中国北京市建国门外大街 1 号国贸写字楼 2 座 12-15 层 100004 12-15th Floor, China World Office 2, No.1 Jianguomenwai Avenue, Beijing 100004, China 电话 Tel: +86 10 6563 7181 传真 Fax: +86 10 6569 3838 电邮 Email: beijing@tongshang.com 网址 Web: www.tongshang.com 北京市通商律师事务所 关于潍柴重机股份有限公司 2026 年第一次临时股东会的 法律意见书 致：潍柴重机股份有限公司 根据《中华人民共和国律师法》《中华人民共和国公司法》（以下简称"《公 司法》"）《中华人民共和国证券法》《上市公司股东会规则》（以下简称"《股 东会规则》"）《深圳证券交易所上市公司股东会网络投票实施细则》（以下简 称"《网络投票实施细则》"）等法律、法规和规范性文件以及《潍柴重机股份有 限公司章程》（以下简称"《公司章程》"）的规定，北京市通商律师事务所（以 下简称"本所"）接受潍柴重机股份有限公司（以下简称"公司"）的委托，指派律 ...

证券代码：000880 证券简称：潍柴重机 公告编号：2026-009 潍柴重机股份有限公司 2026 年第一次临时股东会决议公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、 误导性陈述或重大遗漏。 一、重要提示 1．本次股东会没有出现否决议案的情况； 2．本次股东会没有涉及变更以往股东会已通过的决议。 二、会议召开的情况 1．本次股东会的召开时间： （1）现场会议召开时间：2026年2月6日（星期五）下午14:50开始。 （2）网络投票时间： 采用深圳证券交易所交易系统投票的时间：2026年2月6日上午9:15-9:25， 9:30-11:30，下午13:00-15:00。 采用深圳证券交易所互联网投票系统投票的时间：2026年2月6日上午9:15至下午 15:00期间的任意时间。 2．现场会议地点：山东省潍坊市公司会议室（山东省潍坊市滨海经济技术开发区 富海大街17号） 3．召开方式：本次会议采取现场投票与网络投票相结合的方式 4．会议召集人：公司董事会 5．主持人：董事长傅强先生 6．会议的召开符合《公司法》《深圳证券交易所股票上市规则》和《公司章程》 等相关法律、法规和规 ...

Core Viewpoint - The Shandong state-owned enterprise reform sector experienced a decline of 1.49% on February 5, with Weichai Heavy Machinery leading the drop [1] Market Performance - The Shanghai Composite Index closed at 4075.92, down 0.64% - The Shenzhen Component Index closed at 13952.71, down 1.44% [1] Capital Flow - The Shandong state-owned enterprise reform sector saw a net outflow of 1.84 billion yuan from main funds - Retail investors contributed a net inflow of 1.205 billion yuan - Speculative funds recorded a net inflow of 635 million yuan [1]

（记者 王晓波） 每经头条（nbdtoutiao）——仅老年独居者就数千万，谁能帮他们从容老去？意定监护在国内诞生已14 年，距全面落地还差"最后一公里" 每经AI快讯，潍柴重机发布公告称，2026年2月3日至2月5日期间，潍柴重机接受西南证券等投资者调 研，公司柳国超参与接待，并回答了投资者提出的问题。 ...

证券代码：000880 证券简称：潍柴重机 潍柴重机股份有限公司投资者关系活动记录表 编号：20260205 在船机业务方面，公司全面布局替代燃料市场，已完成火花 塞点火、微喷引燃、高压直喷等多种技术路线的天然气发动机及 双燃料发动机的开发和应用，并且完成甲醇发动机产品开发布局， 在船用发动机节能减排方面走在了行业前列，构建起"LNG+甲醇+ 生物燃料"多元技术体系，全系列替代燃料产品均已取得 CCS 证 书。 3.公司发电机组业务情况及后续展望？面对数据中心需求， 公司将如何应对？ 2025年上半年，公司发电机组业务在数据中心领域实现销量、 收入大幅增长，获得三大运营商集采准入，并在头部互联网企业 实现了质的突破；另外，公司发电机组产品凭借高可靠性、高经 济性、高适应性等优势，在油气田设备、电源车等细分市场也实 现了突破。后续，公司将发挥好产品组合优势，实现发电机组业 务在各细分市场的突破，持续开拓扩大数据中心、通讯市场、油 气田、高端制造等高端市场。 在数据中心领域，公司将继续凭借发电机组产品优异的各项 性能指标以及品牌影响力、市场布局、服务网络等优势，紧抓市 场机遇，不断扩大在数据中心行业的市场份额和影 ...

