潍柴动力-业绩回顾-2025 年下半年前景向好，拥抱新能源转型并致力于提升股东回报；买入

1 September 2025 | 11:30PM HKT Weichai Power (000338.SZ) Earnings Review: Better 2H25 outlook, embracing new energy transition and committed shareholder return enhancement; Buy (on CL) | 000338.SZ | 12m Price Target: Rmb20.50 | Price: Rmb14.81 | Upside: 38.4% | | --- | --- | --- | --- | | 2338.HK | 12m Price Target: HK$21.00 | Price: HK$16.01 | Upside: 31.2% | Weichai hosted an analyst briefing call on Sep 1 post its 2Q25 results (see our first take). Key takeaways from the call include: 1) strong rebound i ...