（原标题：摩根大通减持潍柴动力(02338)约821.47万股 每股均价约26.67港元） 智通财经APP获悉，香港联交所最新资料显示，2月6日，摩根大通减持潍柴动力(02338)821.4741万股， 每股均价26.6735港元，总金额约为2.19亿港元。减持后最新持股数目约为1.55亿股，持股比例为 7.98%。 ...

香港联交所最新资料显示，2月6日，摩根大通减持潍柴动力（000338）(02338)821.4741万股，每股均价 26.6735港元，总金额约为2.19亿港元。减持后最新持股数目约为1.55亿股，持股比例为7.98%。 ...

本文源自：金融界AI电报 据香港交易所披露，摩根大通（JPMorgan）对潍柴动力股份有限公司 - H股的多头持仓比例于2026年2 月6日从8.41%降至7.98%。 ...

证券之星消息，2月12日山东国企改革板块较上一交易日上涨0.89%，雅博股份领涨。当日上证指数报收 于4134.02，上涨0.05%。深证成指报收于14283.0，上涨0.86%。山东国企改革板块个股涨跌见下表： 从资金流向上来看，当日山东国企改革板块主力资金净流入10.49亿元，游资资金净流出1.45亿元，散户 资金净流出9.04亿元。山东国企改革板块个股资金流向见下表： | 代码 | 名称 | 主力净流入(元) | 主力净占比 游资净流入 (元) | | 游资净占比 散户净流入 (元) | | 散户净占比 | | --- | --- | --- | --- | --- | --- | --- | --- | | 000977 | 浪潮信息 | 6.48 Z | 13.72% | -2.67 Z | -5.66% | -3.81 Z | -8.06% | | 000338 潍柴动力 | | 4.40 Z | 10.02% | 1.23亿 | 2.81% | -5.64 Z | -12.83% | | 600188 | 兖矿能源 | 1.74亿 | 8.43% | -2180.01万 | -1.06% | - ...

Core Viewpoint - The engineering machinery sector is experiencing significant growth driven by strong domestic and export demand, with sales data for excavators in January 2026 showing a 49.5% year-on-year increase, indicating a clear improvement in the industry's fundamentals [2][3]. Group 1: Market Performance - As of February 12, the Shanghai Composite Index rose by 0.02%, the Shenzhen Component Index increased by 0.32%, and the ChiNext Index gained 0.48%, with sectors like power equipment and small metals leading the gains [2]. - The Engineering Machinery ETF (E Fund, 159138) saw a rise of 1.27%, with constituent stocks such as Linde Co. (605060.SH) and China National Heavy Duty Truck Group (000951.SZ) increasing by over 5% [2]. Group 2: Industry Demand and Growth Drivers - The demand for engineering machinery is supported by factors such as increased construction activity, a rebound in iron ore and non-ferrous metal mining, and rising forestry investments, alongside a low base from the previous year [3]. - The domestic market is expected to see a mild recovery, bolstered by ongoing equipment renewal policies and the implementation of new industrialization and infrastructure initiatives [3]. Group 3: Global Market Dynamics - The global supply chain for mineral resources is being reshaped by increasing geopolitical tensions, leading to a heightened demand for mining companies to enhance their capital expenditures [3]. - Chinese manufacturers are expected to gain a larger share of the global market due to their cost-effectiveness and customized service capabilities, particularly in the context of the Belt and Road Initiative [3]. Group 4: Future Outlook - The domestic engineering machinery market is projected to continue its mild recovery into 2026, with core product sales expected to remain positive [4]. - The overseas sales growth of engineering machinery is anticipated to remain robust, particularly in Africa and countries along the Belt and Road, although competition and trade barriers may intensify [4].

Core Viewpoint - Weichai Power (000338)(02338) has seen its stock price rise over 4%, reaching a historical high of 30.98 HKD, driven by increasing demand for power supply solutions in the AI data center sector [1] Group 1: Company Performance - Weichai Power's stock increased by 4.73%, with a trading volume of 2.78 billion HKD [1] - The company is transitioning from primarily manufacturing heavy-duty truck powertrains to becoming a comprehensive supplier of AIDC power generation equipment [1] Group 2: Industry Context - Morgan Stanley has raised the projected cumulative power gap for U.S. data centers from 44 GW to 47 GW, equivalent to the total electricity consumption of 9 Miami or 15 Philadelphia [1] - The shortage of electricity supply is a critical bottleneck for the expansion of AI computing power, prompting tech giants to seek new solutions, including building their own power facilities [1] - Weichai Power's various AIDC power generation equipment businesses, such as reciprocating gas generator sets and SOFC, are expected to experience significant growth due to the rapid increase in global AIDC investments and the deepening electricity shortage in the U.S. [1]

