About Weichai Power
Weichai Power is a company based in Weifang (China) founded in 2002.. The company has 41,402 employees as of December 31, 2018. Weichai Power has completed 2 acquisitions, including ARADEX and Tianjin Qingzhi Technology. Weichai Power operates in a competitive market with competitors including ZF, Cummins, Cooper Standard, Schaeffler and Valeo, among others.
- Headquarter Weifang, China
- Employees 41402 as on 31 Dec, 2018
- Stage Public
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Sectors
Transportation, Automotive & Logistics
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Email
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Phone
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Website
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Social
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- Legal Name Weichai Power Co., Ltd. Class A
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
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Employee Count
41402
as on Dec 31, 2018
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Investments & Acquisitions
ARADEX
& 1 more
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IPO & Listings of Weichai Power
Weichai Power is a publicly listed company on the SZSE with ticker symbol 000338 in China, operating in the Producer manufacturing sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Funding Insights of Weichai Power
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Weichai Power
Weichai Power has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include ARADEX and Tianjin Qingzhi Technology. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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ADAS and autonomous driving technologies are developed for vehicles.
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2016 | ||||
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Motors and drives are manufactured by ARADEX in Germany.
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| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Weichai Power
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Weichai Power Comparisons
Competitors of Weichai Power
Weichai Power operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as ZF, Cummins, Cooper Standard, Schaeffler and Valeo, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Mobility systems are developed for cars, vehicles, and industrial uses.
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| domain | founded_year | HQ Location |
Manufacturer of gas-powered construction equipment
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| domain | founded_year | HQ Location |
Systems and components for the automotive industry are supplied worldwide.
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| domain | founded_year | HQ Location |
Manufacturer of bearings for the automotive industry
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| domain | founded_year | HQ Location |
Automotive products and services are supplied globally to automakers.
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| domain | founded_year | HQ Location |
Automotive cooling systems, pistons, and aftermarket components are manufactured.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Weichai Power
Frequently Asked Questions about Weichai Power
When was Weichai Power founded?
Weichai Power was founded in 2002.
Where is Weichai Power located?
Weichai Power is headquartered in Weifang, China. It is registered at Weifang, Shandong, China.
How many employees does Weichai Power have?
As of Dec 31, 2018, the latest employee count at Weichai Power is 41,402.
What does Weichai Power do?
Weichai Power was founded in 2002 in Weifang, China, where operations focus on the automotive sector. Engines, gearboxes, axles, and hydraulic controls for tractors, buses, trucks, and loaders are produced. Components are supplied and exported to the aftermarket. In 2022, annual revenues of 27.3 billion were achieved, with net profit reaching 0.83 billion.
Who are the top competitors of Weichai Power?
Weichai Power's top competitors include Cummins, Valeo and Cooper Standard.
Is Weichai Power publicly traded?
Yes, Weichai Power is publicly traded on SZSE under the ticker symbol 000338.
How many acquisitions has Weichai Power made?
Weichai Power has made 2 acquisitions, including ARADEX, and Tianjin Qingzhi Technology.
What is Weichai Power's ticker symbol?
The ticker symbol of Weichai Power is 000338 on SZSE.
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