Communication on the Sino-German Cooperation Pilot Demonstration Project!

Total Page:16

File Type:pdf, Size:1020Kb

Communication on the Sino-German Cooperation Pilot Demonstration Project! Communication on the Sino-German Cooperation Pilot Demonstration Project! Weichai Power Co., Ltd. 1 Contents q 1. About Weichai Group q 2. Sino-German Cooperation Project Status q 3. Requirements and Suggestions 2 1.1 About Weichai Group p Established in 1946 p Weichai Group has five major business segments, p Employees: 74,000 worldwide including automobile, construction machinery, p Total assets: 133 billion RMB powertrain system, luxury yacht, finance & p Sales revenue: 107.5 billion RMB (revenue of services. It is currently one of the strongest and most overseas companies accounting for 53%, and comprehensive automobile and equipment German subsidiaries contributing 1/3) manufacturing groups in China. p One of the strongest automotive and equipment manufacturing companies in China 34% Sales income( in 100 million RMB) 3 1.2 Integration of IT and industrialization at Weichai Group Process & IT support global business operations refinement p Weichai’s R&D has gone through stages of "so9ware design – single-point system support - full coverage for R&D process – in-group collaborave R&D - global industrial chain collaborave R&D", and ulDmately uses the integraon of IT and industrializaon to support Weichai’s global collaborave R&D. p Weichai’s producDon has gone through stages of "manual recording – MES 1.0 engine assembling document management – MES 2.0 producDon order tracking – MES 3.0 system-guidance feeding – MES 4.0 product cloud, mobilizaon and Internet of things", and uses the integraon of IT and industrializaon to support Weichai’s large-scale, customized and fast delivery. In 2016, 69,436 enterprises par3cipated the evaluaon of integraon p Weichai’s aer-service market has gone through stages level of IT and industrializaon. Weichai Power Co., Ltd. is higher of "service process monitoring - main service process than 98.38% of the par3cipa3ng enterprises, higher than 99.20% of integraon – life-cycle service for customer", and uses the same industry. In accordance with the first-level indicator score, the integration of IT and industrialization to support Weichai is in the "breakthrough innova3on (3.8%)" stage. Weichai’s transformaon to a manufacturing and service company. 4 1.3 Intelligent manufacturing is the only way to realize Weichai Group’s strategy In May, 2015, the Chinese government issued "Made in China 2025" Chinese In Jan, 2016, the Chinese government proposed to make intelligent manufacturing the main direc3on of the Government integraon of industrializaon and IT. strategy Intelligent manufacturing: realizing the informaonizaon, digitalizaon, intelligenzaon of the whole process of manufacturing. Company To create products with the most compeveness in view of cost, core technology and quality, to Strategy move towards the high-end, and to transform into a manufacturing and service company Improve the cost compe33veness Improve the technological compe33veness Improve the quality compe33veness Flexible manufacturing Global collaborave research and development Process opmizaon Improve efficiency Intelligent products & industrial data Quality control upgrade cut costs Promote product opmizaon and technology Product consistency & reliability upgrades, and move towards the high-end Improve the overall compe33veness of the industrial chain Establish the overall upgrading forces for the "vehicle - powertrain - parts" golden industry chain; Play the leading role in the chain to push upstream and downstream companies for collaborave innovaon and enhancement of customer sasfacon 5 1.4 Sino-Germany cooperation project status Overall Plan Step By Step Cooperation In August, 2015, Weichai In May,2016, Weichai “Intelligent plant In September,2016, Weichai’s “Sino- “Comprehensive demonstraon of construcDon of high-end diesel engine German cooperaon in high-end diesel engine intelligent based on intelligent equipment and hydraulic part factory pilot project pilot” manufacturing”was selected as large industrial data” was selected as was selected as Sino-German smart 2015 pilot project of intelligent 2016 intelligent manufacturing manufacturing cooperaon pilot manufacturing by China’s Ministry applicaon demonstraon by China’s demonstraon by China’s Ministry of of Industry and Informaon Ministry of Industry and Informaon Industry and Informaon Technology. Technology. Technology. 