Having more than 80,000 employees in the world, the group has achieved 220.8 billion RMB sales income in 2017, ranked 155th of China top 500 enterprises in 2017, 60th of China top 500 manufacturing enterprises and 2nd of China top 100 machinery industry enterprises.
WEICHAI Group's business scope covers vehicle, construction machinery, powertrain, intelligent logistics, luxury yacht, finance and services six business platforms in China. It is an interdisciplinary, multi-industry international company, with branch companies locating in Europe, North America and Southeast Asia, with wholly owned or holding subsidiaries setting in Shandong, Shaanxi, Hunan, Chongqing, Jiangsu, Fujian, Shanghai, Beijing and other cities.
Group holding subsidiary - Weichai Power Co., Ltd. (HK2338, SZ000338) is an A + H listed company, is the only enterprise group possesses the gold industry chain of power system (including engine, transmission and axle), heavy vehicles, automobile electronics and parts; Another holding subsidiary - Weichai Heavy Machinery Co., Ltd. (SZ000880), covering the product platform of large, medium and small whole series of marine power and power generation equipment, and was listed in Shenzhen Stock Exchange in April 2007. Among them, through the merger and absorption of Xiang Torch listed in Shenzhen Stock Exchange, WEICHAI Power became the first Chinese enterprise of realizing back from H shares to A shares of the blue chip through merger and absorption, creating the "WEICHAI model" in capital market.
On January 10, 2012, WEICHAI Group restructured the world's largest luxury yacht manufacturing enterprise-Italy Ferretti, began to enter into the world's top yacht manufacturing field, and its industrial chain got further extension, marked the enterprise has made a solid step on industrial structure adjustment and international development. On September 3, 2012, Weichai Power, a subsidiary of the group signed a strategic cooperation agreement with one of the world premier industrial forklift truck manufacturer and the global leader of the hydraulic technology -- KION Group Germany, marked the core technologies of enterprise directly into the world's leading level，revolutionized the situation of long-term dependence on imports of China's high-end hydraulic products completely.
Take "Green Power, International Weichai" as our mission, at the end of the 13th five-year plan, Weichai Group will try to achieve the grand vision of "sales income topping 200 billion Yuan", become a sustainably developing world-leading international industrial equipment manufacturing group with core technologies, taking engines and vehicles as the orientation and powertrain system as the core.
