Weichai Power's stock price soared by 5.20% during the intraday session on Thursday, following the release of its first-quarter financial results.

The strong movement was driven by the company's robust Q1 2026 earnings report, which showed revenue of 62.563 billion yuan, an increase of 8.87% year-over-year. Net profit attributable to shareholders grew even faster, rising 13.83% to 3.085 billion yuan, indicating significant margin improvement and enhanced profitability.

A key growth driver was the explosive performance of the data center engine business, with sales surging approximately 259% year-over-year. This surge is attributed to the global AI computing boom and accelerated construction of large-scale data centers. Additionally, the company's new energy power system revenue saw remarkable growth of around 200% year-over-year, reaching 1.69 billion yuan. The company's strategic transition towards high-growth segments like data center power and new energy, while maintaining a stable traditional powertrain foundation, is viewed positively by the market.