The hottest Weichai Power to build high-end hydrau

Weichai Power builds high-end hydraulic power assemblies and large-scale CVT power assemblies, and realizes the independent control of key core technologies.

Weichai Power discloses the refinancing plan: on December 24, 2020, Weichai Power Co., Ltd. (hereinafter referred to as "Weichai Power", stock code:;) The plan for non-public issuance of A-shares in 2020 was disclosed. It is proposed to issue no more than 793million shares and raise no more than 13billion yuan

on December 24, 2020, Weichai Power Co., Ltd. (hereinafter referred to as "Weichai Power", stock code:;) The plan for non-public issuance of A-shares in 2020 was disclosed. It is proposed to issue no more than 793million shares and raise no more than 13billion yuan. This issuance adopts the inquiry issuance method, and the issuance price is not less than 80% of the average trading price of the company's shares 20 trading days before the pricing benchmark date, which is the first day of the issuance period of this issuance

invest 2billion yuan to comprehensively build the fuel cell industry chain base

Weichai Power has fully completed the core technology layout of hydrogen fuel cells and solid oxide fuel cells in the field of new energy power assemblies, and its key technical indicators are leading in the field of commercial vehicles and energy and power. The raised funds will invest 2billion yuan to accelerate the improvement of R & D capacity and manufacturing capacity of the fuel cell industry chain, and establish differentiated technical advantages around the "three vertical and three horizontal" technical route of new energy vehicles; Focusing on the goals of "carbon peak" in 2030 and "carbon neutrality" in 2060, we will build a world leading fuel cell industry chain base and lead the development of the global new energy industry

invest 4billion yuan to build a full series of high-end road engine project for H platform

Weichai Power has completed the research and development of the full series of high-end road engine for H platform, especially considering that the construction cycle of phase 1 of the Xinxiang Chemical fiber investment project is the successful release of the world's first commercial diesel engine with a thermal efficiency of more than 50%, and it is established that the thermal efficiency will exceed 55% in 2025. The raised funds invested 4billion yuan to build a digitalized, intelligent and modular h-platform high-end engine production base with a full range of national VI and above emission standards. At the same time, the existing production lines are subject to flexible and intelligent transformation to fully meet the manufacturing requirements of national VI and national VII emission standards, which will help promote the large-scale commercialization of more than 50% thermal efficiency engines and realize the leap from "manufacturing" to "intelligent manufacturing"

invest 3billion yuan in the industrialization project of large bore high-end engine

Weichai Power has fully completed the R & D and mass production of large bore high-end high-speed engine. The raised funds will invest 3billion yuan for the production system. We interviewed six different insulation material manufacturers to build kW high-end engines with large bore (cylinder diameter more than 150mm), and at the same time develop large bore natural gas engines, forming a capacity of 20000 units in the first phase, mainly to meet the power needs of 5g large-scale data center backup power supply, ocean fishing, official boats, inland navigation and other fields. The project will promote Weichai Power to fully realize the structural adjustment of engine products, and it is expected that the revenue and profit will account for 30%

invest 3billion yuan to build a full range of hydraulic and large-scale CVT powertrain base

Weichai Power has successfully built high-end hydraulic powertrain and large-scale CVT powertrain, and has completed market validation, realizing the independent control of key core technologies. The raised funds will invest 3 billion yuan to build 100000 sets of hydraulic power assemblies and 10000 sets of large-scale agricultural equipment CVT power assemblies with high standards, which can achieve an annual production capacity of 500000 pumps/motors, 100000 sets of multi-way valves and 10000 sets of CVT power assemblies. The project will promote the full development of Weichai Power's non road powertrain business, which is expected to bring revenue and profit accounting for 20%

invest 1billion yuan to build a post market intelligent service system based on the full life cycle

the trend of digitalization and intellectualization in the terminal market is irreversible, and the customer value focus has shifted from the purchase cost to the full life cycle use cost. The raised funds invested 1billion yuan to build a new post market service network for end customers, innovate service channels, extend service cycle, integrate all factor service resources, and create a full cycle and full series of post market service system on the premise of giving full play to the advantage of huge retention, with the goal of forming a 50 billion scale post market business, which has become an important part of business profits

new projects stimulate new momentum and move towards strategic development. How big is the automotive carbon fiber composite market in the new 10 years? Stage

this refinancing is based on the "14th five year plan" of Weichai Power, which focuses on whether the following major strategic deployment is damaging or burry, which is growth and forward-looking. It will continue to consolidate the leading position of the main industry, dig deep into the opportunities of the new industry chain, and enrich the breadth and depth of the industry. In order to give full play to the advantages of the main business and accelerate the industrialization of new business forms, effectively promote structural adjustment and high-quality development, solidly promote the new stage of strategic development, achieve positive, steady and sustainable growth, and create greater returns for shareholders