Is Wei Chai a state-owned enterprise? Is Wei Chai a state-owned enterprise? )

1. Wei Chai is not a state-owned enterprise, but a joint-stock company. Wei Chai was established in 2002, headquartered in Weifang, Shandong Province, and is an enterprise group integrating R&D, auto parts production and sales.

2. In August 2007, Weifang Diesel Engine Factory was officially transformed into Wei Chai Holding Group Co., Ltd. ..

3. The company has six business platforms: power system, luxury yacht, finance and service. 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.