On March 24th, the reporter was informed at the 11th Asia-Pacific Maritime Exhibition that the Weichai-Baudouan (Singapore) company incorporated by Weichai Group will be officially listed in Singapore tomorrow. It is Weichai Group's first branch in Southeast Asia, marking another important step in Weichai's internationalization of establishing a global brand. Hometextile Machinery For Pillow pillow stuffing machine kunshan haijin machinery co.,ltd , https://www.haijinmachinery.com
Weichai Group is known for having the world's largest engine R&D and manufacturing base. Founded in 2002, the company is headquartered in the beautiful Kite Capital of the World—Weifang, Shandong, China. It is the first listed company in Hong Kong’s H-share market and has returned to the mainland. The group has three listed companies with revenues of US$10 billion. It owns a cluster of subsidiaries consisting of Shaanxi Heavy Vehicle Co., Ltd., Shaanxi Fast Gear Co., Ltd., Shaanxi Hande Axle Co., Ltd., and Zhuzhou Spark Plug Co., Ltd., and last year it was with ShanGong Group. The group merged to form Shandong Heavy Industry Group and built a collaborative development pattern with four major industrial sectors: powertrain (engines, transmissions, axles), construction machinery, commercial vehicles, and auto parts. It has the only commercial vehicle and engineering in China. Mechanical two gold industrial chain. In 2009, Weichai Power successfully acquired the 100-year-old French Baudoin Engine Company and obtained Baudouin's products, technologies and brands, becoming China's largest and most powerful multi-purpose engine and power system group.
Since the company was founded, it has established the goal of creating an international group. After years of deployment, a multi-variety, full-range medium- and high-speed diesel engine R&D platform with a power range of 30-10,000 horsepower and 12 major series of products has been established. The WD615, WD12 and WP10/12 engines have become the preferred engines for China's heavy-duty vehicles, construction machinery and large passenger vehicles. The market share of the heavy-duty trucks and the 5-ton loaders in the 8 tons or above reached 40% and 80% respectively. Among them, the performance indicators of the National III "Lan Qing" series WP10/12 engines have reached the world's advanced level. At present, Shaanxi Automobile Heavy Duty Truck Market share has reached over 12%; Fast Transmission has a market share of more than 85% in the heavy-duty vehicle market of over 14 tons. "Weichai Power Engine," "Shaanxi Heavy Trucks," and "Faster Gearboxes" have been honored as "China Famous Brand Products" and other honorary titles.
The traditional market of the Weichai Group is the shipbuilding market. In recent years, the company has a market share of less than 75% in the ship machine market below 1000 horsepower. Its production of medium-speed diesel engines has eight series of 160, 170, 200, 230, 250, 270, 320, 400, etc., at 1000-3000 horsepower. The shipbuilding market share reached 50%, ensuring the absolute leadership of the market. In the small and medium power shipbuilding market, it not only occupies a considerable share, but also has a good market reputation.
Weichai Group has more than 4,000 professional and technical personnel and specializes in research and development of complete vehicles, powertrains, and parts and components. In 2005, it launched China’s first “Blue Engine†III emission engine with independent intellectual property rights. The engine that has reached the national V emission standard has been developed and its economy, reliability and environmental protection have reached the international leading level. The company has a "National Technology Center" and a world-class product laboratory. It has R & D centers in the United States, France, Austria and Shanghai, Chongqing, Hangzhou, Xi'an and Weifang. In 2009, the Engineering Technology Research Center for Commercial Vehicle Powertrain Assembly and the Strategic Alliance for Technological Innovation in the New Energy and Power Industry for Commercial Vehicles and Construction Machinery successively passed the examination and approval of the Ministry of Science and Technology of China. Several projects have been listed in the “863 Program†in China.
For a long time, Weichai Group has maintained frequent trade relations with ASEAN countries. As one of the regions with the most dynamic and potential economic development in the world today, Southeast Asia has an important strategic position in the future world economic structure. The launch of the China-ASEAN Free Trade Area has also added new impetus to the economic development of Southeast Asia. As one of the representative countries in Southeast Asia, Singapore has great potential for economic development and has a good technical and economic environment. It is a favorable location for grasping the latest market trends.
Weichai Group Chairman Tan Xuguang told reporters that after the establishment of Weichai-Boduuan (Singapore) Corporation, we will use this as a platform to build sales support centers, logistics distribution and storage centers, and training centers for Weichai Power in Southeast Asia. And remanufacturing center. It is bound to increase Weichai’s support for partners throughout the Southeast Asia region, including service providers, and support the ASEAN strategy, promote exchanges and cooperation between China and Singapore in economy and technology, and expand employment to promote Singapore. The economic development has played a positive role in promoting.
The person in charge of Weichai-Boduuan (Singapore) stated that it will make full use of the Singapore company's development platform, respect local laws and customs, continue to develop and improve products adapted to the characteristics of the region, and introduce international talents. Domestic and foreign partners have achieved a win-win development. To promote the prosperity of the local economy, China and New Zealand have promoted exchanges and cooperation in economy and technology, and further deepened cultural integration and traditional friendship between the two countries to create well-being.
Weichai - Baudouin (Singapore) Branch officially established