On March 26, 2019, the 15th anniversary of Weichai Power's listing and the Innovation and Development Exchange Conference was held in Hong Kong. At the meeting, Chairman Tan Xuguang shared with the investors and the media the development and harvest of Weichai in the past 15 years, and painted the blueprint for future development. On March 11, 2004, Weichai Power was officially listed in Hong Kong, becoming the first engine company listed in Hong Kong. What have we done in the past 15 years since its listing? Tan Xuguang has comprehensively summarized the development performance of Weichai in the past 15 years from the aspects of reform breakthrough, independent innovation, international mergers and acquisitions, and the Belt and Road. In the past 15 years, Weichai engine sales have increased 4 times, gearboxes have increased 5.2 times, heavy trucks have increased 9.6 times, and profits have increased by 15.1 times. Tan Xuguang summed up the achievements of Weichai in 15 years in three sentences: structural adjustment is in place to avoid cycle risks; control core technology to ensure sustainable development; continue to create value and focus on shareholder returns. For Tan Xuguang's appointment as the secretary of the party committee and chairman of China National Heavy Duty Truck, Tan Xuguang said on the spot: Commercial vehicles will be fully open to the public in 2021. In 2023, passenger cars will be fully open to the outside world, and a single force cannot Global participation in the competition, the restructuring of China National Heavy Duty Truck and Shandong Heavy Industry must be carried out. At present, the State-owned Assets Supervision and Administration Commission of Shandong Province coordinates the reorganization opinions of Jinan City and reports to the Provincial Standing Committee for research. There is no reply yet. A large group of more than 40,000 people, as well as real estate, need to be stripped or combed to put good assets in. Under the big group, Shaanxi Automobile Heavy Truck and China National Heavy Duty Truck Plus have been ranked third in the world, but it does not mean that his level is ranked third. The goal of our reorganization is to achieve world-class level, especially in the six stages of entering the country, or the upcoming national seven or three-seven, the cost of the engine powertrain is getting higher and higher, only to break through the scale effect, to be competitive. . This restructuring is a good thing for everyone. At the same time, Tan Xuguang also introduced that at present, Weichai has Shaanxi Automobile Heavy Truck and China National Heavy Duty Truck. This is not the case in the world. Volkswagen has Scania and Mann. Volkswagen wants to list commercial vehicles separately. Brands. For Shaanxi Auto Heavy Truck and China National Heavy Duty Truck, I hope that the two will compete with each other. Whoever does a good job will reward those who share resources and customers will decide on market orientation. "China National Heavy Duty Truck is a very good brand, and it has also made great progress in these years." Tan Xuguang said frankly: "We should believe that China National Heavy Duty Truck will develop better under my leadership. China National Heavy Duty Truck 11L, 13L With Man's engine, this engine is good, at least in the sixth phase of the country can support the sales of China National Heavy Duty Truck heavy truck. Shaanxi Heavy Duty is the Weichai engine, the two are different, but some market segments can share resources, such as in 10L The following engines, the two sides share this platform, but in the mainstream engine 11L, 13L stage, I am very clear to tell you that at this stage each play their own advantages, I believe in the market is more willing to accept this reality." For the new energy and the development of the national six-stage, Tan Xuguang believes that the fuel cell engine is a technical route, which is more suitable for heavy-duty trucks in heavy-duty vehicles, special vehicles and special environments. For the market to speculate on hydrogen fuel cells, you should never push for it. Hydrogen fuel engines are not available anywhere. The key to hydrogen is not fuel, but fuel management. If it is to extract hydrogen from fossil energy, this is not worth it. However, for special areas, there are certain advantages in refining hydrogen in areas with abundant waste hydrogen, areas with developed coal, and areas with more developed renewable energy. For example, solar energy in the western region, waste hydrogen in Shandong, and open-pit coal mines in Inner Mongolia are all possible. Hydrogen fuel engines have certain limitations. In the next 20-30 years, hydrogen will not exceed 10% as an important part of the energy structure. Today, Weichai has completed the full range of product layouts to achieve a full range of power system support. Deeply ploughing the “One Belt and One Road†to complete the global layout of the engine; strategically deploying new energy and fully controlling the core technologies of the three new energy sources. For the future development of Weichai, which is of concern to investors, Tan Xuguang described the blueprint for the development of Weichai: the balanced development of various business modules, the realization of a full range of balanced development in the whole field, the realization of a full-field powertrain solution for the future, and the realization of intelligent logistics. Accelerate the landing, realize the development of a full range of commercial vehicles centered on heavy trucks, achieve a major breakthrough in new energy and lead the world. Brake Pads For Nissan,Ceramic Brake Pads,Front Ceramic Brake Pads,Nissan Sunshine Front Brake Pads Hengshui Weihua Naioute Auto Parts Co.,Ltd , https://www.hsnotbrakepad.com
The 15th Anniversary of Weichai Power's Listing and Innovation and Development Conference 
Weichai Group 
Tan Xuguang, Chairman of Weichai Group 
Unyielding, attacking the main structure, adjusting the results 
Weichai Power's 15th Anniversary and Innovation Development Exchange Meeting