Weichai Power Quickly out of the financial crisis
In the current financial crisis has not eliminate the case, Weifang Diesel quickly out of the financial crisis downturn, the company continuously adjust and optimize the product structure, expand domestic and international emerging markets, from Construction Machinery , Heavy-duty truck orders were other industries, particularly the State 4 trillion of investment-led, the number of mechanical equipment related to the area of Engine Demand also rose sharply. Ben Wang edit that pilot diversification strategy is the key to win market Weichai Power. In the context of the global industrial recession, Weifang Diesel Engine in March sales growth of 3 monthly production is also a record high.
As a pacesetter in the Weichai engine industry in China Holdings, engine production and sales this year, a substantial growth in both market orders increased by 50% in March output has more than 35,000 units, the highest record over the same period.
Machinery manufacturing in the global financial crisis, suffering the impact of international background, Weichai quickly bottomed out why, to achieve contrarian growth? Weichai chairman Tan Xuguang that this first benefit from the national capital growth, expand domestic demand and a series of favorable policies and measures, in particular, focus on the introduction of light industries, as companies create new market demand.
On orders of Weichai products also confirmed the inference. Marketing department official told reporters, nearly from the construction machinery, dump trucks and other manufacturers continued to increase order volume, the overall market rebound faster than originally expected.
Good government policies, but also good business product. Adjustment in the market, the product of technical superiority and quality advantage to win more users are authorized. Weichai billion on equipment in recent years invested hundreds of modern, information transformation, in Europe, the United States and China established six R & D center, take a 6 "863" program, 300 a year to develop new products, market competitiveness significantly increased new product output value accounting for half. In particular, the new energy saving environmentally friendly products, by the end-user welcome. Weichai launched the world first, "powertrain" products, so that OEMs shorten development cycles car 4 / 5; new research and development of China's first 1900 switch Diesel engine Technological content and quality of products all in the international leading level, the same power than the domestic product more than 17% of fuel economy, product demand. Following the successful development of blue engine State Engine, the Weichai has successfully developed a continuous state IV, V engines countries, continue to walk in the forefront of the industry.
Diversified market strategy, as Weichai contrarian laid a good foundation for growth. Weichai continuously adjust and optimize product mix, expanding in emerging markets, in construction machinery, buses, marine, etc. continue to increase market share, which in the truck engine market in February sales of more than 20,000 units. They also make full use of brand superiority, export growth, has developed in Russia, Indonesia, Vietnam and South America, Middle East and other emerging markets, has greatly increased the room for maneuver. While the trough in the industry
, but Weichai is consistently high-quality marketing services, has won the trust of users. They provide customers with personalized service, professional power to meet customer demand for services to further enhance the degree of lean; as a good "all-round supplier of mechanical power engineering", construction professional services, proprietary parts, special oil, special is a technology products and professional services to re-create the core engineering; to create high-quality "service Shinkansen", has established 3,000 service stations, to provide 24-hour service support.
The face of the current good momentum of development of enterprises, Tan Xuguang but keep a cool head. He told reporters that the founding of Weichai will continue to strive to create three competitive advantages: the "blue engine power" as the core product portfolio to create competitive advantage; to serve the project as the core, to create competitive advantage; to Powertrain the core, to create synergies chain competitive advantage. Weichai will also seize the international market, lower asset prices, the timing, sufficient cash flow to play and experience the advantages of capital operation, integration of resources, building a new business group structure, strengthen the core competitiveness of enterprises, further develop and expand.
Related Reading: Pioneer of the industry rebound: Weichai Power contrarian up (Figure)
Weichai Power Co., Ltd. is China's first H-share listed in Hong Kong, and then return to the mainland to achieve A shares listed company, is China's largest car Parts Enterprise Group. Three business segments Weichai Power powertrain (engine, gearbox, axle), commercial vehicles, automotive parts, each segment in the domestic market are in an absolutely dominant position. Weichai Power's corporate values is a pragmatic innovation, integrity and total surplus, solidarity fair and efficient excellent. Full text
Financial crisis contrarian Weichai Power How to achieve growth?
As a pacesetter in the Weichai engine industry in China Holdings, engine production and sales this year, a substantial growth in both market orders increased by 50% in March production has more than 35,000 units, the highest record over the same period. Machinery manufacturing industry in the global financial crisis, suffering the impact of international background, Weifang Diesel quickly bottomed out why, to achieve contrarian growth? Weichai chairman Tan Xuguang believe that first of all thanks to the national capital growth, expand domestic demand and a series of favorable policies and measures, in particular, focus on the introduction of light industries and for enterprises to create a new market demand. Full text
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