Group 1 - The core viewpoint of the news is that Weichai Power is actively engaging with investors to discuss its performance and future outlook in various business segments, including natural gas heavy-duty engines, large-bore engines, and new energy power business [1][2]. Group 2 - In the first half of this year, domestic sales of natural gas heavy-duty trucks reached 91,000 units, a year-on-year decrease of 16%, primarily due to a decline in sales during the second quarter. However, the implementation of trade-in policies is expected to boost sales in the second half of the year, and natural gas is anticipated to become a significant energy type in the heavy-duty truck industry [3]. - Weichai Power's M-series large-bore engine sales exceeded 5,000 units in the first half of the year, representing a year-on-year increase of 41%. The data center market saw nearly 600 units sold, a nearly fivefold increase. The company expects to maintain high industry demand and will actively pursue strategic customers domestically and internationally [4]. - The new energy power business achieved revenue of 1.21 billion yuan in the first half of the year, a year-on-year growth of 37%. The company anticipates that this business will double its revenue for the full year. It has completed a comprehensive layout of products including batteries, motors, and electronic controls, with performance leading the industry [5].

Core Viewpoint - Weichai Power announced on September 2 that it is well-prepared for the increasing penetration of new energy in the domestic commercial vehicle and construction machinery industries, expecting significant revenue growth in the second half of the year [1] Group 1: Business Performance - The company reported a notable increase in business revenue in the first half of the year and anticipates more than a doubling of annual revenue compared to the previous year [1] - The company plans to accelerate market expansion and product delivery in the second half of the year [1] Group 2: Product Development - Weichai Power has completed a comprehensive layout of products including batteries, motors, and electronic controls, with product performance leading the industry [1] Group 3: Customer Expansion - The company has achieved comprehensive connections with both internal and external customers, resulting in a continuous increase in the matching rate [1]

Core Viewpoint - Yunnei Power has received an administrative penalty notice from the Yunnan Securities Regulatory Bureau, indicating a need for regulatory compliance and governance improvement, while the company is actively working on rectification measures to mitigate the impact and plans to apply for the removal of risk warnings when conditions permit [1] Group 1: Business Operations and Strategic Transformation - The company emphasizes that its production and operational activities are currently normal and orderly, focusing on consolidating its traditional internal combustion engine business while actively expanding into intelligent and green manufacturing sectors [2] - The company has achieved small-scale sales in unmanned intelligent delivery vehicles and smart agricultural machinery, which are expected to become new growth points for performance in the future [2] - To enhance sustainable operational capabilities, the company is optimizing its business structure through various measures, including refining marketing strategies and promoting product differentiation in the diesel engine sector [2] Group 2: New Energy and Emerging Business - The company is accelerating the development of gasoline engine range-extended powertrains, natural gas range-extended powertrains, and hydrogen fuel cell powertrains to achieve breakthroughs in the new energy market [3] - The company continues to promote L4-level intelligent delivery vehicles and smart rubber tapping machines, broadening application scenarios and adaptability [3] Group 3: International Market Expansion - The company is focusing on Southeast Asia, Africa, South America, and the Middle East for international market expansion, increasing the export of its products alongside automotive manufacturers or trading companies [3] Group 4: Governance and Long-term Competitiveness - Despite the short-term impact of regulatory measures on the company's market image, it is expected to enhance governance, internal control systems, and management levels in the long run, contributing to improved quality and sustainable development of the listed company [4] - The company aims to use this rectification as an opportunity to further improve internal governance, strengthen compliance operations, and enhance the quality of financial accounting and information disclosure for long-term stable development [4]

Financial Performance - Dong'an Power (600178) expects a profit of 6.51 million to 9.77 million yuan for the first half of 2025, representing a growth of 60% to 140% compared to the same period last year [1] - The company anticipates a net profit attributable to shareholders of 3.52 million to 5.28 million yuan, indicating a turnaround from losses in the previous year [1] - The increase in orders for AT transmissions has significantly boosted revenue and gross profit [1] Product Development and Market Strategy - Dong'an Power's engine products primarily supply Changan Automobile in the passenger vehicle sector, while AT transmissions are targeted at both domestic and overseas markets [2] - The company is developing a hybrid-specific transmission (DHT) for Zhengzhou Nissan's Frontier Pro model, expected to launch within the year [2] - The company has secured 51 new market agreements with 26 enterprises, with a projected total sales volume of 1.5 million units over a 5 to 10-year lifecycle [2] New Energy and Aviation Initiatives - Dong'an Power is entering the aviation power sector through a strategic partnership with XPeng Huitian to develop next-generation hybrid systems for flying cars [3] - The company has initiated a rotor engine development project in collaboration with AVL, marking a significant step in expanding its presence in the low-altitude economy [3] - The successful launch of the AHT22 aircraft-specific hybrid transmission prototype signifies a breakthrough in aviation power technology [4]

