The storylines故事线
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Product launches & deliveries产品发布与交付
9 · 2024-01-10 → 2026-05-07
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New product launches, batch deliveries, and market entry of engines, vehicles, and equipment.新产品发布、批量交付及发动机、车辆和设备进入市场。
2024-01-10Weichai WP6T diesel engine delivered to major customer in Suqian, Jiangsu; 5 units of Sinotruk TX7 trucks equipped with WP6T delivered, marking market entry of new-generation diesel platform with 300 hp and 1050 Nm torque.潍柴WP6T柴油发动机在江苏宿迁交付大客户，5台搭载WP6T的中国重汽TX7载货车交付，标志着新一代柴油机平台上市，最大马力300Ps，最大扭矩1050N·m。
2025-01-06Weichai Power released a dual-fuel China-6 diesel-natural gas engine product; it does not qualify for equipment replacement subsidies but offers stronger power and better fuel economy.潍柴动力发布双燃料国六柴油天然气发动机产品；不符合设备以旧换新补贴政策，但动力性更强、经济性更优。
2025-04-14Weichai Power held a ship power new energy product exchange and project signing ceremony in Wuhu, Anhui, securing batch意向 orders for LNG-powered multi-purpose vessels (119.8m and 68m) with power range 490-1650 hp.潍柴动力在安徽芜湖举行船舶动力新能源产品交流会暨项目签约仪式，签订批量119.8米和68米LNG动力多用途船动力系统订单，功率范围490-1650马力。
2025-05-14Weichai showcased three emergency power products at the 4th EDRR expo, including the 16M55 diesel generator set (9s start, 32,000h overhaul interval, self-developed ECU).潍柴在第四届长三角国际应急减灾和救援博览会上展出三款应急动力产品，包括16M55陆用发电柴油机（9秒起动、32000小时大修期、自主ECU）。
2025-05-22Weichai confirmed it launched a new-generation large-horsepower high-end gas engine in 2024 and has rolled out full-series commercial vehicle and construction machinery power batteries, offering 'traditional + clean + new energy' multi-power solutions.潍柴确认2024年发布了全新一代大马力高端燃气发动机，并推出了全系列商用车、工程机械动力电池，提供“传统能源+清洁能源+新能源”多领域动力解决方案。
2025-08-11Batch delivery of high-end tourist coaches equipped with Weichai WP12H engine (430hp, 2000Nm) for Yunnan-Guizhou-Sichuan golden tourism routes.搭载潍柴WP12H发动机（430马力，2000N·m）的高端旅游客车批量交付，用于云贵川黄金旅游路线。
2025-09-09Weichai Power supplied 452kWh battery and WP7 engine for the world's first AI pure-electric unmanned bulldozer, jointly developed with Shantui.潍柴动力为全球首台AI纯电无人推土机提供452kWh电池和WP7发动机，与山推联合开发。
2025-12-26Weichai Power partnered with Yingxuan Heavy Industry to launch new energy products, including the industry's first pure electric loader, first hybrid loader, and world's first methanol hybrid loader, integrating Weichai's new energy powertrain.潍柴动力与英轩重工联合发布新能源产品，包括行业首台纯电装载机、首台混合动力装载机及全球首台甲醇混合动力装载机，融合潍柴新能源动力系统。
2026-05-07New generation X6 series pure electric loader officially rolled off the production line and achieved batch market delivery, leveraging synergies between Weichai and Shantui.全新一代X6系列纯电装载机正式下线，同步实现市场批量交付，依托潍柴与山推的协同优势。
Hydraulic business (Linde / LHY)液压业务（林德/LHY）
5 · 2024-01-12 → 2025-10-20
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Weichai's hydraulic transmission business grew strongly, breaking into large mining trucks, and launched the new LHY global hydraulic brand.潍柴液压传动业务强劲增长，打入大型矿用卡车市场，并推出新的LHY全球液压品牌。
2024-01-12Weichai WP15H hydraulic powertrain for 65-70t excavators showcased at Inner Mongolia mine; features large-displacement engine and pump, lower speed and noise, compacted graphite iron block and cylinder head.潍柴WP15H液压动力总成在内蒙古准格尔旗矿区展示，适用于65-70吨挖掘机，采用大排量发动机和液压泵，转速低200rpm、噪声低2dB(A)，蠕墨铸铁机体和缸盖。
2024-03-26Weichai Power's 2023 annual report showed that its hydraulic transmission business achieved sales revenue of RMB 980 million, up 52% YoY, breaking into the large mining truck market.潍柴动力2023年年报显示：液压传动业务实现销售收入9.8亿元，同比增长52%，全面突破大型矿挖市场。
2024-05-16Weichai Power stated that its domestic hydraulic business revenue in Q1 2024 achieved a slight year-on-year increase.潍柴动力表示其国内液压业务2024年一季度收入同比实现小幅增长。
2024-08-27Weichai Power stated its hydraulic business (Linde Hydraulics) overseas market maintained steady development.潍柴动力表示液压业务（林德液压）海外市场保持稳健发展。
2025-10-20At the 2025 Global Partners Conference in Qingdao, launched new hydraulic brand 'LHY' (upgraded from Linde Hydraulic), targeting global hydraulic system leadership.在青岛全球合作伙伴大会上发布液压新品牌LHY（由林德液压升级），目标成为全球液压系统领导者。
Research institutes & subsidiaries研究院与子公司
9 · 2024-01-13 → 2026-05-06
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Establishment of research bases, laboratories, and subsidiary operations.研究基地、实验室和子公司运营的设立。
2024-01-13Weichai independently built National Quality Infrastructure Integrated Service Base (Internal Combustion Engine and Power System) selected as one of the first batch of national pilot projects by SAMR.潍柴独立承建的国家质量基础设施集成服务基地（内燃机与动力系统）入选国家市场监管总局首批试点项目名单。
2024-02-19Weichai Power visited Japan Denyu Co., Ltd. to discuss generator set business and big data engineering center cooperation, exploring investment feasibility in Weifang.潍柴动力访问日本电友株式会社，探讨发电机组成套业务和大数据工程中心合作，并研究在潍坊投资可行性。
2026-01-27Weichai issued a tender for M-series engine process development, machining, assembly, and testing transformation project including natural gas boosting devices.潍柴发布M系列发动机工艺开发加工、装试及试车改造项目（含天然气增压装置）招标公告。
2026-01-27Weichai issued a tender for Baudouin company's new gas engine test bench project survey.潍柴发布博杜安公司新增气体机试车台架项目勘察招标公告。
2026-01-28Weichai issued a tender for Baudouin company's 16/20M front-loading line bottleneck process automation transformation.潍柴发布博杜安公司16/20M前装线瓶颈工序自动化改造招标公告。
2026-01-28Weichai issued a tender for painting unit equipment.潍柴发布喷漆单元招标公告。
2026-02-26Weichai Power published a tender announcement for the Q1 bench renovation project of Weichai Heavy Machinery Company, with bid submission deadline March 1, 2026.潍柴动力发布潍柴重机公司Q1台架改造项目招标公告，报名截止日期为2026年3月1日。
2026-02-26Weichai Power published a tender announcement for the medium-frequency induction furnace overhaul project at Weichai Material Forming (Anqiu).潍柴动力发布潍柴材料成型（安丘）中频感应炉大修项目招标公告。
2026-05-06National Quality Standards Laboratory for Internal Combustion Engines and Power Systems, built by Weichai, selected into the first batch of the national list by SAMR.由潍柴重点建设的“内燃机与动力系统国家质量标准实验室”入选国家市场监督管理总局第一批国家质量标准实验室培育建设名单。
Strategic cooperation MoUs战略合作备忘录
5 · 2024-01-14 → 2026-04-20
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Signing of strategic cooperation agreements with domestic and international partners.与国内外合作伙伴签署战略合作协议。
2024-01-14Weichai Power signed strategic cooperation agreement with US-based EControls (natural gas engine electronic control system supplier) in Weifang; parties to collaborate on natural gas engine and large-bore engine technology, supporting Weichai's PSI subsidiary.潍柴动力与美国EControls公司（天然气发动机电控系统供应商）在潍坊签署战略合作协议，双方将在天然气发动机和大缸径发动机技术方面合作，支持潍柴旗下PSI公司。
2024-06-26Tan Xuguang, Chairman of Shandong Heavy Industry and Weichai Group, met with Baidu CEO Robin Li, reaching consensus on cooperation to explore large model applications in commercial vehicle smart manufacturing and intelligent driving.山东重工集团董事长谭旭光与百度CEO李彦宏会谈，双方达成合作共识，携手探索大模型在商用车智能制造、智能驾驶等领域的应用。
2025-03-12Weichai Power and Shantui Construction Machinery signed a strategic cooperation agreement on whole-machine intelligent core technology, focusing on customized intelligent control units for engineering machinery.潍柴动力与山推股份签署整机智能化核心技术战略合作协议，聚焦定制化工程机械专用智控单元。
2025-09-04Weichai Power confirmed cooperation with Huawei in industrial resource sharing, digital transformation, autonomous control, and innovative business exploration.潍柴动力确认与华为在产业资源共享、数字化转型、自主可控、创新型业务探索等领域开展合作。
2026-04-20Weichai New Energy Commercial Vehicle Co. signed a strategic cooperation agreement with Harbin Logistics Chamber of Commerce to accelerate new energy commercial vehicle adoption in Harbin logistics.潍柴新能源商用车有限公司与哈尔滨物流商会签署战略合作协议，加速新能源商用车在哈尔滨物流领域的普及应用。
ZO Motors / electric truck ODMZO Motors/电动卡车ODM
2 · 2024-01-16 → 2024-02-27
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Weichai New Energy acted as ODM for ZO Motors to manufacture electric trucks for global markets, including right-hand drive variants for Asia.潍柴新能源作为ZO Motors的ODM，为全球市场制造电动卡车，包括面向亚洲的右舵车型。
2024-01-16ZO Motors (subsidiary of Elephants Future Group) signed two strategic cooperation agreements with Weichai New Energy; Weichai New Energy to act as ODM base for ZO Motors to manufacture electric trucks for overseas markets (North/South America, Middle East, Asia).大象未来集团全资子公司ZO Motors与潍柴新能源签署两份战略合作协议，潍柴新能源作为ODM生产基地为ZO Motors制造电动卡车，销往北美、南美、中东及亚洲等海外市场。
2024-02-27ZO Motors (Elephant Future Group) and Weichai New Energy signed a joint development agreement for right-hand drive electric trucks targeting Japan, Malaysia, Indonesia, and Thailand.大象汽车（大象未来集团）与潍柴新能源订立联合开发协议，共同开发右驾电动卡车，目标市场为日本、马来西亚、印尼和泰国。
Subsidiaries & equity changes子公司与股权变动
7 · 2024-01-16 → 2026-06-16
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Establishment, transfer, capital injection, and stake changes in subsidiaries and related entities.子公司的设立、转让、注资及股权变更。
2024-01-16Weichai Power plans to transfer 62% state-owned equity in Shandong Five-Star Vehicle Co., Ltd. (three-wheeled motorcycle and EV manufacturer) via Shandong Property Rights Trading Center; the transfer will change control of the subsidiary.潍柴动力拟通过山东产权交易中心转让山东五星车辆股份有限公司62%国有股权，此次转让将导致五星车辆控股权变更。五星车辆主营三轮摩托车和电动车。
2024-04-28Weichai established a wholly-owned subsidiary, Weichai (Weifang) Power Equipment Co., Ltd., with registered capital of RMB 100 million, for generator set manufacturing and sales.潍柴全资设立潍柴（潍坊）电力设备成套有限公司，注册资本1亿元，从事发电机组制造与销售。
2024-11-11Weichai Power and related parties (Sinotruk HK, Shandong Heavy Industry, Weichai Heavy Machinery, Shantui, Fast) jointly increased the registered capital of Shandong Heavy Industry Group Finance Co. by 2.4 billion yuan, from 1.6 billion to 4 billion yuan; Weichai Power contributed 653.4 million yuan and partially waived preemptive rights.潍柴动力与关联方（重汽香港、山东重工、潍柴重机、山推股份、法士特）共同对山东重工集团财务有限公司增资24亿元，注册资本由16亿元增至40亿元；潍柴动力出资6.534亿元并放弃部分优先认缴权。
2025-07-02Weichai Heavy Machinery (000880) increased its 2025 related-party transaction caps with Weichai Power to RMB 2.8 billion in purchases and RMB 2.2 billion in sales, up from 2024 actuals of RMB 1.299 billion and RMB 1.187 billion.潍柴重机(000880)将2025年与潍柴动力的关联交易上限提高至采购28亿元、销售22亿元，较2024年实际发生额12.99亿元和11.87亿元显著增加。
2025-10-14Subsidiary Huzhou Yingcan Investment holds 367,957,139 shares of XCMG (徐工机械).子公司湖州盈灿投资持有徐工机械367,957,139股。
2026-03-12Weichai Power plans to inject RMB 412.3 million into its subsidiary Weichai New Energy Power Technology, with a total co-injection of RMB 589 million by related party Sinotruk Hydrogen Energy, to support the group's new energy vehicle strategy.潍柴动力拟向控股子公司潍柴新能源动力科技有限公司增资4.123亿元，关联方重汽氢动能共同增资共计5.89亿元，以支持集团新能源整车整机战略落地。
2026-06-16Weichai Holding Group listed its 4.6196% stake in Shandong Aoyang New Energy Technology Co., Ltd. for sale at a base price of about 132 million yuan.潍柴控股集团挂牌转让其持有的山东奥扬新能源科技股份有限公司4.6196%股权，转让底价约1.32亿元。
Baudouin generator sets博杜安发电机组
6 · 2024-01-19 → 2026-01-28
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Weichai Baudouin generator sets (6M33, 12M33, 16M33, 20M55) entered port crane, biogas, and Southeast Asian power station markets, with the 20M55 becoming the world's largest high-speed diesel generator.潍柴博杜安发电机组（6M33、12M33、16M33、20M55）进入港口起重机、沼气和东南亚电站市场，20M55成为全球最大高速柴油发电机组。
2024-01-19First batch of 12 units of 500 kW Weichai Baudouin 6M33 generator sets delivered to Shanghai port for cargo handling and container crane operations, marking Weichai's entry into port crane generator power market.首批12台500kW潍柴博杜安6M33发电产品交付上海港口，用于货物搬运和集装箱吊装等起重作业，标志着潍柴进军港口起重机械发电动力市场。
2024-02-29Weichai Baudouin 12M33 biogas generator set successfully ignited at a kitchen waste power project in Dazhou, Sichuan, with 800kW capacity, supplying power to grid.潍柴博杜安12M33沼气发电机组在四川达州餐厨垃圾发电项目成功点火运行，功率800kW，余电并入国家电网。
2024-04-10Weichai held a ceremony in Thailand for its 3MW 12M33 generator set at Sikao Island power station, which has run over 30,000 hours, and deepened cooperation with local partner Nam Seng.潍柴在泰国锡江岛电站为其3兆瓦12M33发电机组运行超3万小时举行仪式，并与当地合作伙伴南盛公司深化合作。
2024-10-09Weichai Baudouin gas generator sets (8×12M33, total 6.4MW) were commissioned and delivered for a Southeast Asian power station project running on LNG in island mode, marking a breakthrough for Weichai's large-bore power generation products.潍柴博杜安燃气发电机组（8台12M33，总装机6.4MW）在东南亚某电站项目完成调试交付，以LNG孤岛模式运行，实现潍柴大缸径发电产品新突破。
2024-12-07Weichai Power held the Energy & Power sub-forum of the 2025 Global Partner Conference; released the new Weichai Baudouin 20M55 diesel generator set.潍柴动力举办2025年全球合作伙伴大会能源电力分会，发布最新潍柴博杜安20M55柴油发电机组。
2026-01-288 units of Weichai Baudouin 16M33 generator sets were delivered to a mining company in Madagascar, Africa, providing 12MW continuous power support for mining operations.8台潍柴博杜安16M33发电机组交付非洲马达加斯加某矿业公司，提供12MW持续电源支持现场采矿业务。
Financial results & guidance财务业绩与展望
27 · 2024-01-23 → 2026-06-15
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Annual, quarterly, and half-year financial results, performance forecasts, and industry guidance.年度、季度和半年度财务业绩、业绩预告及行业展望。
2024-01-23Weichai Power issued 2023 annual performance forecast: net profit attributable to shareholders expected to be RMB 8.584-9.32 billion, up 75%-90% YoY; non-GAAP net profit RMB 7.39-8.21 billion, up 125%-150% YoY; driven by heavy-truck structural growth and strong product sales.潍柴动力发布2023年度业绩预告：预计归母净利润85.84亿元至93.2亿元，同比增长75%-90%；扣非净利润73.9亿元至82.1亿元，同比增长125%-150%；受益于重卡行业结构性成长机遇和产品销量高速增长。
2024-02-19Weichai Power expressed optimistic outlook for 2024 heavy truck industry, citing domestic economic recovery, high overseas demand, and logistics efficiency advantages.潍柴动力对2024年重卡行业持乐观预期，理由是国内经济复苏、海外需求高位和物流效率优势。
2024-02-20Weichai Power expects 2023 net profit of 8.58-9.32 billion yuan, up 75%-90% YoY; will focus on large-bore engine and natural gas heavy truck businesses in 2024.潍柴动力预计2023年净利润85.8-93.2亿元，同比增长75%-90%；2024年将重点发展大缸径发动机和天然气重卡业务。
2024-03-25Weichai Power reported 2023 annual results: revenue of RMB 213.958 billion, up 22.15% YoY; net profit attributable to shareholders of RMB 9.014 billion, up 83.77% YoY; basic EPS of RMB 1.04, up 84.54% YoY.潍柴动力发布2023年年报：营业收入2139.58亿元，同比增长22.15%；归母净利润90.14亿元，同比增长83.77%；基本每股收益1.04元，同比增长84.54%。
2024-03-25Weichai Power recorded an asset impairment provision that reduced 2023 net profit attributable to shareholders by approximately RMB 659 million.潍柴动力2023年计提资产减值准备减少归属于上市公司股东的净利润约6.59亿元。
2024-03-26Weichai Power guided 2024 revenue of approximately RMB 224.7-235.4 billion, representing growth of about 5%-10%.潍柴动力预计2024年销售收入约2247亿元-2354亿元，增长约5%-10%。
2024-04-29Weichai reported Q1 2024 revenue of RMB 56.38 billion (+5.5% YoY) and net profit of RMB 2.6 billion (+40.1% YoY), with heavy-duty truck engine sales of 84,000 units (+14.2%) and natural gas engine market share rising to 67.6%.潍柴2024年一季度营收563.8亿元（同比+5.5%），净利润26亿元（+40.1%）；重卡发动机销售8.4万台（+14.2%），天然气发动机市占率升至67.6%。
2024-07-14Weichai Power guided H1 2024 net profit of RMB 5.46-6.24 billion, up 40%-60% YoY, citing product mix optimization and cost reduction.潍柴动力预告2024年上半年净利润54.6-62.4亿元，同比增长40%-60%，因产品结构优化和降本增效。
2024-08-222024 H1 revenue reached RMB 112.49 billion, +5.99% YoY; net profit attributable to parent was RMB 5.903 billion, +51.41% YoY; engine sales 400,000 units, +9.8%; transmission sales 477,000 units, +12.1%.2024年上半年营收1124.9亿元，同比增长5.99%；归母净利润59.03亿元，同比增长51.41%；发动机销售40万台，同比增长9.8%；变速器销售47.7万台，同比增长12.1%。
2024-10-30Weichai Power reported Q3 2024 revenue of RMB 49.464 billion (-8.82% YoY) and net profit of RMB 2.498 billion (-4.00% YoY); 9M 2024 revenue of RMB 161.954 billion (+0.98% YoY) and net profit of RMB 8.401 billion (+29.23% YoY).潍柴动力发布2024年三季报：第三季度营收494.64亿元（同比-8.82%），净利润24.98亿元（同比-4.00%）；前三季度营收1619.54亿元（同比+0.98%），净利润84.01亿元（同比+29.23%）。
