The company was established in 2002, with Wei Chai Holding Group Co., Ltd. as the main sponsor, and initiated by domestic and foreign investors. Weichai Power is an H-share listed company in the internal combustion engine industry in China, and also a company that returned to the mainland from overseas to re-list A shares.
The company has always adhered to the operation strategy of two-wheel drive of product management and capital operation, committed to building products with three core competitiveness: quality, technology and cost, and successfully built a pattern of coordinated development of powertrain, vehicle and intelligent logistics.
Wei Chai has research platforms such as State Key Laboratory of Internal Combustion Engine and Power System, National Commercial Vehicle Powertrain Assembly Engineering Technology Research Center, National New Energy Power System Industry Innovation Strategic Alliance of Commercial Vehicles and Construction Machinery, and National Specialized Creative Space, as well as research bases such as "Academician Workstation" and "Postdoctoral Workstation" and national intelligent manufacturing demonstration base.
R&D centers have been established in Weifang, Shanghai, Xi, Chongqing, Yangzhou and other places in China, cutting-edge technology innovation centers have been set up in many places around the world, and a global collaborative R&D platform has been built to ensure that the scientific and technological level of enterprises always keeps up with the world's forefront.
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Is Weichai Power a State-owned Enterprise? I hope it helps you.