Weichai Power is Accelerating its Distribution in New Energy

Briefing Jul 22, 2020 02:52 pm EqualOcean

News EO

News · 2

News EO

Sep 15, 2020 06:30 am ·

Weichai Power’s Growth During COVID-19

With the spread of COVID-19, the macroeconomy and market environment were harmed in almost every way in the first half of 2020. Nevertheless, Weichai Power showed and still shows a good performance. Specifically, there was a 4% increase in its operating income, which reached CNY 94.49 billion. To elaborate on the equipment maker’s growth in operating income, its engine and vehicle plates can't be ignored. According to its financial reports, the firm has sold engines for 470,000 units, an increase of 19.2%. Relying on its advantages in the engine plate field, Weichai Power has formed a new line of dynamic systems, selling 605,000 units. Except for the engine plate, the vehicle plate segment also contributed 34.37% to the overall operating income. Precisely, XCQC (陕汽重卡) is an important part of this plate, which has a sales volume of 88,000 units, an increase of 2.1%. Around the vehicle plate, the firm is also actively promoting an upgrading in the chain structure, which might help to improve its R&D ability.

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Sep 15, 2020 05:47 am · Sina Finance

Weichai Power is Leading the Concept Stocks for Hydrogen Energy Source

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Sep 15, 2020 04:42 am · Yuncaijing

Weichai Power is Integrating its Global Resources

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Aug 21, 2020 08:33 am · Zhonghong

Weichai Power has Attracted the First Investment From Germany After the COVID-19

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Aug 21, 2020 08:15 am · Tencent

Weichai Power is Returning from H Shares to A Shares

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Jul 22, 2020 02:40 pm · Chinatruck

Weichai Power has Gradually Returned to Work this July

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Jul 22, 2020 02:31 pm · PhoenixNet

There is More Rooms for Weichai Power’s Profit Margin to Increase

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Jul 22, 2020 02:07 pm ·

Weichai Power’s Engines Could be Applied in Massive Fields

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Jul 22, 2020 02:00 pm · Tencent

Weichai Power’s Shares has Shown an Increasing Trend

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Jul 16, 2020 03:12 pm · Tonghuashun

Weichai Power is Promoting the Distribution of New Energy

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Sep 16, 2020 07:08 am · e firm

STO Express has Acquired Massive Transfer Centers within 18 Cities

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Sep 16, 2020 07:01 am · rmjtxw

STO Express Promotes the Customized Service in Insurance

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Sep 15, 2020 05:47 am · Sina Finance

Weichai Power is Leading the Concept Stocks for Hydrogen Energy Source

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Sep 15, 2020 04:42 am · Yuncaijing

Weichai Power is Integrating its Global Resources

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Sep 11, 2020 05:03 am · Sina Finance

CRRC is Upgraded to the Buy Rating

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Sep 11, 2020 04:55 am · China Economic Bulletin

CRRC is Successfully Laying Track for the Innovation and Entrepreneurship

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Sep 10, 2020 05:45 pm · PhoenixNet

RRSWL has Set Up the First Fitness Space in the Office

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Sep 10, 2020 05:33 pm · News

RRSWL has been Selected as National Digital Enterprise

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Sep 10, 2020 05:23 pm · Eastmoney

HUITONGDA is One of Top 500 Private Enterprises

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Sep 10, 2020 05:16 pm · Yesky

HUITONGDA is Establishing the Consumer Electronics Industrial Internet in the Countryside

ANALYST

Huicong Yi

Communication, Industrials

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