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Weichai Heavy Machinery Co Ltd

Weichai Heavy Machinery Co., Ltd. manufactures and sells medium- and high-speed diesel engines, generator sets, propulsion systems, and integrated power systems for the marine and power generation equipment markets in China. The company offers diesel engine parts, marine gearbox accessories, and other products. It also provides services for ocean-going, offshore, inland and power generation. In addition, the company offers marine propulsion engines and systems, generator sets, emergency generator sets, and power plant generator systems. Further, it provides spare parts and components, such as rough castings; machined parts for engine bodies, cylinder heads, connecting rods, shell parts, front and bearing covers, flywheels, crankshafts, and other casting products; and stamping and welding parts, including oil pans, separators, oil gauge tubes, air compressor return tubing, pipes, cover plates, pipe clips, nozzles, retaining rings, brackets, collector filters, and preseparators. Its products are used in the defense, communication, petroleum, medical treatment, plateau, railway, field education, and assistance, agriculture, and animal husbandry fields. Weichai Heavy Machinery Co., Ltd. was founded in 1993 and is based in Weifang, China.

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Weichai Heavy Machinery Plans to Invest 538 Million Yuan in Building a High-End Power Energy Equipment Manufacturing Base

Weichai Heavy Machinery announced plans to invest in the construction of a high-end power energy equipment manufacturing base, with an investment budget of approximately 538 million yuan. The project is located on a reserved plot on the south side of the Weifang Binhai Industrial Park. It plans to build new production plants and supporting equipment and facilities to expand the production capacity of high-power generator sets, with a construction period not exceeding 18 months. The project has been reviewed and approved by the company's fourth interim board meeting of 2026 and does not require submission to the shareholders' meeting for approval. According to preliminary estimates, without considering the construction period, the project's internal rate of return is about 11.59 percent, and the after-tax dynamic payback period is about 7.40 years. The company stated that this project is an important strategic layout based on its long-term development strategy, which will help seize the golden market opportunity period, consolidate its market position in the generator set sector, and enhance profitability.
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Multiple Shenzhen- and Shanghai-listed companies release positive announcements on the evening of August 10: Construction Machinery plans to acquire Pucheng Clean Energy, Longsys first-half net profit surges over 715 times

On the evening of August 10, multiple listed companies on the Shanghai and Shenzhen stock exchanges disclosed positive announcements. Construction Machinery plans to acquire 100% equity of Pucheng Clean Energy Chemical Company Limited through a combination of share issuance and cash payment, and trading of the company's shares will be suspended starting August 11 for no more than 10 trading days. Gan & Lee Pharmaceuticals signed an exclusive license agreement with Menarini for the bofanglutide project, receiving an upfront payment of 62 million euros, milestone payments totaling up to 664 million euros, and a maximum double-digit percentage of sales royalties. Jinggong Technology's 5,000-tonne DMSO dry-jet wet spinning high-performance PAN-based precursor complete equipment and process passed scientific and technological achievement appraisal, with the overall technology reaching an internationally advanced level. Weichai Heavy Machinery plans to invest approximately 538 million yuan to build a high-end power energy equipment manufacturing base project, aiming to expand production capacity for high-power generator sets. A subsidiary of Zhumian Group plans to invest 10.2 million yuan to establish a joint venture company, specifically operating the Hengqin Port entry duty-free store, holding a 51% stake. United Nova Technology disclosed its semi-annual report, with first-half operating revenue of 4.562 billion yuan, up 30.53% year-on-year, and net profit of 278 million yuan, turning from loss to profit compared to the same period last year. Zhaochi plans to repurchase shares with an amount of 300 million to 500 million yuan, at a repurchase price not exceeding 13.99 yuan per share. Fuwei shares received a seat project nomination from a joint venture brand customer, with an estimated total lifecycle sales amount of approximately 3.936 billion yuan. Zhongke Magnetics plans to issue convertible bonds to raise no more than 609 million yuan, for the intelligent manufacturing and industrialization project of high-performance rare earth permanent magnet components for thermal management systems and robots, among others. Huicheng Vacuum plans a private placement to raise no more than 955 million yuan, for the industrialization project of ultra-precision semiconductor and continuous PVD equipment, among others. Diantou Energy plans to invest in the construction of the first batch of 100-megawatt wind power projects for the second phase of the Kulun Banner rural energy revolution pilot county project, with a dynamic investment of 422 million yuan. Longsys plans to repurchase shares with an amount of 400 million to 800 million yuan, at a repurchase price not exceeding 735 yuan per share, and also disclosed its semi-annual report, with first-half total operating revenue of 24.088 billion yuan, up 136.26% year-on-year, and net profit of 10.577 billion yuan, up 71,528.66% year-on-year. Jiemei Technology plans to acquire 100% equity of Evers Technology through share issuance, with a transaction amount of 915 million yuan, expanding its business into deterministic polishing equipment for ultra-high precision optical components.
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