Integrating world's innovation resources
By Zhao Ruixue in Jinan | China Daily | Updated: 2019-04-08 07:49
M&As help Weichai to evolve from an engine-maker to conglomerate
Weichai Group, a State-owned enterprise or SOE based in Weifang, East China's Shandong province, has metamorphosed from an engine-maker until 2009 into a conglomerate now, with a global presence across powertrain systems, intelligent logistics, automotive, construction machinery and luxury yacht sectors.
Its desire to evolve into a leading innovation-driven company is taking it into the clean energy sector next.
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