面对形势复杂的动力产业，龙头企业潍柴集团却在危机中育新机，于变局中开新局，2025年以营业总收 入3550亿元、同比增长14%的涨幅再创历史新高，交出了高质量发展的答卷。 在这份可圈可点的成绩单中，最让商用汽车新闻传媒关注的是，高附加值产品的爆发式增长。就在不久 前，山东重工集团正式将电力能源升格为集团第七大业务板块，而潍柴动力（000338）作为核心承载主 体，凭借技术沉淀与市场积累，在数据中心发电设备、SOFC等领域已构筑起差异化竞争优势。 而这正是潍柴围绕"新能源、数智化、后市场"三大战略锚点，持续巩固在全球装备制造业领域优势地位 的成果。上述三大战略的转型，无一不是高附加值产品，也是潍柴践行长期主义最生动的例证，伟大的 企业也许有很多厉害之处，但回归到第一性原理，长期结构上的"不可替代"是他们共同的底色。 因此，从第一性原理出发来重新看待潍柴的话，就会看到坚持长期主义的潍柴，一直是从定性、战略性 的角度去追求长期的增长，而非短期的回报，所以才有了2025年高附加值产品的爆发。 典型例子一个是电力能源，以高附加值M系列大缸径发动机为代表；另一个则是高端动力，以道路动力 旗舰产品4.0燃气机为代表。 20 ...

Core Viewpoint - Shandong Heavy Industry Group has officially launched its seventh business segment, Power Energy, aiming to enter the global data center power generation equipment and solid oxide fuel cell markets, indicating a strategic focus on cultivating new growth areas [1] Group 1: Business Development - The Power Energy business is primarily concentrated in Weichai Power, which has established a multi-faceted new energy landscape through its technological accumulation and market presence in data center power generation equipment and solid oxide fuel cells [3] - The rapid growth of the artificial intelligence industry has led to an explosive increase in AI data centers, with energy demand expected to double by 2030, reaching approximately 945 TWh, creating a significant market opportunity for efficient and reliable power solutions [3] Group 2: Product and Market Position - Weichai Power is a leading domestic natural gas engine manufacturer, integrating cutting-edge global technologies into its gas power products, which cover various scenarios including commercial vehicles and power generation equipment [3] - Solid oxide fuel cells (SOFC) are emerging as a leading technology for data center energy supply due to their high energy conversion efficiency and low carbon footprint, with commercial demand expected to accelerate [4] - Weichai Power has positioned itself as one of the earliest companies to integrate SOFC systems, achieving a maximum power generation efficiency exceeding 65% and forming a differentiated competitive advantage [6] Group 3: Market Demand and Product Launch - The demand for backup power in data centers is robust, with diesel generators being the most common backup power source, and Weichai Power has successfully completed product deliveries in various data center projects, enhancing its market recognition [6] - In 2025, Weichai Power is set to launch the world's first 5-megawatt high-speed diesel generator set, marking a significant breakthrough in the global high-end market for data center backup power [6]

Core Viewpoint - Shandong Heavy Industry Group has officially launched its seventh business segment, Power Energy, aiming to enter the global data center power generation equipment and solid oxide fuel cell markets, thereby cultivating new strategic growth areas [1] Group 1: Strategic Transition - Weichai Power is accelerating its transformation from a traditional power leader to a "diversified energy power solution provider" [1] - The strategic upgrade signifies Weichai Power's establishment of a technological moat in the power generation sector [1] Group 2: Market Context - The global digitalization process and the ongoing construction boom of large data centers have led to unprecedented demand for power supply and backup power assurance [1] - Weichai Power has developed a comprehensive energy solution capability through a multi-faceted approach, integrating diesel power, natural gas power, solid oxide fuel cells, and new energy [1] Group 3: Growth Potential - This strategic elevation not only opens up significant growth opportunities but also positions Weichai Power as a potential leader and definitional force in the new power energy sector [1]