Hamburg - Delayed Quote • EUR Weichai Power Co Ltd (WI4.HM) Follow Compare 1.3675 +0.0020 (+0.15%) As of 8:01:11 AM GMT+1. Market Open. All News Press Releases SEC Filings All SEC Filings Corporate Changes & Voting Matters Periodic Financial Reports Proxy Statements Tender Offer/Acquisition Reports Offering Registrations Weichai Energizes Global Markets through Strategic Partnerships and Innovation On December 10, the 2025 Weichai Global Partners Conference overseas session was held in Weifang, China, drawing global customers, partners and key stakeholders from the Middle East, Africa, and Southeast Asia. The event served as a platform for reviewing past collaborations, deepening ties, and strategizing future ventures aimed at driving sustainable growth in the global energy sector. From Struggles to Triumph: Weichai's Engine Technology Boosts Malaysian Fishing Vessels' Efficiency by 43% Weichai's X6170 engine has proven transformative for Malaysian fishing vessels. Installed in a Kuantan-based trawler, it delivered a remarkable 43% increase in efficiency, enabling the vessel to cast 12 more nets per trip while reducing fuel consumption by nearly 30%. This breakthrough not only exceeded expectations but also highlighted Weichai's commitment to innovation in the competitive marine engine market. Weichai Lovol Celebrates 20 Years of Deep Cultivation in the Latin American Market On July 2, the Third China-Latin America and Caribbean Agricultural Ministers Forum was held in Weifang. The forum was attended by 24 ministers and deputy ministers from 25 countries, as well as 13 ambassadors. As a leading brand of modern agricultural solutions in China, Weichai Lovol hosted over 100 participants. Tan Xuguang: I Will Act As the Logistics Minister for Our Customers! To advance Weichai Power's brand development in Malaysia and bolster its international reputation under the "Remarkable Shandong" initiative, Tan Xuguang conducted extensive on-site surveys with end-users in West Malaysia from June 20th to 21st. He engaged in detailed discussions with shipowners and channel partners, focusing on product upgrades, customer satisfaction, and optimizing resource allocation. Tan Xuguang: Unveiling New Quality Productivity in Power Solutions for Asia-Pacific Data Centers! As part of the strategic initiatives of Shandong Heavy Industry Group aimed at fostering new quality productivity and exploring incremental business opportunities abroad, Tan Xuguang led an investigative mission from June 18th to 19th focused on data center generator projects in Johor Bahru, Malaysia, and Singapore. The study involved comprehensive assessments of power product demand from high-profile data center clients and evaluated Weichai Group's industrial chain ecosystem. This effort was a Tan Xuguang: Southeast Asia Product Exports Must Navigate with a "Battle Plan" and Transform On June 16-17, Tan Xuguang presided over a strategic meeting in Singapore dedicated to Weichai's Southeast Asia market export initiatives. The session included an in-depth review of the company's export performance for the first half of the year and outlined strategies to enhance exports in the latter half. The meeting involved comprehensive analysis of emerging challenges, inconsistencies, and prospects associated with exporting marine power and power generation equipment across Southeast Asia. Tan Xuguang: Enter South Korea, Full Focus on Business in the "Doorstep" Market In alignment with the global strategic development of Shandong Heavy Industry, with a focus on bolstering "doorstep" export business, from June 14th to 16th, Tan Xuguang led a delegation to South Korea to conduct a thorough market survey. The visit included in-depth assessments of the distribution channels for Weichai power generation sets and marine power systems to promote the export of products. Additionally, the team visited and investigated the development of South Korea's big data centers Ferretti's first-quarter performance shines, with the new shipyard put into operation On May 16, 2024, local time in Italy, Ferretti Group Chairman Tan Xuguang hosted an on-site meeting of the Italian Ferretti company's board of directors at Milan headquarters, fully affirmed the continuous growth of the company's performance in the first quarter, and claimed to comprehensively build up a sustainable and high-quality operational competitive advantage. Ferretti's Dazzling Presence at the 2024 Singapore Yachting Festival: Showcasing Evolving Trends in Luxury Yachting On April 25, the 2024 Singapore Yachting Festival kicked off in the picturesque setting of Sentosa Island. Under the umbrella of Weichai Group's Ferretti Group, four yachts including the wallywhy200, wallypower58, Ferretti Yachts 780, and Rivamare made their grand debut at the Lion City's extravaganza. Among them, the Wally twin marked its inaugural unveiling in the Asia-Pacific region and heralded a paradigm shift within the yacht