Going to one hundred billion US dollars Weichai Group is standing at a new starting point to build an international strong company

On February 5, 2018, Weichai Group held a mobilization meeting for breakthroughs of 200 billion yuan in recognition and 100 billion US dollars in Weifang, summarizing and commending advanced collectives that have made outstanding contributions to the development of enterprises. Wei Shuang, secretary of the Weifang Municipal Committee and director of the Standing Committee of the Municipal People’s Congress Liu Shuguang Tsang Xuguang, the party committee secretary and chairman of the Shandong Heavy Industry Group and the chairman of Weichai Group, gave the banner and fully blew the clarion call to 100 billion U.S. dollars.

The 2017 that was just past is an extraordinary and memorable year in the history of Weichai. With the joint efforts of 80,000 employees worldwide, Weichai Group's consolidated operating income exceeded RMB 220 billion, creating the highest level in history and officially entering the ranks of international enterprise groups. This is another Weichai miracle that was jointly created by all the Weichai people after making the first hurdle to the RMB 200 billion mark in the first billion in succession in 2013. They handed over to this great era with practical actions and brilliant achievements. A satisfactory answer sheet.

In this year, Weichai people raced against the clock to win the second and use it for two days and a half. They tried their best to win the market delivery war. From the 180,000 units at the beginning of the year to 300,000 units in the first half of the year, to 620,000 units in the whole year, Weichai people Constantly creating records; playing a beautiful high-yield battle; this year, in the face of market demand and customer expectations, Weichai marketing officers carry forward the glorious tradition of the steel team and the division of the tiger wolf. Taiwan and Taiwan must compete, transforming from passionate marketing to value marketing, accurately positioning market segments, efficiently meeting customer needs, and creating sales success. The company sold 620,000 engines a year, an increase of 60% year-on-year. The heavy truck and construction machinery power continue to maintain the leading position in the industry. The high-end engines of the WP13 and H platforms have become the next-generation star products; this year, Weichai has challenged the first and accelerated technological innovation at full speed, introduced a series of incentive policies, and established a number of high-end technological innovations. The platform has greatly stimulated the enthusiasm of the scientific and technological personnel for innovation and has emerged a large number of advanced models. In particular, the “Three High” test team of the Weichai Engine Technology Research Institute has always worked in a difficult and extreme extreme special environment. It has not been afraid of dangers, dangers, loyal dedication, pioneering and innovation, and has made product research and development and technological innovation for enterprises. Outstanding Contribution. The deeds of the “Three High” team were shocking and the spirit of the “Three High” team spread throughout the country.

Weichai Group representatives

This year, Weichai was facing the future, integrating global quality resources, and the new energy business strategy was accelerated. Focusing on the challenges of new energy in the future, Chairman Tan Xuguang has visited Europe, Japan, the United States, and Canada several times and penetrated the forefront of the global new energy industry revolution. He systematically investigated the future trend of science and technology, and clarified Weichai's new energy business. The strategic blueprint and action path laid a solid foundation for promoting the full implementation of new energy in 2018. Weichai actively strived for key special projects in new energy countries, promoted the construction of new energy power industrial parks, and received strong support from the Ministry of Science and Technology, Shandong Province, and Weifang City.

In this year, Weichai's overseas businesses have fully developed by strengthening cooperation and deepening the “Belt and Road” market. KION, Ferretti, Linde Hydraulics, and Bodu Security are profitable. Weichai has created a model for the “going out” development of Chinese companies. The strategic investment PSI has opened up access to the high-end market in the United States and has comprehensively challenged world-class companies. The Weichai-Maze Joint Venture Company formally laid the foundation for the Belarusian Zhongbai Industrial Park. On the basis of the Indian plant, Weichai also launched another overseas engine localization manufacturing base. Weichai has been deepening the markets of Southeast Asia, the Commonwealth of Independent States, Middle East and North Africa, and South Asia, laying a solid foundation for major breakthroughs in general export trade. We are proud to see that the banner of the internationalization of Weichai is flying high all over the world!

Weichai picks up a hundred billion US dollars flag

From December 18th to 28th, 2017, Weichai held a new product exhibition of “New Energy New Weichai New Leap” in Jinan. Secretary Liu Jiayi, Governor Gong Zheng, Deputy Secretary Wang Wentao, Vice Governor Li Qun, Wang Shujian Vice Governor and Secretary Liu Shuguang visited the on-site inspection instruction and fully affirmed the development of Weichai.

