Weichai Power Jumped to 70th Place in China’s Top 500 Enterprises
05 August 2015
www.chinabuses.org: In the recently released list of China’s Top 500 Enterprises, Weichai Power rose from 98th place to the 70th. According to sources, the list of China’s Top 500 Enterprises are chosen among all Chinese companies that have gone public both at home and abroad. The ranking is made according to the closing price at the stock markets of all companies on December 31, 2014.
Since 2014, Weichai Power has been actively enhancing its corporate management and adjusting its marketing strategies. In the face of a host of challenges from both home and abroad, it has still managed to maintain stable and sound development momentum thanks to its breakthroughs made in technologies. In the meantime, it has been quite successful in cutting operating costs and improving efficiency in recent years. To encourage innovation, it has carried out brainstorming conferences and technological innovation summits. Weichai Power’s success in exploring the international market has also contributed immensely to the company’s business expansion. While solidifying its position in Thailand and Myanmar, the company has deepened its ties with its strategic partners in Iran, Vietnam and Russia. It has also expanded its presence in Indonesia, Brasil and other emerging markets. To date, its factories in India and Myanmar have already been put into official operation.
Source : www.chinabuses.org
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