Core Insights - The demand for high-power diesel generator sets has reached unprecedented heights due to the boom in Artificial Intelligence Data Centers (AIDC), leading to explosive growth in products from Weichai Power Co., Ltd [2] Market Demand - Weichai Power delivered 15 units of 2000kW Weichai 12M55 diesel generator sets to the largest data center in Zhejiang, and also received orders from Latin America for 3 units of Weichai 16M55 generator sets [3] - The company reported a nearly 5-fold year-on-year increase in sales of data center engine products in the first half of the year, driven by strong domestic and rapid overseas market expansion [3] - Weichai's high-end products, including large-bore engines, saw sales exceed 5,000 units, a 41% increase year-on-year, while data center engines sold nearly 600 units, marking a 491% increase [3] Market Size and Growth - The large-bore engine segment accounts for approximately 70% to 80% of the total cost of diesel generator sets, with the Chinese market for large-bore diesel engines for data centers expected to approach 10 billion yuan by 2025, and the global market projected to exceed 40 billion yuan by 2026 [4] Global Market Share - The market for large-bore engines for data centers has been dominated by foreign brands, which held about 80% of the market share in China in 2024 [5] - Domestic manufacturers, including Weichai Power, are expected to increase their global market share due to technological advancements and limited short-term capacity from foreign competitors [5] - Weichai Power has established a strong competitive position in the data center backup power market through a decade-long development of its entire series of large-bore high-speed engines [5] Competitive Advantages - Rapid delivery capability has become a significant advantage for domestic brands, with Weichai Power's intelligent production line enabling quick turnaround times [6] - The company can deliver products in less than two months, compared to over ten months for foreign brands, enhancing its competitiveness in a market with compressed construction cycles [6] - The AIDC market's high growth is shifting the competitive landscape from technology monopolies to speed of response, with Weichai Power leading the charge in electric and intelligent technology [6] Product Development - Weichai Power has completed the full product lineup for data center generator sets, with maximum power reaching 5MW [7] - Recent successful tests of the 2600kW containerized high-pressure generator set demonstrated high reliability, including 240 hours of testing under various load conditions [7]