In the "2012 Listed Company's Word of Mouth List" campaign " Best Management Team Listed Company" award, the listed company's "outstanding leaders' capabilities" was an important factor favoring the organization - Weichai Power therefore won the award.
Institutional judges believe that the leaders of Weichai Power have outstanding leadership skills and harmonious teamwork, leading the company to a stable market position and a continuously expanding product business.
Weichai Power is China's first company listed on Hong Kong H-shares and returned to the Mainland to realize the re-listing of A-shares. It is China's largest auto parts and components group. The company's three business segments, powertrains, commercial vehicles, and auto parts, are in an absolute dominant position in each domestic market segment.
At the end of last year, Weichai Power's management team developed a series of countermeasures after deep analysis of the macroeconomic situation and related national policies, combined with the development of the company's industry.
Weichai Power Management believes that 2012 will be an important strategic adjustment period for China's equipment manufacturing industry. This is an important opportunity for an all-round medical examination of the company's overall quality. The company will strive to seize this rare strategic opportunity to implement the WOS lean management model as an entry point, comprehensively carry out 360-degree quality physical examination, improve the system, rationalize business processes, optimize the management chain, and strive to enhance independent innovation capabilities. Scientific operation level, achieving a healthier, better quality, faster and more sustainable development.
In general, the Weichai Power Management team has a positive, optimistic, and steady attitude.
This year, the company adhered to the path of “endogenous growth, innovation-driven†development, focused on technological innovation, further intensified R&D efforts, solidly implemented the “2012 Product Year†campaign, and greatly enhanced platform planning, product development, process optimization, and supply. Party management, quality monitoring, after-sales service and other processes.
CICC once mentioned in its research report that Weichai Power acquired its 25% equity interest in the international forklift giant KION Group and its 70% stake in Linde Hydraulics with its own funds, and is optimistic about the company’s increasingly mature execution capabilities. Long-term development potential in the hydraulic field.
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