A few days ago, the “Fortune” magazine’s Chinese website recently published the Top 500 Chinese Enterprises in 2015 list. Weichai Power was selected as a strong candidate.

The Top 500 Chinese Enterprises in 2015 list Weichai Power rose 28 times
In 2015, the Top 500 Chinese Enterprises ranked Weichai Power up 28 times

According to reports, among the Top 500 Chinese Enterprises, there are 20 companies in Shandong Province, and there are 3 companies in Weifang City. Weichai Power ranks 70th, up 28 places from last year. The coverage of the top 500 rankings in China includes all Chinese companies listed in China and abroad. The basis for the data is the closing price of the relevant company's stock market on December 31, 2014.

Since 2014, Weichai Power has adjusted its market competition strategy in response to the situation, paid close attention to management to dig into its internal potential, and has maintained a steady and healthy development trend in the period of general business difficulties in the traditional manufacturing industry in China, and has achieved technological innovation, cost reduction and efficiency improvement. Breakthroughs in international operations. In terms of independent innovation capability, Weichai Group has launched a “Smart Power Platform” with leading technology, high efficiency and reliability. At the same time, in order to stimulate internal innovation dynamism, it has actively streamlined the innovation mechanism and system, and has built brainstorming sessions, technology innovation summits and other technological innovations. The platform will work together to transform innovation into productivity. In addition, the expansion of foreign markets has contributed to the increasing contribution of overseas businesses to businesses. At present, overseas manufacturing projects are progressing well. India, Myanmar and other projects have been officially put into production. The strategic layout of overseas businesses has been gradually improved, and major markets such as Thailand and Myanmar have been consolidated, new markets such as Indonesia and Brazil have been opened up, and in-depth cooperation with strategic customers such as Iran, Vietnam, and Russia has been further strengthened.

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