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On June 1, the Trademark Office of the State Administration for Industry and Commerce issued a notice and determined that “Wei Chai†is a well-known trademark in China.
This is the highest honor that Weichai Power Co., Ltd. (hereinafter referred to as Weichai Power) won again after winning the title of “China Top Brandâ€. Prior to this, Weichai Power was rated as "National Top 100 Auto Parts Suppliers" three times in a row.
The reporter recently came to Weichai Power at the Double Happiness, and found that there was a scene of fiery and busy everywhere. The reporter learned at Weichai Power Industrial Park that the newly launched production line has been put into double-shift production from the beginning of April, and all the processes are under full power. The net monthly net production has reached more than 6,000.
According to statistics, in the first five months of this year, Weichai Power continued to maintain a rapid and steady development trend. The sales volume of WD615 diesel engine series reached more than 70,000 units, an increase of 15.18% over the same period of last year, and the growth rate of major economic indicators was higher than that of the same industry in the country. Level.
The good performance also drove the share price of Weichai Power (HK.2338) to continue rising. From the end of January at 10.95 yuan, it has been pulled up to 20.3 yuan in early May, an increase of 85.4%, and it has now stabilized at 16 yuan. According to expert analysis, this shows that investors have paid great attention and fully recognized the development performance and prospects of Weichai Power.
Since the beginning of this year, the heavy truck market in China has continued to decline. From January to May, sales totaled approximately 115,000 vehicles, down 8% year-on-year. However, heavy tonnage heavy truck products have risen against the market and have shown a strong upward trend. In 2005, on the basis of more than 15 tons of heavy trucks doubled from two years ago, demand for the heavy truck market of 280 horsepower or more has increased rapidly.
The drastic changes in the truck market structure have brought greater market opportunities for Weichai Power. In 2006, heavy trucks supporting Weichai Power continued to sell well. Weichai Power's new “2006 New†engine has been praised and favored by users for its superior technical performance and safety, economy, and environmental protection design. Orders have come a long way, increasing month by month, and the product has been in short supply.
In 2005, Weichai Power occupied an 80% market share in the heavy-duty truck market of over 15 tons. In May this year, Weichai Power's heavy-duty truck engine sales reached the best level of 9,500 units, and its share in the heavy-duty truck market climbed again.
The warming up of the construction machinery industry also rewarded Weichai Power's sincere service. More than 1,700 special service centers established throughout the country extend Weichai's "Service Shinkansen" to the Qinghai-Tibet Plateau and mining terminals. It is reported that the sales volume of the loader in the first quarter of this industry increased by 15.1% over the same period of last year. Along with the trend of the industry's recovery, Weichai Power's advantage in this market is even more pronounced, and it continues to remain relatively high during the first five months. market share.
The relevant person observes that the traditional off-season has disappeared in Weichai power. It is understood that at present, the number of orders for Weichai Power is still growing, and preliminary forecasts for 2006 annual orders will increase by about 27% over the previous year.
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