Our report Weichai Power A (000338) and ST Ju Li (000880) are both listed companies of Weichai. Weichai Power was listed on the Shenzhen Stock Exchange after undergoing the absorption and merger work of the Hunan Torch in the past 8 months. * ST Juli also resumed trading today after being suspended for nearly a year.
"Through a series of actions, we have achieved three goals. First, we adopted the way of the stock exchange to absorb the merger of the Hunan Torch, creatively completed the reform of the share-trading structure, and achieved a win-win situation for large and small shareholders. Second, by realizing Weichai Power's listing in the mainland, We can allow mainland investors to share our high-speed growth results; thirdly, we have unlocked the property rights context of China's most prestigious heavy-duty truck resources, such as Weichai Power Engine, Fast Transmission, Hande Axle, and Shaanxi Heavy Duty Truck. Step by step to build China's most competitive auto parts industry chain has laid a solid foundation." Weichai Power Chairman Tan Xuguang believes. Since then, Weichai Power A has had powertrain operations such as Weichai Power Engine, Fast Transmission, and Hande Heavy Truck Bridge, spark plugs, air conditioning, lamps, brakes and other automotive electronics businesses, and Shaanxi Heavy Trucks, Dongfeng Off-road Vehicles, etc. In the vehicle business, a complete heavy-duty automotive industry chain has been formed.
Weichai's multi-combination debt processing of ST Juli achieved net shell restructuring. After the quality assets of Weichai Factory were injected into ST Juli, a series of strategic plans were carried out: increasing the investment in R&D and technological transformation of 170 series diesel engines and expanding production capacity; expanding the application research and development of CW200 products and carrying out large-scale technological transformation , Occupy the status of leader in small and medium-power marine diesel engines.
View related topics: Weichai Power: Expanding Auto Parts Gold Industry Chain
CBD package
UCPACK , https://www.dgpackpioneer.com