Weichai Power

Weichai Power

Infobox Company
company_name = Weichai Power Company Limited
潍柴动力股份有限公司
company_
company_type = State-owned enterprise
genre =
foundation = 2002
founder =
location_city = flagicon|China Weifang, Shandong
location_country = China
location =
origins =
key_people = Chairman: Tan Xuguang
area_served = People's Republic of China
industry = Car accessories
products = Diesel engines
services =
revenue =
operating_income =
net_income =
num_employees =
parent = Weifang Diesel Engine Factory
divisions =
subsid =
owner =
company_slogan =
homepage = [http://www.weichai.com/e_about/channel/about_01.shtml Weichai Power Company Limited]

Weichai Power Company Limited or Weichai Power (sehk|2338szse|000338), parented by Weifang Diesel Engine Factory is the state-owned enterprise in Weifang, Shandong, China, specializing in the research and development, manufacturing and sales of diesel engines. The products are used in vehicles, vessels and power generators. It is the largest car accessories enterprise in China.

Weichai's H share was listed on the Hong Kong Stock Exchange in 2004 [ [http://www.weichai.com/e_investor/gonggao/480517e.pdf NOTICE OF 2003 ANNUAL GENERAL MEETING] ] and its A share was listed on the Shanghai Stock Exchange in 2006. [ [http://paper.sznews.com/szdaily/20060905/ca2437484.htm Weichai Power plans Shenzhen listing] ] It is the first Hong Kong's H share to be listed on China's A share market.

Weichai was the subsidiary company of Sinotruk, but they split off and became competitors in 2006. They also involved a patent dispute on Weichai's diesel engine splitters used by Sinotruk. [ [http://english.ipr.gov.cn/ipr/en/info/print.jsp?a_no=139338&col_no=927&dir=200711 Notice issued in patent dispute] ]

Link

* [http://www.weichai.com/e_about/channel/about_01.shtml Weichai Power Company Limited]

Reference


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