Weichai Power Co., Ltd. was founded in 2002 by the Weifang Diesel Engine Factory then as the main initiator and jointly established by domestic and foreign investors. It is the first enterprise in China's internal combustion engine industry listed in Hong Kong stock market, and also the first company that has both listed in China Mainland and Hong Kong stock markets through stock swap based on acquisition. The Company has Weichai Power engine, Shacman heavy-duty truck, Weichai Lovol smart agriculture, Fast transmission, Hande axle, Torch spark plug, KION, Linde hydraulic, Dematic, PSI, Baudouin, Ballard and other well-known brands at home and abroad. In 2023, the Company’s operating income was 213.96 billion yuan, and the net profit was 9.01 billion yuan. It ranks 156th in China's top 500 enterprises, 73rd in China's Top 500 Manufacturing companies, 22nd in China's top 100 multinational companies, and has a 48.57% multinational index.