Weichai Power - A/H Global marketing, Chairman insights, and Caterpillar read-throughs: Why Weichai remains a top pick in AIDC power

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Weichai Power - A/H Global marketing, Chairman insights, and Caterpillar read-throughs: Why Weichai remains a top pick in AIDC power

Asia Pacific Equity Research

11 June 2026

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Weichai Power - A/H

Global marketing, Chairman insights, and Caterpillar

read-throughs: Why Weichai remains a top pick in

AIDC power

Investor feedback from our recent global marketing trip across the US, Infrastructure, Industrials &

UK, Singapore, and China confirms that Weichai Power remains a focal Transport

point for global capital as it accelerates its transformation into a leading Karen Li, CFA AC

integrated power and energy solutions provider. Clients consistently agree (852) 2800-8589

that Weichai is among the best-positioned onsite power plays globally, karen.yy.li@jpmorgan.com

citing the company’s superior execution, proven capabilities for rapid Mufan Shi

capacity expansion, and its ability to deliver total solutions and continuous (852) 2800-8502 mufan.shi@jpmorgan.com

technology advancements. Investors highlight that, compared to global Jenny Qiu, CFA

peers, Weichai stands out not only for its scale and speed but also for the (852) 2800 8503

profitability of its power and energy segment, which is already delivering jenny.qiu@jpmorgan.com

margins and earnings elasticity well above the industry average. The Beatrice Lam

company’s strategic direction and execution have drawn increasingly (852) 2800-8738