Weichai Heavy Machinery (000880.SZ): The company's generator sets are not directly related to data centers and computing power, which are core equipment.
24/02/2025
GMT Eight
Weichai Heavy Machinery (000880.SZ) announced that the closing price of the company's stock has deviated by more than 20% for three consecutive trading days on February 20, February 21, and February 24, 2025. According to the relevant regulations of the Shenzhen Stock Exchange Trading Rules, this situation constitutes abnormal fluctuations in stock trading.
The company has observed high market attention to the concept of computing power and the data center power supply sector. The company primarily develops, manufactures, and sells engines and power integration systems for the marine power and power generation equipment market, as well as generator sets and power integration systems. The main business has not changed. Among these, the company's generator sets can be used as backup power sources in data centers, but they are not core equipment directly related to data centers and computing power. The size and development speed of downstream markets such as computing power have inherent uncertainty, which also poses significant uncertainty to the company's business.