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, LHY Powertrain, Dematic, PSI, Baudouin, Ballard and other well-known brands at home and abroad. In 2024, the Company's operating income was 215.69 billion yuan, and the net profit was 11.4 billion yuan.