使用自有资金支付募投项目部分款项 并以募集资金等额置换的核查意见 中信证券股份有限公司（以下简称"中信证券"或"保荐机构"）作为潍柴动力股份 有限公司（以下简称"潍柴动力"或"公司"）非公开发行股票及持续督导的保荐机构， 根据《证券发行上市保荐业务管理办法》《上市公司募集资金监管规则》《深圳证券交易所 股票上市规则》等法律法规的有关规定，对潍柴动力拟使用自有资金支付募集资金投资项 目（下称"募投项目"）部分款项并以募集资金等额置换的事项进行了审慎核查，并出具 核查意见如下： 一、募集资金基本情况 经中国证券监督管理委员会核发的《关于核准潍柴动力股份有限公司非公开发行股票 的批复》（证监许可[2021]1407 号），公司非公开发行不超过 793,387,389 股新股。本次发 行实际发行数量为 792,682,926 股，每股面值 1 元，发行价格为每股 16.40 元，共募集资 金人民币 12,999,999,986.40 元，扣除与本次发行有关的保荐承销费、审计及验资费用等发 行费用合计人民币 11,942,705.93 元（不含增值税）后，公司本次非公开发行实际募集资金 净额为人民币 12,988,05 ...

Core Viewpoint - The integration of corporate social responsibility with business models is essential for companies to gain respect, which in turn can enhance brand influence and market competitiveness, ensuring long-term sustainability [1][3]. Group 1: National Economic Development - The "14th Five-Year Plan" emphasizes focusing on the real economy, promoting intelligent, green, and integrated development, and aims to build a strong manufacturing, quality, aerospace, transportation, and network nation [2]. - The development of the real economy is fundamental to national growth, and companies play a crucial role in advancing commercial civilization and social progress [2]. Group 2: Characteristics of Respected Enterprises - Respected companies are distinguished not only by their successful business operations but also by their social responsibility, corporate culture, and brand value [3]. - The ongoing global business environment changes and increasing public expectations highlight the importance of earning respect over short-term profits for long-term survival [2][3]. Group 3: Expert Recommendations - BYD has been highly recommended by experts for its rapid global expansion and local production strategies, positioning itself among the top four global car manufacturers [9]. - Other companies like Keda Xunfei, Fuyao Glass, Haier Group, JD.com, Weichai Power, New Oriental, and Cambricon have also received expert recognition for their contributions and innovations [9][10][11]. - Experts noted that Keda Xunfei is leading in AI integration across various sectors, while Haier is recognized for its global outreach and commitment to sustainable practices [10][11]. Group 4: Public Perception of Respected Enterprises - The public identifies five key internal qualities for companies to be considered respected: establishing correct values, building a robust management system, continuous innovation, shaping a positive corporate citizen image, and providing high-quality products and services [15][16]. - Companies like Beijing Rural Commercial Bank, JD.com, and McDonald's exemplify these qualities through their commitment to social responsibility and brand value enhancement [16][17]. Group 5: Additional Notable Companies - Other respected companies include Moutai Group, Yili Group, and Nestle China, recognized for their high product quality and low carbon emissions [13]. - Traditional companies like Tongrentang and Li Ning have also been highlighted for their commitment to quality and innovation, contributing to their respected status [18].

智通财经APP获悉，香港联交所最新资料显示，10月24日，摩根大通增持潍柴动力(02338)61.0018万 股，每股作价15.0989港元，总金额约为921.06万港元。增持后最新持股数目约为1.17亿股，持股比例为 6.02%。 ...

潍柴动力股份有限公司 2025 年第三季度报告 证券代码：000338 证券简称：潍柴动力 公告编号：2025-070 潍柴动力股份有限公司 2025 年第三季度报告 □是 否 1 潍柴动力股份有限公司 2025 年第三季度报告 一、主要财务数据 （一） 主要会计数据和财务指标 本公司及董事会全体成员保证信息披露内容的真实、准确、完整，没有 虚假记载、误导性陈述或重大遗漏。 重要内容提示： 1.董事会及董事、高级管理人员保证季度报告的真实、准确、完整，不存在虚假记载、误导性陈述或重大遗漏，并承担 个别和连带的法律责任。 2.公司负责人、主管会计工作负责人及会计机构负责人(会计主管人员)声明：保证季度报告中财务信息的真实、准确、 完整。 3.第三季度财务会计报告是否经过审计 公司是否需追溯调整或重述以前年度会计数据 □是 否 | | 本报告期 | 本报告期比上年同 | 年初至报告期末 | 年初至报告期末比上 | | --- | --- | --- | --- | --- | | | | 期增减 | | 年同期增减 | | 营业收入（元） | 57,418,836,886.58 | 16.08% | 170,57 ...

