Weichai Power Co., Ltd.
Summary
Revenue :
000,000 M USD
Finance :
000,000 M USD
Earning Cap :
000,000 M USD
Invest :
000,000 M USD
R & D :
0000 People
Growth :
00% AGR
DIGDAL CAP
Overview
| General Introduction | Weichai Power Co., Ltd. (HK2338, SZ000338) was founded in 2002 by Weichai Holding Group Co., Ltd. as the main initiator and in collaboration with domestic and foreign investors. It is a Hong Kong H-share listed enterprise in the Chinese internal combustion engine industry and a company that has returned to the mainland from overseas to relist on A-shares. In 2020, the company achieved a revenue of 197.49 billion yuan and a net profit attributable to the parent company of 9.21 billion yuan. The company has always adhered to the dual wheel drive operation strategy of product management and capital operation, and is committed to creating products with three core competitiveness of quality, technology, and cost. It has successfully built a pattern of coordinated development of industrial sectors such as powertrain (engine, gearbox, axle, hydraulic), complete vehicle, and intelligent logistics, We have brands such as "Weichai Power Engine", "Fast Transmission", "Hande Axle", "Shaanxi Automobile Heavy Truck", and "Linde Hydraulic". Weichai has R&D platforms such as the State Key Laboratory for Internal Combustion Engine Reliability, the National Research Center for Commercial Vehicle Powertrain Engineering Technology, the National Strategic Alliance for Industrial Innovation of New Energy Power Systems for Commercial Vehicles and Construction Machinery, the National Specialized Maker Space, research bases such as the "Postdoctoral Workstation", and a national intelligent manufacturing demonstration base. We have established research and development centers in Weifang, Shanghai, Xi'an, Chongqing, Yangzhou, and other places in China, as well as cutting-edge technology innovation centers in multiple regions around the world. We have established a global collaborative research and development platform to ensure that the technological level of enterprises always keeps up with the world's forefront. Weichai has established a service network consisting of over 6000 special maintenance service centers nationwide, and more than 400 maintenance service stations overseas. Its products are exported to over 110 countries and regions. In recent years, Weichai Power has won honorary titles such as the "First Prize of National Science and Technology Progress", "China Quality Award", "China Trademark Gold Award - Trademark Innovation Award", "National Enterprise Culture Demonstration Base", "National Quality Award", "China Industrial Award", and "Special Prize of China Machinery Industry Science and Technology Progress". Tan Xuguang, the chairman of the company, is currently serving as the secretary and chairman of the party committee of Shandong Heavy Industry Group, the chairman of Weichai Holding Group, the secretary and chairman of the party committee of China Heavy Duty Truck Group, and the director of the State Key Laboratory for Internal Combustion Engine Reliability; He also holds positions such as Vice Chairman of the China Internal Combustion Engine Society, Vice President of the China Machinery Industry Federation, and Honorary President of the China Internal Combustion Engine Industry Association; Continuously elected as a representative to the 10th, 11th, 12th, and 13th National People's Congress; It has successively won honorary titles such as the National model worker, China's Outstanding Quality Person, Liu Yuanzhang's Quality and Technical Contribution Award, Qilu Outstanding Talent Award, the "Most Beautiful Struggler" for the 70th anniversary of the founding of New China, Shandong Provincial Governor's Quality Award, and the National Innovation Prize, and enjoys special subsidies from the State Council. Weichai Power takes the whole vehicle and whole machine as the leading technology, and the power system as the core technology support, becoming a globally leading, respected, and sustainable intelligent industrial equipment multinational group. |
| Headquarter | Weifang |
| Establish Date | 12/23/2002 |
| Listed Code | 000338.SZ |
| Listed Date | 4/30/2007 |
| Chairman | Tan Xuguang. |
| CEO | Tan Xuguang, Wang Decheng. |
| Website | www.weichaipower.com |
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