2024-12-05Weichai Power disclosed that net profit attributable to parent for first three quarters of 2024 was 8.401 billion yuan, up 29.23% YoY; Q3 single-quarter net profit 2.498 billion yuan, down 4.0% YoY; Q3 single-quarter net profit ex-items 2.231 billion yuan, up 10.0% YoY.潍柴动力披露2024年前三季度归母净利润84.01亿元，同比增长29.23%；三季度单季归母净利润24.98亿元，同比下降4.0%；三季度单季扣非净利润22.31亿元，同比增长10.0%。
2025-03-27Weichai Power released 2024 annual results: revenue of RMB 215.691 billion (+0.81% YoY), net profit of RMB 11.403 billion (+26.51% YoY). Proposed dividend of RMB 3.47 per 10 shares.潍柴动力发布2024年年报：营业收入2156.91亿元（同比+0.81%），归母净利润114.03亿元（同比+26.51%），拟每10股派现3.47元。
2025-03-28Weichai Power announced an asset impairment provision of approximately RMB 746 million, reducing 2024 net profit by the same amount.潍柴动力公告计提资产减值准备约7.46亿元，减少2024年归母净利润约7.46亿元。
2025-04-01Weichai Power guided 2025 heavy-truck industry sales to grow ~10% YoY, driven by China IV emission standard scrappage and replacement policy covering ~800k units of China IV heavy trucks.潍柴动力预计2025年重卡行业销量同比增长约10%，受国四排放标准货车报废更新政策推动，覆盖约80万辆国四重卡。
2025-04-01Weichai Power reported 2024 full-year revenue of 2156.91 billion yuan (+0.81% YoY) and net profit of 114.03 billion yuan (+26.51% YoY); engine sales 734k units, transmission 853k units.潍柴动力发布2024年年报：营业收入2156.91亿元（同比+0.81%），净利润114.03亿元（同比+26.51%）；销售发动机73.4万台，变速器85.3万台。
2025-04-29Weichai Power reported Q1 2025 revenue of 57.464 billion yuan (+1.92% YoY) and net profit of 2.711 billion yuan (+4.27% YoY); engine sales 217k units (+5% YoY); gross margin improved 0.6ppt to 22.2%.潍柴动力2025年一季度营收574.64亿元（同比+1.92%），净利润27.11亿元（同比+4.27%）；销售发动机21.7万台（同比+5%）；毛利率同比提升0.6个百分点至22.2%。
2025-08-29Weichai Power reported 2025 H1 revenue of RMB 113.152 billion (+0.59% YoY), net profit of RMB 5.643 billion (-4.4% YoY), EPS of RMB 0.65, and proposed interim dividend of RMB 3.58 per 10 shares (payout ratio 57%).潍柴动力2025年上半年营收1131.52亿元（同比+0.59%），净利润56.43亿元（同比-4.4%），每股收益0.65元，拟中期每10股派3.58元（分红率57%）。
2025-10-30Q3 2025 results: revenue RMB 57.419 billion (+16.08% YoY), net profit RMB 3.234 billion (+29.49% YoY); 9M revenue RMB 170.571 billion (+5.32%), net profit RMB 8.878 billion (+5.67%).2025年第三季度业绩：营收574.19亿元（同比+16.08%），净利润32.34亿元（同比+29.49%）；前三季度营收1705.71亿元（+5.32%），净利润88.78亿元（+5.67%）。
2025-10-309M 2025 engine sales: 536,000 units total; heavy-duty engine sales 188,000 units (diesel 117,000, natural gas 71,000). Q3 heavy-duty engine sales 63,000 units (up >60% QoQ), natural gas engine sales 29,000 units (up ~200% QoQ).2025年前三季度发动机销量53.6万台；重卡发动机销量18.8万台（柴油11.7万，天然气7.1万）。三季度重卡发动机销量6.3万台（环比+60%），天然气发动机2.9万台（环比+200%）。
2025-11-01Weichai Power reported Q3 2025 results: 9M revenue RMB 170.57B (+5.3% YoY), net profit RMB 8.88B (+5.7% YoY); Q3 single-quarter revenue RMB 57.42B (+16.1% YoY), net profit RMB 3.23B (+29.5% YoY), both record highs for the period.潍柴动力发布2025年三季报：前三季度营收1705.7亿元（同比+5.3%），净利润88.8亿元（同比+5.7%）；三季度单季营收574.2亿元（同比+16.1%），净利润32.3亿元（同比+29.5%），均创历史同期新高。
2026-03-26Weichai Power reported 2025 annual revenue of RMB 231.809 billion (+7.47% YoY) and net profit attributable to shareholders of RMB 10.931 billion (-4.15% YoY); proposed a cash dividend of RMB 3.74 per 10 shares.潍柴动力发布2025年年报：营业收入2318.09亿元（同比+7.47%），归母净利润109.31亿元（同比-4.15%）；拟每10股派发现金红利3.74元。
2026-03-27In 2025, Weichai Power's engine sales totaled 743,000 units (+1.3% YoY), including 75,000 units for export (+8% YoY); Fast gearbox sales reached 911,000 units (+7% YoY); Hande axle sales hit 1 million units (+25% YoY).2025年潍柴动力发动机累计销量74.3万台（同比+1.3%），其中出口7.5万台（同比+8%）；法士特变速箱销量91.1万台（同比+7%）；汉德车桥销量100万根（同比+25%）。
2026-04-03Weichai Power reported 2025 annual revenue of RMB 231.809 billion (+7.47% YoY), net profit attributable to parent of RMB 10.931 billion (-4.15% YoY), and Q4 net profit of RMB 2.053 billion (-31.62% YoY).潍柴动力2025年年报：营收2318.09亿元（同比+7.47%），归母净利润109.31亿元（同比-4.15%），四季度归母净利润20.53亿元（同比-31.62%）。
2026-04-04Weichai Power guided that 2026 heavy-truck industry will see stable growth; it will optimize product mix, boost market share, and accelerate data center product promotion and mining engine localization.潍柴动力预计2026年重卡行业稳定增长，将优化产品结构、提升市占率，加快数据中心产品推广和矿山发动机国产化替代。
2026-05-06Q1 2026 revenue 62.563 billion yuan, +8.87% YoY; net profit 3.085 billion yuan, +13.83% YoY; non-GAAP net profit 2.988 billion yuan, +20.25% YoY.2026年一季度营收625.63亿元，同比增长8.87%；归母净利润30.85亿元，同比增长13.83%；扣非净利润29.88亿元，同比增长20.25%。
2026-06-01Weichai Power released 2025 annual report: total revenue 231.809 billion yuan (+7.47% YoY), net profit attributable to parent 10.931 billion yuan (-4.15% YoY), proposed cash dividend of 3.74 yuan per 10 shares.潍柴动力发布2025年年报：营业总收入2318.09亿元（同比+7.47%），归母净利润109.31亿元（同比-4.15%），拟每10股派发现金红利3.74元。
2026-06-15Weichai Power stated that heavy truck engine sales rose steadily in May 2026; Jan-May industry sales reached 544,000 units (+23% YoY), with full-year growth expected.潍柴动力表示5月重卡发动机销量同比稳定提升；2026年1-5月重卡行业销量54.4万辆（同比+23%），预计全年保持增长。
Solid oxide fuel cell (SOFC)固体氧化物燃料电池（SOFC）
11 · 2024-01-31 → 2026-06-11
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Weichai licensed Ceres SOFC technology, launched commercial products, and is building capacity for stationary power in data centers and industrial parks.潍柴获得Ceres SOFC技术许可，推出商业产品，并正在建设用于数据中心和工业园区的固定式发电产能。
2024-01-31Weichai Power responded to investor query about Ceres Power tripartite JV agreement with Bosch; company stated cooperation is progressing according to strategic plans.潍柴动力回应投资者关于与锡里斯公司、博世集团三方合资协议可能无法实现的提问，表示相关合作正在按战略规划推动中。
2025-02-24Weichai Power is actively promoting batch commercial deployment of SOFC (solid oxide fuel cell) products, which are still in the commercial demonstration stage.潍柴动力正在积极推进SOFC（固体氧化物燃料电池）产品的批量商业化落地，该行业仍处于商业化示范阶段。
2025-09-03Weichai Power disclosed that its SOFC (solid oxide fuel cell) products have been deployed in demonstration projects: a 25kW system delivered to Shaanxi Gas Group (Nov 2024) and a 100kW system to SPIC (Dec 2024).潍柴动力披露其SOFC产品已实现示范项目配套：2024年11月25kW系统交付陕西燃气集团，2024年12月100kW系统交付国家电投集团。
2025-11-05Weichai Power signed a manufacturing license agreement with Ceres Power (Xilisi) for solid oxide fuel cell (SOFC) technology, planning to build cell and stack production lines for stationary power markets serving AI data centers, commercial buildings, and industrial parks.潍柴动力与参股公司希锂斯（Ceres Power）签订固体氧化物燃料电池（SOFC）制造许可协议，拟建立电池和电堆生产产线，产品用于AI数据中心、商业楼宇及工业园区等固定式发电市场。
2025-11-06Chunhui Instrument, a参股 company of Chunhui Smart Control (300943.SZ), reached cooperation with Weichai Power and achieved small-batch supply for SOFC-related components.春晖智控（300943.SZ）参股公司春晖仪表已与潍柴动力达成合作，并实现SOFC相关组件的小批量供货。
2025-12-18Weichai Power signed a battery stack technology license agreement with Ceres in November 2025, fully mastering core SOFC technologies including cells, stacks, systems, and power plants.潍柴动力于2025年11月与希锂斯签订电池电堆技术许可协议，全面掌握电池、电堆、系统及电站的SOFC核心技术。
2025-12-18Weichai Power launched a new-generation large-power metal-supported commercial SOFC product with improved efficiency, power density, and cycling capability, and reached cooperation intentions with multiple domestic and foreign leading companies.潍柴动力推出新一代大功率金属支撑商业化SOFC产品，在发电效率、功率密度等方面显著提升，并与国内外多家头部企业达成意向合作。
2026-01-21Weichai announced it has mastered core SOFC technologies (cell, stack, system, power station) and launched a new-generation high-power metal-supported commercial product, with意向 orders from multiple domestic and international leading companies.潍柴宣布已掌握SOFC电池、电堆、系统、电站的核心技术，推出新一代大功率金属支撑商业化产品，已与国内外多家头部企业达成意向合作。
2026-05-06Company is accelerating SOFC capacity construction, aiming to achieve batch production capacity within the year.公司正全力加速推进SOFC产能建设，致力于在年内实现批量产能落地。
2026-05-26Lead Intelligent (先导智能) disclosed that its subsidiary Hydrogen Lead Intelligence has formed a long-term cooperation with Weichai Power in SOFC/SOEC equipment.先导智能披露，旗下氢导智能已与潍柴动力在SOFC/SOEC装备领域形成长期合作。
2026-06-11Weichai Power announced that its SOFC power generation system has passed EU CE certification (40 tests) and is accelerating capacity construction, targeting mass production within 2026.潍柴动力宣布其SOFC发电系统已通过欧盟CE认证（40项测试），正加快推进产能建设，力争2026年内量产落地。
Aftermarket & global parts distribution售后市场与全球配件分销
3 · 2024-02-15 → 2025-07-26
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Weichai expanded its global parts distribution network and aftermarket service, targeting RMB 10 billion in aftermarket revenue by 2025, with over 6 million engines in service.潍柴扩展全球配件分销网络和售后服务，目标2025年售后市场收入达100亿元，在役发动机超600万台。
2024-02-15Chairman Tan Xuguang inspected Weichai Global Parts Distribution Center, emphasizing asset security, global efficient distribution, and aftermarket service value creation for 100 billion yuan product exports.董事长谭旭光调研潍柴全球配件分销中心，强调资产安全、全球化高效配送，并为1000亿元产品出口提升后市场服务价值创造。
2025-04-16Weichai Power's aftermarket service revenue hit a record high in 2024, targeting 10 billion yuan in 2025, up from 40 million yuan in 2005.潍柴动力后市场服务收入2024年创历史新高，2025年目标冲刺百亿元，而2005年仅4000万元。
2025-07-26Weichai Power held a 20-year aftermarket development summit, revealing that its engine aftermarket business achieved nearly 30% CAGR, with over 6 million engines in service globally, 5,000+ service stations, and 80+ central warehouses.潍柴动力举办后市场产业化发展20年交流盛会，披露发动机后市场业务实现近30%年均复合增长率，全球保有量超600万台，服务站超5000家，中心库超80家。
NG4.0 gas engine rolloutNG4.0燃气发动机推广
26 · 2024-02-19 → 2026-04-01
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Weichai launched and scaled its new-generation NG4.0 gas engine family (WP13NG, WP15NG, WP17NG, WP16NG) with record thermal efficiency, capturing dominant market share in natural gas heavy trucks.潍柴推出并规模化新一代NG4.0燃气发动机系列（WP13NG、WP15NG、WP17NG、WP16NG），热效率创纪录，在天然气重卡市场占据主导份额。
2024-02-19Weichai Power stated that in 2023 natural gas heavy truck sales exceeded 150,000 units with penetration over 20%, and sees further growth potential due to stable gas prices and infrastructure expansion.潍柴动力表示2023年天然气重卡销量突破15万辆，渗透率超过20%，并认为随着气价稳定和基础设施完善，市场有进一步增长空间。
2024-03-14Weichai Power delivered the first batch of 30 units of heavy trucks equipped with WP13NG natural gas engine to a bulk customer in Hengshui, with a total order of 100 units.潍柴动力向衡水大客户交付首批30辆搭载WP13NG燃气发动机的重卡，总订单100辆。
2024-03-26Weichai Power's 2023 annual report showed that its heavy-duty truck engine sales reached 306,000 units (up 96% YoY), with a natural gas heavy-duty truck engine market share of 65% (up 6 pct).潍柴动力2023年年报显示：重卡发动机销售30.6万台（同比增96%），天然气重卡发动机市占率65%（同比增6个百分点）。
2024-03-30Weichai Power confirmed it launched the world's first commercial natural gas engine with a本体 thermal efficiency of 54.16% in 2022.潍柴动力确认已于2022年发布全球首款本体热效率54.16%天然气发动机商业化产品。
2024-04-01Sinotruk delivered 60 Howo MAX gas express vehicles equipped with Weichai's customized natural gas engine and integrated powertrain calibration, achieving 11% power improvement.中国重汽交付60台豪沃MAX燃气快递车，搭载潍柴定制天然气发动机及一体化标定动力链，动力性提升11%。
2024-05-23Weichai Power launched three new-generation gas engines: WP13NG-4.0, WP15NG-4.0, and WP17NG-4.0 at a Shanghai event, claiming stronger power, lower gas consumption, higher efficiency, reliability, and comfort.潍柴动力在上海发布全新一代13L/15L/17L燃气动力新品（WP13NG-4.0、WP15NG-4.0、WP17NG-4.0），宣称更强劲、更节气、更高效、更可靠、更舒适。
2024-05-29Sinotruk (China National Heavy Duty Truck Group) became the first commercial vehicle OEM to adopt Weichai's NG4.0 gas engines, with integrated powertrain including S-AMT16 transmission and MCY axles.中国重汽成为全球首家搭载潍柴NG4.0燃气动力产品的商用车企业，配套一体化无极S动力链（含S-AMT16变速箱和MCY车桥）。
2024-06-13Weichai Power launched a new generation of 13L/15L/17L gas power products, leading industry transformation and upgrading.潍柴动力发布全新一代13L/15L/17L燃气动力产品，引领行业转型升级。
2024-06-27Weichai Power stated in a survey that natural gas supply is stable, infrastructure is relatively complete, and the oil-gas price gap is obvious, driving the gradual increase of natural gas heavy truck penetration.潍柴动力在调研中表示天然气供给充足，基础设施建设相对完善，油气价差明显，推动天然气重卡渗透率逐步提升。
2024-07-03Weichai Power released new-generation 13L/15L/17L gas engine products and maintained a 50% cash dividend ratio for 2023, totaling RMB 4.5 billion.潍柴动力发布全新一代13L/15L/17L燃气动力产品，2023年现金分红比例50%，总额45亿元。
2024-08-06Weichai Power's natural gas engine market share rose to 65.71% in Jan-Apr 2024, with sales of 47,100 units, up 137.86% YoY; full-year 2023 share was 64.66% (up from 57.39% in 2022).2024年1-4月潍柴动力天然气发动机市占率提升至65.71%，销量4.71万台，同比增长137.86%；2023年全年市占率64.66%（较2022年57.39%提升）。
2024-08-22H1 2024 heavy-duty truck engine sales ~161,000 units, market share 40.5%; natural gas heavy-duty truck engine market share 63.1%; Shaanxi Heavy Truck sales ~63,000 units, +3.6%, exports ~30,000 units, +15%.2024年上半年重卡发动机销售约16.1万台，市场份额40.5%；天然气重卡发动机市场份额63.1%；陕重汽重卡整车销售约6.3万辆，同比增长3.6%，出口约3万辆，同比增长15%。
2024-08-22H1 2024 natural gas heavy-duty truck engine sales ~73,000 units, +77% YoY; natural gas heavy-duty truck sales ~17,000 units, +134.3%.2024年上半年天然气重卡发动机销量约7.3万台，同比增长77%；天然气重卡销售约1.7万辆，同比增长134.3%。
2024-09-04Weichai Power expects the full-year 2024 heavy-duty truck industry to achieve stable year-on-year growth, driven by replacement demand and policy support, with natural gas truck penetration remaining high.潍柴动力预计2024年全年重卡行业将实现同比稳定增长，受置换需求和政策支持推动，天然气重卡渗透率有望维持高位。
2024-09-11Weichai Power launched its new-generation NG4.0 gas engines, including WP13NG-4.0 (540 hp, 2600 Nm torque) and WP15NG-4.0 (630 hp, 2800 Nm torque, B10 life of 1.8 million km), at events in Anhui, Shanxi, Jiangsu, Hebei, and Henan.潍柴动力在安徽、山西、江苏、河北、河南等地发布全新一代NG4.0燃气动力，包括WP13NG-4.0（540马力，2600牛米扭矩）和WP15NG-4.0（630马力，2800牛米扭矩，B10寿命180万公里）。
2024-10-12At the 2024 China International Internal Combustion Engine & Power Equipment Expo, Weichai exhibited multiple new products including NG4.0 gas engines (WP13NG-4.0, WP15NG-4.0), 110kW hydrogen fuel cell engine, and power battery products.在2024中国国际内燃机及动力装备博览会上，潍柴展出多款新品，包括NG4.0燃气发动机（WP13NG-4.0、WP15NG-4.0）、110kW氢燃料电池发动机和动力电池产品。
2024-12-03Weichai Power launched three new gas engine 4.0 products at the 2025 Global Partner Conference: WP3NNG, WP8NG, and WP16NG. WP16NG-4.0 has 15.7L displacement, 750Ps, 3400N·m, claimed as world's largest horsepower gas engine; reduces vehicle gas consumption by 6% vs previous generation.潍柴动力在2025年全球合作伙伴大会上发布三款燃气4.0新品：WP3NNG、WP8NG、WP16NG。WP16NG-4.0排量15.7L，750Ps、3400N·m，号称全球最大马力燃气发动机；整车气耗较上一代降低6%。
2024-12-26Weichai Power disclosed that natural gas heavy truck penetration rate remained high in 2024, with a 15-percentage-point increase to 40% in the first three quarters.潍柴动力披露，2024年天然气重卡渗透率维持高位，前三季度同比提升15个百分点至40%。
2025-02-25Weichai Power celebrated the rollout of its 800,000th gas engine and launched the new-generation WP16NG4.0 gas engine in Chengdu.潍柴动力在成都庆祝第80万台燃气动力下线，并发布全新一代WP16NG4.0燃气发动机。
2025-02-27Weichai Power disclosed that Jan 2025 China natural gas heavy truck sales grew 20.5% YoY; the company has 20+ years of gas engine experience and will continue to raise market share.潍柴动力披露2025年1月中国天然气重卡销量同比增长20.5%；公司深耕天然气发动机20余年，将持续提升市场份额。
2025-03-03Weichai Power launched multiple new natural gas engine products: WP16NG4.0 (6% lower gas consumption), WP13NG-4.0 (540 hp, 2600 Nm), WP8NG-4.0, and WP3NNG-4.0 for light trucks.潍柴动力推出多款天然气发动机新品：WP16NG4.0（气耗降低6%）、WP13NG-4.0（540马力，2600N·m）、WP8NG-4.0及面向蓝牌轻卡的WP3NNG-4.0。
2025-05-20Weichai stated in an investor call that in Q1 2025, China's natural gas heavy truck industry sold 47,000 units domestically (31% penetration rate). The 'trade-in' policy now covers natural gas heavy trucks (since March 18), boosting replacement demand. Weichai expects gas truck penetration to keep rising and leads in market share.潍柴在机构调研中表示，2025年一季度天然气重卡行业国内销售4.7万辆，渗透率31%。3月18日“以旧换新”政策补贴覆盖天然气重卡，将推涨换购需求。公司预计天然气重卡渗透率将持续走高，市占率保持领跑。
2025-09-02Weichai Power stated that H1 2025 natural-gas heavy-truck engine sales were affected by a 16% YoY decline in the industry (91,000 units sold); expects recovery from trade-in subsidy policies.潍柴动力表示2025年上半年天然气重卡发动机销量受行业同比下滑16%（销售9.1万辆）影响；预计以旧换新政策将带动复苏。
