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Weichai Power Co., Ltd.
Weichai Power Co., Ltd. is a Chinese developer and manufacturer of diesel engines in Weifang, Shandong in the People's Republic of China. It also manufactures forklifts and non-diesel engine automotive parts. History Weichai Power was founded on 23 December 2002. Its shares began trading on the Hong Kong Stock Exchange in 2004 and the Shenzhen Stock Exchange in 2007. In 2009, Weichai bought French marine engine manufacturer Moteurs Baudouin. In 2012, it agreed to buy a 25% stake in German forklift manufacturer KION Group for ; the stake grew to 38.25% by 2016. Weichai became the first Scuderia Ferrari sponsor from China in January 2013; the sponsorship was to end in 2016. The company appeared on the Fortune 500 list for the first time in 2021, ranking 425th. Since 1999, Weichai Group has partnered itself with Bosch (company), Bosch, an engineering company based in Gerlingen, Gerlingen, Germany, to share research and development on technologies such as fuel cells and Comm ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Weichai Group
Weichai Holding Group Co., Ltd. ( zh, c=潍柴控股集团有限公司) is a Chinese state-owned enterprise specialized in the design, manufacturing and sale of diesel engines. The company operates on four different business sectors which are engines and vehicles, powertrains, luxury yacht and automotive parts. Headquartered in Weifang, Shandong Province, China, the Weichai Group is holding more than 80 subsidiaries set throughout China and overseas. The group offers products, services and technologies for commercial vehicles, construction machinery, marine power, agriculture machinery and power generation. Thanks to its subsidiaries, it also provides transporting equipment, buses, luxury yachts and hydraulics products. Having more than 35 offices and 245 authorized services stations through the world, Weichai products are sold in approximately 110 countries. Group History From the origins to 2007 Weichai, formerly known as Yucheng Ironworks, was founded in 1946 in Weihai, Sha ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |