Citigroup released a research report saying that Weichai Power's stock price fell 10% in the past week, and its performance was lower than the AIDC/SOFC/AI weighted index, reflecting that the valuation gap between downstream AIDC equipment manufacturers and upstream manufacturers may widen further; the bank expects the company's third-quarter revenue to be 56.6 billion yuan. The bank estimates that the average stock price of Weichai Power since this year was 14.6% lower than the weighted index. Yesterday, Weichai's stock price was 39% lower than the index, the biggest gap since this year. Regarding the outlook for the third quarter, Citi mentioned that Weichai has yet to export AIDC gas engines. It is estimated that it shipped about 1,300 passive AIDC diesel engines in the third quarter, compared to 1,400 units in the first half of the year; the bank expects Weichai's net profit for the third quarter to be about 4 billion to 4.1 billion yuan.

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