潍柴动力公告，第三季度营收为574.19亿元，同比增长16.08%；净利润为32.34亿元，同比增长 29.49%。前三季度营收为1705.71亿元，同比增长5.32%；净利润为88.78亿元，同比增长5.67%。 ...

Core Insights - In September 2025, domestic natural gas heavy truck sales reached 23,400 units, a year-on-year increase of nearly 150%, marking the second consecutive month of growth [1][4] - Cumulatively, from January to September 2025, natural gas heavy truck sales totaled 145,700 units, a year-on-year decline of 2%, with a net decrease of approximately 3,000 units compared to the same period last year [1][18] Engine Market Characteristics - In the first three quarters of 2025, the natural gas heavy truck engine market saw significant changes, with a total of 23,400 engines sold in September, representing a 149% year-on-year increase [4][13] - The cumulative sales of natural gas heavy truck engines from January to September 2025 reached 145,700 units, reflecting a 2% year-on-year decline, although the decline rate narrowed by 10 percentage points compared to August [4][18] Engine Displacement and Power Distribution - The main displacement ranges for natural gas heavy truck engines in the first three quarters of 2025 were 12-13L and 14-15L, accounting for 42.97% and 39.92% respectively, while engines over 15L accounted for 3.98% [6] - In terms of power, the primary ranges were 500-600 horsepower and 400-500 horsepower, making up 44.27% and 37.48% respectively, with super high horsepower (≥600 horsepower) models increasing their share by over 13 percentage points compared to the previous year [9][10] Market Share and Rankings - In September 2025, five companies sold over 1,000 engines, with Weichai leading at 12,200 units, holding a market share of 52.17% [15] - Cumulatively, from January to September 2025, Weichai sold 75,600 units, capturing 51.92% of the market, while Cummins and FAW Jiefang followed with 28,700 and 18,300 units respectively [19][22] Sales Trends and Future Outlook - The natural gas heavy truck engine market saw a total of eight companies achieving sales by September 2025, with some companies experiencing significant growth, such as Dongfeng Longqing and Hualing, which saw increases of 177% and 400% respectively [20][22] - The market's strong performance in September raises hopes for a positive year-end conclusion for the natural gas heavy truck and engine markets [27]

Core Points - The Shanghai Composite Index closed at 4009.81 points, slightly down by 0.16%, with a total trading volume of 202.97 billion yuan [1] - A total of 29 A-shares have surpassed their annual moving average, with notable stocks showing significant deviation rates [1] Summary by Category Stock Performance - The stocks with the highest deviation rates from their annual moving average include: - Huaihe Energy (5.10%) - Longban Media (3.78%) - China Oilfield Services (3.49%) [1] - Other stocks that have just crossed the annual moving average with smaller deviation rates include: - Fulete - China Railway - China National Heavy Duty Truck [1] Trading Data - The trading data for stocks that broke through the annual moving average on October 30 includes: - Huaihe Energy: +5.95% with a turnover rate of 5.94% - Longban Media: +3.99% with a turnover rate of 3.15% - China Oilfield Services: +4.58% with a turnover rate of 1.43% [1] - Additional stocks with notable performance include: - Guangha Tongxin: +7.41% - Runze Technology: +7.35% - BlueFocus Communication: +9.49% [1]