In the face of tremendous achievements in the development of Weichai’s innovation and development, Tan Xuguang expressed that thanks to this great era, the great development of the country has created tremendous opportunities for us. The victory of the party’s Nineteenth Congress has ushered in a high quality development. In the new era, we are grateful to all levels of government for their support and assistance to Weichai's development. In particular, leaders from Weifang City and Gaoxin District have visited Weichai for many times to guide and express sympathy to our employees. We have given us cordial attention and tremendous encouragement. We are grateful for the cooperation. The love and trust of our partners and friends have always been with us and support each other. Thanks to the 80,000 cadres around the world, they stick to their positions and dedication, and use the passion of “a day when they use it for two days and a half” to vividly explain Weichai’s culture that “does not contend for the first place” and practice “Customer Satisfaction is The core value of our aim is to make arduous efforts for the development of the company and successfully complete all tasks.

Weichai Group Chairman Tan Xuguang

The conference read out the recognition award and awarded the Weichai Power “Three High” experimental team “Hero Team” honorary title, awarded the Weichai Power Engine Plate domestic marketing team “steel team” honorary title, awarded to the No. 1 factory, the No. 2 factory, etc. 10 units are "2017 Advanced Units."

Liu Weiguang, Secretary of the Municipal Committee of Weifang City and Chairman of the Standing Committee of the Municipal People’s Congress, Li Kuangduan, Vice Mayor of Weifang Municipal Committee, and Mayor Tan Xuguang and other leaders of the front row of the rostrum jointly presented awards to the winners of the advanced unit. Jiang Kui, deputy secretary and general manager of the Party Committee of Shandong Heavy Industry Group Co., Ltd. "Iron Team" and "Hero Team" awards.

Standing at the starting point of 220 billion yuan, Weichai will go on a new journey. Liu Shuguang, secretary of the Weifang Municipal Party Committee and director of the Standing Committee of the Municipal People’s Congress, granted Tan Xuguang the banner of “Towards 100 billion U.S. Dollars”.

After accepting the banner of "reaching 100 billion U.S. dollars," Tan Xuguang said that new things must be done in the new era. We must not forget our early intentions and continue to advance. We must fully open up the strategic development path that will reach US$100 billion and go all out to meet new challenges and create new glories. We must unswervingly take heavy burdens in Weifang to build a new energy green power city, take the lead in the transformation of old and new kinetic energy in Shandong Province, and take the lead in becoming a strong international enterprise in the journey to build a socialist modernized country!

Liu Shuguang congratulated Weichai on the achievements of the past year. He said that during my stay in Weifang for more than six years, the thing that I was most proud of was the leapfrog development of Weichai. What moved me most was Wei Chai’s vast number of officers. And staff, Weichai is the representative of “Four Spirits” in the construction of Weifang City. Comrade Tan Xuguang is an outstanding representative of “Four Spirits”. Six years ago, we wrote “Supporting Weichai to Create an Internationalized Enterprise” in the government work report. Now that we have got our wish, Weichai has become an excellent international enterprise group and has become an example of the city. Weichai is a model of entrepreneurship, a model of transformation, a model of innovation, an example of openness, and a model of scientific management that is clean and honest. This “five paradigms” must be carried forward in Weifang City.

Liu Shuguang said that the Weifang Municipal Party Committee and Municipal Government will continue to support the development of Weichai, firmly convinced that under the leadership of Tan Xuguang's team leader, the high quality of US$100 billion will be just around the corner.

Li Kandang congratulated Weichai on its breakthrough performance of 220 billion yuan, and encouraged Weichai to follow the party’s Nineteenth Congress to continue innovation and development, accelerate the transition of kinetic energy; intensify the accumulation of talents, make good use of the first resources, and play a dynamic role, shouldering the burden The responsibilities of large enterprises will pick up the banner of the transformation of old and new kinetic energy, providing guidance and support for the city's enterprises in terms of technology and management. At the same time, we must speed up the construction of the new energy power industrial park, and form a good situation in which the leader leads, the chain extends, and the clusters advance together, and accelerate the creation of Weifang Power City.

Conference Recognition Team

On the same day, the Weifang Municipal Government and Weichai held the signing ceremony for the promotion of conversion of old and new kinetic energy to Weichai New Energy Industry Base. Wei Qing Municipal Party Committee Standing Committee Deputy Executive Mayor Zou Qingzhong, Weichai Group Party Committee Secretary and Deputy General Manager Xu Hong, signed the “Framework Agreement for Promoting the Transformation and Development of Power Equipment Industry Cooperation” on behalf of the municipal government and Weichai Group. According to the agreement, the company plans to invest RMB 50 billion in the future to build a new energy power industrial park and create a new chopping wood. Weifang City will rely on Weichai's new energy and power industry base to accelerate the creation of a 100 billion yuan new energy auto industrial cluster. This is also an important support for Weifang to build a strong industrial city.

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