Hua Xia Shi Bao·2025-08-30 03:50Core Viewpoint - Weichai Power reported strong financial performance for the first half of 2025, with revenue of 113.15 billion yuan and net profit of 5.64 billion yuan, while increasing cash dividends to shareholders [1] Group 1: Financial Performance - The company achieved a revenue of 113.15 billion yuan and a net profit of 5.64 billion yuan during the reporting period [1] - The cash dividend proposed is 3.58 yuan per 10 shares, with a dividend payout ratio of 57%, marking a total cash dividend exceeding 19 billion yuan since 2021 [1] Group 2: Strategic Business Growth - Weichai Power's multi-power strategy led to explosive growth in strategic business, with total engine sales reaching 362,000 units, including over 5,000 high-end M-series large-bore engines, a 41% increase year-on-year [2] - The company’s revenue from high-end M-series engines was 2.52 billion yuan, a 73% increase year-on-year, with significant growth in the data center backup power sector, where sales surged by 491% [2] - In the new energy sector, the company’s battery sales reached 2.32 GWh, a 91% increase year-on-year, supported by the launch of its first blade battery technology product [2] Group 3: Diversified Business Portfolio - The company’s vehicle business remained stable, with Shaanxi Heavy Duty Truck sales of 73,000 units, a 14.6% increase, and over 10,000 units of new energy vehicles sold, a 255% increase [3] - The agricultural equipment segment saw revenue of 9.86 billion yuan, with export revenue of 1.15 billion yuan, a 19% increase, despite overall industry pressure [3] - The overseas market showed strong recovery, with KION Group achieving revenue of 5.5 billion euros and a net profit of 47.9 million euros, alongside a 22% increase in new orders [3] Group 4: Strategic Transformation - The company is advancing six strategic transformations: new energy, internationalization, digital intelligence, aftermarket, large-bore engines, and non-road applications [4] - Plans for the second half of the year include enhancing innovation, expanding market share, and increasing the penetration of high-end products [4] - The company aims to strengthen R&D in cutting-edge areas such as hydrogen fuel cells and solid oxide fuel cells, while also enhancing service capabilities across the entire lifecycle of products [4]