6 ⺫ 录 q 1. About Weichai Group q 2. Sino-German Cooperation Project Status q 3. Requirements and Suggestions 7 2.1 Sino-German Cooperation Program Project Name: Sino-German cooperaon in smart high-end hydraulic part factory pilot Aschaffenburg, Germany demonstraon Project content: 1. Chinese part invests 78 million euros to jointly build high-end hydraulic intelligent factory in Germany; 2. Both parDes carry out cooperaon in informaon technology and data uDlizaon; 3. Based on the previous experience of cooperaon, the joint team will build a intelligent hydraulic factory in China; 4. Both parDes will together promote the relevant standards of intelligent manufacturing being introduced; Time: March 2016 - March 2018 Weifang, China Status: 1. The intelligent manufacturing demonstraon factory in Germany has been completed; 2.Linde hydraulic (China) factory construcDon is currently in progress. Cooperaon pares: Chinese team German team Weichai Power Co., Alliance of Industria Internet, KION GROUP, Linde Hydraulics China Academy of Informaon and Communicaons Technology ,InsDtute of GmbH & Co. KG , Siemens Ltd., Automaon of , Chinese Academy of Sciences, China,Robert Bosch Gmbh and Huawei Technologies Co., Ltd. ,ETIRI, CHINA so on TELECOM and so on 8 2.2 Project Benefits Ø Two smart factories: Linde Hydraulics’ new factory in Germany, and Linde Hydraulics (China) Smart factory smart factory. Ø Sino-German intelligent manufacturing will integrate and promote each other. With integraon of German experiences on cultural ideas, factory design, producDon, business operaon, product research etc, “German quality but made in China” will be realized. Technology patent Ø The pilot project will form 25 patents regarding technology and applicaon, including the safe brake system, walking system, variable control system. Ø It will enable Linde Hydraulics to become the leader in China‘s high-end hydraulic part industry. Social benefits Ø The German intelligence factory will provide more than 500 jobs, and more than 20 million worth of tax every year. Ø Chinese party’s investment of 78 million euros for the new factory in Germany will promote the cultural exchanges and economic development between two governments. Economic benefits Ø In five years aer the compleDon of the project, the factory is expected to produce and sell 12,000 hydraulic pumps, 12,000 motors, and 1,240 valves. The sales revenue will reach 300 million euros. Ø 1 billion euros sales revenue is expected in 2030. 9 2.3 Cooperation between Weichai and German parties Weichai has purchased equipment, parts, so9ware, industrial control systems, etc. from German enterprises with more than 2 billion RMB. On equipment On products Working with Bosch, Weichai has researched and developed engine ECUs (electronic control unit), which are currently applied in Weichai’s diesel engines and CPS⽣产线 多托盘卧式加⼯中⼼ 三坐标测量机 ⾃动机器臂 offering lots of running data for Weichai. Intelligent processing, assembling, test equipments Working with Siemens, Weichai has introduced the advanced five-axis machining center, tray horizontal machining center and a number of advanced detecDon equipment, and has built several flexible producDon lines and intelligent test lines with high-end equipment. On Plaeorm On Electric CNC system and PLC Working with Siemens for R&D on process management WPM plaorm for Weichai 1. 255 sets of electric CNC systems, and 34.9% come from Working with SAP for R&D on ERP system for subsidiaries Siemens. ERP of Weichai. 2. 1201 sets of PLC system, and 76.6% come from Siemens. 10 ⺫ 录 q 1. About Weichai Group q 2. Sino-German Cooperation Project Status q 3. Requirements and Suggestions 11 3 Requirements and Suggestions p We suggest a Sino-German coopera3on for intelligent manufacturing technology breakthrough IntelligenDzaon of the products: At present, we have high demand for industrial-level embedded communicaon module in the process of intelligenDzaon. But the exisDng technology cannot meet the requirements on stability, reliability, durability and low cost during intelligenDzaon. The internet of the industry. When it comes to data transmission, how we should realize the requirements on low latency, high security, high reliability and high performance is a new challenge. p We suggest that China and Germany share the exisng standards to promote the formaon of industry standards for intelligent manufacturing At present, Weichai has shared the data security standard protocol with Siemens and Bosch. In the future, Sino-German cooperaon should be further enhanced to hopefully one day form data security standards and common industry standards. p We suggest that German government gives equal support to the Sino-German cooperaon pilot demonstraon project The Chinese government has given great financial support to the Sino-German cooperaon pilot demonstraon project. As the beneficiary of tax, employment and expanding Chinese market, we hope that German government can offer equal financial support. 12 13 .
