Core Viewpoint - ESG has transitioned from an optional agenda to a core driver in global capital markets, with investors focusing on ESG for risk management and long-term value creation [1] Group 1: ESG Performance and Recognition - Weichai Power has been awarded the "ESG Social Responsibility Excellence Enterprise" by Gelonghui, recognizing its achievements in environmental protection, social responsibility, and corporate governance [1] - The award reflects Weichai Power's future development potential and demonstrates its efforts in ESG, serving as a model for traditional manufacturing leaders in the sustainable development wave [1] Group 2: Green Dynamics and Industry Transformation - The heavy-duty truck industry faces significant pressure from traditional diesel products due to high emissions, but Weichai Power is driving a green transition through technological innovation and energy structure upgrades [2] - In 2024, Weichai Power achieved a world record with a diesel engine featuring a thermal efficiency of 53.09%, showcasing its commitment to energy-saving potential [2] - The company is expanding its presence in the new energy sector with a comprehensive range of commercial vehicle power batteries, including pure electric, hydrogen fuel, and methanol technologies, forming a "zero-carbon power matrix" [2] - Weichai Power's dual strategy of "traditional optimization + new energy substitution" aligns with ESG's environmental demands and sets a benchmark for the heavy-duty truck industry [2] Group 3: Policy and Market Opportunities - Weichai Power is actively engaging in energy-saving technology projects and promoting renewable energy utilization, positioning itself favorably in the global competition [3] - The demand for low-carbon products is surging, with Weichai Power's hydrogen fuel trucks being utilized in significant projects, demonstrating the commercial viability of green technologies [3] - The company is integrating ESG standards into cross-border mergers and acquisitions, creating a positive cycle of "technology synergy - carbon footprint optimization - market access" [3] - Weichai Power has maintained an A rating in Wind ESG ratings for four consecutive years, reflecting its sustainable practices and financial performance, with revenues exceeding 210 billion and net profits of 11.4 billion [3] Group 4: Governance and Social Responsibility - Weichai Power has established a three-tier ESG management structure, embedding ESG governance into its core operations, ensuring that it is a key decision-making factor [6] - The company emphasizes high governance standards to enhance operational efficiency and market competitiveness, gaining trust from investors and society [6] - In terms of social responsibility, Weichai Power focuses on employee welfare, achieving a 97% overall employee satisfaction rate in 2024 [7] - The company integrates sustainable development into its supply chain management and actively participates in community service and public welfare activities, with social contributions amounting to 21.99 million in 2024 [7] Group 5: Conclusion - Weichai Power exemplifies the synergy between heavy industry and sustainable development, showcasing a transformation from efficiency-first to responsibility-first in Chinese manufacturing [8] - The company is leading the way in sustainable practices through technological innovation and responsible governance, steering the Chinese power equipment industry towards a sustainable future [8]