Weichai Power is principally engaged in the design, development, production, sales, and maintenance of diesel engines and related parts, as well as diesel engines and ancillary products. Among them, the vehicle and assembly accounted for 50.63% of operating revenue, engines accounted for 25.16%, and other auto parts accounted for 10.04%. The development capability of Weichai Power ranks in the forefront of the domestic industry, and the overall level of technology and equipment ranks the leading position in China; the average occupancy rate of WD615 and WD618 diesel engines produced by the company in the heavy-duty auto and construction machinery market reaches more than 75%, and in recent years, 10L/12L is large. Power diesel engines have always maintained market leadership. Benefiting from the 4 trillion government investment stimulus, the heavy truck market showed signs of recovery. After entering the year of 2009, Weichai Power's orders are showing a month-to-month rise, which has been increasing month-on-month for three consecutive months. This is mainly driven by the government’s RMB 4 trillion investment. The recovery of orders mainly concentrated on the engines of dump trucks for construction machinery engines and heavy trucks. KGI estimates that the annual heavy-duty truck market (including complete vehicles, non-integrated vehicles and semi-trailer tractors) will decline by about 5% from 2008, and the corresponding forecasts for Weichai Power Engine, Fast Transmission and Shaanxi Zhongqi Sales growth from 2008 will be +5.2%, -6.5% and -10% respectively. The first quarter of 2009 will see a significant increase from the fourth quarter of 2008. Weichai Power recently announced that its sales revenue in 2008 was approximately RMB 33.1 billion, operating profit was between RMB 2-43.8 billion, and total profit was between RMB 2.6 and 2.9 billion. The total profit of the company in the first three quarters was 3.04 billion yuan, so it was estimated that Weichai Power's loss in the fourth quarter of 2008 was about 1.4-4.4 billion yuan, and EPS was estimated to be about 0.17 yuan in 4Q08. Looking forward to the first quarter of 2009, due to the high base in 2008, the year-on-year decline in performance will be unavoidable, but compared to the fourth quarter of 2008, revenue is expected to grow by around 30%. Considering that China National Heavy Duty Truck EGR has forced the company to carry out product promotion, gross profit margin has not been significantly improved compared with the same period of last year. Taken together, KGI expects EPS to reach about 0.41 yuan in 2009, and will increase significantly from -0.17 yuan in 4Q08. Bubble Tea And Drink Packaging Bubble Tea And Drink Packaging ,Bubble Tea Packaging,Drink Packaging ,Beverage Packaging Jiangsu Fantasy Packaging New Material Co., Ltd. , https://www.jsfantasypack.com