Weichai Power (02338) rose more than 5% in afternoon trading. As of the time of writing, the stock was up 5.08% to HK$25.6, with a turnover of HK$545 million. Benefiting from robust order growth, GEV, which originally planned to achieve an annual gas turbine capacity of 20GW by Q3 2026, has now moved this target forward to the first half of 2026 and further increased its expansion plan to 24GW by 2028. To support the increased capacity, GEV is expected to invest a total of $10 billion in capital expenditure from 2025 to 2028. Dongwu Securities believes that due to the highly complex gas turbine supply chain, which deeply shares upstream resources with the aviation and defense industries, the overall pace of capacity expansion is constrained and struggles to quickly match the explosive growth in orders; against this backdrop, GEV's upward revision of its expansion target further confirms the ongoing upward trend in the gas turbine industry's prosperity. Dongwu Securities stated that against the backdrop of accelerating AIDC construction, the gap between power supply and demand continues to widen, and the gas turbine industry is expected to begin a new upward cycle. The construction of AI data centers brings substantial electricity demand and imposes high requirements for power reliability and stability, creating significant substitution potential in the gas turbine market, and they are optimistic about the opportunities for domestic equipment suppliers to benefit. Changjiang Securities pointed out that the company is actively positioning itself in data center backup power diesel engines (large-bore) and primary power SOFC; among these, the large-bore business has already entered a period of rapid volume growth, with performance continuously being realized; SOFC is experiencing strong overseas demand, and the company has currently secured letters of intent, with immense future growth potential as the project reaches mass production scale by 2027.