HK Stock Market Move | Weichai Power (02338) rose more than 4% in the morning trading session. Sales of engines for data centers reached 1400 units for the year, an increase of 259% compared to the previous year.

Weichai Power (02338) rose more than 4% in the morning session, rising 4.21% to 31.2 Hong Kong dollars as of the time of writing, with a turnover of 322 million Hong Kong dollars. On the news front, Weichai Power recently released its investor relations activity record. The company achieved an operating income of 231.8 billion yuan for the year, an increase of 7.5% year-on-year, reaching a new all-time high; net profit attributable to shareholders was 10.9 billion yuan. Specifically, the company sold 104,000 units of power generation engines, an increase of 15% year-on-year, with sales of large-bore engines exceeding 10,000 units for the first time in a year, an increase of 32% year-on-year, generating revenue of 5.81 billion yuan, an increase of 65% year-on-year; sales of engines for data centers increased significantly by 259% to around 1,400 units. It is worth noting that in January 2026, Shandong Heavy Industry Group officially announced the establishment of its seventh major business unit - Power Energy. The Power Energy sector focuses on data center generators and SOFC as its core business, covering key scenarios such as data centers, oil fields, mines, and waterway power grids, providing integrated power solutions. Weichai Power, as the core entity of this sector, has established a comprehensive power energy business system covering all scenarios.