Weichai Power(SZ:000338) Zhong Guo Qi Che Bao Wang·2025-12-08 09:19Core Insights - Shandong Heavy Industry Weichai Group held its 2026 Business Conference, showcasing over 150 green, low-carbon high-end products and launching more than ten new products and service models, highlighting its product mix advantages and technological strength [1] Group 1: Company Performance - Weichai has become a leading industrial equipment multinational group in China, with annual revenue exceeding 300 billion yuan, and ranks 87th in the "2025 China Enterprise 500" list with projected revenue of 312.29 billion yuan for 2024 [3][5] - The company is focusing on innovation-driven growth, aiming to enhance its multi-dimensional power industry structure and contribute to the upgrade of China's manufacturing industry [3][5] Group 2: Market Position and Product Development - Weichai's market leadership is reinforced, with its engine market share remaining the highest in the domestic industry, and significant sales growth in strategic markets such as Southeast Asia, Latin America, and Europe [6][10] - The company has launched the world's first 5-megawatt high-speed diesel generator set, achieving the highest power density globally, and has made breakthroughs in solid oxide fuel cell technology [8][10] Group 3: Future Strategy and Growth Areas - Weichai plans to leverage its strengths in high-end products, expand into new energy and hydraulic markets, and enhance its after-market service solutions, transitioning from a parts sales model to a service-oriented approach [10][12] - The company aims to deepen strategic collaboration, enhance digital capabilities, and build a new ecosystem in the power industry, positioning itself as a leader in technology and green development [12]