On June 18, Weichai Power rose 3.27% in regular trading, trading at 39.64 HKD/share with turnover of 113 million HKD, extending its recent rebound trend.

On the news front, the company disclosed during recent institutional research activities that heavy truck market demand remained robust in May. According to China Association of Automobile Manufacturers data, the heavy truck industry recorded sales of 544,000 units in the first five months, representing a 23% year-over-year increase. The company expects full-year heavy truck industry sales to maintain steady growth, with its own heavy truck engine sales achieving stable year-over-year improvement driven by both domestic and overseas demand.

Additionally, domestic new energy heavy truck sales reached 72,000 units in the first four months, surging 56% year-over-year, as the company accelerates its new energy strategic deployment. The company also highlighted its data center power energy product portfolio covering diesel engines, natural gas engines, and SOFC technologies. Institutional forecasts project Q2 net profit of approximately 3.498 billion yuan, up 19.3% year-over-year, following Q1 revenue of 62.56 billion yuan with 8.9% growth and net profit of 3.09 billion yuan with 13.8% growth.

(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.)