Founded in 1946, Weichai has over 90,000 employees worldwide. With the annual revenue of more than 260 billion RMB in 2019, Weichai ranks the 83th among China’s top 500 enterprises, the 23th among China’s top 500 manufacturing enterprises, and the 2nd among China’s machinery industry top 100 enterprises.
Weichai is a multi-field and multi-industry international group which owns powertrain, vehicle, construction machinery, intelligent logistics, agricultural equipment, marine transportation equipment and other business segments. The subsidiaries of Weichai Group spread all over Europe, North America, Asia, and other regions, and its products are exported to more than 110 countries and regions. Weichai Group has 9 stocks from 7 listing companies: Weichai Power (2338.HK; 000338.SZ), Weichai Heavy Machinery（000880.SZ）， Asiastar Bus （600213.SH）, and KION Group (KGX.F).
Weichai takes “Green Power, International Weichai” as its mission, takes “customers’ maximum satisfaction” as its aim, and has formed unique enterprise culture. Weichai’s strategy: The traditional business shall remain a world-class level by 2025, and the new energy business shall lead the development of the global industry by 2030. Achieve revenue of 100 billion US dollars by 2025, and revenue of 1 trillion RMB by 2030; The core business of each main segments shall enter the top three in the world. The Company shall rank among the top 150 of the world's top 500, and grow into a well-respected multinational group of intelligent industrial equipment.