2025-10-14Provided details on LNG tank sizes for natural gas heavy trucks: 1000L, 1350L, 1500L; 1500L tank range approx. 1700 km under standard load.提供天然气重卡匹配的液化天然气气瓶容积型号：1000L、1350L、1500L；1500L气瓶标载续航约1700公里。
2025-10-28NG4.0 gas engine product saw strong demand since August, with multiple major orders in long-haul logistics and heavy transport; company also has hydrogen, ammonia, methanol engines in trial stage.NG4.0燃气动力产品8月以来需求强劲，在干线物流和大件运输领域获多个头部客户订单；氢、氨、甲醇发动机已进入试用阶段。
2026-04-01Weichai Power released NG 4.0 Pro series gas engines (13L/14L/15L/16L) with 'super strong, super fuel-efficient, super efficient' features, targeting the commercial vehicle gas power market.潍柴动力发布NG 4.0 Pro系列燃气发动机（13L/14L/15L/16L），以“超强、超省、超高效”技术优势，瞄准商用车燃气动力市场。
Other operational & market updates其他运营与市场动态
47 · 2024-02-21 → 2026-06-15
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Miscellaneous operational updates, market clarifications, and investor interactions.其他运营更新、市场澄清及投资者互动。
2024-02-21Weichai Holding blacklisted Zhongqing Jian'an Construction Group for material fraud, poor construction quality, and inflated quantities in a weak-current intelligent engineering project.潍柴控股将中青建安建设集团列入黑名单，因其在弱电智能化工程项目中存在材料造假、施工质量不合格和虚报工程量等问题。
2024-02-23Weichai Power stated it will accelerate profit release from strategic businesses: large-bore engines, smart logistics, and agricultural equipment, aiming for high-quality growth.潍柴动力表示将加速大缸径发动机、智慧物流和农业装备等战略业务的利润释放，致力于高质量稳健增长。
2024-03-05Weichai Power stated that it currently does not hold shares in Shengrui Transmission.潍柴动力表示目前不持有盛瑞传动股份。
2024-03-26Weichai Power held a seminar on the 20th anniversary of its listing, reviewing its development: revenue grew 33 times from RMB 6.2 billion in 2004 to RMB 214 billion in 2023; net profit grew 16 times; cumulative dividends exceeded RMB 28 billion.潍柴动力举办上市20年改革创新发展成果学术研讨会，回顾发展：营收从2004年62亿元增至2023年2140亿元，增长33倍；净利润增长16倍；累计分红超280亿元。
2024-03-26Weichai Power's 2023 annual report showed sales of 736,000 engines (up 28% YoY), 838,000 transmissions (up 42%), and 743,000 axles (up 39%).潍柴动力2023年年报显示：销售各类发动机73.6万台（同比增28%）、变速器83.8万台（同比增42%）、车桥74.3万根（同比增39%）。
2024-05-13Weichai Power explained that the sharp increase in interest expense in 2023 (33.6 billion yuan vs 14 billion in 2022) was mainly due to higher benchmark interest rates at overseas subsidiaries.潍柴动力解释2023年利息支出大幅上升（33.6亿 vs 2022年14亿）主要系海外子公司基准利率上调所致。
2024-05-14Weichai Power disclosed that in Q1 2024 its heavy-duty truck engine installation rate rose to 40.5%, and its natural gas heavy-duty truck engine market share rose to 68%.潍柴动力披露2024年一季度重卡发动机装机率提升至40.5%，天然气重卡发动机市占率提升至68%。
2024-05-29Weichai Power stated it produces and sells engines for pickup trucks but does not manufacture complete pickup trucks.潍柴动力表示公司生产销售皮卡用发动机产品，无皮卡整车业务。
2024-06-18Weichai Power won bids for two sub-packages of China Telecom's 2024-2026 medium and small capacity fixed diesel generator set procurement, with average bid prices of approximately RMB 252.22 million and RMB 249.94 million respectively.潍柴动力中标中国电信2024-2026年中小容量固定式柴油发电机组集采两个标包，平均中标价分别约为25222万元和24994万元。
2024-07-05Board approved a proposal for overseas subsidiary Weichai Power Holding S.à r.l. to conduct derivatives trading.董事会审议通过境外全资子公司Weichai Power Holding S.à r.l.开展衍生品交易业务的议案。
2024-07-12Three Weichai employees (Gan Yangyang, Peng Leyun, Zhi Yuncai) were named 2023 Qilu Chief Technicians, bringing the total to 22.潍柴员工甘洋洋、彭乐云、支运才3人入选2023年度齐鲁首席技师，累计22人。
2024-08-07Weichai Power confirmed it sells powertrain and related products to Yaxing Coach (亚星客车).潍柴动力确认向亚星客车销售动力总成等相关产品。
2024-08-22Hong Kong office address changed to 168-200 Connaught Road Central, China Merchants Tower, Shun Tak Centre, effective August 22, 2024.香港办公地址自2024年8月22日起变更为香港干诺道中168-200号信德中心招商局大厦。
2024-09-17Weichai Power and its subsidiaries (Shaanxi Heavy Truck, Fast, Hande Axle, Yaxing Bus) exhibited at IAA Transportation 2024 in Hanover, showcasing EU7-compliant 53% thermal efficiency diesel engine, WP14T hybrid, WP15 flexible fuel platform, and 300kW hydrogen fuel cell system.潍柴动力及旗下陕西重汽、法士特、汉德车桥、亚星客车在德国汉诺威国际商用车展展出满足欧Ⅶ标准的53%热效率柴油机、WP14T混动总成、WP15灵活燃料平台及300kW氢燃料电池系统。
2025-01-20Weichai Power disclosed that its 2024 annual report is scheduled for release on March 28, 2025.潍柴动力披露2024年年报预约披露日期为2025年3月28日。
2025-02-14Weichai Power's driver-assistance technology has achieved batch deployment in heavy trucks; it will continue advancing assisted and autonomous driving applications.潍柴动力的辅助驾驶技术已实现重卡产品批量配套，未来将持续推进辅助驾驶及自动驾驶技术应用。
2025-02-24Weichai Power stated it does not have ball screw production capacity and will monitor robotics market developments for future strategy.潍柴动力表示不具备丝杠产能，将持续关注机器人行业动态及市场需求以规划未来发展。
2025-02-25Weichai Power established the W-TCO Club to provide full-lifecycle service solutions for gas engine customers.潍柴动力成立W-TCO俱乐部，为燃气动力客户提供全生命周期服务解决方案。
2025-02-27Weichai Power stated its power generation products are selling at full capacity; production scheduling is flexibly adjusted per orders, and capacity expansion is scientifically planned based on market demand and strategy.潍柴动力表示发电用产品产销饱满，排产根据订单灵活调整，产能建设根据市场需求和战略科学规划。
2025-02-27Weichai Power hosted 11 institutional investors (Goldman Sachs, Fidelity, Temasek, Capital Group, CIC, etc.) on Feb 26; discussed natural gas heavy truck engine leadership and M-series large-bore engine for data centers.潍柴动力于2月26日接待高盛、富达、淡马锡、资本集团、中投等11家机构调研，讨论天然气重卡发动机领先地位及数据中心用M系列大缸径发动机。
2025-07-02Weichai Power board approved using up to RMB 450 billion of idle raised funds for cash management (principal-guaranteed structured deposits) for up to 12 months.潍柴动力董事会批准使用不超过45亿元闲置募集资金进行现金管理（保本型结构性存款），期限不超过12个月。
2025-07-02Weichai Power board approved using up to RMB 8 billion of idle self-owned funds for principal-guaranteed entrusted wealth management.潍柴动力董事会批准使用不超过80亿元闲置自有资金开展保本型委托理财业务。
2025-07-10Weichai Group ranked 2nd in '2025 China Auto Supply Chain Top 100' and 9th in '2025 Global Auto Supply Chain Top 100', with 2024 supply chain revenue of RMB 240.642 billion.潍柴集团位列“2025中国汽车供应链百强”第2名、“2025全球汽车供应链百强”第9名，2024年供应链板块营业收入2406.42亿元。
2025-07-18Weichai Power disclosed that H1 2025 China heavy-truck market sales were about 539,000 units, up 7% YoY, with exports of about 156,000 units, up 3% YoY; June sales were 98,200 units, up 37% YoY and 10% MoM.潍柴动力披露2025年上半年中国重卡市场累计销量约53.9万辆，同比增长7%，出口约15.6万辆，同比增长3%；6月销售9.82万辆，同比增长37%，环比增长10%。
2025-08-04Weichai's Material Forming Manufacturing Center (Molding Line 2) and No.1 Plant Assembly Line received 'Five-Star' on-site management certification from China Quality Association.潍柴材料成型制造中心造型二线和一号工厂成套线获得中国质量协会颁发的“五星级”现场管理评价证书。
2025-08-26Weichai stated it is carrying out autonomous driving technology layout and applications in vehicle and component sectors in an orderly manner.潍柴表示正有序开展整车整机、零部件等领域的无人驾驶相关技术布局和应用。
2025-10-14Confirmed that Sinotruk (中国重汽) and Foton Motor (福田汽车) are customers for heavy-duty diesel engines.确认中国重汽和福田汽车是公司重卡柴油发动机客户。
2025-10-14Stated that most engine parts are supplied domestically, with a dual supply chain for key components to ensure supply chain security.表示发动机绝大多数零部件为国内供应，关键零部件实行国内+国外双供应链路线以保障供应链安全。
2025-10-24At the Global Partners Conference, reported Q1-Q3 2025 revenue up 6% YoY, engine export revenue up 30% YoY.在全球合作伙伴大会上披露2025年前三季度营收同比增长6%，发动机出口收入同比增长30%。
2025-10-31Confirmed no current cooperation with Bosch in power battery field.确认目前与博世在动力电池领域没有合作。
2025-10-31Stated no current plan to enter gasoline engine business.表示目前暂未计划涉足汽油发动机领域。
2025-11-01Weichai Power board approved using自有资金 to pay part of募投项目 expenses and then replace with raised funds, due to difficulties in directly paying for overseas equipment purchases in foreign currency.潍柴动力董事会批准使用自有资金支付募投项目部分款项并以募集资金等额置换，原因为境外采购设备需以外币结算，无法通过募集资金账户直接支付。
2025-11-05Weichai Power participated in the 8th China International Import Expo (CIIE) with seven overseas brands: Ferretti (Italy), Baudouin (France), Linde MH (Germany), Dematic (USA), LHY (Germany), Ballard (Canada), and Oechsler (Germany), covering marine, smart logistics, and new energy powertrains.潍柴动力参加第八届中国国际进口博览会，携七大海外品牌（意大利法拉帝、法国博杜安、德国林德物料搬运、美国德马泰克、德国LHY、加拿大巴拉德、德国欧德思）亮相，覆盖高端海洋装备、智慧物流、新能源动力三大产业链。
2025-11-21Weichai's subsidiaries Baudouin (France), LHY (Germany), Oechsler (Germany), VDS (Austria), and Zhuzhou Gear exhibited multiple products at the 2025 Hanover International Agricultural Machinery Exhibition (AGRITECHNICA), showcasing powertrains and hydraulic solutions for tractors and harvesters meeting Euro V standards.潍柴旗下法国博杜安、德国LHY液压传动、德国欧德思、奥地利威迪斯、株齿在2025年德国汉诺威国际农机展上展出多款产品，包括满足欧V排放的动力总成和液压传动方案，配套拖拉机、收获机等。
2025-11-24The national 2025 high-end power internal combustion engine assembly and testing worker skills competition, co-organized by Shandong Federation of Trade Unions and others, was held at Weichai; 13 Weichai employees won awards, including 3 first prizes.全国2025年高端动力内燃机装试工职业技能竞赛在潍柴举行，潍柴集团旗下13名参赛选手获奖，其中一等奖3人。
2025-11-26Weichai Power stated in an investor interaction that it has no gas turbine business, and its power generation products can be exported to high-end markets such as the US and Europe; revenue figures are non-public information.潍柴动力在互动平台表示，公司没有燃气轮机业务，发电产品可出口至美国、欧洲等高端市场，收入体量为非公开信息。
2025-12-09Weichai Power stated that its hydrogen energy and engine products are not used in the aerospace field.潍柴动力表示其氢能源和发动机产品未应用于航空航天领域。
2025-12-23Weichai Power confirmed that its large-bore engine shipments are primarily diesel engines.潍柴动力确认其大缸径发动机出货以柴油机为主。
2025-12-29Weichai Power's subsidiary Shaanxi Heavy Duty Truck has achieved L4-level combined driving assistance technology in closed areas and entered commercialization; the company is conducting solid-state battery mass production planning.潍柴动力旗下陕重汽重卡已实现封闭区域L4级组合驾驶辅助技术并进入商业化阶段；公司正开展固态电池量产规划。
2026-01-29Weichai partnered with Haosen Intelligent to deploy embodied intelligent robot systems for piston pin feeding on production lines, achieving pick-and-place accuracy ±1mm, 99% accuracy, and 500+ hours of pilot training.潍柴与豪森智能合作，将具身智能机器人系统应用于活塞销上料方案，实现取放精度±1mm，准确度99%，已完成500小时+中试训练。
2026-02-26Weichai Power's 'Three Highs' (high temperature, high altitude, high cold) test team is conducting winter trials in Hailar at -40°C.潍柴动力‘三高’试验队在-40°C的海拉尔进行冬季试验。
2026-02-28Weichai Power stated that it and Weichai Heavy Machinery have no horizontal competition or potential competition; their businesses and products are clearly differentiated.潍柴动力表示与潍柴重机不存在同业竞争或潜在竞争，双方业务、产品有明确区分。
2026-03-17Weichai Power stated on the investor platform that it does not produce gas turbines or commercial aerospace products; its power energy business uses diesel, natural gas engines, and SOFC for backup and main power solutions.潍柴动力在互动平台表示，公司没有燃气轮机和商业航天业务；电力能源业务以柴油发动机、天然气发动机和SOFC等产品提供备用电源和主电源解决方案。
2026-03-26Weichai Power disclosed a plan to conduct foreign exchange derivatives trading (forwards, options, swaps) with notional amounts up to USD 500 million, EUR 60 million, and RMB 400 million to hedge currency risks.潍柴动力披露开展外汇衍生品交易计划，名义金额不超过5亿美元、0.6亿欧元和4亿元人民币，用于对冲汇率波动风险。
2026-04-09UBS downgraded Weichai Power A-share rating to 'Neutral' with a target price of RMB 27.10.瑞银将潍柴动力A股评级下调至“中性”，目标价27.10元人民币。
2026-04-29Weichai Power approved a change in use of raised funds: reducing investment in 'Full-series Hydraulic Powertrain and Large CVT Powertrain Industrialization Project' to increase investment in 'Large-bore High-end Engine Construction Project' and permanently supplement working capital.潍柴动力审议通过变更募集资金用途：调减“全系列液压动力总成和大型CVT动力总成产业化项目”投入，调增“大缸径高端发动机建设项目”投入及永久补充流动资金。
2026-06-15Weichai Power is accelerating the launch of next-generation natural gas power generation products and further capacity expansion to meet global demand.潍柴动力正加快新一代天然气发电产品推向市场及进一步产能扩张，以满足全球需求。
Hydrogen fuel cell system氢燃料电池系统
10 · 2024-03-05 → 2026-05-30
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Weichai deployed full-chain hydrogen fuel cell technology from materials to 300kW systems, achieving batch sales in heavy trucks and buses.潍柴部署了从材料到300kW系统的全链条氢燃料电池技术，在重卡和客车上实现批量销售。
2024-03-05Weichai Power stated that it has carried out R&D, production and sales of hydrogen fuel cell systems, fully deployed key core components of fuel cells, and related products have been put into the market in batches.潍柴动力表示已开展氢燃料电池系统的研发、生产和销售，全面布局燃料电池关键核心零部件，相关产品已批量投放市场。
2024-06-28Weichai Power responded that the hydrogen energy highway project in Guangdong is expected to positively impact the hydrogen energy industry, and the company will seize related opportunities.潍柴动力回应广东省氢能高速项目预计对氢能产业产生积极影响，公司将抢抓相关机遇。
2024-08-27Weichai Power disclosed it develops, produces, and sells hydrogen fuel cell systems, with full layout of key core components; system power upgraded to 300kW for highway logistics; subsidiary Shaanxi Heavy Truck has completed product layout in key hydrogen demonstration zones, with hydrogen fuel cell heavy truck sales among the top in the industry.潍柴动力披露已开展氢燃料电池系统的研发、生产和销售，全面布局关键核心零部件；面向高速干线物流场景系统功率提升至300kW；子公司陕重汽在氢能全产业链运营重点区域完成产品布局，氢燃料电池重卡销售位居行业前列。
2024-09-30Weichai Power stated that it supplies hydrogen fuel cell engine products to OEMs including China National Heavy Duty Truck Group (CNHTC) and Shaanxi Heavy Duty Truck (Shaanqi).潍柴动力表示，其向中国重汽、陕重汽等整车厂配套氢燃料电池发动机产品。
2025-01-06Weichai Power confirmed that Shaanxi Heavy Duty Truck and Sinotruk are key customers for its hydrogen fuel cell products; it is developing high-power fuel cells for highway logistics, achieving full power coverage for heavy trucks.潍柴动力确认陕重汽和中国重汽是其氢燃料电池产品的重要客户；正面向高速干线物流开发大功率燃料电池，实现重卡功率全覆盖。
2025-03-10Weichai Power stated its fuel cell system power has been upgraded to 300kW for highway logistics, and its subsidiary Shaanxi Heavy Duty Truck has deployed hydrogen fuel cell heavy trucks, with sales ranking among the top in the industry.潍柴动力表示其燃料电池系统功率已提升至300kW，用于高速干线物流；子公司陕重汽已完成氢燃料电池重卡布局，销量位居行业前列。
2025-09-10Weichai Power stated its hydrogen fuel cell products have been mass-marketed, with fuel cell engine power covering 13-300kW; a 300kW system for long-haul heavy trucks was developed.潍柴动力表示其氢燃料电池产品已批量投放市场，燃料电池发动机功率覆盖13-300kW；开发了300kW系统用于长途干线重卡。
2025-11-17Weichai Power stated in an investor interaction that it continues to expand new energy, high-end agricultural equipment, and power generation businesses; in hydrogen fuel cells, it has fully deployed the full industry chain from basic materials to stacks and engines, with products already batch-launched.潍柴动力在互动平台表示，将继续发展壮大新能源、高端农业装备、发电等战新业务；在氢燃料电池方面已全面布局基础材料、关键组件、电堆、发动机全产业链，相关产品已批量投放市场。
2026-04-03Weichai Power stated that its hydrogen fuel cell system covers 50-300kW power range and has achieved batch sales in buses, cold-chain logistics, and long-haul heavy trucks.潍柴动力表示，其氢燃料电池系统功率覆盖50-300kW全系列，已在公交、冷链物流、长途牵引重卡上实现批量配套销售。
2026-05-30Weichai Power showcased SOFC power generation system, new energy three-electric system, and hydrogen fuel cell products at the 2026 Tibet Linzhi Engineering Construction Expo, targeting plateau green construction.潍柴动力在2026西藏·林芝工程建设博览会展出SOFC发电系统、新能源三电系统、氢燃料电池等产品，面向高原绿色建设。
Intellectual property & trademark lawsuits知识产权与商标诉讼
13 · 2024-03-12 → 2026-04-10
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Weichai Power filed and won multiple trademark infringement lawsuits against unauthorized dealers and parts sellers, while also facing a few contract and reputation disputes.潍柴动力对多家侵权经销商和配件商提起并赢得商标侵权诉讼，同时也面临少量合同和名誉权纠纷。
2024-03-12Weichai Power's lawsuit with Fengcheng Dongfang Turbocharger Manufacturing Co., Ltd. over a contract dispute was withdrawn by the plaintiff on March 12, 2024.潍柴动力与凤城市东方增压器制造有限责任公司的合同纠纷案于2024年3月12日由原告撤诉。
2024-05-25A consumer complaint against Weichai Power regarding an engine purchase was filed on May 22, 2024; no settlement was reached on May 24.2024年5月22日新增一件关于发动机购买的消费者投诉，5月24日未达成调解协议。