Core Points - The Shanghai Composite Index closed at 4018.86 points, slightly up by 0.06%, with a total trading volume of 1.56 trillion yuan [1] - A total of 43 A-shares have surpassed their annual moving average, with notable stocks showing significant deviation rates [1] Group 1: Stock Performance - The stocks with the highest deviation rates from their annual moving average include Guangha Communication at 6.46%, Huaihe Energy at 5.66%, and Bluefocus at 4.44% [1] - The trading performance of these stocks shows significant increases, with Guangha Communication rising by 10.80%, Huaihe Energy by 6.52%, and Bluefocus by 11.41% [1] Group 2: Trading Data - The total trading volume for A-shares today reached 1.56 trillion yuan, indicating active market participation [1] - The turnover rates for the top-performing stocks also reflect strong investor interest, with Guangha Communication at 7.52% and Bluefocus at 12.42% [1]

Core Points - The 2024 Golden Bull Awards were announced at the 2025 High-Quality Development Forum for Listed Companies, recognizing outstanding entrepreneurs and companies in various categories [1]. Group 1: Awards and Recognitions - The awards included nine categories: Golden Bull Outstanding Entrepreneur Award, Golden Bull Entrepreneur Achievement Award, Golden Bull Entrepreneur Innovation Award, Most Investment Value Award, Golden Bull Listed Company Dividend Return Award, New Quality Enterprise Golden Bull Award, Golden Bull Small Giant Award, Golden Bull Secretary Award, and Golden Bull Financial Director Award [1]. - The Golden Bull Entrepreneur Achievement Award was awarded to 90,000 [4]. Group 2: Notable Companies and Leaders - Notable companies and their leaders recognized include Weichai Power (Wang Li), XCMG Machinery (Yang Dongsheng), and Zimi Co., Ltd. (Wang Ligai) among others [3][5]. - Other recognized companies include Jianghuai Automobile (Xiang Xingchu), Zhongguancun Technology (Chen Jie), and Shengyi Technology (Chen Renxi) [6][7]. Group 3: Investment Value and Dividend Awards - The Most Investment Value Award included companies such as China Shenhua (601088.SH), Changjiang Power (600900.SH), and Haikang Vision (002415.SZ) [9][17]. - The Golden Bull Listed Company Dividend Return Award recognized companies like China Telecom (601728.SH) and Midea Group (000333.SZ) [17][18]. Group 4: New Quality Enterprises - The New Quality Enterprise Golden Bull Award highlighted companies such as Zhongwei Company (688012.SH) and other innovative firms [21][22]. Group 5: Financial Leadership - The Golden Bull Financial Director Award recognized financial leaders from companies like Wen's Foodstuffs (300498.SZ) and Zhongke Shuguang (603019.SH) [41][42].

Core Viewpoint - The 2025 China International Agricultural Machinery Exhibition showcases Weichai Power's comprehensive agricultural equipment power solutions, highlighting its advanced technology and understanding of global market demands [1][2]. Group 1: Exhibition Overview - The exhibition is the largest and highest-standard event in China's agricultural machinery sector, featuring a wide range of agricultural machinery, intelligent equipment, and power systems [1]. - Weichai Power displayed multiple agricultural power products suitable for both domestic and international markets, including harvesters and tractors [1]. Group 2: Product Features - Weichai's showcased products, such as the WP3.6N and WP8, have power outputs ranging from 125 to 360 horsepower, compatible with various agricultural equipment like corn and rice harvesters [1]. - The company emphasizes fuel economy, reliability, and strong power as core advantages, providing a new experience for agricultural operations globally [1]. Group 3: Compliance and Adaptability - Weichai's tractors meet stringent EU Stage V and Stage IIIA emission standards, with power outputs from 50 to 460 horsepower, catering to the needs of large-scale and efficient agricultural operations abroad [1]. - The company has developed fuel filter systems compatible with B35 biodiesel, enhancing fuel choice and supporting global green agriculture initiatives [2]. Group 4: Innovation in New Energy - Weichai introduced its WP14T-400kW hybrid powertrain, which achieves a fuel savings rate of 25%-35% by optimizing engine and generator coupling [2]. - The hybrid system's reliability is enhanced by a dedicated assessment standard for range extender systems, reducing failure rates by 50% [2]. Group 5: Market Expansion Strategy - The full range of products displayed at the exhibition reflects Weichai's commitment and capability to expand into overseas markets, offering customized power solutions to diverse global customers [2].