2020-2025年1-10月中国发动机产量统计图 上市企业：潍柴动力（000338）,动力新科（600841）,全柴动力（600218）,宗申动力（001696）,云内动 力（000903）,航发动力（600893）,隆鑫通用（603766）,广汽集团（601238） 相关报告：智研咨询发布的《2026-2032年中国汽车用天然气发动机行业市场运行态势及发展战略研究 报告》 根据国家统计局数据显示：2025年10月中国发动机产量为2.3亿千瓦，同比增长17.8%；2025年1-10月中 国发动机累计产量为20.5亿千瓦，累计增长6.9%。 数据来源：国家统计局，智研咨询整理 知前沿，问智研。智研咨询是中国一流产业咨询机构，十数年持续深耕产业研究领域，提供深度产业研 究报告、商业计划书、可行性研究报告及定制服务等一站式产业咨询服务。专业的角度、品质化的服 务、敏锐的市场洞察力，专注于提供完善的产业解决方案，为您的投资决策赋能。 ...

相关报告：智研咨询发布的《2026-2032年中国汽车用天然气发动机行业市场运行态势及发展战略研究 报告》 数据来源：中国海关，智研咨询整理 近一年中国车用发动机出口情况统计图 知前沿，问智研。智研咨询是中国一流产业咨询机构，十数年持续深耕产业研究领域，提供深度产业研 究报告、商业计划书、可行性研究报告及定制服务等一站式产业咨询服务。专业的角度、品质化的服 务、敏锐的市场洞察力，专注于提供完善的产业解决方案，为您的投资决策赋能。 数据来源：中国海关，智研咨询整理 根据中国海关数据显示：2025年10月中国车用发动机进口数量为1万台，同比下降23.2%，进口金额为 0.44亿美元，同比下降12.3%，2025年10月中国车用发动机出口数量为34万台，同比增长6.7%，出口金 额为2.08亿美元，同比下降10.5%。 近一年中国车用发动机进口情况统计图 ...

Core Viewpoint - Weichai Power (000338.SZ) has indicated that its large-bore engines and SOFC products can be widely applied in niche markets such as data centers [1] Group 1 - The company is focusing on the application of its large-bore engines in specific sectors [1] - SOFC products are highlighted for their potential use in data centers, indicating a strategic direction towards energy-efficient solutions [1]

Core Viewpoint - The logistics industry is increasingly focused on cost reduction and efficiency, with high-power, low-fuel-consumption, and highly reliable natural gas engines becoming the focal point in the heavy-duty truck market [1][4]. Group 1: Product Launch and Market Demand - Cummins officially launched the new flagship powertrain, the 16N natural gas engine, on December 8, featuring a powerful output of 720 horsepower, addressing the energy efficiency challenges in long-haul logistics and complex mountainous transport [2][4]. - The 16N engine aims to fill a market gap for high-power natural gas engines, particularly in the southwest and northwest regions of China, where customers have expressed a strong demand for high power and lower fuel consumption [6][19]. Group 2: Technical Innovations - The 16N engine underwent four years of deep research and over 5 million kilometers of road validation, designed specifically for natural gas fuel rather than being a simple modification of diesel engines, addressing long-standing limitations in the industry [8][10]. - The engine features a new strong swirl combustion system and a compression ratio of 15:1, achieving a brake thermal efficiency (BTE) close to 44%, which is industry-leading [9][10]. Group 3: Competitive Advantages - The 16N's core competitiveness lies in its dedicated design for natural gas, ensuring efficient combustion and significant fuel savings, with real-world tests showing up to 10% fuel consumption reduction in certain scenarios [10][12]. - The engine is equipped with advanced features such as a high-strength design, a long maintenance interval of 300,000 kilometers, and smart technology for enhanced safety and operational efficiency [12][19]. Group 4: Customization and Global Strategy - Cummins has established a comprehensive product line of natural gas engines, covering power outputs from 430 to 720 horsepower, tailored to various logistics scenarios [13][19]. - The company is expanding its production capacity and adapting its global strategy to meet the rising demand for natural gas engines, with plans for localized product development in diverse markets such as Southeast Asia, Africa, and South America [18][19].

