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

17.66 +0.12 (+0.68%) At close: 03:04PM CST

Weichai Power Co., Ltd.

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

Sector(s): Industrials
Industry: Specialty Industrial Machinery
Full-time employees: 89,162

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Xuguang Tan	Executive Chairman	45.98k	N/A	1961
Mr. Decheng Wang	CEO, GM & Director	1.49M	N/A	1978
Mr. Quan Zhang	Executive Vice Chairman of the Board	2.53M	N/A	1963
Ms. Hongkun Qu	CFO & Head of Accounting Department	716.98k	N/A	1980
Dr. Shaojun Sun Ph.D.	Executive Director	45.98k	N/A	1965
Mr. Zhijian Wang	Executive President	1.75M	N/A	1971
Ms. Yunyun Hu	Company Secretary	414.38k	N/A	1981
Mr. Tianchao Gao	Board Secretary	119.16k	N/A	1984
Mr. Yingdong Ding	Deputy General Manager	926.28k	N/A	1968
Mr. Gang Feng	Deputy General Manager	1.82M	N/A	1964

Amounts are as of 31 December 2022, 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. engages in the manufacture and sale of diesel engines, automobiles, and other automobile components in China and internationally. It operates through Engines, Automobiles and Automobile Components, Agricultural Equipment, and Intelligent Logistics segments. The company offers engines of trucks, buses, construction and agricultural machinery, and industrial equipment; gearboxes, including transmission, PTO, and auto transmission products; axles for trucks, bus, and construction machinery; hydraulic components, pumps, valves, gears, motors, and powertrain; commercial vehicles and auto parts; and industrial trucks and services. It also provides new energy products, which include electric direct drive system, electric gearbox power system, electric drive axle system, hybrid power system, power battery, and range-extender system; after-market products, including parts, oil, and other products; fuel cell systems and parts and components; agricultural equipment, machineries, vehicles, and related parts; heavy-duty vehicles; and automotive electronics and parts and components; and forklift trucks production, warehousing technology, and supply chain solutions. The company 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 1 April 2024 is 4. The pillar scores are Audit: 7; Board: 7; 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.