Weichai Group reports surge in overseas business
1 month ago

Weichai Group reports surge in overseas business

China Daily  

The 2025 Weichai Global Partners Conference is held in Weifang, East China's Shandong on Dec 10. The 2025 Weichai Global Partners Conference was held in Weifang, East China's Shandong on Dec 10, and dealers, agents, and consumers from around the world gathered together to deepen cooperation, strengthen friendships, and plan for the future. Attendees had the opportunity to observe Weichai's new products and engage in discussions about the cooperative development plan for 2025, which includes Weichai's multi-scenario, personalized, and modular product solutions, earning praise from global partners. According to official data, in 2024, Weichai's data center power generation products achieved strategic breakthroughs in developed markets such as Europe, America, and Southeast Asia, with export revenue increasing nearly sixfold year-on-year.

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History of this topic

Shandong Heavy Industry showcases innovation, partnerships in Mexico City
4 months, 2 weeks ago

Shandong Heavy Industry showcases innovation, partnerships in Mexico City

China Daily  

The Shandong Heavy Industry Group Global Partners Conference takes place in Mexico City on Aug 18, local time. The Shandong Heavy Industry Group Global Partners Conference took place in Mexico City on Aug 18, local time. Shandong Heavy Industry showcased nearly 100 core products and cutting-edge technologies from its six major business segments, offering customized, combined product solutions for various …

Global network boosts profile and expertise
9 months, 1 week ago

Global network boosts profile and expertise

China Daily  

The year 2009 marked an important milestone for Weichai Power, a leading internal combustion engine manufacturer in Weifang, Shandong province. Through international acquisitions, the enterprise has entered overseas high-end manufacturing markets, its technologies in many key fields have been enhanced and its business portfolio has diversified, said a staff member of Weichai Power. Today, Weichai Holding Group, the parent company …

Success story of Weichai Power aims to inspire
9 months, 1 week ago

Success story of Weichai Power aims to inspire

China Daily  

Weichai Power, a notable Chinese powertrain manufacturer based in Weifang, Shandong province, shared its experience of achieving a 30-time increase in market value compared to its initial public offering during an academic seminar held on Tuesday to showcase the 20-year reform, innovation and development achievements. On March 11, 2004, Weichai Power was listed on the Hong Kong Stock Exchange, becoming …

Success story of Weichai Power aims to inspire
9 months, 1 week ago

Success story of Weichai Power aims to inspire

China Daily  

Weichai Power, a notable Chinese powertrain manufacturer based in Weifang, Shandong province, shared its experience of achieving a 30-time increase in market value compared to its initial public offering during an academic seminar held on Tuesday to showcase the 20-year reform, innovation and development achievements. On March 11, 2004, Weichai Power was listed on the Hong Kong Stock Exchange, becoming …

Weichai Power makes significant strides over past two decades
9 months, 2 weeks ago

Weichai Power makes significant strides over past two decades

China Daily  

On March 26, Tan Xuguang, chairman of Sinotruk and Weichai Power, delivered a keynote speech at the Weichai Power's 20th Anniversary of Listing & Reform, Innovation and Development Achievement Seminar held in Weifang city, located in East China's Shandong province. The Weichai Power's 20th Anniversary of Listing & Reform, Innovation and Development Achievement Seminar held in Weifang, Shandong province. Weichai …

2024 marks a milestone for Shandong Heavy Industry Group- Weichai Power: A global CEO conference celebrating two decades of expansion
11 months ago

2024 marks a milestone for Shandong Heavy Industry Group- Weichai Power: A global CEO conference celebrating two decades of expansion

China Daily  

On Feb 4, leaders from across the globe gathered in Weifang, China, for the fifth Shandong Heavy Industry Group - Weichai Power Global CEO Conference, an event that drew 58 C-suite and other top management executives from Shandong Heavy Industry Group's operations across 14 countries and regions. Tan Xuguang, chairman of both Shandong Heavy Industry Group and Weichai Power, chaired …

Weichai, Bosch strengthen ties in technological innovation
1 year, 2 months ago

Weichai, Bosch strengthen ties in technological innovation

China Daily  

Weichai Group, one of China's leading heavy vehicle and component manufacturers, and Bosch Group, a world leading global supplier of technology and services, signed a strategic cooperation agreement on future scientific and technological innovation on Nov 3. According to the agreement, the two sides will deepen cooperation in new energy, high thermal efficiency diesel engines, intelligent transportation and other fields, …

Weichai park seeks to bolster industrial chain
3 years ago

Weichai park seeks to bolster industrial chain

China Daily  

Weichai International Supporting Industrial Park, located in Weifang Hi-Tech Industrial Development Zone, is piloting industrial chain investment promotion and exploring a new way in achieving high-quality development in the market economy. The park, in East China's Shandong province, has introduced 36 leading companies including Switzerland's Tyco and Japan's Iwatani, two listed companies on the A-share main board and nine foreign-invested …

Weichai Power's Tokyo center stresses solidarity with Shandong
4 years, 10 months ago

Weichai Power's Tokyo center stresses solidarity with Shandong

China Daily  

Liu Jiayi, Party chief of Shandong province, wrote to all staff members at the Weichai Power Science and Technology Innovation Center on Feb 28, thanking them for their support amid the epidemic. Medical supplies donated by the Weichai Power Science and Technology Innovation Center arrive in Shandong. "Shandong will continue to support the development of the Weichai Power Science and …

