Founded in 1946, Weichai Holding Group Co., Ltd. is the core subsidiary of Shandong Heavy Industry Group Co., Ltd. It has developed into a leading multinational industrial equipment group in China with significant global influence. Currently, it has subsidiaries including Weichai Power, Shacman, Weichai Lovol Smart Agriculture, Fast Transmission, Hande Axle, Torch spark plug, Ferretti of Italy, KION of Germany, Linde Hydraulics of Germany, Dematic of the US, PSI of the US, Baudouin of France, Ballard of Cananda and other well-known brands at home and abroad. There are 7 listed companies at home and abroad with 10 stocks. It has 100,000 employees worldwide and an annual revenue of more than 300 billion yuan.

The Group’s main business covers six business segments, including powertrain systems, commercial vehicles, agricultural equipment, construction machinery, intelligent logistics, and marine mobility. Its subsidiaries are among Europe, North America, Asia and other regions, and its products are exported to more than 150 countries and regions. Its sales volume of heavy-duty engines and transmission ranks first in the world, industrial forklifts and luxury yachts lead the world, agricultural equipment sales rank first in China, and heavy-duty trucks lead in China. It has national innovation platforms such as the State Key Laboratory of Engine and Powertrain System, the National Fuel Cell Technology Innovation Center, the National Commercial Vehicle Powertrain System Assembly Engineering Technology Research Center, the National Industrial Design Center, the National Internal Combustion Engine Product Quality Inspection and Testing Center, the National Internal Combustion Engine Industry Measurement and Testing Center, and the National Certified Enterprise Technology Center. Ten frontier innovation centers have been set up in many places around the world, and a global collaborative research and development system has been established. It has won 9 national science and technology awards, including 1 First Prize of National Science and Technology Progress Prize (2018).

Weichai fulfills its corporate social responsibility as a pioneer, actively implements the requirements of green, low-carbon and high-quality development, and leads the equipment manufacturing industry chain to high-end and win-win development. It has won honorary titles such as National Civilized Organization, National Advanced Grass-roots Party Organization, Model Enterprise of Independent Innovation, National Innovative Enterprise, China Quality Award, China Patent Gold Award, China Trademark Gold Award - Trademark Innovation Award, China Industry Award, and National Enterprise Culture Demonstration Base.

On March 8, 2018, when General Secretary Xi Jinping participated in the deliberation of the Shandong delegation at the first session of the 13th National People's Congress, he made an important instruction after listening to the report of Weichai: "Weichai has handed in a brilliant result in ten years of development, and it is satisfying", "All successful enterprises that have climbed to the top of the business rely on focusing on the main business."

Website:https://en.weichai.com