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Development course of weichai power co., ltd.
Weichai Power Co., Ltd. (2338. Hong kong; 000338.SZ) was established on February 23rd, 2002 (in cooperation with AVL). This company is a modern enterprise system established by the former Weifang Diesel Engine Factory (transformed into "Wei Chai Holding Group Co., Ltd." in August 2007) in conjunction with domestic and foreign investors. It is the first enterprise in China to be listed on H shares in Hong Kong and return to the Mainland to re-list A shares. The company has total assets of 22 billion yuan and more than 40,000 employees. It is the largest automobile parts enterprise group in China. The history and development of our company are as follows: The original Weifang Diesel Engine Factory was formally established in 1946, and it is one of the earliest diesel engine manufacturers in China.

From 1950s to early 1980s, Chai Wei Factory successively developed and produced various types of medium-speed diesel engines ranging from 565, 438+0 kW to 99 kW.

1984, the State Development Planning Commission of China and the State Economic Commission of China confirmed that Wei Chai Factory was one of the designated factories for developing and producing Steyr WD6 15 series diesel engines. In the same year, the State Economic Commission issued the "Reply on Agreeing to Change the Subordinate Relationship of Weichai Factory", which confirmed that Weichai Factory was one of the designated diesel engines for heavy vehicles. 1989 10, Wei Chai production line successfully passed the completion acceptance organized by the state, and the WD6 15 series diesel engines for heavy trucks were put into operation in the same year.

In 1990, 1992 and 1994, Wei Chai factory developed and introduced different models of WD6 15 series diesel engines for generator sets, construction machinery and ships respectively.

1In March, 1999, the Ministry of Foreign Affairs of People's Republic of China (PRC) granted Wei Chai the right of examination and approval to send temporary overseas personnel and invite foreign economic and trade personnel to China.

1995, Wei Chai factory passed the ISO900 1 quality system certification. In the same year, we signed a contract to introduce the production technology of WD6 18 series diesel engines.

19995438+In June, 2000, Chai Wei Factory acquired Sichuan Changjiang Diesel Engine Factory, which expanded the production capacity of WD6 15 series diesel engines. 2000-2004

In May, 2000, WD6 18 series diesel engines for heavy vehicles were put on the market.

In 200 1 year, Wei Chai factory successfully developed and launched WD6 15 and WD6 18 series diesel engines which meet the European I standard.

In 2002, Wei Chai Factory improved the WD6 15 series diesel engines to meet the Euro II standard.

65438 On February 23rd, 2002, Chai Wei Factory established Weichai Power Co., Ltd. with the operating assets and liabilities related to the production and sales of WD6 15 and WD6 18 series diesel engines, together with other cash injection promoters.

In March, 2003, Weichai Power WD6 18 series diesel engines successfully reached the Euro II standard.

In the same year, the fifth-generation medium-speed diesel engine Wei Chai X6 160/R6 160 series diesel engine developed by Weichai Power was officially listed and entered the domestic market.

In August 2003, Weichai Power was approved as a high-tech enterprise by the Science and Technology Department of Shandong Province.

On March 1 2004, Weichai Power passed the ISO/TS 16949 quality management system certification, becoming the first diesel engine manufacturer in China to pass the certification.

On March 1 1 day, 2004, Weichai Power (stock number 2338) was listed on the main board of Hong Kong Stock Exchange, with remarkable achievements.

In September, 2004, Weichai Power won the "Top 2003 Core Competitiveness of China Machinery Enterprises 100".

Notes from 2005

From June 5, 2005 to 10, Weichai Power won the "China Most Influential Enterprise Award" in 2004.

In March 2005, the blue engine series WP 10 and WD 12, which meet the Euro III emission standards, went on sale.

In August 2005, Weichai Power successfully acquired Hunan Torch, which extended the industrial chain and broadened the development space.

In September 2005, "Wei Chai" WD6 15 diesel engine won the title of "China Famous Brand".

On June 5438+February, 2005, Weichai Power won four awards of "Top 100 Enterprises", "Top 10 Listed Companies", "Top 10 Patent Progress Enterprises" and "Gold Medal Enterprise in Diesel Engine Manufacturing", and its chairman Tan Xuguang was gloriously elected as "2005CCTV China Economic Person of the Year".