2024-06-14Weichai Power was sued by Fengcheng Dongfang Supercharger Manufacturing Co., Ltd. for reputation rights dispute, case filed at Fengcheng People's Court on June 14, 2024.潍柴动力被凤城市东方增压器制造有限责任公司以名誉权纠纷起诉，案件于2024年6月14日在凤城市人民法院立案。
2024-10-23A trademark infringement lawsuit filed by Weichai Power against Danzhou Baimajing XX Heavy Machinery Products Sales Department was withdrawn by the plaintiff (Weichai) per court ruling (case no. (2023) Qiong 9003 Min Chu 12553).潍柴动力诉儋州白马井XX重机产品销售部侵害商标权纠纷一案，原告潍柴撤回起诉（案号（2023）琼9003民初12553号）。
2024-12-11Weichai Power filed a trademark ownership dispute lawsuit against Pingqiao District a certain auto parts center; the case was withdrawn by the plaintiff (Weichai Power) according to a civil first-instance ruling by Luoshan County People's Court, Henan, dated March 11, 2024.潍柴动力作为原告的商标权权属纠纷案，河南省罗山县人民法院于2024年3月11日裁定按原告撤回起诉处理，被告为平桥区某汽配中心。
2025-01-02Weichai Power won a trademark infringement lawsuit; the court ordered Linqing City a certain auto parts company to pay 50,000 yuan in damages and legal costs.潍柴动力赢得侵害商标权纠纷诉讼；法院判决临清市某汽车配件有限公司赔偿经济损失及维权费用共计5万元。
2025-01-23A civil lawsuit for sales contract dispute against Weichai Power was withdrawn by the plaintiff (a smart industry company) as per court ruling.一起以潍柴动力为被告的买卖合同纠纷案，原告某智能工业股份有限公司撤回起诉。
2025-04-28Weichai Power won a trademark infringement lawsuit against four companies (Suzhou Xiangcui, Jinan Donghetonghua, Wuxi Sijie Gonggui, Shandong Xinquanhui), awarded 30,000 yuan in damages; defendants ordered to stop selling infringing products.潍柴动力在侵害商标权纠纷案中胜诉，四被告（苏州湘翠、济南东和通华、无锡思杰共轨、山东鑫汇泉）被判停止侵权并赔偿3万元。
2025-05-13Weichai was involved in a trademark infringement lawsuit filed by Beijing Zhongxin Yijia Technology Co., Ltd. and Hu, heard by the Liaoning High People's Court (Case No. (2025) Liao Min Zhong No. 449).潍柴动力涉及一起侵害商标权纠纷诉讼，上诉人为北京众信亿佳科技有限公司及胡某某，由辽宁省高级人民法院审理（案号：(2025)辽民终449号）。
2025-07-20Weichai Power won a trademark infringement lawsuit against Xi'an a certain dealership, which was ordered to stop infringement and pay damages (amount redacted).潍柴动力在一起侵害商标权纠纷案中胜诉，被告西安市某经销部被判停止侵权并赔偿经济损失（金额未公开）。
2025-08-30Weichai Power was sued by Nanjing Borui Power Equipment Co., Ltd. for a contract dispute at Nanjing Jiangbei New Area People's Court (case No. (2025) Su 0192 Min Chu 12497).潍柴动力因买卖合同纠纷被南京博锐动力设备有限公司起诉至南京江北新区人民法院（案号：(2025)苏0192民初12497号）。
2026-02-26A consumer complaint was filed against Weichai Power on the national 12315 platform regarding a passenger vehicle purchase; the company refused mediation.潍柴动力新增1件消费者投诉公示，涉及普通乘用车购买问题，公司拒绝调解。
2026-04-10Weichai Power filed a trademark infringement lawsuit against Xingxian Shanqi Weichai Maintenance Service, with a court hearing scheduled for May 26, 2026 at Fenyang People's Court.潍柴动力对兴县陕汽潍柴维修服务部提起侵害商标权纠纷诉讼，开庭日期为2026年5月26日，审理法院为汾阳市人民法院。
Dividend & shareholder return policy分红与股东回报政策
16 · 2024-03-25 → 2026-05-19
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Weichai Power progressively raised its dividend payout ratio to 55-57%, with cumulative dividends exceeding RMB 42 billion, and executed a share buyback program.潍柴动力逐步将分红比例提高至55-57%，累计分红超420亿元，并执行了股份回购计划。
2024-03-25Weichai Power announced a 2023 annual profit distribution plan: a cash dividend of RMB 2.93 per 10 shares, totaling RMB 1.988 billion, with no bonus shares or capital reserve increase.潍柴动力公布2023年年度权益分配预案：每10股派发现金红利人民币2.93元，合计派发19.88亿元，不送红股，不进行资本公积转增股本。
2024-03-26Weichai Power disclosed that its 2023 full-year cash dividend ratio was raised to 50%, with total dividends of about RMB 3.942 billion for the year (including interim dividend).潍柴动力披露2023年全年现金分红比例提升至50%，全年现金分红总额约39.42亿元（含中期分红）。
2024-05-28Weichai Power stated it maintains a dividend frequency of twice per year and a high payout ratio; its 2023 cash dividend ratio was 50%, with total cash dividends of 4.5 billion yuan.潍柴动力表示保持每年两次分红频次和高分红比例，2023年现金分红比例达50%，全年现金分红金额45亿元。
2024-06-06Weichai Power disclosed that its 2023 cash dividend ratio reached 50%, with total cash dividends of RMB 4.5 billion, and maintained a high dividend policy.潍柴动力披露2023年现金分红比例达50%，全年现金分红金额45亿元，保持高比例分红政策。
2024-06-20Weichai Power announced the implementation of the 2023 annual A-share dividend, distributing RMB 2.93 (tax included) per 10 shares, with the record date on June 27.潍柴动力公告实施2023年度A股分红派息，每10股派发现金红利人民币2.93元（含税），股权登记日为6月27日。
2024-08-222024 interim dividend: RMB 3.72 per 10 shares (total RMB 2.52 billion), with a payout ratio raised to 55%.2024年中期分红：每10股派发现金红利3.72元（合计25.20亿元），分红比例提升至55%。
2024-09-10Weichai Power raised its 2024 interim cash dividend payout ratio to 55%, a record high since 2017.潍柴动力将2024年中期现金分红比例提升至55%，创2017年以来新高。
2024-10-10Weichai Power announced a 2024 interim cash dividend of RMB 3.72 per 10 shares (total RMB 2.52 billion), with record date Oct 17 and ex-dividend date Oct 18.潍柴动力宣布2024年中期现金分红每10股派3.72元（合计25.20亿元），股权登记日10月17日，除权除息日10月18日。
2024-11-07Weichai Power disclosed that its 2024 interim cash dividend ratio was raised to 55%, and total cash dividends since listing have reached nearly 32 billion yuan.潍柴动力披露将2024年中期现金分红比例提升至55%，上市以来现金分红总额近320亿元。
2024-12-04Weichai Power disclosed in an investor relations activity record that its 2024 interim cash dividend payout ratio was raised to 55%; cumulative cash dividends since listing reached nearly 32 billion yuan.潍柴动力在投资者关系活动记录中披露，2024年中期现金分红比例提升至55%，上市以来累计现金分红总额近320亿元。
2025-02-28Weichai Power's 2024 interim cash dividend payout ratio was raised to 55%; cumulative cash dividends since listing approach RMB 32 billion.潍柴动力2024年中期现金分红比例提升至55%，上市以来累计现金分红接近320亿元。
2025-07-18Weichai Power stated its 2024 dividend payout ratio reached 55%, cumulative dividends nearly RMB 35 billion, and it plans a 2025 A-share buyback of RMB 500 million to RMB 1 billion.潍柴动力表示2024年分红派息比例达55%，累计分红近350亿元，并计划2025年推出5-10亿元A股回购计划。
2025-10-17Announced 2025 interim dividend: RMB 3.58 per 10 shares (tax incl.), total A-share cash dividend RMB 2.406 billion, record date Oct 23, ex-dividend date Oct 24.公告2025年中期分红：每10股派3.58元（含税），A股现金分红总额24.06亿元，股权登记日10月23日，除权除息日10月24日。
2025-11-25Weichai Power stated in an investor survey that it actively uses cash dividends and share buybacks to reward shareholders; the 2025 interim dividend was raised to 57%, and total cash dividends since 2021 have exceeded RMB 19B.潍柴动力在投资者调研中表示，积极通过现金分红、股份回购等方式回报股东；2025年中期分红提升至57%，自2021年以来现金分红总额超190亿元。
2026-04-04Weichai Power stated that its 2025 cash dividend (including buybacks) accounted for 65% of full-year net profit; cumulative dividends since listing reached RMB 42 billion.潍柴动力表示2025年现金分红（含回购）占全年归母净利润65%，上市以来累计分红420亿元。
2026-05-19Share buyback plan completed: total 50.2525 million A-shares repurchased for 761 million yuan, all to be cancelled to reduce registered capital.回购股份方案实施完毕：累计回购A股5025.25万股，支付7.61亿元，全部用于注销并减少注册资本。
Executive & governance高管与公司治理
14 · 2024-03-25 → 2026-04-03
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Board meetings, shareholder meetings, articles amendments, share repurchases, and governance changes.董事会会议、股东大会、章程修订、股份回购及治理变更。
2024-03-25Weichai Power announced that its 2023 annual performance briefing will be held on March 29, 2024, via online remote conference, attended by Chairman Tan Xuguang and other executives.潍柴动力公告2023年年度业绩说明会定于2024年3月29日以网络远程方式举行，董事长谭旭光等出席。
2024-04-23Weichai's board approved amendments to the company's articles of association at an extraordinary board meeting on April 23, 2024.潍柴董事会于2024年4月23日审议通过修订公司章程的议案。
2024-06-05Weichai Power announced the convening of the first extraordinary general meeting of 2024 on June 28 to review amendments to the company's articles of association and shareholder meeting rules.潍柴动力公告将于2024年6月28日召开2024年第一次临时股东大会，审议修订公司章程及股东大会议事规则的议案。
2025-01-10Weichai Power's board approved the repurchase and cancellation of 300,000 A-shares restricted stock from one former incentive plan participant due to job transfer.潍柴动力董事会批准回购注销1名因工作调动离职的原激励对象持有的30万股A股限制性股票。
2025-02-10Weichai Power resolved to repurchase and cancel 1,890,000 A-share restricted shares from 9 former incentive recipients and 8,995,525 treasury shares, reducing registered capital from RMB 8.7266 billion to RMB 8.7157 billion.潍柴动力决议回购注销9名原激励对象持有的1,890,000股A股限制性股票及8,995,525股库存股，注册资本从87.266亿元减少至87.157亿元。
2025-07-02Weichai Power board approved adjusting the repurchase price of its 2023 A-share restricted stock incentive plan.潍柴动力董事会审议通过调整2023年A股限制性股票激励计划回购价格的议案。
2025-07-02Weichai Power board approved repurchasing and canceling some A-share restricted shares, triggering a creditor notification period of 45 days.潍柴动力董事会批准回购注销部分A股限制性股票，启动45天债权人通知期。
2025-08-08Weichai Power's 6th interim board meeting in 2025 approved the proposal to repurchase and cancel some A-share restricted shares.潍柴动力2025年第六次董事会临时会议审议通过《关于回购注销部分A股限制性股票的议案》。
2025-12-25Controlling shareholder Shandong Heavy Industry proposed to extend the term of its commitment to avoid同业竞争 (horizontal competition) with China National Heavy Duty Truck Group by another 5 years.实际控制人山东重工拟将其避免与中国重汽集团同业竞争的承诺履行期限延期5年。
2026-01-05Actual controller Shandong Heavy Industry proposed to extend the deadline for fulfilling its promise to resolve horizontal competition with China National Heavy Duty Truck Group by 5 years.实控人山东重工拟将解决与中国重汽集团同业竞争问题的相关承诺履行期限延期5年。
2026-02-27Weichai Power held a party committee meeting to review 2025 grassroots party building work and set 2026 development goals focusing on layout, market expansion, innovation, and transformation.潍柴动力党委召开扩大会议，听取2025年度党建工作述职，围绕2026年发展目标部署优布局、拓市场、抓创新、促转型。
2026-03-16Weichai Power repurchased and cancelled 1,184,200 restricted A-shares at RMB 4.894 per share, totaling RMB 5.8 million, reducing total issued A-shares to 6,769,357,096.潍柴动力以每股4.894元回购并注销118.42万股限制性A股，总金额约580万元，完成后已发行A股总数减少至6,769,357,096股。
2026-03-26Director Yuan Hongming expressed dissent on the disclosure content regarding the transfer of Shaanxi Automobile Group's heavy-duty truck production and sales qualification commitments.董事袁宏明对陕汽集团重型汽车整车生产销售资质转移承诺的披露内容持异议。
2026-04-03Weichai Power held its 2025 annual performance briefing on April 2, 2026, attended by Chairman Ma Changhai and GM Wang Decheng, discussing market value management and future strategy.潍柴动力于2026年4月2日举办2025年度业绩说明会，董事长马常海、总经理王德成等出席，讨论市值管理及未来战略。
Weichai Lovol intelligent agriculture潍柴雷沃智慧农业
10 · 2024-03-26 → 2025-06-20
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Weichai Lovol achieved record agricultural machinery sales, launched high-horsepower CVT tractors and smart farming solutions, and filed for a Hong Kong spin-off IPO.潍柴雷沃农机销量创纪录，推出大马力CVT拖拉机和智慧农业解决方案，并申请香港分拆上市。
2024-03-26Weichai Power released the Weichai Lovol P3404-8V high-horsepower intelligent tractor with independent intellectual property rights, featuring 30% higher overall operating efficiency and 10% lower fuel consumption.潍柴动力发布具有自主知识产权的潍柴雷沃P3404-8V大马力智能拖拉机，综合作业效率提升30%，综合燃油消耗降低10%。
2024-04-12Weichai announced it will temporarily terminate the spin-off and IPO of its subsidiary Weichai Lovol on the ChiNext board, citing market conditions and business planning considerations.潍柴公告暂时终止分拆子公司潍柴雷沃至创业板上市，基于市场环境及业务规划考虑。
2024-08-22H1 2024 subsidiary Weichai Lovol (潍柴雷沃) agricultural machinery sales ~77,000 units, +17.5%; revenue ~RMB 9.8 billion, +28.1%, both record highs.2024年上半年子公司潍柴雷沃农机产品销售约7.7万台，同比增长17.5%；营业收入约98亿元，同比增长28.1%，均创历史同期新高。
2024-09-09Weichai Power disclosed that from January to July 2024, heavy-duty truck industry sales totaled about 563,000 units, up 2.4% year-on-year; Weichai Lovol smart agriculture sold about 77,000 units of various agricultural machinery, up 17.5% year-on-year, with large and high-end models gaining share.潍柴动力披露，2024年1-7月重卡行业累计销售约56.3万辆，同比增长2.4%；潍柴雷沃智慧农业各类农机产品销售约7.7万台，同比增长17.5%，大型化、高端化机型占比提升。
2024-10-27At an agricultural machinery expo, Weichai and Lovol jointly exhibited a ~1400 sqm booth, showcasing the large-horsepower CVT powertrain system (filling China's gap in CVT for high-end agri equipment) and releasing the 'Smart Agriculture Cloud Full-Scenario Solution'.在农机展上，潍柴与雷沃联合展出近1400平方米展位，展示大马力CVT动力总成系统（填补中国高端农业装备无级变速箱技术空白），并发布“智慧农业云全场景解决方案”。
2024-11-04Weichai Power showcased agricultural machinery power products (WP3.6N, WP4.6N, WP6, WP7, WP10.5H, WP17) at the China International Agricultural Machinery Exhibition in Changsha.潍柴动力在长沙中国国际农业机械展览会上展出农业装备动力产品（WP3.6N、WP4.6N、WP6、WP7、WP10.5H、WP17）。
2025-01-20Weichai Power disclosed that its subsidiary Weichai Lovol Intelligent Agriculture's agricultural machinery sales volume grew 17% year-on-year in the first half of 2024, ranking first in the industry.潍柴动力披露子公司潍柴雷沃智慧农业2024年上半年农机产品整体销量同比增长17%，规模稳居行业第一。
2025-04-08Weichai Power announced it will spin off its controlled subsidiary Weichai Lovol Intelligent Agricultural Technology Co., Ltd. to list on the Main Board of HKEX; Weichai Power will retain control after the spin-off.潍柴动力公告拟分拆控股子公司潍柴雷沃智慧农业科技股份有限公司至香港联交所主板上市；分拆后潍柴动力仍保持控股权。
2025-06-19Weichai Power's board approved the proposed spin-off of subsidiary Weichai Lovol Intelligent Agricultural Technology Co., Ltd. for a separate listing on the Main Board of the Hong Kong Stock Exchange, with new shares not exceeding 25% of enlarged share capital.潍柴动力董事会批准拟分拆子公司潍柴雷沃智慧农业科技股份有限公司至港交所主板独立上市，新股占潍柴雷沃经扩大股本比例不超过25%。
2025-06-20Weichai Lovol submitted its H-share IPO application to the Hong Kong Stock Exchange for listing on the Main Board.潍柴雷沃于2025年6月20日向香港联交所递交了H股首次公开发行并在主板上市的申请。
KION Group / smart logistics凯傲集团/智慧物流
10 · 2024-03-26 → 2026-03-27
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KION Group (Dematic) posted record revenues and profitability, with Dematic winning a major logistics automation project in Beijing; KION underwent a restructuring efficiency plan.凯傲集团（德马泰克）收入和盈利能力创纪录，德马泰克赢得北京大型物流自动化项目；凯傲进行了重组效率计划。
2024-03-26Weichai Power's 2023 annual report showed that its intelligent logistics business revenue hit a record high, with net profit up nearly 200% to 197.2%.潍柴动力2023年年报显示：智慧物流业务营业收入创历史新高，净利润增长近两倍达197.2%。
2024-04-26Weichai's subsidiary KION Group reported Q1 2024 revenue of EUR 2.86 billion (+2.8% YoY), adjusted EBIT of EUR 230 million (+45.4%), and net profit of EUR 110 million (+50.9%).潍柴控股子公司德国凯傲集团2024年一季度营收28.6亿欧元（同比+2.8%），调整后EBIT 2.3亿欧元（+45.4%），净利润1.1亿欧元（+50.9%）。
2024-05-28Weichai Power stated that its smart logistics business in Q1 2024 achieved adjusted EBIT of 230 million euros, with an adjusted EBIT margin of 7.9%, up 2.3 percentage points year-on-year.潍柴动力表示2024年一季度智慧物流业务调整后息税前利润增至2.3亿欧元，调整后息税前利润率7.9%，同比提升2.3个百分点。
2024-06-06Weichai Power stated that its smart logistics business in Q1 2024 continued growth, with adjusted EBIT rising to EUR 230 million and adjusted EBIT margin reaching 7.9%, up 2.3 ppts YoY.潍柴动力表示智慧物流业务2024年一季度延续增长，调整后息税前利润增至2.3亿欧元，调整后息税前利润率达7.9%，同比提升2.3个百分点。
2024-08-22H1 2024 subsidiary KION Group (Germany) revenue ~EUR 5.74 billion, +2.1%, a record high for the period; profitability continued to strengthen.2024年上半年子公司德国凯傲集团收入约57.4亿欧元，同比增长2.1%，创历史同期新高，盈利能力持续增强。
2024-09-09Weichai Power's German subsidiary KION Group achieved record revenue of about 5.74 billion euros in H1 2024, with improved profitability due to better operational quality and efficiency.潍柴动力德国子公司凯傲集团2024年上半年实现收入约57.4亿欧元，创历史同期新高，盈利能力因经营质量改善和运营效率提升而增强。
2024-11-07Dematic (Weichai's core brand) signed a project agreement with Beijing Shoufa Group for a fully automated three-dimensional warehouse logistics automation project at the Beijing Southeast Expressway Smart Logistics Port (Phase I) in Majuqiao.潍柴旗下核心品牌德马泰克与首发集团签约，在北京马驹桥东南高速公路智慧物流港（一期）合作开展全自动立体库物流机械自动化项目。
2025-05-08Weichai's subsidiary KION GROUP AG implemented an efficiency plan, incurring a one-time provision of RMB 1.465 billion in Q1 2025, impacting net profit by RMB 472 million. The plan targets annual sustainable cost savings of EUR 140-160 million (fully effective by FY2026) with a one-time cost of EUR 240-260 million in FY2025.潍柴控股子公司凯傲集团实施增效计划，2025年一季度计提相关支出人民币14.65亿元，影响归母净利润4.72亿元。该计划目标每年实现约1.4亿至1.6亿欧元可持续成本节约（2026财年全面生效），2025财年一次性支出约2.4亿至2.6亿欧元。