Shandong fuels foreign trade amid epidemic
4 years, 10 months ago

Shandong fuels foreign trade amid epidemic

China Daily  

Shandong province, an economic powerhouse in East China, has been providing strong support in the fight against the novel coronavirus epidemic while also promoting economic and social development. "Trade frictions and protectionism have cast a shadow over global trade; nevertheless, Weichai has pledged to expand the foreign market under the Belt and Road Initiative," said Tan Xuguang, chairman of Weichai …

Weichai expands globally by investing in specialist companies
4 years, 11 months ago

Weichai expands globally by investing in specialist companies

China Daily  

For Moteurs Baudouin, a marine diesel engine manufacturer in France, Weichai's inroads marked a turning point in its history. When Weichai's management team first visited Baudouin to discuss acquisition details, workers of Baudouin were hostile. Over the past 10 years, Weichai invested in many businesses, including Italian yacht-maker Ferretti and leading alternative-fuel power system developer Power Solutions International in Germany. …

Weichai chairman speaks on international expansion
5 years, 2 months ago

Weichai chairman speaks on international expansion

China Daily  

Tan Xuguang, chairman of Weichai Power speaks at the opening ceremony of the first Qingdao Multinationals Summit in East China's Shandong province on Oct 19. Weichai Power, a leading Chinese heavy-duty truck and components developer, shared its experience in global cooperation at the first Qingdao Multinationals Summit, in Shandong province on Oct 19. “The key to our strategy is adopting …

From modest beginnings, Weichai Power becomes a diversified conglomerate
5 years, 8 months ago

From modest beginnings, Weichai Power becomes a diversified conglomerate

China Daily  

Weichai Power, headquartered in Weifang, East China's Shandong province, has transformed itself from a small regional State-owned diesel combustion engine producer into a diversified global conglomerate with a strong presence in fields such as heavy-duty trucks, transmissions, forklifts, hydraulic parts and automatic logistics systems, after being listed on the Hong Kong Stock Exchange for 15 years. Weichai Power's pace of …

Integrating world's innovation resources
5 years, 9 months ago

Integrating world's innovation resources

China Daily  

M&As help Weichai to evolve from an engine-maker to conglomerate Weichai Group, a State-owned enterprise or SOE based in Weifang, East China's Shandong province, has metamorphosed from an engine-maker until 2009 into a conglomerate now, with a global presence across powertrain systems, intelligent logistics, automotive, construction machinery and luxury yacht sectors. Its strategy toward that goal is to integrate global …

Integrating world's innovation resources
5 years, 9 months ago

Integrating world's innovation resources

China Daily  

Workers assemble hydraulic products at the Linde Hydraulics factory in Aschaffenburg, Germany. Its strategy toward that goal is to integrate global resources via mergers and acquisitions, and establish innovation centers at home as well as abroad, said Tan Xuguang, Weichai's chairman. "Standing on the shoulders of giants, we integrate the world's leading innovation resources into ours to build Weichai into …

Focus on comprehensive strength gives Weichai strong yearly results
5 years, 9 months ago

Focus on comprehensive strength gives Weichai strong yearly results

China Daily  

Weichai Power reported robust business performance and steady growth in 2018, according to its annual results released on Tuesday. Net cash flow gained from Weichai's daily business increased by 35.4 percent year-on-year to 22.26 billion yuan. The remarkable evolution of Weichai Power was realized by its "two-wheel drive" mode, which means as it developed competitive products for the market, the …

Weichai products prove popular in overseas markets
5 years, 10 months ago

Weichai products prove popular in overseas markets

China Daily  

Weichai serve the Korean electricity market. Weichai, the engine, transmission and axle developer, automobile electronics supplier and heavy vehicle parts maker in Weifang Hi-tech Industrial Development Zone saw big growth in both domestic and international markets in January with an increase of imports and exports. Exports of Baudouin, a subsidiary of Weichai, increased by 91 percent year-on-year, due to Weichai’s …

Weichai scoops top prize for breakthrough in powertrain development
5 years, 11 months ago

Weichai scoops top prize for breakthrough in powertrain development

China Daily  

Weichai Power, the engine, transmission and axle developer and heavy vehicles, automobile electronics and parts maker in Weifang Hi-tech Industrial Development Zone, was awarded first prize at the 2018 National Science and Technology Progress Awards for its breakthroughs in commercial vehicle powertrain development and applications. "Weichai Power used its industrial strength and shouldered its responsibilities to support the wider brand …

Weichai Group roars ahead with global expansion plans
6 years, 1 month ago

Weichai Group roars ahead with global expansion plans

China Daily  

Weichai Group, the heavy-truck and components developer and manufacturer in Weifang Hi-Tech Industrial Development Zone, has vowed to develop itself into a leading global company. Participants shared their opinions on how Weichai can more effectively bring its products to the world's markets so it can achieve its ambition to be an international industrial equipment production group with leading world-class technologies. …

Weichai Group roars ahead with global expansion plans
6 years, 1 month ago

Weichai Group roars ahead with global expansion plans

China Daily  

Weichai Group, the heavy-truck and components developer and manufacturer in Weifang Hi-Tech Industrial Development Zone, has vowed to develop itself into a leading global company. Participants shared their opinions on how Weichai can more effectively bring its products to the world's markets so it can achieve its ambition to be an international industrial equipment production group with leading world-class technologies. …

Weichai expands its global presence
6 years, 1 month ago

Weichai expands its global presence

China Daily  

Weichai Group, China's leading automobile and equipment manufacturer, held the 2019 Overseas Agent Conference on Dec 2 in Xi'an, capital city of Shaanxi province. Weichai powerplants are exhibited during the 2019 Overseas Agent Conference on Dec 2 in Xi'an, capital city of Shaanxi province. Overseas merchants exchange opinions on the Weichai product exhibition during the 2019 Overseas Agent Conference on …

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