Notes from 2006

In March, 2006, Weichai Power was rated as a "typical enterprise with independent innovation" by Publicity Department of the Communist Party of China.

In May 2006, Chairman Tan Xuguang was awarded the title of "Top Ten Entrepreneurial Leaders in China", and Weichai Power was awarded the title of "Top 0/00 Parts Suppliers in China" again.

On June 1 day, 2006, "Wei Chai" brand trademark was recognized as "China well-known trademark" by the Trademark Office of the State Administration for Industry and Commerce.

On June 23rd, 2006, Weichai Power won the title of "Top 100 Auto Parts Enterprises in China in 2005". In July 2006, Weichai Power won the "Top 500 Machinery in China" and ranked 22nd. Weichai Power was awarded the title of "Leading Enterprise in Industrial Industry" in China in 2006.

In August 2006, Wei Chai was awarded the first batch of auto parts export base enterprises in China.

In August 2006, Wei Chai was awarded "Top 500 Manufacturing Enterprises in China in 2006", ranking 7 1.

In September, 2006, Wei Chai won three awards: "Top 500 Chinese Enterprises", "Top 500 Chinese Manufacturing Enterprises" and "Second China Enterprise Education 100 Top".

From June 2006 to October 2006 10, Wei Chai won the honorary title of "Top Ten Independent Innovation Brands in Shandong Machinery Industry".

On June 20th, 2006, 10, Wei Chai held a series of activities to celebrate Wei Chai's 60th birthday.

On June 5438+February, 2006, Chairman Tan Xuguang won three awards: "Top Ten Most Valuable Managers in 2006", "Most Influential Enterprise Leader in 2006" and "China Manufacturing 10 Innovative Person in 2006". Weichai Power Co., Ltd. and Weifang Diesel Engine Factory were awarded excellent credit enterprises with AAA credit rating in Shandong Province in 2006 respectively.

Notes from 2007

On June 5438+ 10, 2007, Wei Chai trademark ranked 8th1in the top 500 most valuable trademarks in China, and ranked first in the diesel engine industry in China. Wei Chai was awarded the honorary titles of "2006 Provincial Civilized Unit" and "Excellent Enterprise of Management Innovation in Shandong Province"; Weifang Diesel Engine Factory was rated as "Advanced Enterprise Education and Training Unit in Shandong Province"; Wei Chai Vocational College was awarded the "Training Base of Enterprise Vocational Education in Shandong Province".

On April 30th, 2007, Weichai Power A-share was officially listed on Shenzhen Stock Exchange, which became the most innovative "HtoA" case in China stock market, and at the same time opened up the property right vein of the best heavy truck resources in China.

In September 2007, Wei Chai ranked 16 1 in the annual ranking of "Top 500 Chinese Enterprises in 2007"; Ranked 79th among manufacturing enterprises in China; Power equipment and parts manufacturing ranking 1.

In June 2007, Chai Wei's 250,000 th engine rolled off the assembly line, creating a new world-class height.

In June 2007, Weichai Power won the "National Quality Award".

From June, 5438 to February, 2007, Weichai Power won the honorary title of "the 4th National Top 100 Auto Parts Suppliers"; Weichai Power introduced the best power solution pioneered in China: Wei Chai powertrain system; Weichai Power was selected as a sample stock of Shanghai and Shenzhen 300 and CSI 100 Index.

Notes from 2008

On June 5438+ 10, 2008, Weichai Power won the seventh "Top Ten Innovative Cases of China Reform" award for "Weichai Power absorbed and merged Xiang Torch to be listed on the A-share market of Shenzhen Stock Exchange".

In March 2008, Weichai Power Enterprise Culture Research Association was established; Weichai Power was awarded the pilot qualification of auto parts remanufacturing.

In April 2008, the chairman won the "Gold Award of Meta-enterprise Management". .

In May 2008, Wei Chai won the second place in "Top 100 Enterprises in China Machinery Industry in 2007"; Chai Weilan Qing series products won the certificate of adopting international standards and the certificate of adopting international standard product logo.

In June 2008, Wei Chai won the honorary title of "Top 100 Enterprise Education in China".

