（「董事會」）知悉今日本公 司 股 份 價 格 上 升 及 成 交 量 上 升，茲 聲 明，董 事 會 並 不 知 悉 任 何 導 致 上 述 變 動 的 原 因。 承董事會命 馬常海 濰柴動力股份有限公司 於本公告刊發之日，本公司執行董事為馬常海先生、王德成先生、黃維彪先生、 孫 少 軍 先 生、袁 宏 明 先 生 及 馬 旭 耀 先 生；本 公 ...