According to the enterprise search platform, Weichai Power Co., Ltd. was established in 2002, with Wei Chai Holding Group Co., Ltd. as the main sponsor and domestic and foreign investors. It is an enterprise of China internal combustion engine industry listed on H shares in Hong Kong, and also a company that returned to the mainland from overseas to re-list A shares.
Although Weichai Power has been restructured, the leadership of the company has formulated the development strategy of "absorbing social funds in an all-round way, breaking the single state-owned capital structure and diversifying investors" and put forward the overall restructuring idea of "three-thirds system". Therefore, Weichai Power still belongs to state-owned enterprises.