Weichai

Founded in 1946, Weichai Holding Group Co., Ltd. It is the main subsidiary of Shandong Heavy Industry Group Co., Ltd. It has developed into a leading multinational industrial equipment manufacturing company in China with significant influence in the global market. Currently, the company has subsidiaries, including Weichai Power, Shacman, Weichai Lovol Smart Agriculture, Fast Transmission, Hande Axle, Torch spark plug, Ferretti (Italy), KION (Germany), Hydraulic Transmission (Germany), Dematic (USA), PSI (USA), Baudouin (France), Ballard (Canada) and other well-known brands at home and abroad. There are 7 companies with 10 shares registered in the country and abroad. The company employs 100,000 people worldwide and has an annual revenue of more than 350 billion yuan .

The Group's core business covers seven business segments, including powertrain systems, commercial vehicles, agricultural machinery, construction machinery, intelligent logistics, marine mobility, and energy solutions. Its branches are located in Europe, North America, Asia and other regions, and its products are exported to more than 150 countries and regions around the world. The company ranks first in the world in terms of sales of powerful engines and transmissions, industrial forklifts and luxury yachts are leading, and sales of agricultural machinery and heavy-duty trucks occupy the first place in China. It has national innovation platforms such as the State Key Laboratory of Engines and Powertrains, the National Innovation Center for Fuel Cell Technology, the National Research Center for Assembly Technologies of Powertrains for Commercial Vehicles, the National Center for Industrial Design, the National Center for Product Quality Control and Testing of Internal Combustion Engines, the National Center for the Development of Internal Combustion Engines. An industrial measurement and Testing Center, as well as a Nationally Certified Corporate Technology Center. Ten advanced innovation centers have been established in many countries of the world and a global system of joint research and development has been established. The company has received 9 national awards in the field of science and technology, including 1 first prize of the National Prize for Scientific and Technological Progress (2018).

Weichai fulfills its corporate social responsibility as a pioneer, actively implements the requirements of environmentally friendly, low-carbon and high-quality development, and leads the equipment production chain to high-end and win-win development. It has won honorary titles such as National Civilized Organization, National Advanced Grassroots Party Organization, Exemplary Independent Innovation Enterprise, National Innovation Enterprise, China Quality Award, China Patent Gold Award, China Trademark Gold Award - Trademark Innovation Award, China Industry Award and National Demonstration the base of corporate culture.

On March 8, 2018, when General Secretary Xi Jinping participated in the discussion of the Shandong Provincial delegation at the first session of the 13th National People's Congress, he gave an important instruction after hearing Weichai's report: "Weichai has achieved excellent results over ten years of development, and this is very important. it brings satisfaction", "All successful businesses that have risen to the top of the business rely on focusing on the core business. "