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Weichai Power Co Ltd (Weichai Power), a subsidiary of Weichai Group Holdings Ltd, specializes in the manufacturing and distribution of powertrain systems, commercial vehicles, and agricultural equipment. The company offers products such as engines, gearboxes, axles, hydraulic systems, and new energy solutions, among others. It owns various well-known domestic and foreign brands such as Weichai Power engines, Shaanxi Automobile heavy trucks, Weichai Lovol Smart Agriculture, Fast transmission, Hande axles, and Torch spark plugs, among others. Weichai Power's products serve construction, agriculture, logistics, and transportation. The company has operations across Europe, North America, and Asia. Weichai Power is headquartered in Weifang, Shandong, China.
Headquarters
China
Address
No.197a, Fushou East Street, Hi-Tech Industrial Development Zone, Weifang, Shandong , 261061
Website
www.weichaipower.com
Telephone
86 536 2297056
No of Employees
101,440
Industry
Automotive
Ticker Symbol & Exchange
000338 (SHE)
Revenue (2024)
$32.3B
7.5%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
-4.1%
(2024 vs 2023)
Market Cap*
$33.8B
Net Profit Margin (2024)
XYZ
-10.8%
(2024 vs 2023)
* As of and is in US$
Weichai Power Co Ltd premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Agricultural Equipment | Spare Parts and Oil | Weichai |
| Engines for all Applications | Remanufacturing Services | Shaanxi |
| New Energy Powertrains and Components | Material Handling Services | Hande Axle |
| XYZ | XYZ | XYZ |
| XYZ | XYZ | XYZ |
| XYZ | XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2026 | New Products/Services | In August, the company introduced its WP6/WP10 Plus power generation products in Fujian, China. |
| 2026 | Contracts/Agreements | In August, the company delivered 50 100-ton mining trucks equipped with WP15H engines to a coal mine customer in Ordos, Inner Mongolia, China. |
| 2026 | New Products/Services | In July, the company introduced the China VI-Compliant Heavy-Duty Hydrogen Engine. |
Competitor Comparison
| Key Parameters | Weichai Power Co Ltd | FAW Jiefang Group Co Ltd | Chongqing Zongshen Power Machinery Co Ltd | Changchai Co., Ltd. | China National Heavy Duty Truck Group Co Ltd |
|---|---|---|---|---|---|
| Headquarters | China | China | China | China | China |
| City | Weifang | Changchun | Chongqing | Changzhou | Jinan |
| State/Province | Shandong | Jilin | Chongqing | Jiangsu | Shandong |
| No. of Employees | 101,440 | 19,117 | 9,412 | 2,375 | - |
| Entity Type | Public | Public | Public | Public | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Ma Changhai | Chairman | Executive Board | 1997 | 51 |
| Wang Cuiping | Chief Financial Officer | Senior Management | - | 48 |
| Yuan Hongming | Director | Executive Board | 2017 | 60 |
| Wang Decheng | Director; General Manager | Executive Board | 2023 | 47 |
| Ma Xuyao | Director | Executive Board | 2023 | 57 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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