Weichai Power Co., Ltd. provided group earnings guidance for the year ended 31 December 2023. The board of directors announced that, based on a preliminary review of the consolidated management accounts of the Company, the group is expected to record approximately RMB 8,584 million to RMB 9,320 million in the net profit attributable to the shareholders of the parent for the year ended 31 December 2023, representing an increase of approximately 75% to 90% as compared with that for the year ended 31 December 2022. Such increase in the net profit attributable to the shareholders of the parent was mainly due to the Group seizing opportunities of structural growth in the heavy duty truck industry, actively deepening structural adjustment, and vigorously breaking through strategic markets, resulting in the sales of relevant products of the Group showing a high growth trend and driving the performance to achieve a substantial year-on-year growth.