HK Stock Market Move | Weichai Power (02338) opened more than 10% lower, with annual revenue exceeding 230 billion yuan and a net profit decline of 4.15% year-on-year.

Weichai Power (02338) opened more than 10% lower, falling 10.7% as of the time of this report, at 23.86 Hong Kong dollars, with a trading volume of 12.97 million Hong Kong dollars. In terms of news, Weichai Power announced that the company's operating income in 2025 reached 231.809 billion yuan, a year-on-year increase of 7.47%; the net profit attributable to shareholders of the listed company was 10.931 billion yuan, a year-on-year decrease of 4.15%. The announcement stated that its subsidiary KION GROUP AG incurred related expenses of 1.276 billion yuan for its efficiency plan in the current period, affecting the net profit attributable to shareholders of the listed company by 393 million yuan.