2025-10-14Disclosed that H1 2025 employee cost in admin expenses was RMB 4.426 billion, up YoY mainly due to a one-off RMB 1.51 billion efficiency plan expense at subsidiary KION GROUP AG.披露2025年上半年管理费用中员工成本为44.26亿元，同比增加主要因子公司凯傲集团效率计划一次性支出15.1亿元。
2026-03-27In 2025, Weichai Power's goodwill balance stood at RMB 25.269 billion, with no impairment taken; the KION efficiency plan incurred a charge of RMB 1.276 billion, impacting net profit by RMB 393 million.2025年末潍柴动力商誉余额252.69亿元，本期未计提减值；凯傲效率计划计提支出12.76亿元，影响归母净利润3.93亿元。
Marine power products船舶动力产品
10 · 2024-03-30 → 2026-04-26
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Weichai expanded its marine engine portfolio with methanol, LNG, and high-end models, achieving CCS certifications and powering landmark vessels including the world's first salmon farming vessel.潍柴以甲醇、LNG和高端机型扩展船用发动机产品组合，获得CCS认证，并为包括世界首艘三文鱼养殖船在内的标志性船舶提供动力。
2024-03-30Weichai Power stated that it has the M-series and N-series multi-platform high-end marine power products.潍柴动力表示公司拥有M系列、N系列等多平台高端船舶动力产品。
2024-11-19Weichai Power exhibited WH20 micro-pilot-ignition gas engine and WH17 methanol engine at the 2nd Inland River Shipping High-Quality Development Forum in Yichang, securing batch意向 orders.潍柴动力在宜昌第二届内河航运高质量发展论坛展出WH20微喷引燃气体发动机和WH17甲醇动力产品，斩获批量意向订单。
2025-07-14Weichai Power debuted the new-generation 16M23 high-end marine engine (rated power 2,000 kW, max torque 8,450 N·m) at the Weichai 2025 Qingdao International Yacht Conference.潍柴动力在潍柴·2025青岛国际游艇大会上首次展出全新一代16M23高端艇用动力（标定功率2000kW，最大扭矩8450N·m）。
2025-07-14Weichai-powered 100% biofuel (B100) vessel 'President 100' was launched in Singapore for a 1,000-hour continuous operation test, using two WP13C450-18BF marine main engines and two CCFJ20J-W5BF generator sets.由潍柴提供动力的100%生物燃油(B100)交通船“President 100”号在新加坡下水，将开展1000小时实船连续运行测试，搭载两台WP13C450-18BF船用主机和两台CCFJ20J-W5BF发电机组。
2025-08-05World's first salmon farming vessel 'Su Hai 1' delivered in Guangzhou Nansha, equipped with 4 Weichai marine generator sets (2800kW each), with a second identical vessel also ordering Weichai power.全球首艘三文鱼养殖工船“苏海1号”在广州南沙交付，搭载4台潍柴2800kW船用发电机组，另一艘同型船也选用潍柴动力。
2025-08-25Two 88m LNG dual-purpose vessels 'Po Hu Ji Yun 1' and 'Po Hu Ji Yun 2' launched in Jiangxi, powered by Weichai 900hp 8170 LNG engines with near-zero SOx/PM and 85% NOx reduction.两艘88米LNG集散两用船“鄱湖集运1”和“鄱湖集运2”在江西下水，配套潍柴900马力8170 LNG发动机，硫氧化物/颗粒物近零排放，氮氧化物降低85%。
2025-10-14Multiple methanol marine engine models received CCS (China Classification Society) certification: WP13 passed 2500h deterioration test, WH17 obtained first China-II emission certificate, WH20 obtained first diesel micro-pilot-ignition single methanol fuel engine type approval certificate.多款甲醇船舶动力获中国船级社认证：WP13完成2500小时劣化试验，WH17获国内首张中国二排放证书，WH20获国内首张柴油微喷引燃单一甲醇燃料发动机型式认可证书。
2025-10-29Weichai Heavy Machinery became the first marine engine maker to receive CCS digital certification for ship product inspection, under new CCS digital application guidelines.潍柴重机成为首家获中国船级社船用产品检验数字化应用认可证书的船用发动机制造企业。
2026-03-20The Greater Bay Area's first methanol-powered vessel, 'Yuechuangying 002', equipped with two Weichai 6WH17 methanol marine engines, successfully completed sea trials with ultra-low NOx and near-zero soot emissions.搭载两台潍柴6WH17甲醇船舶动力的大湾区首艘甲醇动力船“粤创盈002”顺利完成试航，实现超低氮氧化物排放和近乎为零的碳烟颗粒物。
2026-04-26The world's largest pile-driving vessel 'China Railway Construction Bridge Pile 1', equipped with three 2000kW Weichai generator sets, was launched in Nantong, serving the Brazil Salvador cross-sea bridge project.全球最大打桩船“铁建大桥桩1”号在江苏南通下线，搭载3台2000kW潍柴发电机组，将服务于巴西萨尔瓦多跨海大桥项目。
M-series large-bore engineM系列大缸径发动机
22 · 2024-04-03 → 2026-05-25
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Weichai's M-series large-bore high-speed engines (M33, M55) grew rapidly, breaking into global data-center backup power and mining truck markets with surging sales.潍柴M系列大缸径高速发动机（M33、M55）快速增长，打入全球数据中心备用电源和矿用卡车市场，销量激增。
2024-04-03In 2023, Weichai sold over 8,100 M-series large-bore high-power-density engines, up 38% YoY, breaking into global data center and mining truck markets; SOFC remains in commercial demonstration stage.2023年潍柴M系列大缸径高功率密度发动机销售8100余台，同比增长38%，突破全球大数据工程中心、矿卡等高端市场；SOFC仍处于商业化示范阶段。
2024-09-04Weichai Power disclosed in an investor relations activity record that its M-series large-bore high-speed engine sold about 3,600 units in H1 2024, flat year-on-year, and expects full-year sales to grow steadily with an optimized product mix.潍柴动力在投资者关系活动记录中披露，2024年上半年M系列大缸径高速发动机销量约3600台，同比持平，预计全年销量将稳健增长且产品结构明显优化。
2024-12-04Weichai Power disclosed that M-series large-bore high-speed engine sales reached nearly 6,000 units in the first three quarters of 2024, with product structure optimization and higher share of high-end products.潍柴动力披露，2024年前三季度M系列大缸径高速发动机销量近6000台，产品结构持续优化，高端化产品占比明显提升。
2024-12-27Weichai Power stated that its large-bore products are comprehensively deployed in data centers and public utilities; M-series large-bore high-speed engine sales reached nearly 6,000 units in the first three quarters, with high-end product share significantly increasing; the company will accelerate capturing data center and other key high-end markets.潍柴动力表示，大缸径产品全面布局数据中心、公共事业等领域；前三季度M系列大缸径高速发动机销量近6000台，高端化产品占比明显提升；公司将加速抢占数据中心等重点高端市场。
2025-01-07Weichai Power disclosed that its M-series large-bore high-speed engine sales reached nearly 6,000 units in the first three quarters, with data center-related high-end product share rising significantly.潍柴动力披露前三季度M系列大缸径高速发动机销量近6000台，数据中心相关高端产品占比明显提升。
2025-02-27Weichai Power stated its M-series large-bore high-speed engines are selling at full capacity with improving product mix and rising high-end product share; it will accelerate penetration into data center and other premium markets.潍柴动力表示M系列大缸径高速发动机产销饱满，产品结构优化、高端化占比提升，将加速抢占数据中心等高端市场。
2025-03-28Weichai Power disclosed that in 2024 it sold 73,400 engines (including 69,000 exported, +5% YoY), 8,132 large-bore engines (62.2% overseas), and launched the world's first diesel engine with 53.09% brake thermal efficiency.潍柴动力披露2024年销售各类发动机73.4万台（出口6.9万台，同比+5%），大缸径发动机8132台（海外占比62.2%），发布全球首款本体热效率53.09%柴油机。
2025-03-28Weichai Power's 2024 annual report shows that its large-bore engine sales for data centers reached nearly 400 units, up 148% YoY.潍柴动力2024年年报显示，数据中心用大缸径发动机销量近400台，同比增长148%。
2025-04-01Weichai Power's M-series large-bore engine sales exceeded 8,100 units in 2024, revenue +20% YoY; data center product sales surged 148% to nearly 400 units, with overseas data center sales exploding.潍柴动力2024年M系列大缸径发动机销售超8100台，收入同比增20%；数据中心产品销售同比增148%至近400台，海外数据中心销售爆发式增长。
2025-04-30Weichai Power's large-bore engine Q1 2025 sales reached nearly 2,500 units (+40% YoY), driven by domestic data center infrastructure opportunities.潍柴动力2025年一季度大缸径发动机销量近2500台，同比增长40%，受益于国内数据中心等基建机遇。
2025-05-15Weichai disclosed that in Q1 2025 it sold nearly 2,500 M-series large-bore engines (+40% YoY), with data center product sales surging. It expects high growth for M-series and data center products and will accelerate penetration into high-end data center markets.潍柴披露2025年一季度M系列大缸径发动机销售近2500台（同比+40%），其中数据中心产品销量同比大幅提升。预计M系列大缸径发动机及数据中心产品将高速增长，加速抢占数据中心等高端市场。
2025-07-11Weichai Power stated that its M-series large-bore engines saw strong production and sales in H1 2025, especially for data-center generators, and it aims to accelerate market share gains in high-end segments.潍柴动力表示，2025年上半年M系列大缸径发动机产销两旺，数据中心用发动机产销大幅提升，将加速抢占高端市场份额。
2025-08-30Weichai's 2025 H1 engine sales reached 362,000 units, including 125,000 heavy-duty truck engines; high-end M-series large-bore engine sales exceeded 5,000 units (+41% YoY); data center engine sales nearly 600 units (+491% YoY).潍柴2025年上半年销售发动机36.2万台，其中重卡发动机12.5万台；高端M系列大缸径发动机销量超5000台（同比+41%）；数据中心用发动机销量近600台（同比+491%）。
2025-09-01Weichai Power 2025 H1 report: large-bore engine sales exceeded 5,000 units (+41% YoY), data-center engine sales nearly 600 units (+491% YoY); H1 revenue 113.15 billion yuan (+0.59% YoY), net profit 5.64 billion yuan (-4.4% YoY); interim dividend 0.358 yuan per 10 shares, payout ratio 57%.潍柴动力2025年半年报：大缸径发动机销量超5000台（同比+41%），数据中心发动机销量近600台（同比+491%）；上半年营收1131.5亿元（同比+0.59%），净利润56.4亿元（同比-4.4%）；中期每10股派3.58元，分红比例57%。
2025-10-31M-series large-bore engine 9M sales exceeded 7,700 units (+30% YoY); data center market sales exceeded 900 units (+300% YoY).M系列大缸径发动机前三季度销量超7700台（同比+30%）；数据中心市场销量超900台（同比+300%）。
2025-11-25Weichai Power disclosed that its M-series large-bore engine sales exceeded 7,700 units in the first three quarters of 2025, up over 30% YoY; among them, data center market sales exceeded 900 units, up over 3x YoY.潍柴动力披露，2025年前三季度M系列大缸径发动机销量超7700台，同比增长超30%；其中数据中心市场销售超900台，同比增长超3倍。
2025-12-19In the first three quarters of 2025, Weichai Power sold over 7,700 M-series large-bore engines (up >30% YoY), including over 900 units for data centers (up >3x YoY).2025年前三季度，潍柴动力M系列大缸径发动机销售超7700台（同比增长超30%），其中数据中心市场销售超900台（同比增长超3倍）。
2026-03-27In 2025, Weichai Power's power generation engines sold over 104,000 units (+15% YoY); large-bore engine sales reached about 11,000 units (+32% YoY), generating revenue of RMB 5.81 billion (+65% YoY); data center backup power sales hit about 1,400 units (+259% YoY).2025年潍柴动力发电用发动机销量超10.4万台（同比+15%）；大缸径发动机销量约1.1万台（同比+32%），收入58.1亿元（同比+65%）；数据中心备用电源销量约1400台（同比+259%）。
2026-04-03Weichai Power disclosed that in 2025 it sold 104,000 power generation engines (+15% YoY), including over 10,000 large-bore engines for the first time (+32% YoY, revenue RMB 5.81 billion, +65% YoY), and about 1,400 data center engines (+259% YoY).潍柴动力披露2025年销售发电用发动机10.4万台（同比+15%），其中大缸径发动机首次突破1万台（同比+32%，收入58.1亿元，同比+65%），数据中心用发动机约1400台（同比+259%）。
2026-04-25China's first 300-ton-class mining truck powered by Weichai's independently developed 12M55 engine achieved 18,000 hours of reliable operation, marking a breakthrough in large mining truck powertrain localization.中国首台300吨级矿卡搭载潍柴自主12M55发动机实现18000小时可靠运行，标志着大型矿卡动力总成国产化零的突破。
2026-05-06Q1 2026 new energy powertrain system revenue reached 1.69 billion yuan, up ~200% YoY; power energy product sales 30,000 units, +21% YoY; large-bore engine sales over 3,000 units, +21% YoY; data center engine sales over 500 units, +240% YoY.2026年一季度新能源动力系统营收16.9亿元，同比增长约200%；电力能源产品销售3万台，同比增长21%；大缸径发动机销量超3000台，同比增长21%；数据中心用发动机销售超500台，同比增长超240%。
2026-05-25Q1 2026 data center engine sales exceeded 500 units, up over 240% YoY; Jan-Apr 2026 heavy truck industry sales 440,000 units, +23.3% YoY; exports 140,000 units, +36.5% YoY.2026年一季度数据中心用发动机销售超500台，同比增长超240%；2026年1-4月重卡行业销量44万辆，同比增长23.3%；出口14万辆，同比增长36.5%。
Hydrogen internal combustion engine氢内燃机
8 · 2024-04-03 → 2026-06-03
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Weichai developed and commercialized hydrogen ICE for heavy trucks and power generation, including China's first commercial hydrogen ICE truck and grid-connected generator set.潍柴开发并商业化氢内燃机用于重卡和发电，包括中国首款商用氢内燃机重卡和并网发电机组。
2024-04-03Weichai confirmed it has developed hydrogen internal combustion engine technology and jointly launched China's first commercial hydrogen ICE heavy truck with Sinotruk in June 2022, using a self-developed 13L hydrogen engine.潍柴确认已布局氢内燃机技术，并于2022年6月与中国重汽联合发布全国首台商业化氢内燃机重卡，搭载自研13L氢内燃机。
2024-09-22Weichai Power unveiled the WP15 hydrogen internal combustion engine at the IAA Transportation 2024 in Hanover, Germany, featuring high efficiency, near-zero emissions, and over 90% commonality with gas engines.潍柴动力在德国汉诺威国际交通运输博览会上展出WP15氢内燃机，具有高效、近零排放特点，与气体机通用化率超过90%。
2024-11-28Weichai Power showcased its 13L and 8L hydrogen internal combustion engines at a hydrogen ICE real-vehicle demonstration launch in Tianjin; the 8L direct-injection hydrogen engine was the first domestic public display of a heavy-duty commercial vehicle direct-injection hydrogen ICE.潍柴动力在天津氢内燃机实车示范运行启动活动中展出13L及8L氢内燃机，其中8L缸内直喷氢内燃机为国内首次亮相的重型商用缸内直喷氢内燃机。
2025-02-13Weichai Power confirmed full deployment in hydrogen internal combustion engine technology, achieving key core tech and commercial breakthroughs; in June 2022 jointly launched China's first commercial hydrogen ICE heavy truck with Sinotruk.潍柴动力确认已全面布局氢内燃机技术，完成关键核心技术和商业化应用突破；2022年6月与中国重汽联合发布全国首台商业化氢内燃机重卡。
2025-11-18The ISO/TC 70 annual meeting approved the PWI proposal for 'Hydrogen fuel internal combustion engines - Pre-ignition identification and test methods', jointly proposed by Weichai and Beijing Institute of Technology, one of the first ISO/TC70 hydrogen ICE standard pre-research projects.ISO/TC 70（国际标准化组织内燃机技术委员会）2025年度会议批准了由潍柴和北京理工大学联合提出的《氢燃料内燃机 早燃识别和测试方法》国际标准预研项目（PWI）立项，为ISO/TC70首批氢内燃机标准预研项目之一。
2026-01-12Weichai hydrogen internal combustion engine generator set successfully achieved grid-connected stable operation for the first time in China, deployed at Wuxi Huaguang Nengyuan microgrid demonstration project, using WP13 hydrogen engine co-developed with Wuxi Huaguang Nengyuan.潍柴氢内燃机发电机组成功实现国内首次纯氢发电并网稳定运行，落地于无锡华光环能微电网示范项目，配套使用与无锡华光环能定制化开发的WP13氢内燃机。
2026-04-03Weichai Power confirmed its hydrogen internal combustion engine (H2-ICE) power generation product has entered demonstration operation with good results; commercial vehicle and off-road products are under development.潍柴动力确认其氢内燃机发电产品已实现示范运营且效果较好，商用车和非道路产品正在研发中。
2026-06-03Weichai Power stated that its hydrogen internal combustion engine has entered the China Automotive Technology and Research Center certification testing phase, expected to receive results soon, paving the way for mass production and vehicle installation.潍柴动力表示，其氢内燃机已进入中汽研认证测试阶段，预计近日出结果，为量产装车铺路。
Future Technology Laboratory未来技术实验室
1 · 2024-04-16
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Weichai launched a 7,000 sqm Future Technology Laboratory with 46 specialized labs for new energy batteries, fuel cells, and China-7 emission after-treatment R&D.潍柴启用7000平方米的未来技术实验室，设有46个专业实验室，用于新能源电池、燃料电池和国七排放后处理研发。
2024-04-16Weichai officially launched its Future Technology Laboratory, a 7,000 sqm facility with 46 specialized labs for R&D in new energy batteries, fuel cells, China-7 emission after-treatment, and friction/wear technologies.潍柴未来科技试验室正式启用，占地7000平方米，设有46个专业试验室，用于新能源动力电池、燃料电池、国七排放后处理、摩擦磨损等前沿技术研发。
High thermal efficiency engine records高热效率发动机纪录
3 · 2024-04-20 → 2024-06-08
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Weichai set world records for diesel (53.09% BTE) and natural gas (54.16% BTE) engine thermal efficiency, applying the technology across product lines.潍柴创造了柴油（53.09%热效率）和天然气（54.16%热效率）发动机热效率世界纪录，并将该技术应用于全产品线。
2024-04-20Weichai unveiled the world's first diesel engine with a brake thermal efficiency of 53.09% at the 2024 World Internal Combustion Engine Congress, setting a new global record.潍柴在2024世界内燃机大会上发布全球首款本体热效率53.09%柴油机，再创世界纪录。
2024-05-14Weichai Power disclosed that on April 20, 2024, it launched the world's first diesel engine with a base thermal efficiency of 53.09%, breaking the world record for the fourth time.潍柴动力披露于2024年4月20日发布全球首款本体热效率53.09%的柴油机，第四次打破世界纪录。
2024-06-08Weichai Power confirmed that its high-thermal-efficiency technology has been applied in excavator engine products.潍柴动力确认其高热效率技术已在挖掘机发动机产品中实现应用。
Executive & board changes高管与董事会变更
16 · 2024-05-10 → 2026-05-28
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Tan Xuguang resigned as Chairman due to age; Ma Changhai succeeded. Multiple executive resignations and appointments occurred, including CFO and Board Secretary changes.谭旭光因年龄辞任董事长，马常海接任。多位高管辞职和任命，包括CFO和董事会秘书变更。
2024-05-10Weichai Power held the first meeting of the 7th Board of Directors, electing Tan Xuguang as Chairman and legal representative.潍柴动力召开七届一次董事会会议，选举谭旭光为董事长及法定代表人。
