Fruitful 2010 Weichai this year

In 2010, I believe many heavy truck companies will not forget. This year's brilliant sales of millions of heavy trucks gave each company no glory. Weichai Group, as the leader of the engine industry, has seized the opportunity and shared the fruit of this sweet victory with its unremitting efforts.

Cooperation: Combining strengths to continuously expand the product market

Weichai actively seeks for cooperative partners while continuing to improve and develop itself, develops and expands its own business, and completes its product lineage. On January 14, 2010, Futian Auman released its new product brand platform in Shanghai - Auman GTL, and Tan Xuguang, chairman of Weichai Power at the launch ceremony, said that Weichai is the supplier partner of Foton Motor. Will become a strong combination to create a stronger Auman GTL. From this we can see that Weichai Power will also take a share of the Auman GTL heavy truck project and fully enter the high-end engine market, thereby further expanding its market share in the heavy-duty engine industry.

On May 10, 2010, Weichai Power and Foton Motor signed a strategic cooperation agreement in Changsha. Both parties will further increase cooperation in product chain innovation, improving resource allocation efficiency, jointly developing markets, and jointly building market service networks. For the development of the Hunan heavy truck industry, it will take off and take off.

In addition to the cooperation with Futian, Weichai has also reached a strategic cooperation with the truck company giant FAW Liberation. From May 18th to 20th, Weichai Power Chairman Tan Xuguang, Executive President Li Dakai, Sun Shaojun, and his 12-member delegation made a friendly visit to the FAW Liberation Company. The two parties negotiated the development of heavy-duty engines, heavy-duty engines and heavy-duty transmissions in the areas of further cooperation and reached consensus. Xu Jianyi, General Manager of FAW Liberation, and Tan Xuguang, Chairman of the Board, gave each other gifts. Deputy General Manager Dong Chunbo and Weichai Power CEO Zhang Quan signed the "China First Automobile Group Company and Weichai Power Co., Ltd. Strategic Cooperation Agreement." Finally, Weichai Power also visited the assembly line of the FAW Jiefang Truck Factory.

Development: R&D of uninterrupted new products

In July 2010, Lanqing Power WP5 and WP7 excavator engines developed by Shandong Heavy Industry Weichai Group were successfully developed. After rigorous testing and testing and will be formally put into the domestic market in the near future, this will help change Foreign Engines' Monopoly on China's Excavator Support Market.

In terms of truck accessory products, Weichai has never interrupted its R&D and innovation work, and persisted in seeking new styles and seeking good style. In September 2010, Blue Engine Power, which was praised as a “golden displacement” by truck companies, was upgraded, and Lanchuang Power II was launched.

In response to the actual operating conditions, usage habits and changes in user demand of domestic heavy trucks, Weichai Power, with its rich experience in heavy-duty engine R&D and manufacturing, has upgraded the Blue-Rise generation with three major configurations and developed the “oil-water-cooling-hydraulic-007”. "Electromagnetic temperature fan", "Turn to giant pump" as the second generation of products. Lanqing II currently covers 10 liters, 12 liters, and 13 liters of commercial vehicle engines, featuring large displacement, high torque, low fuel consumption, and high reliability.

The reason why Weichai was able to become the leading figure in the internal combustion engine industry was that Weichai had a complete production line, from components to the whole machine. On November 18, 2010, Weichai issued an announcement saying that it had encountered the development of the company. The bottleneck of production, the company plans to invest 600 million yuan to build an annual output of 40,000 tons of diesel engine key blanks construction projects. The main products of this project are high-quality rough parts such as engine block, cylinder head, flywheel, front cover, rear cover, bearing cover, and crankshaft. The project products are all necessary for the company's diesel engine products. The future development prospects are broad. After the project reaches production, it will effectively reduce the dependence on related parties.

Glory: Achievements have been won

On June 23, 2010, after being recommended by the cities and trade associations of Shandong Province and approved by the expert committee, the “R&D Development and Development of the 'Lan Qing' Series Engines of Weichai Power Co., Ltd. and 13 other companies’ innovation achievements were selected. The first major innovation achievements of enterprises in Shandong Province.

In August, Tan Xuguang, the chairman of Weichai Group, was selected as the “Top 30 Outstanding Entrepreneurs in China's Auto Parts Industry in the 30 years of reform and opening up”.

On September 20, 2010, the selection of the most authoritative listed company in China, sponsored by the 21st Century Economic Newspaper, was launched in Shenzhen. Weichai Power Co., Ltd With efficient board operations and outstanding corporate governance effectiveness, the company was honored with two awards: "2010 Best Board of Directors of Main Board Listed Companies in China" and "Best Governance Board of Listed Companies in China (Top 20)".

On November 22, 2010, the inaugural ceremony of the first China Construction Machinery Fittings Industry Summit Forum and the most influential brand selection awards ceremony was held in Shanghai. Weichai Power Co., Ltd. has been awarded the most influential brand by its original auto parts and assembly system industry group with the largest scale and international competitiveness.

Future: Challenge the world's first

On December 2, 2010, Weichai Group's 2011 annual business conference was held in Jinan Shandong Building. Nearly 2,000 dealers, service providers, partners and news media from home and abroad attended the conference. The theme of this conference directly adopted the Weichai Group's strategic goal statement, which is “challenging the global first goal”. This demonstrates Weichai Group’s clear strategic plan and firm market ambition.

Under the banner of challenging the global first goal, Weichai Group proposes clear strategic positioning and goals for the next five to ten years. Chairman Tan Xuguang stated at the conference that in the next five to ten years, Weichai Group should be built into an international enterprise group that is driven by vehicles and complete machines, and the power has always been the core technology, and it has developed into a unique global An important pole of equipment manufacturing.

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