Recommended publications
  • Annual Report 2020
    CONTENTS Financial Figures 002 Definitions 003 Corporate Information 007 Organisation Structure 009 The Group 010 Shareholder Information 011 Chairman’s Statement 013 Management Discussion and Analysis 016 Directors and Senior Management 038 Corporate Governance Report 047 Report of the Directors 062 Independent Auditor’s Report 084 Consolidated Statement of Profit or Loss 089 Consolidated Statement of Comprehensive Income 090 Consolidated Statement of Financial Position 091 Consolidated Statement of Changes in Equity 093 Consolidated Statement of Cash Flows 095 Notes to the Consolidated Financial Statements 098 Five Years Financial Summary 203 002 SINOTRUK (HONG KONG) LIMITED | ANNUAL REPORT 2020 FINANCIAL FIGURES 2020 2019 Increase/(Decrease) % Operating results (RMB million) Revenue 98,198 62,613 35,585 56.8 Gross profit 19,585 12,219 7,366 60.3 Profit attributable to owners of the Company 6,851 3,474 3,377 97.2 Profitability and Liquidity Gross profit ratio (%) 19.9 19.5 0.4 2.1 Net profit ratio (%) 7.6 6.3 1.3 20.6 Current ratio (time) 1.1 1.3 (0.2) (15.4) Trade receivable turnover (days) 41.9 71.2 (29.3) (41.2) Trade payable turnover (days) 186.1 174.2 11.9 6.8 Sales volume (units) HDTs — Domestic 247,454 129,424 118,030 91.2 — Export (including affiliated export) 30,961 40,009 (9,048) (22.6) Total 278,415 169,433 108,982 64.3 LDTs 181,013 109,280 71,733 65.6 Buses 228 1,187 (959) (80.8) Trucks sold under auto financing services 69,300 34,133 35,167 103.0 Per share data Earnings per share - basic (RMB) 2.48 1.26 1.22 96.8 2020 final dividend per share HKD 1.04 0.39 0.65 166.7 or RMB 0.88 0.36 0.52 144.4 Note: In April 2020, the Group acquired the entire equity interests in Datong Gear from CNHTC.
    [Show full text]
  • 2019年度社會責任報告 Corporate Social Responsibility Report 2019
    2019年度社會責任報告 Corporate Social Responsibility Report 2019 濰柴動力股份有限公司 WEICHAI POWER CO., LTD. Weichai Power Co., Ltd. Corporate Social Responsibility Report 2019 Summary of the Report Subject of the report: The subject of the report is “Weichai Power Co., Ltd. (000338.SZ, 02338.HK)”. Unless otherwise specified in the main text, “we”, “the Company”, “Weichai Power” and “Weichai” shall be taken as its short names. Time frame of the report: 1 January to 31 December 2019, with some contents exceeding the aforementioned time frame. Scope of the report: The report primarily covers the performance and practice of social responsibility of Weichai Power for the year 2019. It concerns the disclosures of performance in key responsibilities and focuses on sustainability and continuous improvement of corporate social responsibilities. The report also disclosed the performance of major social responsibilities by our subsidiaries, namely, KION Group AG (“KION”), Shaanxi Heavy-duty Motor Company Limited (“Shaanxi Heavy-duty Motor”) and Shaanxi Fast Gear Co., Ltd.. (“Fast Gear”). Publication cycle of the report: The corporate social responsibility report is published along with the annual report. Past reports: As of now, the Company has already issued its corporate social responsibility report for 12 consecutive years. References used in the preparation of the report: “The Environmental, Social and Governance Reporting Guide” of The Stock Exchange of Hong Kong Limited (“HKEx”) “The Guidelines for the Standardized Operation of Listed Companies”of the Shenzhen
    [Show full text]
  • Operation & Maintains Manual of Weichai Group Diesel Gen-Set
    Operation & Maintains Manual of Weichai Group Diesel Gen-set Version No.: V01 Weichai Heavy Machinery Co., Ltd. Foreword Before operating the Gen-set, please read this Operation Manual carefully. This user manual is mainly used to guide customers how to use this equipment, describes structural composition, operation and use, daily maintenance and care, fault diagnosis and measures that shall be taken in details, is helpful for operators and maintenance personnel to use and maintain the Gen-set correctly and contributes for judgment analysis and troubleshooting when the Gen-set malfunctions, in order to ensure that the equipment can be put into normal operation rapidly. Please refer to and read diesel engine’s operation manual, alternator’s user manual and drawings and documents of control part, etc. provided with the Gen-set whiling reading this manual, in order to prevent accidental operations and misjudgment on faults. Precautions in this manual are basic principles that the operators must follow and perform strictly. The purpose of safe and effective operation can be realized only if the equipment is operated and maintained correctly. Occurrence of many accidental injuries often is caused by the reason that basic safety rules are not observed. Contents Chapter 1 Safety ............................................................................................................ 1 I. SAFETY RULES ................................................................................................ 1 II. SAFETY SYMBOLS .........................................................................................
