Weichai Power (27.41, 0.58, 2.16%) (000338) announced today that the company intends to apply for public issuance of medium-term notes in the national interbank bond market. The proposed issuance size is not more than RMB 2.7 billion and the proposed issuance period is five years. The interest rate is determined by market pricing and is intended to be underwritten by China Merchants Bank (12.33, 0.07, 0.57%). The issuance method is the balance underwriting, and the redemption method is annual coupon and maturity repayment. The funds to be raised will be used to supplement the company's interim liquidity, repay the company's borrowings, improve the company's debt structure, and other expenses permitted by the provisions of the medium-term notes.

The company also announced that it has entered into daily related-party transaction agreements or supplementary agreements with related parties. It is expected that the total amount of continuing connected transactions of the company's headquarters in 2008, 2009, and 2010 will be approximately RMB 2.2 billion, RMB 3.8 billion, and RMB 4.5 billion respectively. The total amount of continuing related party transactions of other subsidiaries in 2008, 2009, and 2010 are capped at approximately 3.8 billion yuan, 4.6 billion yuan, and 5.5 billion yuan respectively.

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Application of excavator hydraulic cylinder:
The hydraulic cylinder of an excavator is an important component, mainly used to control the movement of the excavator's mechanical arm, stick, bucket head, and other parts. Specific application scenarios include:
1. Construction engineering: Excavator hydraulic cylinders can be used for excavation and transportation of earthwork, excavation of foundation pits, road construction, pipeline laying, and other construction projects.
2. Mining: Excavator hydraulic cylinders can be used for ore mining, blasting, transportation, and loading in mining.
3. Agricultural production: excavator hydraulic cylinder can be used for Land consolidation, irrigation and drainage, ditch excavation, crop harvesting and other work in agricultural production.
4. Hydraulic engineering: Excavator hydraulic cylinders can be used for river dredging, embankment construction, reservoir construction, and other work in hydraulic engineering.
5. Garbage treatment: The excavator hydraulic cylinder can be used for garbage cleaning, compression, transportation, and landfill in garbage treatment.
In summary, excavator hydraulic cylinders are widely used in various engineering and production fields, and are important tools for improving work efficiency and production efficiency.

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