Zhi Tong Cai Jing·2025-11-14 03:14Core Viewpoint - Weichai Power (000338) has seen a decline of nearly 5%, currently down 4.32% at HKD 19.05, with a trading volume of HKD 223 million [1] Group 1: Company Developments - Weichai Power announced a manufacturing license agreement with its associate company CeresPower to establish production lines for batteries and stacks aimed at the stationary power generation market [1] - The products from this agreement will provide power for AI data centers, commercial buildings, and industrial parks [1] - This agreement is considered part of the company's routine business activities and does not meet disclosure standards [1] Group 2: Analyst Insights - Citigroup released a report indicating that if Weichai discloses strategic cooperation details regarding the solid oxide fuel cell (SOFC) project with CeresPower, it could significantly enhance the company's valuation and long-term profit expectations [1] - Citigroup maintains a "Neutral" rating on Weichai Power, raising the target price from HKD 16.3 to HKD 21.3 [1] - The bank has adjusted its sales forecasts for Weichai's large-cylinder engines for the fiscal years 2025 to 2027 to 12,000, 15,000, and 18,000 units respectively [1]