In July, 2008, Wei Chai was selected as "National Typical Propaganda Enterprise of State-owned Enterprises in 2008"; Wei Chai ranks 10 in "Top 500 Machinery in China"; Column "China Machinery 500"10.

In August, 2008, Wei Chai ranked among the "Top 500 Chinese Enterprises in 2008"106; "Top 500 Manufacturing Industries in China" ranked 46th.

In September 2008, Wei Chai ranked 83rd among the top 500 enterprises in China in 2008 and 20th among the top 500 enterprises in China.

On June+10, 2008, Wei Chai ranked first in "Top 2007 Auto Parts Enterprises in China 100".

Notes from 2009

On June 5438+ 10, 2009, Chairman Tan Xuguang won the honor of "Top Ten Meritorious Persons of Shandong Merchants".

In March 2009, Weichai Power Enterprise Management Innovation Project "Construction and Implementation of Performance Management System with the Goal of Stimulating the Potential of Employees" won the National Innovation Achievement Award.

In May 2009, Chai Weirong was honored as one of the top 100 enterprises in China machinery industry. Weichai Power won two awards: "Top Listed Companies in China in 2009 100" and "Top Listed Companies in China in 2009 100".

In June, 2009, the major projects of the 11th Five-Year National Science and Technology Support Plan undertaken by Weichai Power passed the national acceptance. In July 2009, Weichai Power was selected as 100 Fortune 2009 listed company in China. Wei Chai ranks 10 in the top 500 machinery companies in China, 14 in the top 500 machinery companies in China and 248 in the top 500 machinery companies in the world. Wei Chai won the title of "Top 100 Advanced Enterprise Education Units in China"; The production and sales of Weichai Power Blue Engine electronically controlled national III engine reached 6.5438+0.2 million units.

In August 2009, Weichai Power Co., Ltd. was selected as "National Innovation Pilot Enterprise".

In September 2009, Weichai Power was approved as "the fourth batch of international scientific and technological cooperation bases".

On June 5438- 10, 2009, Weichai Power won the 204th place among the top 500 Asian brands in 2009.

In June 2009, Wei Chai won the first batch of "National Independent Innovation Enterprises". Wei Chai won the title of "National Advanced Unit of Enterprise Staff Education and Training" for the first time.

From June, 5438 to February, 2009, Weichai Power Co., Ltd. was awarded "National Excellent Unit of Equipment Management"; Weichai Power was selected as one of the top 100 listed companies in China in 2008; Weichai Power was awarded "the most competitive listed company in China 10 Top".

From June 5, 2008 to February 2009, Weichai Power Co., Ltd. was successfully selected into the "25 Most Respected Listed Companies in China in 2009 (6th)" jointly organized by Buffett magazine, World Economist magazine and World Enterprise Competitiveness Laboratory, a world authoritative brand value research institution.

From June, 5438 to February, 2009, Wei Chai won the honorary title of "Shandong Provincial Governor Quality Award".

20 10 chronicle

20 10 April, Wei Chai holding group ranked among the top three in China machinery industry for two consecutive years.

In May of 20 10, the monthly output of high-speed engines exceeded 50,000 units, which is not only a milestone in the development history of Wei Chai, but also the highest monthly output of high-power engines in China and even the world, marking a new step in the manufacturing level of enterprises.

201010/On October 28th, the A shares of Weichai Power (02338) (SZSE U00338) rose to 1 18.8 yuan today, the highest since its listing on April 30th, 2007.

On 20 1 0165438+10/day, Jiangsu Yaxing Automobile Group Co., Ltd., the controlling shareholder of Yaxing Bus (6002 13), informed that Yaxing Group planned to hold 53.71day.

Chronology 20 1 1 year

20 1 1, 1, Chairman Tan Xuguang was awarded "201CCTV China Economic Person of the Year" and "20 10 Most Concerned Entrepreneur", and Wei Chai Holding Group Co., Ltd. was awarded the most influential enterprise of 20 10.