2024-05-10Weichai Power held a staff representative meeting to elect Zhao Yongchang as a staff supervisor for the 7th Board of Supervisors.潍柴动力召开职工代表团（组）长会议，选举赵永昌为第七届监事会职工代表监事。
2024-07-22Weichai Power confirmed that Tan Xuguang remains Chairman and is performing duties normally, addressing market rumors.潍柴动力确认谭旭光仍担任董事长并正常履职，回应市场传闻。
2024-08-12Tan Xuguang resigned as Chairman, legal representative, and director due to age; Ma Changhai was elected as the new Chairman, Chairman of the Strategy and Investment Committee, and legal representative.谭旭光因年龄原因辞任董事长、法定代表人、董事等职务；马常海被选举为新任董事长、战略发展及投资委员会主席及法定代表人。
2024-10-31Weichai Power appointed Ms. Wang Li as Board Secretary (her second tenure in this role); she previously served as Board Secretary of China National Heavy Duty Truck Group and Sinotruk (Hong Kong).潍柴动力聘任王丽女士担任董事会秘书（第二次出任该职）；她曾担任中国重型汽车集团有限公司及中国重汽（香港）董事会秘书。
2024-11-11Qu Hongkun resigned as CFO of Weichai Power due to job changes; Wang Cuiping was appointed as the new CFO, effective from the 8th interim board meeting on November 11, 2024.曲洪坤因工作变动辞去潍柴动力财务总监职务；王翠萍被聘任为新任财务总监，自2024年11月11日第八次临时董事会会议起生效。
2024-12-30Weichai Power announced that Zhang Quan resigned as vice chairman and director due to age reasons; Wang Jian resigned as executive president due to work needs, but will continue to hold other positions in the company.潍柴动力公告，张泉因年龄原因辞任副董事长、董事等职务；王健因工作需要辞任执行总裁职务，将继续在公司担任其他职务。
2025-01-01Zhang Quan resigned as Vice Chairman and Director due to age; Wang Jian resigned as Executive President due to work needs. The company standardized executive titles: CEO renamed to General Manager, Executive President renamed to Deputy General Manager.张泉因年龄原因辞任副董事长、董事；王健因工作需要辞任执行总裁。公司规范高管职务名称：CEO调整为总经理，执行总裁调整为副总经理。
2025-01-10Li Pengcheng resigned as Executive President due to work changes and will no longer hold any position in the company.李鹏程因工作变动辞任执行总裁，并不再担任公司任何职务。
2025-01-16Weichai Power announced an extraordinary general meeting on February 10, 2025, to elect Huang Weibiao as an executive director.潍柴动力公告将于2025年2月10日召开临时股东大会，审议选举黄维彪为公司执行董事的议案。
2025-01-26Li Pengcheng, former Executive President of Weichai Power, was appointed General Manager of Zhongtong Bus, a fellow subsidiary under Shandong Heavy Industry Group.原潍柴动力执行总裁李鹏程被聘任为中通客车总经理，中通客车与潍柴动力同属山东重工集团。
2025-12-04Huang Weibiao elected as employee representative director on the 7th board, no longer serving as executive director but remaining on the ESG committee.黄维彪当选第七届董事会职工代表董事，不再担任执行董事，继续担任ESG委员会委员。
2025-12-19Weichai Power's 7th interim board meeting elected Zhang Weili as a candidate for independent non-executive director.潍柴动力第七次董事会临时会议选举张伟丽为独立非执行董事候选人。
2026-01-12Executive Director Sun Shaojun resigned due to age; Wang Yanlei was nominated as a candidate for non-executive director, pending shareholder approval.执行董事孙少军因年龄原因辞职；王延磊被选为非执行董事候选人，待股东会审议。
2026-01-30Weichai held its second interim board meeting, approving the adjustment of members of the 7th board's special committees; Zhang Weili was elected to the audit and remuneration committees.潍柴召开2026年第二次临时董事会，审议通过调整第七届董事会相关专门委员会委员的议案，选举张伟丽为审核委员会、薪酬委员会委员。
2026-05-28Independent non-executive director Jiang Yan resigned due to term limit; Zhang Bo nominated as replacement, pending shareholder approval.独立非执行董事蒋彦因任期届满辞职，提名张博接任，尚需股东会审议。
Awards & certifications奖项与认证
19 · 2024-05-13 → 2026-06-23
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Awards, certifications, and recognitions for quality, technology, brand, and ESG.质量、技术、品牌和ESG方面的奖项、认证和认可。
2024-05-13Weichai Power's brand value reached 72.566 billion yuan, ranking first in the machinery manufacturing sector with a brand strength of 959, according to the 2024 China Brand Value Evaluation.2024中国品牌价值评价中，潍柴动力品牌价值达725.66亿元，品牌强度959，居机械设备制造领域首位。
2024-06-03Weichai Power won 2 demonstration-level, 4 professional-level, and 2 improvement-level awards at the 2024 China Quality Innovation and Quality Improvement Achievements Conference, with 8 projects all winning awards.潍柴动力在2024年中国质量创新与质量改进成果发表交流活动中斩获2个示范级、4个专业级、2个改进级成果，8个项目全部获奖。
2024-07-08Weichai Power won the 'Corporate Governance Excellence Enterprise Award' for ESG practices.潍柴动力因ESG实践荣获'公司治理卓越企业奖'。
2024-07-28Weichai Power's 'Key Technology and Industrialization of Vermicular Graphite Cast Iron Casting for High-End Engines' and 'Key Technology for Heavy-Duty Diesel Engine Environmental Adaptability' won Shandong Provincial Science and Technology Progress Awards (1st and 2nd class).潍柴动力'高端发动机蠕墨铸铁件铸造关键技术及产业化'和'重型柴油机环境适应性关键技术及应用'分获山东省科学技术进步奖一等奖、二等奖。
2024-09-03Weichai Power won the 'A-share Global Brand Building Award' at the 2024 Phoenix Star Listed Company Selection, jointly awarded by Phoenix TV and Phoenix.com.潍柴动力在2024凤凰之星上市公司评选中获得“A股全球品牌建设奖”，该评选由凤凰卫视和凤凰网主办。
2024-11-11Weichai Power was selected as one of the first 34 'Quality Power Nation Construction Leading Enterprises' by the State Administration for Market Regulation and signed the quality power nation construction action initiative in Beijing.潍柴动力被国家市场监督管理总局选为首批34家“质量强国建设领军企业”之一，在北京签署质量强国建设行动倡议书。
2024-11-28TÜV SÜD awarded Weichai Power ISO/SAE 21434 automotive cybersecurity process certification and ASPICE Level 2 capability assessment, marking international-level achievement in vehicle cybersecurity and software quality management.TÜV南德向潍柴动力颁发ISO/SAE 21434汽车网络安全流程认证证书及ASPICE 2级能力评估认可，标志其在汽车网络安全和软件质量管理领域达到国际先进水平。
2025-05-10Weichai's brand value reached RMB 83.048 billion in the 2025 China Brand Value Evaluation, up 14% YoY, ranking second in the machinery equipment manufacturing sector with a brand strength of 958.2025中国品牌价值评价信息发布，潍柴动力品牌价值达830.48亿元，同比增长14%，品牌强度958，位列机械设备制造领域第二名。
2025-07-03Weichai Power won two 2024 Shandong Provincial Science & Technology Progress Awards: first prize for 'Key Technologies for High-reliability, High-quality, High-safety Data Value Development in Industrial Intelligence' and second prize for 'Key Technologies and Industrialization of High-pressure Large-displacement Piston Pumps'.潍柴动力荣获两项2024年度山东省科学技术进步奖：一等奖（面向工业智能的高可靠高质量高安全数据价值开发利用关键技术）和二等奖（高压大排量柱塞泵关键技术及产业化）。
2025-07-24Weichai Power was named to Huazheng ESG '2025 A-Share Top 50 Environmental (E) Best Practice' and won Gelonghui 'Golden Ge Award · ESG Social Responsibility Excellence Enterprise'.潍柴动力入选华证ESG“2025年A股上市公司环境(E)维度最佳实践TOP50”，并荣获格隆汇“金格奖·ESG社会责任卓越企业”。
2025-07-28Weichai Power moved up 4 places in the Fortune China 500 ranking for 2025.潍柴动力在2025年《财富》中国500强排名中较上一年度提升4位。
2025-11-07Weichai Power's project 'China Power Heart - Trusted Data Empowering High-End Manufacturing Full-Chain Collaboration and Transition' won the first prize in the industrial manufacturing track of the 2025 'Data Elements ×' National Competition, the only ICE enterprise to receive this honor.潍柴动力项目《中国动力心脏—可信数据赋能高端制造全链协同与跃迁》荣获2025年“数据要素×”大赛全国总决赛工业制造赛道一等奖，为内燃机行业唯一获此殊荣的企业。
2025-12-23Weichai Power won the 'Annual ESG Pioneer' award at the Gelonhui 'Golden Grid Awards'.潍柴动力在格隆汇“金格奖”中荣获“年度ESG先锋”奖项。
2025-12-26Weichai's 'High-efficiency, high-reliability methanol engine key technology development and application' project was selected as one of the top 10 innovation achievements of provincial enterprises by Shandong SASAC.潍柴“高效率、高可靠性甲醇发动机关键技术开发及应用”项目入选山东省属企业“十大创新成果”。
2025-12-31Weichai became the first internal combustion engine company to receive carbon management system certification from China Environmental United Certification Center.潍柴成为内燃机行业首家获得中环联合认证中心颁发的碳管理体系认证证书的企业。
2026-05-09Weichai Power received the EFQM RbE Seven-Star certification, becoming the first Chinese high-end equipment manufacturer to achieve this top global quality management recognition.潍柴动力荣获欧洲质量管理基金会（EFQM）颁发的RbE七星认证证书，成为中国高端装备制造业首家获此全球顶级认证的企业。
2026-05-10Weichai Power brand value reached 87.699 billion yuan, up 5.6% YoY, ranking 2nd in the machinery and equipment manufacturing sector in the 2026 China Brand Value Evaluation.潍柴动力品牌价值达876.99亿元，同比增长5.6%，位列机械设备制造领域第2位。
2026-06-04Weichai Power was included in the FTSE China A50 Index, effective June 22, 2026, enhancing international capital recognition and passive fund tracking.潍柴动力被纳入富时中国A50指数，于2026年6月22日生效，提升国际资本认可和被动资金追踪。
2026-06-23Weichai Power received a BBB ESG rating from China Securities Index, down from A in prior years, ranking 4th among 7 peers in the chassis and engine systems industry.潍柴动力获得中证指数ESG评级BBB级，较此前A级下降，在底盘与发动机系统行业7家公司中排名第4。
Overseas expansion & exports海外扩张与出口
10 · 2024-05-23 → 2026-05-23
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Weichai's engine exports grew steadily, with data-center products entering US and European high-end markets, and bus/vehicle deliveries to Algeria, Tanzania, and Uzbekistan.潍柴发动机出口稳步增长，数据中心产品进入欧美高端市场，客车/车辆交付至阿尔及利亚、坦桑尼亚和乌兹别克斯坦。
2024-05-23Weichai Power stated that its business in the United States accounts for a low proportion of total revenue.潍柴动力表示其在美国相关业务占比不高。
2025-01-23Weichai Power stated that its direct exports to the US account for a low proportion of revenue, and potential US tariff increases are expected to have a minor impact.潍柴动力表示其直接出口美国收入占比较低，美国加征关税预计对公司影响较小。
2025-04-08Weichai Power stated that the US tariff adjustments have limited and controllable direct impact on the company, as direct exports to the US account for a low proportion of revenue and imports are minimal.潍柴动力表示本轮美国关税调整对公司直接影响有限且可控，因直接出口美国收入占比较低，进口额较少。
2025-08-27Green buses equipped with Weichai WP7NG natural gas engine delivered again to Bukhara, Uzbekistan, following earlier deliveries in Namangan and Khorezm regions.搭载潍柴WP7NG天然气发动机的绿色公交再次交付乌兹别克斯坦布哈拉州，此前已在纳曼干州、花剌子模州等地交付。
2025-10-14Confirmed that heavy trucks are not exported to the US, so US tariffs on imported heavy trucks have no material impact.确认重卡暂未出口美国，美国对进口重卡征税无实质性影响。
2025-10-17Delivered WP10NG natural gas engines for Tanzania's first batch of green public buses, supporting local green transit.向坦桑尼亚首批绿色公交交付WP10NG天然气发动机，支持当地绿色交通。
2025-12-09Weichai Power confirmed that its power generation products have been exported to the US and European high-end markets.潍柴动力确认其发电产品已出口至美国、欧洲等高端市场。
2026-03-30In 2025, Weichai Power's engine exports reached 75,000 units (+8% YoY); Shaanxi Heavy Duty Truck's X6000 obtained EU WVTA certification, with full-year exports of 59,000 vehicles; agricultural equipment overseas revenue was RMB 2.38 billion (+38.2% YoY).2025年潍柴动力发动机出口7.5万台（同比+8%）；陕重汽X6000获欧盟WVTA认证，全年出口5.9万辆；农业装备海外收入23.8亿元（同比+38.2%）。
2026-05-12Buses and passenger vehicles equipped with Weichai engines delivered to Algeria; cumulative deliveries since 2026 reached 4,950 units, setting a record for local bus power matching.搭载潍柴发动机的公交及客运车辆交付阿尔及利亚，自2026年以来累计交付4950台，创下当地客车动力配套批量纪录。
2026-05-23Weichai launched the WP11A engine in Nigeria, matched with Sinotruk vehicles, targeting African heavy-duty market; received large orders upon launch.潍柴在尼日利亚推出WP11A发动机，匹配中国重汽整车，针对非洲重载市场，上市即收获大批订单。
New-generation engine digital factory新一代发动机数字工厂
4 · 2024-06-12 → 2025-06-03
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Weichai's 10-billion-yuan digital unmanned engine factory achieved full production, recognized as a global 'Lighthouse Factory' with high automation and efficiency.潍柴投资100亿元的数字无人工厂实现全面投产，被认定为全球‘灯塔工厂’，具有高自动化和高效率。
2024-06-12Tan Xuguang inspected Weichai's new-generation engine digital industrial park and Weichai Lovol intelligent tractor manufacturing base, witnessing the full production of the digital factory and the 15,000th product offline.谭旭光调研潍柴全新一代发动机数字化产业园和潍柴雷沃智能拖拉机制造基地，见证高端发动机数字化工厂全线达产暨第15000台产品下线。
2024-06-12Weichai's new-generation engine digital industrial park, with a total investment of RMB 10 billion, is the world's first digital unmanned engine factory; the Lovol intelligent tractor manufacturing project, with an investment of RMB 3 billion, aims to become the first green smart factory in the domestic agricultural machinery industry.潍柴全新一代发动机数字化产业园总投资100亿元，是全球行业第一个发动机数字化无人工厂；雷沃智能拖拉机制造项目总投资30亿元，将打造为国内农机行业首家绿色智慧工厂。
2025-04-15Weichai Power's new-generation engine digital factory achieved 100% machining automation, 80% assembly automation, 25% energy reduction, and 35% operating cost reduction; recognized as a global 'Lighthouse Factory'.潍柴动力全新一代发动机数字化产业园加工自动化率达100%，装配自动化率80%，园区能耗降低25%，运营成本降低35%；获评全球“灯塔工厂”。
2025-06-03Weichai Power's high-end engine smart factory construction standard application pilot project was selected into the second batch of 76 smart manufacturing standard application pilot projects jointly issued by the National Standardization Administration and the Ministry of Industry and Information Technology.潍柴动力高端发动机智能工厂建设标准应用试点项目入选国家标准化管理委员会与工业和信息化部联合发布的第二批76个智能制造标准应用试点项目名单。
ESG & green initiativesESG与绿色倡议
6 · 2024-07-02 → 2025-12-31
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Environmental, social, and governance initiatives, new energy products, and carbon management.环境、社会和治理举措、新能源产品及碳管理。
2024-07-02Fushan District secured 202 mu (approx. 13.5 ha) of land for Phase 2 of Weichai New Energy Vehicle Industrial Park, cumulatively 1,454 mu approved, meeting land demand for the next three years.福山区为潍柴新能源汽车产业园二期获批202亩建设用地，累计保障1454亩，满足未来三年用地需求。
2025-04-10Weichai Power targets more than doubling new energy revenue YoY in 2025, through product tech innovation, platform upgrades, and expanding both internal and external customer markets.潍柴动力力争2025年新能源收入实现同比翻番以上增长，通过产品技术创新、平台迭代升级及内外客户市场拓展。
2025-08-30Weichai set a 2025 target for new energy revenue to more than double year-on-year.潍柴明确提出2025年新能源收入拟实现同比翻番以上的目标。
2025-09-02Weichai Power expects full-year 2025 new-energy powertrain revenue to more than double YoY, driven by rising penetration in commercial vehicles and construction machinery.潍柴动力预计2025年全年新能源动力业务收入同比翻番以上增长，受商用车和工程机械新能源渗透率提升推动。
2025-11-25Weichai Power disclosed in an investor survey that its new energy powertrain business revenue reached RMB 1.97B in the first three quarters of 2025, up over 80% YoY; the company targets full-year revenue of RMB 4B, more than doubling YoY.潍柴动力在投资者调研中披露，2025年前三季度新能源动力系统业务收入19.7亿元，同比增长超80%；力争全年业务收入达到40亿元，实现同比翻番以上增长。
2025-12-31Weichai New Energy Commercial Vehicle passed Vietnam's production conformity (COP) certification, receiving a 36-month valid certificate from Vietnam Register.潍柴新能源商用车通过越南生产一致性（COP）认证，获得越南登检局颁发的36个月有效期证书。
Weichai-Fudi (BYD) new energy power industrial park潍柴弗迪（比亚迪）新能源动力产业园
9 · 2024-07-04 → 2026-03-27
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The Weichai-BYD joint venture built a massive new energy industrial park in Yantai, producing batteries, motors, and e-drives, with Phase I commencing production in 2025.潍柴与比亚迪合资在烟台建设大型新能源动力产业园，生产电池、电机和电驱动，一期于2025年投产。
2024-07-04Weichai Power confirmed that its subsidiary's joint project with BYD is proceeding as planned.潍柴动力确认子公司与比亚迪合作项目按计划进行。
2024-10-14At the expo, Weichai showcased 2 new energy commercial vehicle power products, including a power battery co-developed with BYD, the only commercial vehicle power battery exhibited at the show.在展会上，潍柴展示了2款新能源商用车动力产品，其中包括与比亚迪合资开发的动力电池，是展会上唯一展出的商用车动力电池。
2024-12-01Weichai-Fudi new energy power industrial park project in Fushan District received first batch of production equipment; Phase I expected to be completed and put into operation by end of December 2024. Total investment 56 billion yuan, covering about 1,700 mu, three phases, annual revenue target 100 billion yuan by 2030. Includes 50 GWh cell capacity and 50 GWh battery pack, 500,000 flat-wire motors, 400,000 controllers, 50,000 e-drive assemblies capacity.位于福山区的潍柴弗迪新能源动力产业园项目首批生产设备到场，预计2024年12月底一期建成投产。项目总投资560亿元，占地约1700亩，分三期建设，2030年全部达产后年销售收入目标1000亿元。包括年产50GWh电芯、50GWh电池pack、50万台扁线电机、40万台电控和5万台电驱总成产能。
2025-01-08UBS reported that Weichai Power's joint venture with BYD has completed its first-phase battery capacity, expected to begin operations this year, transforming into an EV supplier.瑞银报告称，潍柴动力与比亚迪的合资企业首阶段电池产能已于去年底完成，预计今年开始运营，转型为电动车供应商。