    [Show full text]
  • Download Article (PDF)
    International Conference on Advances in Mechanical Engineering and Industrial Informatics (AMEII 2015) Analysis and Selection to Diesel Engine Type Spectrum for Fishing Vessel Yongding WANG1, a, Shanshan WU2, b 1Department of College of Engineering Science and Technology, Shanghai Ocean University, Shanghai, 201306, China 2Department of College of Engineering Science and Technology, Shanghai Ocean University, Shanghai, 201306, China aemail: [email protected], bemail:[email protected] Keywords: Diesel Engine Type Spectrum; Diesel Selection; Power Distribution Abstract. This paper analyzes the "fishing vessel with a diesel-type spectral identity management measures" to implement the former fishing diesel chaotic management Phenomenon, through the Ministry of Agriculture announced 570 fishing boats with diesel-type spectral data analysis, with power, speed is statistical indicators, drawn by the domestic fishing engine speed, power distribution, inference may encounter situations when the current domestic diesel engine selection. Introduction Over the years due to overfishing of fishery resources, fishers range gradually developed from offshore ocean, fishing master power demand is increasing[1]-[5]. For the limitations of national dual-control policies on the one hand fisherman host power demand, on the other hand diesel engine manufacturers competitive market, there has been fishing the host "big machine small scale", "boat permits inconsistent" and the phenomenon of chaotic management, and long-term exist. The Ministry of Agriculture to strengthen fishing diesel management, science and approved the main parameters of the host power, issued a "fishing boat with diesel-type spectra identification and management approach", the paper published spectral type diesel power, speed to analyze results of the election of the host fishing type range, and future directions[6].
    [Show full text]
  • The Magazine Foreword Partnership Visions Knowledge Trends Family Innovation Success System Tradition Global
    Edition 4 | June 2019 The Magazine Foreword partnership visions knowledge trends family innovation success system tradition global Dear customers, partners and colleagues The year 2019 is a very special one for the HELLER Group. And today? Companies seeking to compete successfully in the 125 years ago, Hermann Heller – only 25 at the time – market not only have to think about tomorrow, but also about stories founded the company ‘Hermann Heller Handelsgeschäft und the day after tomorrow. Artificial intelligence, Industry 4.0 Fabrikation in geschützten Artikeln und Uhrmacher­ and the future of mobility are the challenges we need to werkzeugen’, specialising in the trade and manufacture of meet with the same visionary entrepreneurial spirit our patented products and watchmaker’s tools. Only a short founders taught us. Particularly in politically and economically while later, his brother Ernst, a trained tradesman, joined challenging times, forward thinking and anticipatory action the company. This marked the birth of ‘Gebrüder Heller are the key to sustainable success. As a long­term oriented Werkzeug­ und Maschinenfabrik’ in Nürtingen. family business, we have the capabilities to develop and realise visions together. The visionary thinking of the founders provided the foundation for HELLER’s long success story. Already in 1900, Hermann I hope you will enjoy reading this issue and look forward to Heller anticipated the technical development which was to receiving your feedback! become a reality decades later. “In my opinion, the future will be determined by machines and apparatuses. As to the future, I foresee large machines producing all kinds of goods in a fully automatic manner.” This is what the company’s founder replied when asked about where he saw his company in 120 years’ time.
