About Weichai Power Company

The company (HK2338, SZ000338) was founded in 2002 by Weichai Holding Group Co., Ltd. as the main sponsor and with domestic and foreign investors. It is an enterprise in the Chinese internal combustion engine industry that is listed on Hong Kong's H-shares, and is also a company that has returned to the mainland from abroad to achieve A-share re-listing. In 2022, the company achieved operating income of 175.16 billion yuan and net profit of 4.91 billion yuan to its parent. The company adheres to two-wheel drive in product management and capital operation, and is committed to creating the three core competitive products with the highest quality, technology and cost, and has successfully built a new pattern of collaborative development of industrial sectors such as powertrains (engines, transmissions, axles, hydraulics), complete vehicles, agricultural equipment, and intelligent logistics. The company's main products include a full range of engines, transmissions, axles, hydraulic products, heavy vehicles, forklifts, supply chain solutions, fuel cell systems and components, agricultural equipment, automotive electronics and components, etc. The company has received honors such as winning the National Quality Award in 2007; being awarded the honorary title of “National Corporate Culture Demonstration Base” in 2011; and the company's “WP10/WP12 Series Heavy High Speed Engine and Key Technology” winning the China Machinery Industry Science and Technology Progress Award.