2025-03-28The Weichai-Fudi (Yantai) New Energy Power Industrial Park Phase I officially commenced production, with the first battery pack (WEB602V160) rolling off the line. Phase I covers 1,007 mu, producing 20 GWh of cells and PACK.潍柴弗迪（烟台）新能源动力产业园项目一期正式投产，首台电池包（WEB602V160）下线。一期占地1007亩，形成20GWh电芯及PACK产能。
2025-04-01Weichai Power and BYD's joint venture Weichai FinDreams (Yantai) new energy power industrial park's first commercial vehicle power battery rolled off the line; Phase 1 has 20GWh capacity, planning 800 billion yuan investment cluster, targeting 100 billion yuan scale by 2030.潍柴动力与比亚迪合资的潍柴弗迪（烟台）新能源动力产业园首台商用车动力电池下线；一期20GWh产能投产，集聚800亿元投资集群，规划2030年形成千亿级产业规模。
2025-05-15Weichai (Yantai) New Energy Industrial Park Phase I officially commenced production on March 28, 2025, with mass production capacity for new energy powertrains, motors, motor controllers, and batteries. The company targets over 100% YoY growth in new energy revenue in 2025.潍柴（烟台）新能源产业园一期于2025年3月28日正式投产，具备新能源动力总成、电机、电机控制器、电池的规模化生产能力。公司计划2025年新能源收入实现同比翻番以上增长。
2025-08-30Weichai (Yantai) New Energy Power Industrial Park was officially completed and put into operation in H1 2025; power battery sales reached 2.32 GWh (+91% YoY), related revenue grew 37% to RMB 1.21 billion.潍柴（烟台）新能源动力产业园于2025年上半年正式建成投产；动力电池销量达2.32GWh（同比+91%），相关业务收入同比增长37%至12.1亿元。
2026-03-27In 2025, Weichai Power's new energy power business revenue reached RMB 3.04 billion (nearly doubled YoY), with power battery sales of 6.3 GWh (+162% YoY), driven by the Yantai new energy industrial park Phase I capacity release.2025年潍柴动力新能源动力业务收入30.4亿元（同比接近翻番），动力电池销量6.3GWh（同比+162%），受烟台新能源产业园一期产能释放驱动。
Software copyright & R&D IP软件著作权与研发知识产权
10 · 2024-07-13 → 2026-06-16
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Weichai Power registered a rapidly growing number of software copyrights (over 78 in 2025) covering engine control, battery management, and industrial automation.潍柴动力软件著作权注册数量快速增长（2025年超78项），涵盖发动机控制、电池管理和工业自动化。
2024-07-13Weichai Power registered a new software copyright 'Network Terminal Communication Management Software V1.0', with 13 new copyrights YTD.潍柴动力新注册《网联终端通信管理软件V1.0》软件著作权，今年累计13个。
2024-07-24Weichai Power registered a new software copyright 'Inland Vessel Energy Efficiency Shore-End Management System V1.0', with 16 new copyrights YTD.潍柴动力新注册《内河船舶能效岸端管理系统V1.0》软件著作权，今年累计16个。
2024-11-23Weichai Power newly registered the software copyright for 'Commercial Vehicle Rearview Mirror Automated Calibration Software V1.0'.潍柴动力新注册《商用车后视镜自动化校核软件V1.0》软件著作权。
2025-02-18Weichai Power registered 7 new software copyrights in Feb 2025 (8 YTD, +60% YoY); H1 2024 R&D spending was RMB 4.302 billion, +15.6% YoY.潍柴动力2025年2月新注册7项软件著作权（年初至今8项，同比+60%）；2024上半年研发投入43.02亿元，同比增15.6%。
2025-02-27Weichai Power registered a new software copyright for 'Industrial Robot Vision Adjustment System V1.0'; YTD software copyrights reached 12, +140% YoY.潍柴动力新注册《工业机器人视觉调整系统V1.0》软件著作权；年初至今软件著作权达12项，同比+140%。
2025-05-03Weichai registered a new software copyright for 'Material Performance Data Analysis Software V1.0'. In 2025 YTD, it has registered 64 software copyrights, up 1,180% YoY. R&D spending in 2024 was RMB 8.299 billion, +3.16% YoY.潍柴动力新注册《材料性能数据分析软件V1.0》软件著作权。今年以来新注册软件著作权64个，较去年同期增加1180%。2024年研发投入82.99亿元，同比增3.16%。
2025-08-28Weichai registered 2 new software copyrights in August, including engine DAQ data acquisition system and commercial vehicle cloud service management software; total 66 new copyrights in 2025, up 40.43% YoY.潍柴8月新注册2项软件著作权，包括发动机DAQ数据采集系统和商用车云服务管理软件；2025年累计新注册66项，同比增长40.43%。
2025-08-29Weichai registered software copyright for 'Machine Vision-based Wheat Harvester Grain Bin Intelligent Test Platform V1.0'; total 78 new copyrights in 2025, up 65.96% YoY.潍柴新注册《基于机器视觉的小麦收获机粮仓智能测试平台V1.0》软件著作权；2025年累计新注册78项，同比增长65.96%。
2026-01-31Weichai newly registered 9 software copyrights in January 2026, including MQTT device management platform, CRETA-based ECU data retrieval software, Modbus data acquisition system, etc.潍柴2026年1月新注册9个软件著作权，包括基于MQTT协议的设备管理平台、基于CRETA的电控数据检索软件、Modbus数据采集系统等。
2026-06-16Weichai Power registered 3 new software copyrights: CAN communication model auto-generation, DBC file auto-mapping, and fuel cell subsystem monitoring platform.潍柴动力新注册3项软件著作权：CAN通信模型自动生成、DBC文件自动映射配置、燃料电池子系统和零部件关键变量监测平台。
Sinotruk relationship中国重汽关系
5 · 2024-08-10 → 2026-05-26
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Weichai deepened its strategic supply relationship with Sinotruk, supplying NG4.0 engines, hydrogen fuel cells, and setting higher procurement caps for 2026.潍柴深化与中国重汽的战略供应关系，供应NG4.0发动机、氢燃料电池，并为2026年设定更高的采购上限。
2024-08-10Weichai Power stated that Sinotruk (中国重汽) is a key strategic customer, with some of its complete vehicles equipped with Weichai engines.潍柴动力表示中国重汽为其重要战略客户，部分整车产品配套潍柴发动机。
2025-01-20Weichai Power confirmed that its engine supply pricing to Sinotruk is market-based and fair, with stable market position despite competition from Sinotruk's own MAN-technology engines.潍柴动力确认其对中国重汽的发动机配套定价遵循市场化原则且公允，市场地位稳定，未受重汽曼技术发动机竞争影响。
2025-09-10Weichai Power explained that H1 2025 credit impairment losses of 36.96 million yuan on receivables from Sinotruk Group were due to increased period-end balances, not related-party benefit transfer.潍柴动力解释2025年上半年对中国重汽集团应收账款新增信用减值损失3696.44万元，系期末余额增加所致，不存在关联方利益输送。
2025-11-28Sinotruk (03808.HK) announced a proposed renewal of continuing connected transactions with Weichai Holding, setting a 2026 procurement cap of RMB 21B for parts and services, up ~29% from the 2024 actual amount of RMB 16.22B.中国重汽（03808.HK）公告拟更新与潍柴控股的持续关联交易，2026年潍柴采购零部件协议建议新上限为210亿元，较2024年实际交易金额162.21亿元增加约29%。
2026-05-26Weichai and Sinotruk jointly held a new-generation light-duty truck engine product launch in Yangzhou, unveiling multiple diesel and gas engines (WP2.5T, WP2.5N, WP3N, etc.) and new energy light truck powertrains.潍柴与中国重汽在扬州联合举办全新一代高端轻卡动力品鉴会，推出WP2.5T、WP2.5N、WP3N等多款柴油及燃气发动机及新能源轻卡动力。
Data-center power generation数据中心发电
29 · 2024-10-12 → 2026-06-22
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Weichai's large-bore diesel and gas generator sets became a key supplier for global data-center backup power, with sales surging over 240% YoY and a 5MW world-record product launched.潍柴大缸径柴油和燃气发电机组成为全球数据中心备用电源的关键供应商，销量同比增长超240%，并推出5MW世界纪录产品。
2024-10-12Weichai globally launched the Baudouin 20M55 generator set (4250kWe, world's largest high-speed diesel generator) at the 2024 Asia Data Center Expo in Singapore, targeting data center power needs.潍柴在新加坡2024亚洲数据中心展上全球发布博杜安20M55发电机组（4250kWe，全球最大功率高速柴油发电机组），面向数据中心电力需求。
2024-11-01Weichai Power's 2000kW high-voltage generator set passed a 242-hour continuous zero-failure test for an unnamed major internet company's data center project, meeting all performance indicators.潍柴动力2000kW高压发电机组通过某知名互联网公司数据中心项目242小时连续零故障测试，各项性能指标达标。
2024-12-10At the overseas sub-forum of the 2025 Global Partner Conference, Weichai disclosed that its data center power generation products achieved strategic breakthroughs in high-end markets such as Europe, America, and Southeast Asia in 2024, with export revenue growing nearly 6 times YoY.在2025年全球合作伙伴大会海外分会上，潍柴披露2024年数据中心发电产品在欧美、东南亚等高端市场实现战略突破，出口收入同比增长近6倍。
2024-12-12Weichai Power stated that its power generation engine products are fully deployed and can be widely used in data centers, public utilities, etc., with significant global competitiveness, especially achieving strategic breakthroughs in high-end markets, driving revenue and profit contribution growth.潍柴动力表示，发电用发动机产品全面布局，可广泛应用于数据中心、公共事业等细分市场，全类型产品具有明显全球竞争力，尤其在高端市场中实现了战略突破，带动收入和利润贡献提升。
2024-12-30Weichai Power confirmed that its large-bore engines can be used in data centers, and that SOFC (solid oxide fuel cell) can also serve data centers as a low-carbon, efficient, continuous, and stable power solution.潍柴动力确认大缸径发动机可应用于数据中心领域，SOFC（固体氧化物燃料电池）也可作为数据中心低碳、高效、持续、稳定的新型电力解决方案。
2025-01-06Weichai Power's large-bore engines are widely used in data center backup power; the company is expanding into the global data center market.潍柴动力大缸径发动机已广泛应用于数据中心备灾电源领域；公司正拓展全球数据中心市场。
2025-02-13Weichai Power stated its power generation products (e.g. WPG series) have sufficient capacity and high delivery efficiency; it will seize global data center demand growth to boost sales.潍柴动力表示其发电用产品（如WPG系列）产能充足、交付效率高，将抢抓全球数据中心需求增长机遇提升销量。
2025-02-26Weichai Power clarified it produces and sells engines for power generation; data centers are a high-value, high-profitability premium application market, but revenue from this segment does not meet separate disclosure threshold.潍柴动力澄清其生产销售发电用发动机，数据中心是价值量高、盈利性强的高端应用市场，但该业务业绩占比未达单独披露标准。
2025-07-29Weichai Power's H1 2025 data-center generator sales surged 664% YoY, and delivery cycle for some orders was compressed by 75% through digital transformation.潍柴动力2025年上半年数据中心发电机组销量同比增长664%，部分订单交货周期压缩75%。
2025-08-05Weichai 12M55 large-bore diesel generators (2000kW) deployed at Zhejiang Cloud Computing Data Center in Hangzhou as backup power, starting within 10 seconds.15台潍柴12M55大缸径柴油发电机组（2000kW）部署于杭州浙江云计算数据中心，作为备用电源，10秒内启动。
2025-08-26Weichai confirmed its SOFC products can serve as continuous power generation equipment for data centers, and is orderly advancing SOFC business overseas.潍柴确认SOFC产品可用于数据中心持续发电设备，并正有序推进SOFC业务出海。
2025-08-26Weichai stated its large-bore engines are expanding smoothly in overseas markets including North America, Europe, and Southeast Asia, and can be used in million-card supercomputing center backup power.潍柴表示大缸径发动机在北美、欧洲、东南亚等海外市场拓展顺利，可应用于百万卡超算中心备电领域。
2025-09-02Weichai Power confirmed it supplies the 12M55 engine for 108 units of 2MW diesel generator sets in China Mobile's data-center tender (won by Weichai Heavy Machinery).潍柴动力确认其12M55发动机用于中国移动数据中心招标中108台2MW柴油发电机组（由潍柴重机中标）。
2025-11-25Weichai Power globally launched a 5MW high-speed diesel generator set at the Asia Data Center Exhibition, targeting large computing centers and cloud service data centers.潍柴动力在亚洲数据中心展上全球首发5MW高速柴油发电机组，可广泛应用于大型算力中心、云服务数据中心等场景。
2025-12-11Weichai Power stated that its large-bore engines and SOFC products can be widely used in data center applications.潍柴动力表示其大缸径发动机和SOFC产品可广泛应用于数据中心等细分市场。
2025-12-24Weichai Power has entered the Middle East data center backup power market and is orderly developing the SOFC product market.潍柴动力已开拓中东地区数据中心备用电源市场，并有序开拓SOFC产品市场。
2026-01-14Weichai is accelerating SOFC capacity expansion to meet customer demand; data center power generation products see strong demand with booming production and sales.潍柴正在加速进行SOFC产能提升以满足客户需求；数据中心用发电产品需求强劲、产销两旺。
2026-01-19Shandong Heavy Industry Group officially launched its seventh business segment - Electric Power Energy, focusing on global data center power generation equipment and SOFC, with Weichai as the core carrier.山东重工集团正式发布第七大业务板块——电力能源，全力进军全球数据中心发电设备、固体氧化物燃料电池等业务，潍柴为核心承载主体。
2026-01-19Weichai launched the world's first 5MW high-speed diesel generator set 20M61, with the highest specific power per liter globally, achieving a key breakthrough in the global high-end data center backup power market in 2025.潍柴推出全球首款5兆瓦高速柴油发电机组20M61，升功率全球第一，2025年在全球高端数据中心备用电源市场实现关键突破。
2026-01-2615 units of Weichai 20M33 data center generator sets were delivered and accepted at a green electricity smart computing center in Qinghai, at an altitude of 2500 meters, providing core power for the 'wind-solar-storage-charging + computing power' model.15台潍柴20M33数据中心发电机组顺利交付青海某绿电智算中心并通过验收，位于海拔2500米，为其“风光储充+算力中心”模式提供核心电力保障。
2026-03-27Weichai Power launched the world's first 5 MW high-speed diesel power generation product (model 20M61) in 2025, with key indicators reaching world-class levels.潍柴动力2025年发布全球首款5兆瓦高速柴油发电产品20M61，关键指标达到世界一流水平。
2026-04-03Weichai Power reported that its power generation business is experiencing strong demand driven by the global surge in data center electricity needs.潍柴动力表示，受全球数据中心电力需求爆发增长影响，公司发电业务产品需求饱满。
2026-04-08Goldman Sachs raised Weichai Power's 2026-2030 EPS by 1-4%, citing stronger-than-expected AI data center power generation business; H-share target raised to HKD 41, A-share to RMB 38, reiterating 'Buy'.高盛上调潍柴动力2026-2030年每股盈利预测1-4%，因AI数据中心发电业务超预期；H股目标价升至41港元，A股升至38元，维持“买入”。
2026-04-29Weichai Power reported Q1 2026 revenue of RMB 62.563 billion (+8.87% YoY), net profit of RMB 3.085 billion (+13.83% YoY), and engine sales of 221,000 units. Data center power generation products surged over 240% YoY.潍柴动力2026年一季报：营收625.63亿元（同比+8.87%），净利润30.85亿元（同比+13.83%），发动机销量22.1万台，数据中心发电产品同比大增超240%。
2026-05-06Multiple 2200kW Weichai 12M55 data center backup power units delivered to a telecom operator data center project in Shaoguan, Guangdong.多台2200kW潍柴12M55数据中心备用电源在广东韶关交付某通信运营商数据中心项目。
2026-05-08Weichai plans to start selling 2-3 MW high-speed gas generator sets for AI data centers in the US from Q3 2026 after obtaining US certification, targeting delivery of 200 gas generator sets in 2026.潍柴计划在获得美国认证后，于2026年第三季度起开始向美国市场销售用于AI数据中心的高速2-3兆瓦级燃气发电机组，目标2026年交付200台。
2026-05-13Company clarified it has no gas turbine products; M-series large-bore diesel generators are widely used in data centers, with natural gas engines and SOFC for continuous power scenarios.公司澄清没有燃气轮机产品；M系列大缸径发电用柴油发动机在数据中心广泛应用，持续发电场景拥有天然气发动机及SOFC布局。
2026-06-05Weichai Power showcased multiple generator sets at GPOWER, including WGFH2000, 20M55, 4M06, 4M10, WP13, WP17T methanol engines, targeting data centers, airports, and other high-end scenarios.潍柴动力在GPOWER动力展展出WGFH2000、20M55、4M06、4M10、WP13、WP17T甲醇发动机等多款发电机组，瞄准数据中心、机场等高端场景。
2026-06-22Citigroup raised Weichai Power's target price to HK$50, reiterating 'Buy', citing potential AIDC engine revenue contribution from Q3 2026 and raising 2026-2028 net profit forecasts by 4%/13%/56%.花旗将潍柴动力目标价上调至50港元，重申“买入”，预计AIDC发动机业务自2026年第三季贡献收入，上调2026-2028年净利润预测4%/13%/56%。
Yutong Bus partnership宇通客车合作
2 · 2024-10-30 → 2024-10-31
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Weichai signed a strategic cooperation agreement with Yutong Bus for vehicle and powertrain system supply and joint R&D.潍柴与宇通客车签署战略合作协议，进行整车和动力总成系统供应及联合研发。
2024-10-30Weichai Power signed a strategic cooperation agreement with Yutong Bus at Yutong's headquarters to deepen collaboration in vehicle and powertrain system supply and joint R&D.潍柴动力与宇通客车在宇通总部签署战略合作协议，深化整车与动力系统产业配套及协同研发合作。
2024-10-31Weichai Power signed a strategic cooperation agreement with Yutong Group to deepen collaboration in vehicle and powertrain system integration, co-development, and global market expansion.潍柴动力与宇通集团签订战略合作协议，深化整车与动力系统产业配套、协同研发及全球市场开拓合作。
Shaanxi Heavy Duty Truck陕重汽
6 · 2024-10-30 → 2026-04-01
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Shaanxi Heavy Truck (subsidiary) achieved record sales, launched the new-energy 'Zhihui' brand, and saw NEV heavy truck sales surge over 260% YoY.陕重汽（子公司）销量创纪录，推出新能源‘智慧’品牌，新能源重卡销量同比增长超260%。
2024-10-30In 9M 2024, Weichai sold 221,000 heavy-duty truck engines (including 89,000 natural gas engines, +8.8% YoY); its subsidiary Shaanxi Heavy Duty Truck sold nearly 4,500 new energy heavy trucks (doubled YoY) and exported 47,000 heavy trucks (+13.5% YoY).2024年前三季度，潍柴销售重卡发动机22.1万台（其中天然气重卡发动机8.9万台，同比+8.8%）；子公司陕重汽新能源重卡销售近4500辆（同比翻番），重卡出口4.7万辆（同比+13.5%）。
2025-04-25Weichai Power's subsidiary Shaanxi Heavy Duty Truck launched the fully自主 new energy 'Zhihui' heavy truck brand, equipped with 'Weichai new energy battery + Fast AMT + Hande e-drive axle'; signed 1,000-unit strategic cooperation agreement with Shanghai key customer.潍柴动力旗下陕汽重卡发布全自主新能源“智汇”重卡品牌，搭载“潍柴新能源电池+法士特AMT变速器+汉德电驱桥”；与上海战略大客户签署1000辆战略合作协议。
2025-08-30Weichai's subsidiary Shaanxi Heavy Duty Truck sold 73,000 heavy trucks in H1 2025 (+14.6% YoY), with NEV heavy truck sales exceeding 10,000 units (+255% YoY).潍柴子公司陕重汽2025年上半年销售重卡7.3万辆（同比+14.6%），新能源重卡销量超1万辆（同比+255%）。