    [Show full text]
  • Weifang Zone to Charge up New Economic Growth Drivers
    CHINA DAILY Tuesday, May 15, 2018 Weifang Hi-tech 19 Supermaly goes all out to embrace tech innovation capability By YUAN SHENGGAO Shandong Supermaly Gen- erating Equipment Co, located in the Weifang Hi-tech Indus- trial Development Zone, has We will continue been strongly engaged in technological innovation in to strengthen order to strengthen its market competitiveness. our competitive The company joined with advantages.” professor Zhang Junhong from Tianjin University in Tian Min, director of the work to further reduce the Comprehensive Administrative noise from power generating Department at Supermaly equipment, from levels of 100 to 125 decibels to less than 60 decibels. to advance our key technolo- Its newly designed power gies so as to grow and become generator is also 8 percent stronger.” smaller in size than the previ- Supermaly’s managers ous model, according to the decided to transform the group company. from a power generating equip- A resident experiences GoerTek’s virtual reality system at the 11th China Weifang Culture and Art Fair held in Weifang, East China’s Shandong provice, in late April. “Reliability and noise lev- ment trader to a manufacturer. PROVIDED TO CHINA DAILY els are two key elements in “It took us three years to evaluating the performance of increase sales revenue from a power generator,” said Cao more than 10 million yuan Zhengkun, director of tech- ($1.58 million) to more than nology development at Super- 100 million yuan, by promot- maly. ing technological innovation,” Weifang zone to charge up new “We are working hard to said Tian Min, director of the reduce noise to boost our mar- Comprehensive Administrative ket competitiveness.” Department at Supermaly.
    [Show full text]
  • Annual Report 2019
    CONTENTS Financial Figures 002 Definitions 003 Corporate Information 007 Organisation Structure 009 The Group 010 Shareholder Information 011 Chairman’s Statement 013 Management Discussion and Analysis 016 Directors and Senior Management 036 Corporate Governance Report 045 Report of the Directors 059 Independent Auditor’s Report 081 Consolidated Statement of Profit or Loss 090 Consolidated Statement of Comprehensive Income 091 Consolidated Statement of Financial Position 092 Consolidated Statement of Changes in Equity 094 Consolidated Statement of Cash Flows 096 Notes to the Consolidated Financial Statements 098 Five Years Financial Summary 212 002 SINOTRUK (HONG KONG) LIMITED | ANNUAL REPORT 2019 FINANCIAL FIGURES 2019 2018 Increase/(Decrease) % Operating results (RMB million) Revenue 62,227 62,728 (501) (0.8) Gross profit 11,847 11,324 523 4.6 Profit attributable to owners of the Company 3,334 4,346 (1,012) (23.3) Profitability and Liquidity Gross profit ratio (%) 19.0 18.1 0.9 5.0 Net profit ratio (%) 6.1 7.5 (1.4) (18.7) Current ratio (time) 1.4 1.3 0.1 7.7 Trade receivable turnover (days) 48.4 46.2 2.2 4.8 Trade payable turnover (days) 171.2 159.1 12.1 7.6 Sales volume (units) HDTs — Domestic 129,424 131,748 (2,324) (1.8) — Export (including affiliated export) 40,009 36,300 3,709 10.2 Total 169,433 168,048 1,385 0.8 LDTs 109,280 134,046 (24,766) (18.5) Buses 1,187 1,553 (366) (23.6) Trucks sold under auto financing services 34,133 27,748 6,385 23 Per share data Earnings per share - basic (RMB) 1.21 1.57 (0.36) (22.9) 2019 final dividend per share HKD 0.39 0.64 (0.25) (39.1) or RMB 0.36 N/A N/A N/A Note: In April 2019, the Group acquired the entire equity interests in Sinotruk Ji’nan HOWO Bus Co., Ltd.
