Weichai's engine production and sales exceeded 750,000 units in 2010, becoming the world's largest supplier
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On December 2, 2010, Weichai Group's 2011 business conference was held in Jinan. Weichai expects that the production and sales of various engines will exceed 750,000 units in 2010, an increase of 102% year-on-year; sales revenue will reach 45 billion yuan, ranking the world's highest speed High-power engine supplier status.
It is understood that in the next five to ten years, the Weichai Group must become an international enterprise group that is guided by complete vehicles and complete machines and whose power has always been a core technology, and has developed into an extremely important global equipment manufacturing industry. According to the strategy of the Weichai Group, it will achieve 150 billion yuan by 2015 and 200 billion yuan by 2020.
From January to November 2010, Weichai Group achieved a sales income of 81 billion yuan, a year-on-year increase of 63%, and a profit and tax of 11.5 billion yuan, a year-on-year increase of 98%. It is expected that sales revenue for 2010 will exceed 85 billion yuan. It is expected that by 2011, the Weichai Group's annual operating revenue will exceed the 100 billion mark, and the expected target will be achieved two years ahead of schedule, of which the engine production and sales volume will exceed one million units.
The industry analysts believe that in the next 10 years, China’s domestic demand for large and medium-displacement diesel engines will continue to be high, which provides a favorable market environment for Weichai’s engine business. Moreover, the domestic heavy-duty truck market is still expected to have more room for growth. At present, the domestic heavy-duty truck capacity has reached 1.5 million vehicles, and it is estimated that by the end of the 12th five-year plan, this figure will exceed 3 million vehicles.
Tan Xuguang said that the Weichai Group will actively carry out structural adjustments in the future to balance the development of powertrains, commercial vehicles, and parts and components. Among them, the engine business segment should be built into a global leading, full-range, full-field power provider, and build a million-dollar, one-billion-level green power R&D and manufacturing base. Weichai Group's product displacement will cover 2-620L and its power will cover 30-10000 hp. It will be widely used in commercial vehicles, construction machinery, passenger cars, ships, yachts, power generation, agricultural machinery and other fields, and strive to achieve sales revenue of 50 billion yuan in 2012. Yuan reached 80 billion yuan in 2015 and 100 billion yuan in 2020. Its overall strength ranks among the top two in the global engine industry and it challenges the world's first.
Since the 11th Five-Year Plan, Weichai Group has accumulated 37 new product developments, and has successively successfully developed a high-power, high-speed diesel engine with complete independent intellectual property rights that meets the National III, National IV, and National V emission standards in China. The main technical indicators and international Advanced horizontal connection. During the 12th Five-Year Plan period, Weichai Group has initially planned more than 10 billion yuan for technology research and development.