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Founded in 1946, Weichai has over 80,000 employees worldwide and is ranked 2nd among China’s machinery industry top 100 enterprises. Weichai owns six business segments of powertrain, intelligent logistics, automotive, construction machinery, luxury yacht, and finance & after-services. It has four listing companies which have five stocks: Weichai Power, Weichai Heavy Machinery Asiastar Bus and KION Group. The subsidiaries of Weichai Group spread all over Europe, North America, Asia, and other regions, and its products are exported to more than 110 countries and regions. It has R&D centers in Weifang, Shanghai, Xi’an, Chongqing, Yangzhou and established cutting-edge technology innovation centers in US, Germany, and Japan. Its main products range from bus engines to hydraulic parts and spare parts.