Weichai Power (02338) announced its annual results for the period ending December 31, 2025. The group recorded revenue of RMB 231.809 billion, representing a year-on-year increase of 7.47%. Net profit attributable to equity shareholders of the parent company amounted to RMB 10.931 billion, a decrease of 4.15% compared to the previous year. Basic earnings per share were RMB 1.27, and a final dividend of RMB 0.374 per share is proposed.

According to the announcement, the company benefited from the overall positive performance of the heavy-duty truck industry in 2025, which drove an increase in sales of the group's heavy-duty truck vehicles. Additionally, driven by a surge in global energy and electricity demand, demand for high-power generators increased, contributing to growth in the group's generator-related business revenue.

Revenue from main operations reached approximately RMB 229.925 billion, an increase of approximately RMB 16.08 billion, or about 7.5%, compared to approximately RMB 213.845 billion in the same period last year. During the reporting period, the company maintained its leading position in the industry, continuously optimized its product sales structure, and achieved explosive growth in strategic businesses.

Engine sales reached 743,000 units, up 1.3% year-on-year. Among these, engine exports totaled 75,000 units, an increase of 8% compared to the previous year. Sales of Hande axles reached 1 million units, rising 25% year-on-year. Sales of Fast transmissions amounted to 911,000 units, growing 7% year-on-year.

The "three-electric" business generated revenue of RMB 3.04 billion, doubling from the previous year. Within this segment, battery sales increased by 162% year-on-year, sales of independently developed motors rose 219% year-on-year, and sales of independently developed motor controllers grew 56% year-on-year.