Core Viewpoint - Weichai Group is committed to becoming a leader in the global high-end equipment industry by enhancing collaboration with global partners and focusing on technological advancement and green development [3][35]. Group 1: Company Performance and Strategy - In the first three quarters of the year, Weichai achieved a revenue growth of 6% year-on-year, with engine exports increasing by 30% [3]. - Weichai aims to transition from being an excellent equipment manufacturer to a co-creator of value, focusing on product value, customer relationships, and industrial win-win scenarios [3]. - The company has invested over 30 billion yuan in R&D in the engine sector over the past decade, maintaining a research intensity of over 6% [9]. Group 2: Product Development and Innovation - Weichai showcased nearly 60 star products in its power system, covering a displacement range of 2-340L and power output from 18-10,000 kW [7]. - The company has developed a comprehensive range of energy technologies, including high-efficiency diesel engines, pure electric, hydrogen internal combustion engines, and solid oxide fuel cells [9]. - The launch of the LHY hydraulic brand marks Weichai's transition from a single component supplier to a system solution provider, enhancing its global competitiveness [15][17]. Group 3: Market Expansion and Customer Engagement - Weichai is actively expanding its presence in the "Belt and Road" markets by tailoring solutions to local market characteristics and promoting localized manufacturing [25]. - The M series large-bore products have established a differentiated competitive advantage in high-value markets, with a 400% year-on-year increase in sales for data center business in the first three quarters [27][29]. - Weichai emphasizes customer satisfaction as its core mission, integrating a full lifecycle service approach to build long-term partnerships with clients [31]. Group 4: Recognition and Future Outlook - The global partner conference highlighted Weichai's achievements and set a new starting point for leading the globalization of high-end green equipment [35]. - Weichai's strategic restructuring of 10 overseas enterprises has resulted in stable growth, demonstrating the effectiveness of its collaborative development model [35].