Weichai Power(000338)2025-01-22 09:44Group 1: Natural Gas Heavy-Duty Engine Business - The company has maintained a high penetration rate in the natural gas heavy-duty truck market, benefiting from economic advantages and improved infrastructure [1] - With over 20 years of experience, the company possesses strong R&D capabilities and a solid technical foundation, maintaining its leading position in the industry [1] - In December 2024, the company will launch a new product for natural gas commercial vehicles, featuring high power, reliability, and safety to meet diverse customer needs [1] - The company aims to drive industry upgrades through product innovation and enhance market share with a comprehensive product layout and superior performance [1] Group 2: New Energy Product Development - The company has increased investment in technologies and applications for new energy directions, including fuel cells, pure electric, and hybrid systems [2] - A complete series of new energy commercial vehicle power batteries will be launched in December 2024, showcasing high safety, large capacity, lightweight, fast charging, long lifespan, and good low-temperature adaptability [2] - The company plans to seize opportunities in the new energy sector and create differentiated product advantages to penetrate various niche markets [2] Group 3: Large Bore Engine Business and Data Center Applications - The company has a comprehensive layout for large bore products, widely applied in data centers and public services, providing customized solutions with efficient project delivery capabilities [2] - The proportion of high-end products, represented by data center-related businesses, has significantly increased as the product structure continues to optimize [2] - The company intends to capitalize on global industry development opportunities, leveraging product technology advantages to accelerate market share and profitability in key high-end markets like data centers [2]