Group 1: Business Outlook - The company aims to leverage its product mix advantages to penetrate various niche markets, including data centers, communications, oil and gas fields, and high-end manufacturing [2][3] - In the data center sector, the company plans to capitalize on its generator products' superior performance metrics, brand influence, market layout, and service network to expand its market share and impact [2] Group 2: Future Development of Changbo Company - Changbo Company is currently facing operational losses due to fluctuations in public vessel order demand and its wholly-owned subsidiary, Bo Xing Company, not yet realizing performance release [2][3] - The company recognizes Changbo's significant market potential and competitive advantages, including abundant business resources, well-established infrastructure, favorable geographic location, and product differentiation [3] - The strategy involves leveraging Changbo's competitive strengths through upstream and downstream industry chain collaboration to promote performance growth and achieve synergistic benefits [3] Group 3: Dividend and Shareholder Return Plans - The company places high importance on shareholder returns and actively responds to policy calls, planning to implement cash dividends twice a year based on comprehensive considerations of operational performance, financial status, market demands, and future development plans [3] - Future strategies will focus on "seeking progress while maintaining stability," emphasizing high-quality development and continuous profit improvement, while effectively utilizing various market value management tools to create greater value for investors [3]

Core Viewpoint - The company held a Q3 2025 earnings presentation on December 9, 2025, to provide insights into its operational results and financial status, emphasizing its commitment to innovation and market expansion in both traditional and new energy sectors [1]. Group 1: Earnings Presentation Overview - The earnings presentation was conducted via the Shanghai Stock Exchange's online platform, featuring participation from the company's chairman and key executives [1]. - The meeting aimed to address investor inquiries regarding the company's performance and future strategies [1]. Group 2: Investor Questions and Company Responses - The company plans to continue focusing on its core engine business while accelerating the development of new energy products such as hybrid, hydrogen fuel cells, and electric drive systems [2]. - The subsidiary Yuanjun Hydrogen is currently in the testing and trial production phase for hydrogen fuel cell systems, with no commercial application yet [2]. - The company aims to enhance its product structure and quality, expand market share, and explore overseas markets as potential growth areas for 2025 and beyond [2][3]. - The company is committed to technological innovation, increasing R&D efforts, and optimizing product performance across various energy types, including traditional and clean energy [2]. - To improve profitability, the company is focusing on market expansion, internal management enhancement, and cost reduction strategies [3].

当前，全球能源结构加速向清洁化、多元化转型，电力保障的刚性需求与技术革新的浪潮碰撞出巨大市场空间。在近日召开的山东重工潍柴集团2026年商务 大会能源电力分会上，来自全国各地的合作伙伴与行业专家齐聚一堂，剖析市场动态、细数成长亮点、解码行业风口、共话价值共生。 从行业数据的精准研判到亮眼业绩的持续兑现，从产品矩阵的全面布局到服务生态的深度构建，潍柴正以全链条优势，在能源变革的赛道上领跑前行。 行业风口下的业绩突围：数据见证增长韧性 生态赋能：营销+服务+技术的三位一体支撑 如果说产品是潍柴的核心竞争力，那么"营销+服务+技术"三位一体的客户支持模式，便是其筑牢客户粘性、实现持续发展的重要支撑。潍柴主动突破传统 设备供应商的角色定位，以全生命周期服务为核心，构建起与客户共生共荣的生态体系。 当前，全球能源电力市场正处于格局重构期，在复杂国际形势与技术迭代升级的双重作用下，市场呈现"挑战与机遇并存"的鲜明特征。大会发布的行业数据 显示，全球范围内发电用途、25kVA以上的柴油、天然气及双燃料高速发动机市场稳中有增，中国市场增幅高于全球平均水平。其中，大缸径发电市场成为 核心增长引擎，全球行业容量同比增长8%；中国 ...

（文章来源：证券日报） 证券日报网讯 12月9日，全柴动力在互动平台回答投资者提问时表示，公司的应收账款系行业回款特点 所致，日常应收款扣除周转金后按照商务合同约定收款，年末收回周转金，一般来说，前三季度末应收 款余额均高于年末。公司已按相关规定计提坏账准备。 ...

证券日报网讯12月9日，潍柴动力（000338）在互动平台回答投资者提问时表示，公司发电产品已出口 至美国、欧洲等市场。 ...

证券日报网讯12月9日，潍柴动力（000338）在互动平台回答投资者提问时表示，东南亚数据中心市场 正处于高速增长期，公司积极开拓东南亚数据中心市场并与国内的CSP企业在SOFC及柴发领域一直保 持着密切的沟通及合作，共同推进在东南亚数据中心的合作发展。 ...