Core Viewpoint - Guangxi Yuchai Machinery Group Co., Ltd. (Yuchai) is committed to innovation and green development, showcasing its technological strength and determination to lead in the energy transition through the launch of five new energy products at the National Science Workers' Day event [2][3][18] Group 1: New Product Launch - Yuchai introduced five new energy power products covering various sectors including automotive, engineering machinery, shipping, and emerging low-altitude economy [3][5] - The YCK06H hydrogen range extender is the first commercial application of hydrogen range extender technology in China, achieving zero carbon emissions and designed for urban public transport and short-distance cargo vehicles [5] - The YCY30N gas range extender is tailored for medium and heavy-duty trucks, providing high power while significantly reducing fuel consumption and operational costs [5] - The YCK16LM methanol hybrid powertrain is designed for harsh mining conditions, featuring patented corrosion-resistant technology and a 45% reduction in fuel costs compared to diesel engines [5] Group 2: Technological Advancements - Yuchai is actively preparing for the upcoming National VII emission standards, collaborating with national environmental authorities and OEMs to develop testing prototypes [9] - The company has conducted extensive research to predict potential emission limits and analyze the impact of various technological routes on total cost of ownership (TCO) for users [9] - Yuchai emphasizes a diversified fuel technology approach, exploring economic solutions in the commercial vehicle sector, including hybrid systems that combine traditional engines with new energy sources [9][10] Group 3: Commitment to Innovation - Yuchai views technological innovation as fundamental to its survival and development, maintaining high R&D investment and achieving significant recognition in the industry [13][18] - The company has become a leading brand in the hybrid commercial vehicle sector, transitioning from user hesitation to active collaboration, particularly in non-road and natural gas range extender fields [13][18] - Yuchai aims to become a world-class independent power system supplier, focusing on technological breakthroughs and accelerating the transformation of research outcomes [16][18]

Group 1: Financial Performance - The company achieved a total operating revenue of 2.26 billion CNY in 2024, a decrease of 2.4% compared to the previous year [3] - Operating profit reached 78.88 million CNY, an increase of 211.09% year-on-year [3] - Total profit amounted to 78.83 million CNY, up by 213.48% from the previous year [3] - Net profit attributable to shareholders was 79.11 million CNY, reflecting a 147.52% increase compared to the same period last year [3] Group 2: Market Strategy and Product Development - The company is focusing on innovation-driven solutions for non-road machinery, emphasizing low-carbon and intelligent power solutions [4] - Plans to develop a mobile data center generator service are under evaluation, responding to market demands and technological trends [2] - The company has established a joint venture for producing electric control and motor components for new energy electric forklifts, with products already in mass production [4] Group 3: Risk Management and Compliance - The company adheres strictly to disclosure obligations as per relevant regulations, ensuring no undisclosed significant information exists [4] - The impact of U.S. tariffs on the company's export business is minimal, as exports are primarily directed to non-U.S. regions [4] - Continuous R&D investment is necessary to meet increasing regulatory and market demands for non-road diesel engine emissions [4]

本报记者 王僖 发力新能源动力市场 对于潍柴动力来说，2025年3月28日是一个足以载入公司发展史册的日子。 当天，由山东重工集团有限公司旗下潍柴控股集团有限公司与比亚迪股份有限公司联袂打造的新能源动力基地——潍柴弗 迪（烟台）新能源动力产业园正式启航，首台搭载最新技术的动力电池产品正式下线。 踏入该产业园，一幅充满未来感的工业图景展现在记者眼前：长达百米的自动化生产线上，机械臂抓取银灰色刀片电池电 芯，组装进电池包中，精准且高效。 "这是专为商用车设计的'能量铠甲'，采用2.0工艺，能量密度较上一代提升15%，循环寿命突破4500次。"在电芯叠片车 间，现场技术人员指着厚度仅13.5毫米的刀片电池电芯对《证券日报》记者介绍，"轻量化设计让这个匹配重卡的400kWh系统 电池包减重110公斤，如此就能提升车辆续航时间和载重能力。" 从柴油动力"一家独大"，到清洁能源动力"奋起逆袭"，近年来国内重卡市场发生了翻天覆地的变化。在这场政策驱动与技 术革新交织的转型浪潮中，有一个身影一直牢牢稳坐重卡商用车动力市场的头把交椅，它就是潍柴动力股份有限公司（以下简 称"潍柴动力"）。潍柴动力是见证者，更是引领者——从柴油发 ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不 負 責，對 其 準 確 性 或 完 整 性 亦 不 發 表 任 何 聲 明，並 明 確 表 示 概 不 就 因 本 公 告 全 部或任何部份內容而產生或因依賴該等內容而引起的任何損失承擔任何責任。 濰柴動力股份有限公司 WEICHAI POWER CO., LTD. （於 中 華 人 民 共 和 國 註 冊 成 立 的 股 份 有 限 公 司） （股 份 代 號：2338） 海外監管公告 本公告乃根據香港聯合交易所有限公司（「聯交所」）證券上市規則第13.10B條 而 作 出。 茲載列濰柴動力股份有限公司（「本公司」）在深圳證券交易所網站刊登日期為 二 零 二 五 年 三 月 二 十 七 日 的 公 告，僅 供 參 閱。中 文 公 告 的 全 文 刊 登 於 聯 交 所 及 本 公 司 網 站。 承董事會命 董事長 馬常海 中國山東濰坊 二零二五年三月二十七日 於本公告刊發之日，本公司執行董事為馬常海先生、王德成先生、黃維彪先生、 孫 少 軍 先 生、袁 宏 明 先 生 及 馬 旭 耀 先 生；本 公 司 非 執 行 董 事 為 張 良 富 ...

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