industry. Italy Ferretti Group Held Global Shareholders' Meeting At 10:00 am on April 22, 2024, Milan time, Tan Xuguang, Chairman of the Board of Directors of Italy's Ferretti Group, chaired the Ferretti Global Shareholders' Meeting in Beijing and addressed shareholders' inquiries. The primary location for the meeting was in Milan, with Tan Xuguang, the board of directors, board members, and shareholders worldwide participating virtually. Four World Records Set Weichai Power Unveils World's First Diesel Engine with 53.09% Thermal Efficiency On April 20, 2024, the 2024 World Congress on Internal Combustion Engines grandly commenced in Tianjin, China, showcasing the industry's latest technological advancements. At the event, Weichai Power unveiled the world's first diesel engine with an intrinsic thermal efficiency of 53.09%. This remarkable achievement was officially recognized by TÜV SÜD, an international authoritative testing organization, and the China Automotive Technology & Research Center, a professional testing body for Chine Weichai Power's Future Technology Laboratory Officially Opened At 10:00 a.m. on April 16, Weichai Power, a globally famous group of industrial equipment, officially opened its future technology laboratory. This is an important measure for Weichai to cope with the arrival of the future "double-carbon" era and lead the energy change, and also a milestone event in science and technology to promote the vehicle and machinery of Shandong Heavy Industry Group to become world-class. Weichai's 3MW Generator Set Achieves Over 30,000 Hours of Continuous Operation, Elevating to World-Class Standard! On the morning of April 10th, the event commemorating the Weichai generator set's 30,000 hours of operation at the KohSichang Power Station in Thailand was successfully held. Tan Xuguang, Chairman of Shandong Heavy Industry Group and Weichai Group, alongside Chen Muxiong, Chairman of Thailand's Namsang Company, jointly witnessed this significant milestone. They unveiled the plaque commemorating the 30,000 hours of operation for the Weichai 12M33 generator set and Tan Xuguang presented customers Tan Xuguang: No Blind Matchmaking for Products Afar Upon a profound visit to Southeast Asia, Mr. Tan Xuguang, on the afternoon of April 7, presided over the Field Promotion of Shandong Heavy Industry - Weichai Power for Product Export in Southeast Asia in Ho Chi Minh City, Vietnam for disclosing and expounding the products exports and problems of enterprises in the first quarter of 2024, as well as deploying the work and tasks for second quarter in an all-round manner. Two Decades Post-IPO, Weichai Power's Market Value Soars 30-Fold, Distributing RMB 28 Billion in Dividends Weichai Power Co., Ltd. (2338.HK, 000338.SZ), in its latest annual report released on March 26, unveiled significant financial achievements for the year 2023. The company recorded revenue of RMB 213.96 billion, a notable increase of 22.2% compared to the previous year. Net profit attributable to shareholders surged by 83.8% to RMB 9.01 billion, while basic earnings per share jumped 84.5% to RMB 1.04. Weichai Showcases Advanced Offshore Marine Power Solutions at APM 2024 The 2024 Asia Pacific Maritime (APM 2024), a cornerstone event for the maritime sector, was held at Marina Bay Sands in Singapore from March 13-15. The gathering is recognized as the most influential maritime exhibition in the Asia-Pacific, drawing more than 1,500 exhibitors from 60 countries. Weichai was among the participants, challenging established marine engine brands with its latest innovations in marine propulsion and technological achievements. The presentation captured the attention of Weichai Group Advances Toward Becoming a Global Leader in Technological Innovation On February 2nd, Weichai Group held the 2024 Technology Incentive and Commendation Conference, granting 65 million yuan in recognition of significant scientific research achievements and exceptional tech talent within the company. Tan Xuguang, Chairman of Shandong Heavy Industry Group and Weichai Group, delivered a speech on the progress in science and technology innovation, outlined the strategic plans for future technological advancements, and emphasized the commitment to promoting the enginee Shandong Heavy Industry - Weichai Power Hosts Third Global Partner Conference and Southeast Asia (Jakarta) New Product Exhibition On January 23rd, Shandong Heavy Industry - Weichai Power hosted its 3rd Global Partner Conference and the Southeast Asia New Product Exhibition in Jakarta, Indonesia. The event expects the participation from over 1,000 distributors and key clients across Southeast Asia, East Asia, Australia, New Zealand and beyond. Performance Overview Trailing total returns as of 12/19/2024, which may include dividends or other distributions. Benchmark is SSE Composite Index Return WI4.HM SSE Composite Index YTD +62.10% +13.28% 1-Year +61.02% +14.99% 3-Year +162.19% -7.22%