On June 4, Weichai Power rose 3.21% in regular trading, trading at 41.16 HKD/share, with trading volume of 2.37 billion HKD.

On the news front, Generac — Weichai Power's exclusive North American AIDC diesel generator supply partner — announced on June 2 that it signed a global supply agreement with a top hyperscale data center operator to provide backup generator sets for data center infrastructure projects. The order is estimated at approximately USD 600 million, bringing Generac's cumulative order backlog to approximately USD 1.3 billion.

This development further reinforces Weichai Power's positioning in the AI data center power supply chain. The company reported first-quarter data center engine sales exceeding 500 units, representing year-over-year growth of over 240%. JPMorgan recently raised its H-share target price from 40 HKD to 52 HKD, maintaining an Overweight rating, while Goldman Sachs reiterated a Buy rating with a 56 HKD target, both citing measurable milestones in the company's power transformation strategy.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)