Weichai Power Co., Ltd. (000338.SZ)

12.61 +0.34 (+2.77%) At close: 03:04PM CST

Weichai Power Co., Ltd.

197, Section A, Fu Shou East Street
Section A High Tech Ind. Dev Zn
Weifang 261061
China
86 53 6229 7072
https://www.weichaipower.com

Sector(s): Industrials
Industry: Specialty Industrial Machinery
Full-time employees: 87,600

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Xuguang Tan	Chairman & CEO	53.03k	N/A	1961
Ms. Hongkun Qu	CFO & Head of Accounting Department	742.03k	N/A	1980
Mr. Quan Zhang	Exec. Director	3.61M	N/A	1963
Mr. Xinyu Xu	Exec. Pres & Exec. Director	2.95M	N/A	1963
Dr. Shaojun Sun Ph.D.	Exec. Pres & Exec. Director	2.11M	N/A	1966
Mr. Gang Feng	Exec. Pres	2.4M	N/A	1964
Mr. Zhijian Wang	Exec. Pres	2.77M	N/A	1971
Mr. Wenmiao Chen	Exec. Pres	2.11M	N/A	1983
Mr. Guangxu Cheng	Exec. Pres	2.05M	N/A	1972
Mr. Tonggang Liu	Sec. to the Board	224.15k	N/A	1986

Amounts are as of 31 December 2021, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in CNY.

Description

Weichai Power Co., Ltd. manufactures and sells diesel engines, automobiles, and other automobile components in China and internationally. It operates through Engines, Automobiles and Automobile Components, and Intelligent Logistics segments. The company provides design, development, production, sale, repair, and import and export of engines and auxiliary products, automobile axles and components, and gearboxes and components; hydraulic pumps and motors; hydraulic valves; gears and gear transmission devices; ancillary casting and casting products of hydraulic components; internal combustion engines, energy powertrain systems and ancillary products; technical consultation and technical services; leasing of self-owned houses; steel; business management services; forklift trucks; and warehousing technology and supply chain solution services. It offers its products under the Weichai Power Engine, Fast Gear, Hande Axle, Shacman Heavy Truck, and Linder Hydraulics brands. Weichai Power Co., Ltd. was incorporated in 2002 and is headquartered in Weifang, the People's Republic of China.

Corporate governance

Weichai Power Co., Ltd.’s ISS governance QualityScore as of 30 March 2023 is 2. The pillar scores are Audit: 5; Board: 8; Shareholder rights: 1; Compensation: 3.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.