Yuchai Weichai burst into the top 500 in the world and determined to enter the world’s top 500

China's largest auto parts manufacturing group Weichai and Yuchai, China’s largest independent diesel engine manufacturer, have announced sales in the first half of the year. Weichai’s first-half sales revenue exceeded 100 billion yuan, and Yuchai’s first-half sales exceeded 18 billion yuan.

If one word is used to describe the situation of China's internal combustion engine market in the first half of this year, it will be “up.” Thanks to the country’s macro-control policy, starting from last October, China’s internal combustion engine industry has exhibited an unprecedented prosperity. Almost none of the companies are not rising. Among them, the one that has benefited the most is Weichai.

Weichai is an engine-centered and diversified automobile parts manufacturing group, while Yuchai is focused on the research and development of internal combustion engines. These are two completely different business models. At present, which model is more Well, we can't rush to conclusions yet.

Weichai and Yuchai are China's leading manufacturers of internal combustion engines and belong to the first echelon. If the sales revenue of the internal combustion engine is higher than that of Yuchai, Weichai is mainly selling high-power engines. If the number of units sold is from Yuchai, Yuchai is higher than Weichai, because Yuchai sells medium- and low-power engines. the Lord.

In these years, Weichai has been leading the entire industry at an extraordinary rate of development. The annual sales revenue from 1998 was 500 million yuan, which soared to over 100 billion yuan in the first half of this year. Weichai's development speed has attracted worldwide attention. Weichai's achievements today are inseparable from the vision and wisdom of Chairman Tan Xuguang and the wisdom of leadership. It is inseparable from the hard work of several generations of Weichai people. Weichai’s 13th Five-Year Development Plan has an annual sales income of RMB 200 billion and has entered the Fortune 500. The entry barrier for the Fortune 500 in 2016 is around RMB 140 billion, which means that Weichai will march into the Fortune 500 in 2017.

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