Consumption - Dongpeng Beverage has launched its H-share offering with a price not exceeding 248 HKD per share, expecting to end on January 29, and reported revenue exceeding 16.8 billion CNY for the first three quarters [2] - Xibei's founder, Jia Guolong, announced a return to core business focus, abandoning personal branding efforts, as the company faces losses exceeding 600 million CNY [2] - Yanghe Distillery anticipates a net profit decline of over 60% for 2025, primarily due to deep adjustments in the liquor industry and reduced market demand [2] - KFC has slightly raised prices on some delivery items by an average of 0.8 CNY starting January 26, while in-store prices remain unchanged [2] Technology - Jieyue Star has appointed Yin Qi as chairman, responsible for overall strategic direction and technology, and has reportedly completed a multi-billion B+ round of financing [2] - Samsung has raised NAND flash supply prices by 100% in Q1, indicating severe supply-demand imbalance in the semiconductor market [3] - AI chip supplier Aixin Yuanzhi has passed the Hong Kong Stock Exchange hearing [3] Health - Yiling Pharmaceutical expects a net profit of 1.2 to 1.3 billion CNY for 2025, driven by stable market performance in its cardiovascular and respiratory product lines [3] Mobility - Wuxi Xian Dao Intelligent Equipment has passed the Hong Kong Stock Exchange main board listing hearing, with CITIC Securities and JPMorgan as joint sponsors [4] - GAC Group has received nearly 2,000 orders for its GOVY AirCab by the end of 2025 [4] - Ideal Auto plans to close approximately 100 underperforming retail stores in a channel transformation effort [7] Health (Continued) - The first version of the commercial health insurance innovative drug directory took effect on January 1, 2026, aimed at providing more access to innovative drugs through commercial insurance [11] - Nine departments have issued a document encouraging innovative drugs to enter retail pharmacies, aiming to enhance the quality of the pharmaceutical retail industry [13]

Summary of Key Points from Conference Call Industry Overview - The focus is on the North American AIDC (Artificial Intelligence Data Center) sector, which is experiencing rapid growth in power generation demand, creating a significant contradiction with the limited capacity of gas turbines [1][2]. Core Insights and Arguments 1. **Internal Combustion Engines (ICE)** - Reciprocating internal combustion engines can utilize diesel, natural gas, and gasoline for power generation, serving as a primary power source for AIDC. - Wärtsilä currently has approximately 1,500 orders on hand, with 15% allocated for AIDC, and an annual delivery rate of 500 units [1][2]. - Major manufacturers like Yanmar, Wärtsilä, and Caterpillar have scheduled production until 2028, while most domestic manufacturers are still in the testing and certification phase, indicating a potential for rapid adoption by North American clients [2]. 2. **Aviation-Modified Fuels** - Aircraft engines and gas turbines share similar structures and principles, allowing retired engines to be modified for continued operation for an additional 20,000 to 50,000 hours, covering a power range of 30-60 MW, making them suitable as a primary power source for AIDC with strong stability [2]. - A total of 12,000 retired aircraft engines are available, and with a 20% modification ratio, there is significant potential for flexibility in power generation [2]. - Recommended companies include Hangya Technology (which has bulk orders for GEA aviation-modified engines) and Wanze Co., a new supplier of Siemens aviation-modified turbine blades [2]. 3. **Solid Oxide Fuel Cells (SOFC)** - SOFCs have an efficiency of approximately 60%, with near-zero emissions and only 9% redundancy required, compared to the 30% typically needed for gas turbines. Their modular delivery allows for rapid deployment within 2-3 quarters, significantly faster than gas turbines or nuclear power [3]. - Overseas AEP has made additional purchases of SOFCs, accumulating orders at a GW level, marking a milestone in the industry [3]. - New recommendations include Chunhui Quality Control (a core supplier for BE) and Weichai Power (a main manufacturer of SOFCs) [3]. Additional Important Insights - The current electricity shortage in North America is transitioning from reliance on gas turbines to internal combustion engines, aviation-modified fuels, and SOFCs, moving from logical reasoning to actual order fulfillment [3]. - The upcoming week marks the beginning of a busy period for foreign leading companies in financial report disclosures, with expectations for order, capacity, and performance guidance to be further upgraded, indicating strong catalysts for the market [3].

