Goldman Sachs has released a research report indicating that the recent rally in Weichai Power's H-shares has begun to reflect the growth potential of reciprocating internal combustion engines (RICE), but has not yet priced in the prospects for solid oxide fuel cells (SOFC). Meanwhile, the company's A-shares have not reflected either of these factors. Despite H-shares and A-shares having surged 129% and 81% year-to-date respectively, they remain among the most inexpensive stocks based on price-to-earnings ratios within the global artificial intelligence data center power supply chain. The firm maintains its "Buy" rating and has raised its target prices for H-shares and A-shares from HK$46 and RMB 42 to HK$56 and RMB 48, respectively. The report noted that the recent quarterly results of US peers not only reaffirmed the positive outlook for AI-related capital expenditure but also highlighted the increasingly important role of RICE and SOFC as on-site primary power solutions. Goldman Sachs believes that Weichai Power offers one of the best investment opportunities in this sector within the Asian market.