Core Viewpoint - Weichai Power (02338) has seen its stock price rise over 4%, reaching a historical high of 30.98 HKD, driven by increasing demand for power supply solutions in the AI data center sector [1] Group 1: Company Performance - Weichai Power's stock increased by 4.73%, with a trading volume of 278 million HKD [1] - The company is transitioning from primarily manufacturing heavy-duty truck powertrains to becoming a comprehensive supplier of AIDC (Artificial Intelligence Data Center) power generation equipment [1] Group 2: Industry Trends - Morgan Stanley has raised the projected cumulative power shortfall for U.S. data centers from 44 GW to 47 GW, equivalent to the total electricity consumption of 9 Miami cities or 15 Philadelphia cities [1] - The shortage of electricity supply is a critical bottleneck for the expansion of AI computing power, prompting tech giants to seek new solutions, including building their own power facilities [1] - Weichai Power's various AIDC power generation equipment businesses, such as reciprocating gas generators and SOFC (Solid Oxide Fuel Cells), are expected to experience significant growth due to the rapid increase in global AIDC investments and the ongoing electricity shortage in the U.S. [1]

Group 1 - The core point of the article highlights the performance of the Basic Fundamental 120 ETF managed by Harvest Fund Management, which opened at 2.504 yuan with a slight increase of 0.08% [1] - The ETF's performance benchmark is the Shenzhen Basic Fundamental 120 Index, and it has achieved a return of 150.22% since its inception on August 1, 2011, with a recent one-month return of 1.30% [1] Group 2 - Major holdings in the ETF include companies such as CATL, which increased by 0.54%, and Midea Group, which decreased by 0.29% [1] - Other notable stock performances include Gree Electric Appliances down by 0.21%, BOE Technology Group unchanged, Ping An Bank unchanged, Luxshare Precision up by 0.22%, Vanke A up by 0.82%, TCL Technology down by 0.21%, Wuliangye down by 0.13%, and Weichai Power up by 1.62% [1]

北美缺电背景下如何看柴发产业链投资机遇？20260210 摘要 全球 AIDC 发电机组市场需求旺盛，尤其美国市场增长迅猛，预计未来 五年年化增长率达 30%，而中国市场也从 2024 年的 3,000 台增长到 2025 年的 5,000 台，但整体增速不及美国。柴油发电机组因海外缺电 和燃气轮机产能不足，需求持续增加。 中国企业在 AIDC 发电机组领域竞争激烈，主要围绕潍柴系、玉柴系和 上柴系展开，潍柴和玉柴 2025 年产能领先，预计上汽 2026 年产能也 将达到 3,000 台。国内市场中国企业市占率约为 40%，出海方面，潍 柴在北美市场领先。 潍柴动力通过潍柴重机生产 AIDC 发电机组，与三大运营商及华为系合 作紧密，2025 年国内销量 500 多台。公司计划推出 2-3 兆瓦新型气阀 设备，并研发中速燃气轮机和固态氧化物燃料电池（SOFC），后者具 备高客单价和高利润率优势。 潍柴传统业务稳步增长，重卡出海表现良好，凯傲智慧物流叉车业务预 计贡献约 10 亿人民币利润，预计 2026 年潍柴整体盈利目标 140 亿元 可实现。重卡行业利润端来自海外，发电业务高增长性或带来估值重估。 Q& ...

Summary of Key Points from Conference Call Records Industry Overview - The demand for diesel generators is surging, with global demand expected to reach 16,000 units by 2025, and the U.S. market commanding a high price of $500,000 per unit, indicating significant market size and price growth potential [1][4][5] - The trend of data centers adopting on-site power generation is becoming more pronounced, leading to increased demand for gas turbines, with Caterpillar reporting a significant rise in gas power generation orders [1][6] Company Insights Weichai Power (潍柴动力) - Weichai Power is expected to benefit from the increasing share of power energy products and capacity adjustments, which could enhance net profits and lead to a revaluation of its stock [1][3] - The company’s 16M33 gas generator has entered the high-end market in the Americas, with a power output comparable to Caterpillar, and is anticipated to secure primary power orders for data centers, projecting a net profit of approximately 12.5 billion RMB by 2027 [1][8] - The traditional business of Weichai Power is projected to yield a net profit of 12.5 billion RMB in 2027, with an overall market capitalization potential of around 300 billion RMB, indicating a 30% upside from current levels [1][9] Yinlun (银轮股份) - Yinlun has made significant progress in the gas generator cooling module sector, with ASP increasing from $20,000 to $150,000-$200,000, leading to substantial revenue and profit growth [1][11] - The company is also advancing in the AI server liquid cooling business, targeting major U.S. clients like NV, Meta, and Google, which could further expand its market share and profitability [2][12][13] - Yinlun's traditional business is expected to maintain double-digit growth, supported by operational efficiency improvements [15] Market Dynamics - The electric power landscape is changing significantly due to AI technology, impacting the automotive sector, particularly in the fields of gas and diesel engines [3] - Caterpillar and Cummins are leading players in the gas generator market, with Caterpillar planning to deliver approximately 1,200 units of 1.5 MW equipment in 2026 and at least 4 GW in 2027 to meet demand [10] Future Growth Areas - Yinlun is focusing on several growth areas, including traditional vehicle thermal management, AI server liquid cooling, gas generator modules, and robotics, which are expected to contribute to significant revenue and market capitalization growth [18] - The digital energy business, including photovoltaic thermal management and semiconductor thermal management, is also projected to achieve double-digit growth [16] Conclusion - Both Weichai Power and Yinlun are positioned to capitalize on the growing demand for power generation solutions and advanced cooling technologies, making them attractive investment opportunities in the current market landscape [1][7][18]