（文章来源：证券日报） 证券日报网讯 1月26日，潍柴重机在互动平台回答投资者提问时表示，产品信息可参见公司前期在《中 国证券报》《证券时报》及巨潮资讯网上披露的定期报告及后续披露的定期报告或临时公告。 ...

Investment Rating - The report maintains a "Recommended" investment rating for the automotive industry [6] Core Insights - The automotive market is experiencing significant negative growth, with retail sales of passenger vehicles dropping by 28% year-on-year in the first half of January 2026, and wholesale sales declining by 35% [1][19] - The report emphasizes the need for supportive policies to stimulate market recovery and highlights the potential for growth in the overseas electric vehicle market due to favorable policies in countries like Canada and Germany [3][4] - The report suggests that the domestic market may rebound following the implementation of supportive policies, which could positively impact leading brands [4] Summary by Sections Market Overview - As of January 1-18, 2026, retail sales of passenger vehicles in China reached 679,000 units, a decrease of 28% compared to the same period last year, while wholesale sales totaled 740,000 units, down 35% year-on-year [1][19] - In the same period, retail sales of new energy vehicles were 312,000 units, reflecting a 16% decline year-on-year, and wholesale sales were 348,000 units, down 23% [1][19] Policy Developments - Canada announced plans to import 49,000 electric vehicles from China, significantly reducing tariffs from 100% to 6.1% [3] - Germany introduced a new subsidy program for electric vehicles, offering up to 6,000 euros to families purchasing new electric cars, effective from January 1, 2026 [3][44] - The UK government has launched a substantial subsidy program for electric trucks, with a total budget of 318 million pounds [48] Investment Opportunities - The report highlights the potential for Chinese new energy vehicles to expand into overseas markets, driven by favorable international policies [4] - It suggests that the recovery of the domestic automotive market could benefit leading brands significantly [4]

Core Viewpoint - North American data centers are accelerating the adoption of self-supply power models to address challenges posed by aging power grids and high energy consumption from AI computing, with diesel generators becoming a critical backup power source [1] Group 1: Data Center Power Supply Trends - Data centers in North America are transitioning to self-supply power models, with diesel generators as essential backup power configurations due to the aging and fragmented U.S. power grid [1] - Major companies like xAI, OpenAI, and Meta have implemented self-supply power solutions to ensure stable operation of their computing clusters [1] Group 2: Demand for Diesel Generators - The construction of data centers is in a high-growth cycle, with significant capital expenditures from domestic and international internet companies driving demand for diesel generators [2] - Google has raised its total capital expenditure for 2025 Q3 to $91-93 billion, while Microsoft plans to double its global data center scale within two years, indicating robust demand for backup power solutions [2] - The global market for data center generators is projected to grow from $6 billion in 2023 to $12 billion by 2030, highlighting the increasing need for diesel generators [2] Group 3: Supply and Pricing Dynamics - Foreign orders for diesel generators are experiencing long-term saturation, leading to a continuous increase in prices due to a tight supply-demand balance [3] - Major foreign brands like Cummins and Caterpillar dominate the large diesel engine market, with some orders having delivery cycles of 12-18 months, contributing to supply constraints [3] - Domestic manufacturers are seizing the opportunity for domestic substitution but face capacity limitations, resulting in ongoing demand for high-power diesel generators [3] Group 4: Cost Pressures and Inflation Transmission - The costs of key components for large diesel engines, such as high-pressure fuel injection and electronic control systems, are rising, primarily driven by foreign suppliers [4] - The scarcity of supply allows manufacturers with core component production capacity to exert pricing power, leading to inflation being transmitted downstream, resulting in a new round of price increases for large diesel engines used in data centers [4] Investment Recommendations - Beneficiaries of this trend include companies such as Weichai Power, Weichai Heavy Machinery, Zhongyuan Inner配, Tianrun Industrial, Changyuan Donggu, and Weifu High-Tech [4]