Strategic leadership + innovation drives Weichai to lead the internal combustion engine industry

Recently, the "China Enterprise Top 500 Enterprise Summit Forum" was held in Hunan and the grand list of 2016 Top 500 Chinese Enterprises was announced. Weichai Group ranked 171 in the Top 500 Chinese Enterprises in 2016, 73rd in China's Top 500 Manufacturing Companies, and No. 28 in China’s Top 100 Multinationals, and continued to lead the internal combustion engine industry.

Product innovation depends on strength

Under the complicated economic situation, "strategy-driven innovation drive" is the supreme magic weapon for Weichai Group to lead the industry. In 2015, the overall domestic engine industry declined, and some companies were embarrassed and even panicked. Weichai Group responded calmly, and its domestic businesses developed steadily, and overseas businesses achieved significant improvement. Behind these, it is Weichai's consistent adherence to innovation and development, and it is also the corporate responsibility that leads the industry to upgrade and move toward high-end.

Weichai WP13 10000th offline Weichai WP13 10000th offline

In January 2015, Weichai introduced WP13, a Chinese heavy-duty commercial vehicle, once again defining productivity and leading China’s heavy trucks into the era of 500+. In July 2016, the 10000th Weichai WP13 was off the assembly line, ignoring the domestic 13L heavy truck engine market with a market share of 53.72%.

In April 2016, the only national key laboratory for the reliability of internal combustion engines in the industry settled in Weichai. We hope that we can do more to improve the reliability of the internal combustion engine industry and gradually solve the bottleneck that restricts the development of China's internal combustion engine technology.

The only national key laboratory for the reliability of internal combustion engines in the industry settled in Weichai The only press conference on the reliability of the State Key Laboratory of Internal Combustion Engines in the industry

On April 28th, 2016, the WP9H/WP10H, the first product of the H platform independently developed and manufactured by Weichai, was launched on the market, with a life expectancy of 1.8 million km/30,000 hours, establishing a higher standard of high-speed, heavy-duty engine life, and once again shocking the domestic market. Engine company.

Internationalization depends on strength

Capital mergers and acquisitions, overseas investment and establishment of factories, technical output, and direct trade are important measures for the internationalization of Weichai. In 2015, Weichai Group's overseas business was fully developed. Of the 100 yuan of sales revenue, 57 yuan came from overseas markets, while the overseas market contributed higher profits.

In recent years, Weichai Group has successively acquired the French Baudouin Company, Italy Ferretti Company, and the German Kion Group, and achieved success.

In 2015, the KION Group achieved sales revenue of 5.09 billion yuan and achieved a net profit of 221 million euros, which greatly enhanced Weichai's performance and overall strength.

In FY2015, Ferrari’s consolidated output value reached 410 million Euros, a year-on-year increase of 23%; the launch of six new models of Ferretti Yachts, Riva, Bosing and custom Ferretti brands is the absolute driving force for growth.

In April 2016, the new M26.3 engine launched by Baudouin was certified by the US EPA, and it has just received 20 orders from the United States.

Linde Hydraulic's new plant is completed and put into production, which will significantly increase hydraulic product production capacity Linde hydraulic new plant completed and put into production

In July 2016, Linde Hydraulic's new plant was completed and put into production, which will significantly increase the production capacity of hydraulic products.

Weichai’s technology license export projects to the markets of Myanmar and Ethiopia are in full swing. The factories invested and built in India have been mass-produced, and they have quickly occupied the local market.

From Weifang to China, from Asia to Europe, the Americas... Weichai is using a beautiful report card to make selfless contributions and step forward on the road to the rise of China's equipment manufacturing industry.

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