2025-09-09Weichai Power, together with Shaanxi Heavy Truck and CIMC Vehicles, launched the new-energy 'Zhihui' series integrated products in Guangxi, delivering 50 electric tractors + 50 trailers; the world's first pure-electric integrated truck (EVH700) was delivered.潍柴动力联合陕重汽、中集车辆在广西发布新能源“智汇”系列一体化产品，交付50台牵引头+50台挂车；全球首款纯电动一体化列车EVH700交付。
2026-03-27In 2025, Weichai Power's subsidiary Shaanxi Heavy Duty Truck sold 153,000 vehicles (+29.4% YoY); new energy heavy truck sales reached 25,000 units (+262% YoY).2025年潍柴动力旗下陕重汽整车销量15.3万辆（同比+29.4%）；新能源重卡销量2.5万辆（同比+262%）。
2026-04-01Shaanxi Heavy Truck (subsidiary of Weichai Power) reported 2025 full-year vehicle sales of 153,000 units (+29.4% YoY), including 25,000 new energy heavy trucks (+262% YoY), with market share up 3.3 ppts.陕重汽（潍柴动力子公司）2025年全年整车销量15.3万辆（同比+29.4%），其中新能源重卡2.5万辆（同比+262%），市场份额同比提升3.3个百分点。
IP & patents知识产权与专利
2 · 2024-11-06 → 2025-02-14
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Intellectual property, algorithm competitions, and technology innovation achievements.知识产权、算法竞赛及技术创新成果。
2024-11-06Weichai's intelligent algorithm team won the gold award at the 2024 International Challenge on Intelligent Control Algorithms for Internal Combustion Engines (ICIAP) in Dalian.潍柴智能算法突击队在2024内燃动力智能控制算法国际挑战赛（ICIAP）中荣获金奖。
2025-02-14Weichai Power completed local deployment of DeepSeek AI model to accelerate R&D innovation.潍柴动力已完成DeepSeek人工智能大模型的本地化部署，以提速技术研发创新。
Mining power products矿用动力产品
4 · 2024-11-27 → 2025-06-27
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Weichai launched second-generation mining power products (diesel, methanol, electric) for excavators and dump trucks, breaking foreign monopoly and inaugurating a mining service base.潍柴推出第二代矿用动力产品（柴油、甲醇、电动），用于挖掘机和自卸车，打破国外垄断，并启用矿山服务基地。
2024-11-27At bauma CHINA 2024 in Shanghai, Weichai Power launched China's first 120-400 ton electric-drive mining truck engines (M33, M55 series), breaking foreign monopoly on large-tonnage rigid mining truck engines.在上海bauma CHINA 2024上，潍柴动力发布中国首款120-400吨级电传动矿卡动力M33、M55系列产品，打破大吨位刚性矿卡国外发动机垄断。
2025-05-09Weichai launched second-generation mining power products (M-series large-bore, H/T series) for mining excavators, rigid dump trucks, and wide-body vehicles, breaking foreign monopoly on large mining equipment key technologies. A Weichai mining service base was also inaugurated.潍柴发布第二代矿山动力新品（M系列大缸径、H/T系列），适配矿挖、刚性矿卡及宽体车，打破大型矿用装备关键核心技术国际垄断。同时，潍柴动力矿山服务基地正式揭牌。
2025-06-20Weichai Power delivered the first WP17T methanol mining excavator engine to a major customer in Xinjiang, marking the full market launch of its second-generation mining power products covering diesel, methanol, natural gas, hybrid, and electric powertrains.潍柴动力首台WP17T甲醇矿用挖掘机动力交付新疆大客户，标志着覆盖柴油、甲醇、天然气、混动、纯电的第二代矿山动力产品全面推向市场。
2025-06-27At CIME 2025, Weichai Power showcased its multi-fuel mining power lineup including the WP14T diesel engine (based on 53.09% BTE platform), WP17T methanol engine, and B50 battery (170-828kWh, nail penetration safe, -35°C to 65°C range).在第十届中国国际矿业展览会上，潍柴动力展出多元燃料矿山动力体系，包括基于53.09%热效率平台的WP14T柴油机、WP17T甲醇发动机及B50动力电池（电量170-828kWh，针刺不冒烟不起火，工作温度-35℃至65℃）。
Power battery product line动力电池产品线
10 · 2024-12-03 → 2026-05-07
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Weichai launched full-series commercial vehicle and construction machinery power batteries using blade-cell technology, achieving rapid sales growth and a major battery award.潍柴推出全系列商用车和工程机械动力电池，采用刀片电池技术，实现销售快速增长并获得重要电池奖项。
2024-12-03Weichai Power released its first full-series new energy commercial vehicle power batteries at the 2025 Global Partner Conference, including heavy-duty and light-duty truck batteries using blade cell technology. Heavy-duty battery supports -20°C charging and 1.3C fast charge, 18 min to 60% SoC; representative product single pack 100kWh, energy density ≥162Wh/kg.潍柴动力在2025年全球合作伙伴大会上首次发布全系列新能源商用车动力电池，包括重卡和轻卡全系列电池，采用刀片电池技术。重卡电池支持-20℃充电和1.3C快充，18分钟补能60%；代表性产品单包100kWh，能量密度≥162Wh/kg。
2024-12-03Weichai Power also released 10 full-series construction machinery batteries covering 280-765kWh capacity for loaders, excavators, mining trucks, etc., at the 2025 Global Partner Conference.潍柴动力还在2025年全球合作伙伴大会上发布了覆盖280-765kWh电量的10款全系列工程机械电池，适用于装载机、挖掘机、矿卡等细分市场。
2025-01-08Weichai Power released its self-developed full-series power battery products for commercial vehicles and construction machinery at the 2025 Global Partners Conference, including a 100kWh single-pack battery for heavy trucks (200-600kWh scalable) and a 140kWh single-pack battery for light trucks with 2C fast charging (20%-80% in ~18 min).潍柴动力在2025年全球合作伙伴大会上发布自主开发的全系列商用车及工程机械动力电池产品，包括重卡100kWh单包电池（200-600kWh可扩展）和轻卡140kWh单包电池（2C快充，20%-80%约18分钟）。
2025-01-20Weichai Power released its full-series new energy commercial vehicle power batteries in December 2024, featuring high safety, large capacity, light weight, fast charging, long life, and low-temperature adaptability.潍柴动力于2024年12月首次发布全系列新能源商用车动力电池，具备高安全、大电量、轻量化、快充、长寿命及低温适应性等优异性能。
2025-04-03Weichai Power launched a 151kWh battery pack (energy density 162Wh/kg, 614V) and the Blue擎 'Cold Chain 1 Truck' refrigerated truck with large-capacity blade battery, featuring fast charge (12%-80% in 45 min) and 35kg lighter than peers.潍柴动力推出151kWh电池包（能量密度162Wh/kg，额定电压614V）和蓝擎“冷链1卡”冷藏车，搭载大电量刀片电池，快充12%-80%仅需45分钟，较同类轻35kg。
2025-06-26Weichai Power held an investor relations event, stating it plans to release its first full-series new energy power battery products by end of 2024 and push forward capacity deployment, while M-series large-bore engine sales and data center product sales grew rapidly.潍柴动力在投资者交流中表示计划2024年底首次发布全系列新能源动力电池产品并推动产能落地，M系列大缸径发动机及数据中心产品销量高速增长。
2025-08-26Weichai disclosed its full-series new energy commercial vehicle power batteries launched in late 2024 use blade battery technology with fast charging and higher energy density.潍柴披露2024年底发布的全系列新能源商用车动力电池采用刀片电池技术，具备快充能力和更高能量密度。
2025-09-04Weichai Power's H1 2025 power battery sales reached 2.3 GWh, up 91% YoY; subsidiary KION GROUP AG recorded restructuring costs of 1.51 billion yuan, impacting net profit by 486 million yuan.潍柴动力2025年上半年动力电池销量2.3GWh，同比增长91%；子公司凯傲集团计提重组费用15.1亿元，影响归母净利润4.86亿元。
2026-01-23Weichai heavy-duty truck CT100 battery won the '2026 Most Trustworthy Power Battery' award; features 4500+ cycle life, 15% energy density improvement over previous gen, -35°C to 65°C operating range, and supports -20°C low-temperature charging.潍柴重卡CT100电池荣获“2026年度值得用户信赖动力电池”大奖，循环寿命突破4500次，能量密度较上一代提升15%，工作温度范围-35℃～65℃，支持-20℃低温充电。
2026-05-07Shanxi Heavy Truck M3000E tractor equipped with Weichai 452 kWh power battery reached a strategic signing of 300 units.搭载潍柴452度动力电池的陕汽重卡M3000E牵引车达成300辆战略签约。
Industry standards & policy行业标准与政策
2 · 2025-01-20 → 2026-04-22
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Participation in industry standards, policy compliance, and emission technology readiness.参与行业标准、政策合规及排放技术准备。
2025-01-20Weichai Power stated it has preemptively researched China-7 emission standards technology, following a 'produce one generation, develop one generation, reserve one generation' strategy.潍柴动力表示已提前布局国七排放技术研究，按照“生产一代、研发一代、储备一代”方式开展技术攻关。
2026-04-22Weichai Power led the launch of the 'Power Equipment High-Quality Dataset Construction Consortium' as part of the national industrial data foundation pilot, one of only 14 consortia selected nationwide by MIIT.潍柴动力牵头承建的“动力装备高质量数据集建设联合体”正式启动，入选工信部国家工业数据筑基行动试点，全国仅14家联合体。
Solid-state battery R&D固态电池研发
8 · 2025-02-27 → 2026-06-17
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Weichai is conducting R&D on sulfide all-solid-state batteries, with a pilot line under planning and laboratory research completed.潍柴正在进行硫化物全固态电池研发，中试线正在规划中，实验室研究已完成。
2025-02-27Weichai Power disclosed that its solid-state battery R&D is progressing in an orderly manner.潍柴动力披露其固态电池相关产品的研发工作正有序开展。
2025-08-26Weichai confirmed it is conducting R&D on solid-state batteries in an orderly manner.潍柴确认固态电池相关研发工作正有序开展。
2025-09-10Weichai Power is developing 60Ah sulfide all-solid-state batteries and low-cost sulfide solid electrolyte materials, and plans to build a sulfide all-solid-state battery pilot line.潍柴动力正在开展60Ah硫化物全固态电池研发及低成本化硫化物全固态电解质材料研发，并计划建设硫化物全固态电池试制线。
2025-09-10Weichai Power disclosed its lithium battery technologies cover LFP and NCM routes for commercial vehicles, construction machinery, industrial vehicles, and energy storage; it has dedicated R&D teams for solid-state batteries and energy storage.潍柴动力披露其锂电池技术涵盖磷酸铁锂和三元锂路线，应用于商用车、工程机械、工业车辆和储能；配备专门团队研发固态电池和储能。
2025-10-17Solid-state battery pilot line construction is still in early stage; no specific timeline given.固态电池试制线建设尚处于初期阶段，未给出具体时间。
2026-01-14Weichai completed industry-leading laboratory research on sulfide all-solid-state batteries and is conducting industrialization R&D.潍柴已完成行业领先级别的硫化物全固态电池实验室研究，正在进行产业化落地研发工作。
2026-02-28Weichai Power disclosed it is conducting R&D for solid-state battery industrialization and landing, and confirmed it has not entered the aero-engine business.潍柴动力披露正在进行固态电池产业化落地研发工作，并确认目前未进入航空发动机业务。
2026-06-17Weichai Power registered 3 new software copyrights: solid-state lithium battery electrolyte powder quality consistency calculation, large-bore generator set fuel tank monitoring, and lithium battery data analysis software.潍柴动力新注册3项软件著作权：固态锂电池电解质粉质量一致性计算、大缸径发电机组油箱状态监测与控制、锂电数据分析软件。
Weichai Torch Technology spin-off潍柴火炬科技分拆
1 · 2025-03-17
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Weichai Power temporarily terminated the spin-off and listing of its subsidiary Weichai Torch Technology on the ChiNext board.潍柴动力暂时终止了子公司潍柴火炬科技在创业板的分拆上市。
2025-03-17Weichai Power announced the temporary termination of the spin-off and listing of its subsidiary Weichai Torch Technology Co., Ltd. on the ChiNext board, citing current market conditions.潍柴动力公告暂时终止子公司潍柴火炬科技股份有限公司分拆至创业板上市，原因为当前市场环境因素。
Share buyback program股份回购计划
16 · 2025-04-09 → 2026-05-06
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Weichai Power approved and executed multiple A-share buybacks for cancellation, totaling up to RMB 1 billion, with a special loan from China Development Bank.潍柴动力批准并执行了多次A股回购用于注销，总额达10亿元，并获得国家开发银行专项贷款支持。
2025-04-09Weichai Power's chairman Ma Changhai proposed a share buyback of 500 million to 1 billion yuan via centralized竞价 trading, with shares to be cancelled to reduce registered capital.潍柴动力董事长马常海提议以5亿元至10亿元回购公司部分A股股份，用于注销并减少注册资本。
2025-04-29Weichai Power's board approved a share buyback plan of 500 million to 1 billion yuan at up to 23.57 yuan per share, for cancellation to reduce registered capital, within 12 months from shareholder meeting approval.潍柴动力董事会批准回购方案：以不低于5亿元不超过10亿元回购A股，价格不超过23.57元/股，用于注销减资，期限自股东大会审议通过起12个月内。
2025-05-20Weichai announced a share buyback plan of RMB 500 million to RMB 1 billion (price cap RMB 23.57/share) via centralized竞价 trading, for cancellation and capital reduction. It received a RMB 900 million special loan commitment from China Development Bank Shandong Branch (3-year term).潍柴动力公告拟以集中竞价交易方式回购部分A股，资金总额不低于5亿元、不超过10亿元（价格上限23.57元/股），用于注销并减少注册资本。公司获得国家开发银行山东省分行9亿元专项贷款承诺（期限3年）。
2025-06-03Weichai Power announced a share buyback plan of RMB 500 million to RMB 1 billion at a price not exceeding RMB 23.57 per share, for cancellation and capital reduction, valid for 12 months from shareholder approval.潍柴动力公告拟以不低于5亿元、不超过10亿元回购公司A股股份，回购价格不超过23.57元/股，用于注销并减少注册资本，期限自股东大会通过起12个月内。
2025-06-23Weichai Power executed its first share repurchase, buying 2,979,175 A-shares at a total cost of RMB 45.2855 million, with prices ranging from RMB 15.05 to RMB 15.33 per share.潍柴动力首次通过集中竞价方式回购A股股份297.9175万股，耗资4528.55万元，成交价区间15.05-15.33元/股。
2025-07-02Weichai Power board approved a share buyback of A-shares for cancellation, with total funds between RMB 500 million and RMB 1 billion, at a price not exceeding RMB 23.57 per share, valid for 12 months.潍柴动力董事会批准回购A股股份用于注销，资金总额不低于5亿元、不超过10亿元，回购价格不超过23.57元/股，有效期12个月。
2025-07-18Weichai Power adjusted the upper limit of its A-share buyback price from RMB 23.57 to RMB 23.22 per share, effective July 25, 2025.潍柴动力将A股回购价格上限由23.57元/股调整为23.22元/股，自2025年7月25日生效。
2025-08-01Weichai Power repurchased 19.685 million A-shares (0.23% of total share capital) for RMB 300 million as of July 31, 2025, with a price range of RMB 15.05-15.43 per share.截至2025年7月31日，潍柴动力累计回购A股1968.55万股（占总股本0.23%），总金额3亿元，成交价区间15.05-15.43元/股。
2025-09-01Weichai Power repurchased 39.14 million A-shares (0.45% of total) as of Aug 31, 2025, spending 596 million yuan (price range 15.05-15.43 yuan/share), under a 500 million-1 billion yuan buyback plan for cancellation.截至2025年8月31日，潍柴动力累计回购3914.25万股A股（占总股本0.45%），耗资5.96亿元（价格区间15.05-15.43元/股），回购计划总额5-10亿元用于注销。
2025-10-10Board approved a share buyback plan to repurchase A-shares for cancellation, with total funds between RMB 500 million and RMB 1 billion, at a price not exceeding RMB 23.57 per share, valid for 12 months.董事会批准回购部分A股股份方案，回购用于注销，资金总额不低于5亿元、不超过10亿元，回购价格不超过23.57元/股，有效期12个月。
2025-11-03As of Oct 31, 2025, Weichai Power had repurchased 50.25M A-shares (0.58% of total share capital) for RMB 761M, under a plan to use RMB 500M-1B for buyback to cancel and reduce registered capital, with price cap adjusted to RMB 22.86 after dividends.截至2025年10月31日，潍柴动力已累计回购A股5025.25万股（占总股本0.58%），支付金额7.61亿元；回购计划总额5-10亿元，用于注销减资，价格上限因分红调整至22.86元。
2025-12-01Weichai Power repurchased 50.25 million A-shares (0.58% of total shares) for 761.5 million yuan, with a total buyback plan of 500 million to 1 billion yuan for cancellation and capital reduction.潍柴动力累计回购A股5025.25万股（占总股本0.58%），支付金额7.615亿元，回购计划总额5-10亿元用于注销减资。
2026-01-04Weichai disclosed that as of Dec 31, 2025, it had repurchased 50.25 million A-shares (0.58% of total shares) for RMB 761 million, with price range RMB 14.57-15.43 per share; the buyback program runs until May 20, 2026.潍柴披露截至2025年12月31日，累计回购A股5025.25万股（占总股本0.58%），使用资金7.61亿元，回购价格区间14.57-15.43元/股；回购方案有效期至2026年5月20日。
2026-03-02As of February 28, 2026, Weichai Power had cumulatively repurchased 50.25 million A-shares (0.58% of total shares) for RMB 761 million, within the price range of RMB 14.57-15.43 per share.截至2026年2月28日，潍柴动力累计回购5025万股A股（占总股本0.58%），耗资7.61亿元，回购价格区间为14.57元/股至15.43元/股。
2026-04-01Weichai Power announced that as of March 31, 2026, it had repurchased 50.2525 million A-shares (0.58% of total shares) for a total of RMB 761 million, at a price range of RMB 14.57-15.43 per share, for cancellation and capital reduction.潍柴动力公告，截至2026年3月31日，已累计回购5025.25万股A股（占总股本0.58%），使用资金7.61亿元，回购价格区间14.57-15.43元/股，用于注销并减少注册资本。
2026-05-06As of April 30, 2026, the company had repurchased 50.2525 million A-shares (0.58% of total shares) for 761 million yuan, at prices between 14.57 and 15.43 yuan per share.截至2026年4月30日，公司累计回购A股股份5025.25万股（占总股本0.58%），使用资金7.61亿元，回购价格区间14.57-15.43元/股。
Sodium-ion battery development钠离子电池开发
1 · 2025-07-15
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Weichai signed strategic agreements to jointly develop sodium-ion batteries for commercial vehicles and energy storage.潍柴签署战略协议，共同开发用于商用车和储能的钠离子电池。
2025-07-15Weichai Power and its subsidiary Weichai New Energy Power Technology signed strategic agreements with Feicheng city government and Shandong Zero One Four Advanced Materials to jointly develop sodium-ion batteries for commercial vehicles and energy storage.潍柴动力及子公司潍柴新能源动力科技与肥城市人民政府、山东零壹肆先进材料签署战略协议，联合推进钠离子电池在商用车和储能领域的规模化应用。
Minority investments & stakes少数股权投资与持股
1 · 2026-06-25
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Minority investments, stake holdings, and related party transactions.少数股权投资、持股及关联交易。
2026-06-25Weichai Power was added to the 'BYD Concept' stock category, citing its strategic cooperation with BYD to build a power battery R&D and manufacturing base.潍柴动力新增“比亚迪概念”，入选理由为与比亚迪战略合作共建动力电池研发制造基地。
