100% increase over the same period last year Weichai Engine produced and sold 50,000 units in February

Weichai showed the latest monthly report result of "V" shape reversal: Following the production and sales of more than 40,000 engines in January, it ushered in the New Year's "good starter". Weichai continued to lead the industry in February, with more than 50,000 units of production and sales, a year-on-year increase. 100%.

Just in the year of deepening the structural reforms on the supply side, when the report of the 12th Party Congress of the city put forward the “strong industrial city,” Weichai showed a “V” shaped reversal. The latest monthly report results: Following the production and sales of more than 40,000 engines in January, ushering in the New Year's "good starter", Weichai continued to lead the industry in February, with more than 50,000 units of production and sales, a year-on-year increase of 100%.

In one of the production workshops, one by one, picking up the backs of the sleeves and cheering dryly, the slogan of “big and dry for a hundred days” was the pride of Weichai’s steel sword. In order to ensure the timely delivery of customer orders, Weichai has specially launched a “big-day, one-hundred, one hundred days” campaign. Through widespread deployment of all employees, optimizing procurement, production organization mode, and strengthening logistical guarantees to ensure that product quality is not reduced and zero production safety accidents are achieved. At the end of April, it completed production and sales of 180,000 units, laying the foundation for achieving the goal of 500,000 units in the whole year.

With the economic downturn, Weichai has moved ahead, accelerating the industry, products, technology, and industrial layout toward the high end. It has also staged a “V”-shaped reversal development miracle, and it is a counter-attack of strong reversal. With the global economy maintaining a low growth rate, the Chinese economy has entered a new normal, and vertical integration of the industry has become more apparent. Heavy-duty truck companies have rushed to produce their own engines, and competition has become fiercer. With heavy pressure, Weichai is still able to stand on the forefront and become a leader in the industry, triggering industry exploration.

"In the new normal economy, in the face of severe overcapacity, how can we promote supply-side structural reforms? Our strategy is to constantly accelerate the adjustment and upgrade of product structure based on the needs of the market and customers, and continue to adapt, lead and lead the market demand. Provide better customer value and experience, and realize the unification of both ends of supply and demand at a higher level.” Facing the industry's inquiries, Weichai Group Chairman Tan Xuguang replied in the phrase.

Weichai is the leader in China's industrial equipment manufacturing industry, and it is also the origin and main force of independent innovation. Weichai has seized the technological innovation that affects the overall development of the industry. It has been deeply cultivating the Chinese market for 70 years. It continues to insist on product upgrades and adheres to scientific and technological innovation for decades to build the most cost-competitive, core technological competitiveness and quality competitiveness. High-value products. In the past ten years, Weichai has invested more than 15 billion yuan in product research and development. The annual R&D ratio accounts for more than 5%, which has driven the product to continuously break through and upgrade. New products with higher technological content have immediately won the market. Since the second half of last year, sales of Weichai have begun to increase substantially, and this year's sales blowouts are also expected by the weichai people.

In 2016, many manufacturing companies were still tangled in the short-term pains of structural reforms on the supply side. Weichai, however, had no problem with them and steadily promoted the upgrading of the “Lan-Qing” engine products. The WP12/WP13 engine sold 106,000 units throughout the year. The heavy truck market has firmly established a "reliable and durable" brand image, and firmly secured the position of the first place in the heavy truck engine market. In the industry, Weichai has continued to lead the Chinese heavy truck industry to upgrade to big horsepower. After the first domestic 13-liter engine was introduced in 2015, the market share exceeded 50%, making it the leading product of domestic heavy-duty engines. The launch of Ruideng products quickly entered the light truck and agricultural machinery market. Its superior quality led the upgrading of domestic high-end small-displacement diesel engines. In 2016, it sold nearly 100,000 units. In the field of agricultural equipment power, Weichai has grabbed the top position of the industry. When many people in the industry are still talking about the country's three emission technologies, they have made a forward-looking forecast and analysis of the implementation of the four-phase laws and regulations. The development of the road four-phase product continues to lead the technological innovation of domestic agricultural machinery. Faced with the increase in the proportion of self-produced engines for various heavy truck companies, Weichai insisted on taking the high-end route. In 2016, the first product of the Weichai H platform was launched and released, setting a high standard for the life of high-speed heavy-duty engines, and again on the supply side. Win the opportunity.

The beautiful report card is the result of Weichai insisting on the development strategy of “international vision, global benchmarking, technology leadership, and innovation driven”. Going to the high end and challenging the world. Weichai's vision is not limited to the Chinese market. In June last year, Weichai launched a full-scale high-end engine project, including high-end engine projects such as WP13 and WP17, and developed new products, yachts, mine cars and other high-end engine supporting fields. Formally blew the horn that challenges the world's first, to the world's high-end engine.

“In the new economic normal situation, we must shift gear to change the trend, accelerate the pace of structural adjustment of new products, new industries, and new models, enhance the ability to resist cyclical risks, and constantly seek new growth drivers.” This is Tan Xuguang's new requirements for the development of Weichai. It is also the secret of Weichai's eternal vitality in the internal combustion engine industry. One year's plan lies in the spring. Weichai in the spring leads and promotes more Chinese industries to the top of the world, and Weifang, which has the reputation of being a nationally renowned power city, strives to create an “industry strong market” and adds new advantages.