Goldman Sachs has released a research report stating 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 of solid oxide fuel cells (SOFC). Meanwhile, the company's A-shares have not reflected either factor. Despite H-shares and A-shares rising 129% and 81% year-to-date, respectively, Weichai Power remains the most inexpensive stock based on price-to-earnings ratio within the global artificial intelligence data center (AIDC) power supply chain. The firm maintained its "Buy" rating and 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 recent quarterly results from U.S. peers not only reaffirmed a positive outlook for AI-related capital expenditure but also highlighted the growing importance of RICE and SOFC as on-site primary power solutions. Goldman Sachs believes Weichai Power offers the best investment opportunity in this segment across Asian markets.