潍柴动力_增长驱动估值重估_因潍柴扩大 AIDC 备用发动机与 SOFC 规模上调目标价

Asia Pacific Equity Research 09 November 2025 This material is neither intended to be distributed to Mainland China investors nor to provide securities investment consultancy services within the territory of Mainland China. This material or any portion hereof may not be reprinted, sold or redistributed without the written consent of J.P. Morgan. Weichai Power - H/A Re-rating on growth: raising PT as Weichai scales AIDC back-up engines and SOFC We are raising our price target for Weichai to HK$31 and Rmb31 f ...