Founded in 1946, Weichai is one of the biggest automobile and equipment manufacturing groups regarding comprehensive strength. Having more than 80, 000 employees in the world, the group has achieved 134.1 billion yuan sales income in 2016, ranked 171th of China top 500 enterprises in 2016, 73th of China top 500 manufacturing enterprises and 2th of China top 100 machinery industry enterprises.

Weichai Group is the only enterprise that possesses automotive, construction machinery, powertrain system, luxury yacht and finance & services five business platforms in China. It is an interdisciplinary, multi-industry international company, with branch companies locating in Europe, North America and Southeast Asia, with wholly owned or holding subsidiaries setting in Shandong, Shaanxi, Hunan, Chongqing, Jiangsu, Fujian, Shanghai, Beijing and other cities. Group holding subsidiary-Weichai Power Co., Ltd. (HK2338, SZ000338) is an A + H listed company,

With the sole enterprise-based national key laboratory for the testing of reliability of internal combustion engine, modern "national enterprise technology center" and the first-class level product experiment center in China, with " postdoctoral workstation", the group has set up R&D centers in the United States, Europe and Weifang, Shanghai, Chongqing, Yangzhou, Xi'an in China, which keep enterprise technical level always on the world leading level. Relying on the leading global research and development platform, the enterprise undertaken and involved in 22 national projects, scientific supportting plans, international cooperation plans and scientific research projects, achieved 2489 product and technology patent licenses, presided and participated in establishing more than 65 industry and national standards. In 2013, the "Key technology and industrialization of heavy-duty and high-speed diesel engine" project won the second prize of the National Science and Technology Progress Award, breaking the technology monopoly of foreign companies in the high-speed and heavy-duty diesel engine field. In 2016, WP9H and WP10H, two high-end models independently developed by Weichai, were successfully launched. They can run as long as 30, 000 hours/1.8m miles, which establishes the highest standard in high-speed engine life-circle and fully meet customer's core request for reliability and durability. Weichai has become an important drive for structure adjustment and technological advancement of the industry.

Weichai Group takes the lead in passing ISO9001 and ISO/TS16949 quality management system authentication in the same industry, sets up a service network consists of 5000 special maintenance service centers in the whole nation, with nearly 243 overseas servicing stations, the products are sold well in Russia, Saudi Arabia, Vietnam, Indonesia, Brazil, more than 110 countries. Brands such as "Weichai Power engine", "Fast Gear", "Hande Axle", "Shaanxi Heavy Duty Truck" are playing a leading and dominant role in the relevant domestic market, enjoying the concentration effect of brands.