Goldman Sachs has issued a research report, pioneering the market by elevating its long-term profit projections for Weichai Power (02338) to mirror the enhanced prospects of its power generation segment. The investment banking giant has reaffirmed its 'Buy' recommendation and dramatically increased the target price from HK$21 to HK$37. This move underscores Goldman Sachs's belief that Weichai Power stands to be a major beneficiary in the Asian AIDC (Artificial Intelligence Data Center) power generation landscape. Projections indicate that by 2030, its AIDC power generation business will witness a 3.3-fold expansion, with profit contributions escalating to roughly one-third of the company's total profits. Additionally, Goldman Sachs has revised upwards its earnings per share forecasts for Weichai Power for the periods from 2025 to 2027 and beyond, asserting that the evolution in its investment rationale justifies a reevaluation of the company's valuation.