WEICHAI

潍柴

Founded in 1946, Weichai Holding Group Co., Ltd. is one of the earliest manufacturers of diesel engines in China. It is a large-scale enterprise that integrates power systems, automotive businesses, engineering machinery, intelligent logistics, agricultural equipment, marine transportation equipment, and more. Under its umbrella, it owns multiple brands including Weichai Power, Shaanxi Heavy-duty Automobile, Weichai Lovol Intelligent Agriculture, Fast Gear, Hande Axle, Torch Spark Plug, as well as internationally renowned brands such as Italy’s FPT, Germany’s KION Group, Germany’s Linde Hydraulics, the United States’ Dematic, PSI, France’s Baudouin, and Canada’s Ballard. It has 8 listed companies at home and abroad, with a total of 10 stocks. The group has a global workforce of 100,000 people, with an annual revenue exceeding 300 billion RMB. It ranks 86th in the Fortune China 500, 31st in the China Manufacturing 500, and 18th in the China’s Top 100 Transnational Corporations Index, with a transnational index of 39.06%.

Weichai Group’s main business covers six major sectors: power systems, commercial vehicles, agricultural equipment, engineering machinery, intelligent logistics, and marine transportation equipment. Its subsidiaries are distributed in Europe, North America, Asia, and other regions, with products exported to more than 150 countries and regions. Weichai Group has a national key laboratory for internal combustion engines and power systems, a national fuel cell technology innovation center, a national internal combustion engine industry measurement and testing center, a national internal combustion engine product quality inspection and testing center, and a national commercial vehicle powertrain engineering technology research center, among other national-level platforms. It has established cutting-edge innovation centers in various global locations and built a global collaborative research and development system. It has won 8 national-level science and technology awards, including 2 first prizes for national scientific and technological progress (in 2016 and 2018).

Weichai Group models exemplary corporate social responsibility, actively practices green, low-carbon, and high-quality development, and leads the equipment manufacturing industry towards high-level and win-win development. It has received numerous honors such as National Civilized Unit, National Advanced Grassroots Party Organization, Exemplary Enterprise in Independent Innovation, National Innovative Enterprise, China Quality Award, China Trademark Gold Award • Trademark Innovation Award, China Industry Award, and National Enterprise Culture Demonstration Base.