    [Show full text]
  • UNITED STATES SECURITIES and EXCHANGE COMMISSION Washington, D.C
    UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (Date of earliest event reported): June 11, 2019 Power Solutions International, Inc. (Exact name of registrant as specified in its charter) Delaware 001-35944 33-0963637 (State or other jurisdiction (Commission (IRS Employer of incorporation) File Number) Identification No.) 201 Mittel Drive, Wood Dale, Illinois 60191 (Address of principal executive offices and zip code) Registrant’s telephone number, including area code: (630) 350-9400 Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below): ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Trading Name of each exchange Title of each class Symbol(s) on which registered None — — Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
    [Show full text]
  • BALLARD POWER SYSTEMS INC. ANNUAL INFORMATION FORM for the Year Ended December 31, 2020 Dated March 11, 2021
    BALLARD POWER SYSTEMS INC. ANNUAL INFORMATION FORM For the year ended December 31, 2020 Dated March 11, 2021 TABLE OF CONTENTS CORPORATE STRUCTURE 3 Name, Address and Incorporation 3 Our Vision, Mission, and Values 3 Intercorporate Relationships 3 Recent History 4 OUR BUSINESS 13 Strategy 14 Revenues from Market Segments 15 Our Markets, Products and Services 16 Product & Service Overview 16 Fuel Cell Products and Services 18 Power Products Markets 18 Technology Solutions 22 Impact of Regulations and Public Policy 22 Research and Product Development 25 Intellectual Property 25 Manufacturing 25 Safety 27 Quality 27 Facilities 27 Sustainability 28 Human Resources 28 SHARE CAPITAL AND MARKET FOR SECURITIES 28 DIVIDEND RECORD AND POLICY 29 ESCROWED SECURITIES AND SECURITIES SUBJECT TO CONTRACTUAL RESTRICTIONS ON TRANSFER 29 DIRECTORS AND OFFICERS 30 Board of Directors 30 Conflicts of Interest 33 Senior Officers 34 Shareholdings of Directors and Senior Officers 34 AUDIT COMMITTEE MATTERS 35 Audit Committee Mandate 35 Composition of the Audit Committee 35 i Audit Fees 36 Audit-Related Fees 36 Tax Fees 36 All Other Fees 36 LEGAL PROCEEDINGS 37 INTERESTS OF MANAGEMENT AND OTHERS IN MATERIAL TRANSACTIONS 37 TRANSFER AGENT AND REGISTRAR 37 MATERIAL CONTRACTS 37 INTERESTS OF EXPERTS 42 RISK FACTORS 42 ADDITIONAL INFORMATION 57 APPENDIX “A” AUDIT COMMITTEE MANDATE 58 ii This Annual Information Form and the documents incorporated by reference herein contain forward-looking statements that are based on the beliefs of management and reflect our current expectations as contemplated under the safe harbor provisions of Section 21E of the United States Securities Exchange Act of 1934, as amended.
    [Show full text]
  • Weichai, Shengrui Blaze Trail for Industry
    12 Weifang Hi-Tech special Thursday, June 8, 2017 CHINA DAILY High-tech zone sees significant Biotech growth in first quarter of 2017 company’s Various economic indices in the zone report growth in the first quarter R&D vital to The GDP of the zone reached 8.64 billion yuan ($1.25 billion) by the end of March, expansion an increase of 11.8 percent year-on-year, topping all districts in Weifang. Primary industries, secondary industries and By TANG ZHIHAO tertiary industries contributed 0.02 percent, 59.40 percent and 40.58 percent Shandong Bestcare Biotech- to overall GDP, respectively, compared to nology, a company specializ- 0.06 percent, 56.77 percent and 43.17 ing in immune protein in the percent in the first quarter of last year. Weifang Hi-Tech Industrial Development Zone, meets new Growth in the industrial sector and the market trends head-on thanks to its research and innovation equipment manufacturing industry capabilities. The industrial output value of large-scale The company, established in industrial businesses reached 21.17 2010, focuses on developing billion yuan in Q1, an increase of 21.5 immune protein for animals percent year-on-year. High-tech industrial such as sea cucumbers, foxes output value was 15.21 billion yuan, up and fish. 33.2 percent year-on-year. The equipment Liu Jinlong, general manager manufacturing industry’s output value of Bestcare, said that research increased 48.3 percent year-on-year to and development costs will 11.51 billion yuan. equate to 10 percent of the company’s net profit annually Fast growth in the service industry and in the next few years.
