Core Viewpoint - Chongqing Mechanical and Electrical (02722) saw a significant stock price increase, rising over 18% during trading, with a current price of 2.64 HKD and a trading volume of 101 million HKD. [1][4] Group 1: Company Performance - Cummins Inc. reported strong operational performance for Q4 and the full year, despite a weak North American truck market. The distribution and power systems divisions achieved record sales and profitability due to operational efficiency and strong demand for data center backup power. [1][4] - For Q4 2025, Cummins expects revenue of 8.5 billion USD, a 1% increase year-over-year, with net profit projected at 593 million USD, compared to 418 million USD in the same period of 2024. [1][4] Group 2: Investment Insights - Industrial Securities noted that Chongqing Mechanical and Electrical holds stakes in both Chongqing Cummins and Chongqing Hitachi Energy. Chongqing Cummins is the only large-bore engine manufacturer for Cummins in China, producing various engine models. The company is actively expanding capacity due to tight industry supply, with expectations for continued growth in high-power engines for data centers and other sectors in the coming years. [1][4] - The report anticipates that Chongqing Hitachi Energy will benefit from a resonance in domestic and international grid demand, leading to sustained prosperity over an extended period. [1][4]
重庆机电午后涨逾16% 康明斯业绩表现亮眼