In March, the 20 1 1% and 5 1% shares held by Jiangsu Yaxing Automobile Group Co., Ltd., the controlling shareholder of Yaxing Bus, were transferred to Wei Chai (Yangzhou) Yaxing Automobile Co., Ltd. for free. 20 1 1 On September 3rd, 2008, the conference of the top 500 Chinese enterprises and the China Big Enterprise Summit was held in Chengdu. Wei Chai Holding Group Co., Ltd. ranks 93rd among the top 500 Chinese enterprises with an operating income of 965,438+065,438+00 billion yuan, 24 places higher than that of 2065,438+00, 35th among the top 500 manufacturing enterprises in China, and 65,438+04 places higher than that of 2065,438+00. 2011April, Wei Chai Holding Group won the second China Prize for Industry; Wei Chai Holding Group ranked 18 in "Top 100 Taxpayers in Shandong Province in 20 10".

2011May, Weichai Power became the first national innovative enterprise in Weifang. Won three awards in the seventh "Golden Roundtable Award".

Notes on 20 12

201265438+1October 10, Wei Chai Group, a subsidiary of Shandong Heavy Industry Group, officially announced in Jinan that it will realize absolute control of Italian Ferretti Co., Ltd., the world's largest luxury yacht manufacturer. Shandong Heavy Industry Wei Chai Group will provide 654.38+78 million euros of equity investment and 654.38+96 million euros of loans, with a total investment of 374 million euros. After the debt restructuring procedure is completed, Shandong Heavy Industry Wei Chai Group will acquire 75% of the controlling stake in Ferrari. As a financial investor, the existing creditors have acquired another 25% equity through share conversion and cash investment of 25 million euros. The final delivery of Shandong Heavy Industry M&A factory to Ferrari needs the approval of Italian and China authorities, which will take about three to six months.

20 12 On September 3rd, Weichai Power Co., Ltd., a leading domestic automobile and equipment manufacturing group, signed a strategic cooperation agreement with Kaio Group, one of the world's leading industrial forklift manufacturers and a global leader in hydraulic technology. Weichai Power has become another important investor and strategic partner of Kaio Group after KKR and Goldman Sachs, and the two parties will cooperate closely in the fields of material handling and hydraulic drive technology.

This is by far the biggest M&A case of German enterprises in China. Of the 738 million euros invested by Weichai Power, 467 million euros will acquire 25% shares of Kaio through capital increase, and 276.5438 billion euros will be used to acquire 70% majority shares of Linde Hydraulic Business under Kaio. Kaio will use this capital injection to further optimize its capital structure. Goldman Sachs and KKR Capital Partners will continue to fully support kaao, and all funds will be reserved and used for investment purposes of kaao, and no cash will be withdrawn from this transaction. If Kaio issues an IPO in the future, Weichai Power has the right to choose to increase its stake in Kaio to 30% and further increase its stake in Kaio Hydraulic Business.

Notes on 20 13

20 13 12.26, the brand "Yingzhi" was released, which opened the strategic layout of Wei Chai light vehicles. The logo of Yingzhi brand is a "bull's head logo", which symbolizes that Wei Chai automobile has the spirit of ox. It means a down-to-earth and enterprising spirit core. The English name "ENRANGER" is a combination word. En, from English Engine and Energy, means "power, strength", which means the strength and power of Yingzhi brand; Secondly, the ranger means "knight, enterprising", which is called English in Chinese. "English" is a talented person with explosive heroism and strength. "ambition" is an attitude and spirit of pioneers who strive for progress and forge ahead bravely.

Notes on 20 14

2065438+On the evening of June 12, 2004, Weichai Power (000338) announced that the company held 30 shares issued by KIONGROUP AG (hereinafter referred to as "Kaio Company"), a company listed on the Frankfurt Stock Exchange, through its indirect wholly-owned subsidiary Weichai Power (Luxembourg) Holdings Limited (hereinafter referred to as "Wei Chai Luxembourg"). The Company received a notice from Superlift Holding S.à r.l, the former largest shareholder of Kaio Company, that its issued shares of Kaio Company were reduced from 34.5% to 26.9% on June 2, 20 14, and Luxemburg, Wei Chai became the largest shareholder of Kaio Company. With the completion of Superlift's reduction, Superlift will vote at the shareholders' meeting of Kaio Company according to the voting decision of Luxembourg in Wei Chai. Therefore, the company will have a total of 60.2% of voting rights in major matters related to Kaio Company, that is, controlling Kaio Company. According to relevant regulations, the company needs to include Kaio Company in the scope of consolidated statements.