    [Show full text]
  • Weifang Wants Global Appeal
    12 Thursday, July 9, 2015 High-tech report CHINA DAILY A JOINT PUBLICATION OF CHINA DAILY AND WEIFANG HIGH-TECH INDUSTRIAL DEVELOPMENT ZONE High-tech Weifang wants global appeal zone adds two new Industrial zone is looking to tap potential of worldwide economic restructuring development By ZHUAN TI in the global spotlight. In a list of the [email protected] top 500 Chinese enterprises released by Fortune Magazine in 2014, Wei- park projects The Weifang High-Tech Industrial chai Group ranked 98th, topping all Development Zone is pressing ahead the engine manufacturers. with its objective of “going global”. For a high-tech zone, innovation By WANG QIAN The high-tech zone in the city of Wei- is always the driver of development. [email protected] fang in Shandong province, which is The Weifang High-Tech Industrial among the first 54 State-level high- Development Zone has been intro- Two new economic develop- tech zones, is sealing more interna- ducing international technologies ment parks were established in tional cooperation projects, bringing and projects to the companies and the Weifang High-Tech Industrial in advanced technologies from over- institutions in the zone in recent Development Zone on July 1, in a seas and creating an international years. bid to promote its third entrepre- living and working environment. Blue Wisdom Valley, an innovation neurship course and boost innova- “An open economy should park inside the high-tech zone that tive development. embrace all the trends and challeng- accommodates the zone’s incubation The Xingang economic develop- es of the global economy.
    [Show full text]
  • Weichai Marine Engines 01 Marine Engine Introduction
    Worldwide Offices North America Russia 3100 Golf Road, Rolling Meadows, IL, 60008 USA 178 Partizanskiy Avenue, office 606, Minsk, Phone: 1-847-7257030 220075 Republic of Belarus Fax: 1-847-7257060 Phone: 375-17-3462290 Fax: 375-17-3462097 Singapore Westech Building, 237 Pandan Loop #05-11, India 128424 Singapore No-201, Pentagon Tower P3, Magarpattacity, Phone: 65-67792729 Pune, Maharashtra, 411013 India Fax: 65-67797195 Phone: 91-20-30162800 Fax: 91-20-30262820 Middle East RA08, LA04, Jebel Ali Free Zone, Dubai, UAE Headquarters Phone: 97-1-48810650 NO.197A, Fushou East Str., High-tech Fax: 97-1-48810651 Industrial Development Zone, Weifang, Shandong, 261205 China Phone: 86-536-8269988 Fax: 86-536-8232079 [email protected] For more information, please visit: www.weichai.com WEICHAI 2015.1 E3-BLD MARINE ENGINES MARINE ENGINES THE BEST DIESEL TABLE OF CONTENTS ENGINE BY WEICHAI Weichai Introduction Weichai has four business platforms covering vehicle, chain and improving its competitiveness through powertrain, luxury yacht and auto parts. Its subsidiaries strategic investments. Weichai acquired French Weichai Introduction 01 are spread across Europe, North America, Southeast Baudouin in 2009, further expanding engine business. In Asia and other regions. Global R&D and Operation 2012, Weichai Group acquired 75 percent of Italy's Centers are established in Chicago, Marseilles, Forli, Ferretti, the world's largest luxury yacht manufacturing Frankfurt and Singapore. At present, Weichai has enterprise. Later in 2012, Weichai Group’s subsidiary, Marine Engines Introduction 02 offices in more than 30 countries and over 400 Weichai Power, signed a strategic cooperation authorized service stations.
    [Show full text]